BankNifty Analysis BankNifty’s trade today looked quite different from Nifty50. The opening candle was a stronger red and we retested the 44068 support. Since we did not break it - my short call did not trigger. The rejection took BN higher by 312pts ~ 0.71% and we went into the green territory for a brief period. And even after all these - the options data was...
This chart explains that ICICI Bank has broken the mid-point (support) and formed a double top pattern and got activated by breaking the support line in Weekly Time Frame However nothing to panic as the next level of support is very near by and it is a short pattern. Unless it reverses and closes back above 950 this pattern will be valid. If the pattern...
NSE:DIXON formed Bearish Engulfing, Bearish marubozu, Rising Wedge, Double Top and -ve RSI Divergence on Daily TF. ITs a high probability trade. Entry : 4920.30 Target : 4650 SL : 5225 RR : 0.9
BTC clearly showing down trend reasons : 1. bearish shark pattern 2. trend line nearly rejection 3. RSI overbought region and macd cross 4. double top pattern
Nifty spot Bearish Divergence on 1 hr can look for tp of 18890-870 with risk reward ratio of 2.31 dc : only for educational and learning purpose
Ambuja cements has made double top on daily charts. Once 445 levels get broken than double top formation will place ambuja near 415-420 range. Buy above 468 only for 485 to 500 levels.
USDT.D formed bearish shark pattern and double top, BEARISH DIVERGENCE in RSI which all suggests that usdt dominance will come down which is inversely related to BTC and ALTCOINS.
A double top is a bearish technical reversal pattern. It is not as easy to spot as one would think because there needs to be a confirmation with a break below support. While a double top is a bearish signal, a double bottom is a bearish signal. Top tops usually have an upswing, initial peak, trough, second peak, and neckline. Investors can short trade after the...
Banknifty for ( 30/07/2023 ) Enter once "Breakout and Retracement" . . For " long " entry: 45530 target: 45760 stoploss: 45450 . . For " Short" entry: 45400 target: 45250 - 45020 stoploss: 45510 . . Enter only if market Breaks "Yellow box" mentioned. . Wait for proper reversal and conformation. . Don't make complicated trade set-up.📈📉 Keep it " simple, focus...
TOTAL3 clearly bearish and chance to loose support or can bounce till 380B level. in case bad economy with high interest rates can break support and next support will be 290B. #Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto
TOTAL have chance to take retracement becoz of Double top and RSI DIVERGENCE, Next support levels are 1.2T , 980B , 874B and 725B. Another chance to make triple top also if interest rates go lesser. #Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading #altcoins #cryptocurrency #crypto
SP500 index moved rapidly upwards now it need correction and same time we can observe proper double top and bearish shark is forming and RSI also over bought region which indicates next month we can expect some bleeding till November it may also continue if FED increase interest rates becoz of inflation. #Bitcoin #nft #bnb #eth #btc #BSC #Binance #trading...
Hey Pivster's So, as we know today was expiry for NSE:FINNIFTY1! and market had open with a bullish sentiment at the early hours of the opening bell with good buying force seen in initial minutes of the market as OPEN=LOW too. Buying force was submerged as the first 15min candle closed above the reversal camarilla pivot level H3...after that buyers were not...
Banknifty ( This week contract ) More probability is there for " 45250 " . For " long " entry:45120 target: 45250/ 45450 stoploss: 44850 . " BEARISH " only if market Breaks " " Yellow box" mentioned. . . don't be aggressive. . refer old ideas attached below.
Banknifty ( This week contract ) More probability is there for " 45150 " . For " long " entry:44950 target: 45180 / 45500 stoploss: 44850 . " BEARISH " only if market Breaks " "Yellow box" mentioned. . . don't be aggressive. . refer old ideas attached below.
Banknifty ( Next week contract ) More probability is there for " 44500 " . For " long " entry:44950 target: 45180 / 45500 stoploss: 44900 . For " Short" entry: 44740 target: 44550 stoploss: 44950 . Enter only if market Breaks " S & R Zone " "Yellow box" mentioned. . wait for proper reversal and conformation. . don't be aggressive. . refer old ideas attached below.
Banknifty ( 13/07/2023 ) . For " long " entry: 4250 target: 45500 stoploss: 45000 . For " Short" entry: 45050 target: 44750 / 44500 stoploss: 45150 . enter only if market Breaks " No trade zone " . wait for proper reversal and conformation. . don't be aggressive. . refer old ideas attached below.
Crude oil Future ( Next week Contract ) . For " long " entry: 5950 target: 5970 / 5990 stoploss: 5920 . For " Short" entry: 5900 target: 5855/ 5755 stoploss: 5935 . . enter only if market Breaks " No trade zone " . wait for proper reversal and conformation. . don't be aggressive. . refer old ideas attached below .