sentiment analysis fundamentals technicals all are bearish so we have strong pressure you can see fundamental moves data on online ,and for sentimental analysis you can see in commitment of traders report, and for tecnicals you can see this patterns forming 1.strong support turns into resistance 2.falling wedge forming 3.bearish engulfing 4.parabolic sell signal
In case market opens Gap down Target will be 33000 with SL as per your risk appetite. REMEMBER WHAT YOU DO WHEN ONE IS WATCHING , THAT COUNTS.
For Education purpose only Nifty Levels for 17th May No Trading Zone Between 14730-14613 If sustain you will see good move. We also have weekly support after 14613...take care on it too. Dtd 17th May 2021 : TheCharts
If BREAKOUT then achieve 14800
PNB Has Broken Its Downward Trendline and Keep Resistance At 39.2 If Day Closing is Above 39.2 , Next Target is 43.5 , 46.5 , 55 Stop Loss Below 36.5 ONLY FOR EDUCATION PURPOSE |
Nifty 50 Analysis on 15min Time frame follow channel show on chart Only study purpose HAPPY LEARNING 😎
IT sector is about to outperform. Keep tracking IT stocks like HCLTECH, INFY, etc.
everything mentioned in the chart.nothing more to explain. risk depends on u🤗 thanku guys.
Bajaj Finance had given breakdown of Descending triangle Pattern and retest also done. My View is on Shorttern Downtrend.
The falling wedge pattern is characterized by a chart pattern which forms when the market makes lower lows and lower highs with a contracting range. When this pattern is found in a downward trend, it is considered a reversal pattern, as the contraction of the range indicates the downtrend is losing steam. Buy for 857 with stop loss close blow 600. A major...
a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents. Buy with stop loss close below 29.50.
So far, #NIFTY and #BANKNIFTY were trending upwards; however, the overall structure is still trading in a broad bracket. Will markets stay within this bracket? I have tried to explain this concept in this video. Kindly let me know your feedback or questions in the comments:) Thank you:)