The US VIX (volatility index) is over heated at +32 which is unusual. As the US indices have been corrected up to 20-32% from the swing high, technically it is already a crash and enter of bear market especially the technology sector, the most hit one. Next level is recession. My observation is, the increasing VIX is alarming further potential sharp correction in...
BITCOIN SHORT. Hidden divergence. Expecting further downside in BITCOIN
Curently Stock is at MonthlyDemand Zone. Trade is active, buy in part 1401 / 1350 / 1221. for the target of 1659 / 1792 . strong close weekly close above 1792, Stock will move towards 1964 / 2161. Stop loss will be weekly close below 1200. Note: only risky traders can re-accumulate at 1062 / 1000 - For Long term Investors.
BankNifty was Bearish today with a Gapdown opening.Now it is trading at 34376.35 just below the important Fibonnaci Level i.e 0.382,there is a resistance from the above trendline and also it didn't break the psychological level of 35000.There is a support zone from 34200-34000,On Monday there could a GapDown opening the above level may support the price, one can...
Russia-Ukraine has created panic around world markets and almost all global indexes are seeing big fall in numbers. Nifty which was already bearish turned received heavy selling today as well and have breached an important support line of 16400. However there is one more ascending trend line support available at around 16000 level which has worked in past when...
Market has been very volatile last 2 weeks due to Ukrain crisis. last week i predicted a crash but dint immidiatly crashed, but still there is possibilty. Market is in range for quit a long time specilly considering Nifty usual Movement . there 2 possibilities either rally on Long side or Crash- if Ukrain crises eases off rally is expected and we have to enter...
Nifty Making Descending Triangle Pattern WHAT IS A DESCENDING TRIANGLE? The descending triangle is a bearish pattern that is characterized by a descending upper trendline and a flat lower trendline that acts as support. This pattern indicates that sellers are more aggressive than buyers as the price continues to make lower highs. The pattern completes itself...
Are we gonna have another downfall because a bear flag is forming in the 1 hour chart of BTCUSDT. what your views on this, Kindly Reply. - This is not any investment advice just for analysis purpose.
Wait for the right opportunity, its fair value is more tha 120,it would be good to buy from 38-39,. Those who thinks they have stuck in this stock, nothing to worry simply accumulate and enjoy. Sher sher raha hai ek chote haar ka mtlb ye nii hota ki wo sikar krna bhul gya 😉 Cheers🍻
There is posible market crash is coming if the triangle gets broken on down side. on the other side market can actully bounce from this same level and rally. but very critical level. NSE:NIFTY
The rounded top formation on BTC/USDT 4hr chart is showing the potential end of a previous uptrend. - Showing that it has already reached the maximum price. (01 Feb.) - And that the possibilities are now in favour of a downward price movement. (02 Feb.) In technical analysis , the rounded top is a negative chart pattern . When a chart develops a top,...
I believe based on the volume of buying pressure on this higher time frame chart that the Dow will make a significant pull back near the 27000-25000 area. I also believe we will also see a significant rally across many cryptos. If i’m wrong then I would look for the market to push volume past the 36000 area and stay above it for at least a month.
NIFTY Next week Short Below 16960 Stoploss - 17210 Target - 16500 , 16400, 16300, 16200, 16000
One thing to keep in mind is the difference between a crash and a correction. After a correction, the price always rises. It's important not to confuse every correction with a crash. It all about making money out of it. STOCK MARKET DROP DOWN-5% PULL BACK DOWN-10% CORRECTION DOWN-20% BEAR MAKET DOWN-50% CRASH
As per the chart behavior we can see a clear downtrend which will have 3 stops further 1st support 16700 2nd Support 16400 3rd Support 15900
Trade based: in day tf it was still in up trend. just it follows the pattern. more than a month. just now, it broken and also retested. it indicates upcoming days, it will move up to 300
zomato mcap of 1.5 L cr a technical bearish aggressive scenario shall take place as there are already enough peers against it and the craze of the same might fade away and margins are shallow i see stock moving south accordingly
NSE:NIFTY Nifty seems to have finished the post covid bullish impusle wave cycle which lasted for the past 1.5 year. BUY THE DIP ❌❌❌❌ SELL ON RISE ✅✅✅✅