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Double Top or Bottom

Nifty : Level to watchNifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 8-5-24 Double TOP formation will confirm when it breaks the level 21775. The Downtrend will begin for quiet a long time. Sell on every Rise of 6-10% with strict stoploss (Which will be given by your financial advisor. Do not trade if you don’t know the stoploss). Gap UP/Down Opening : If high of First Hour is not broken then put stoploss there for all short positions. If Low of First Hour is not broken then put stoploss there for all Long positions. For New position : for Upside : Buy Nifty above 22342 Stoploss 22262 it may touch 22366---22406---22470---22574---22639---22743 for Downside : Sell Nifty below 22262 Stoploss 22342 it may touch 22238---22198---22134---22030---21965---21861 Stoploss 22300 for All LONG Positions For Short term Trend Stoploss 22000 for All LONG Positions For Mid term Trend Stoploss 21710 for All LONG Positions For Long term Trend All above levels are of Nifty Spot. Put Stoploss on closing basis. (In Trading Time it may go above/below stoploss But closing price is most important). These are levels are generated on the basis on Fibonacci Series NOTE : I am not SEBI registered advisor in capital market. Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss. Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's. Thank you.
NSE:NIFTYShort
by maneeshaggarwal
jubiliant foodworks potential reversal NSE : JUBILANT FOODWORKS CMP - 472.6 VIEW - bullish / long ANALYSIS - Technical A bull divergence on daily MACD indicator with higher lows is contrast with price action of lower lows indicating a divergence. Breaking of bearish trendline indicates a potential trend change with double bottom formation Target - 519-525 stoploss - below 407-415 closing basis timeframe : 12 weeks disclaimer: it is a educational purpose publication and not a trading recommendation.
NSE:JUBLFOODLong
by radHE_Capstone
ATOMUSDT: Get ready for a potential bullish breakout🚀💎 Paradisers, #ATOM can capture the liquidity of traders who entered on the breakdown of the previous low and has also formed a 'W' pattern, increasing its bullish potential. 💎 If #ATOMUSDT breaks above the resistance level, which could trigger stop losses for sellers who acted on the breakdown, we can target the next resistance levels. 💎 In the case of a pullback, we can also expect a bounce from the support level, potentially forming a triple bottom pattern. However, before entering, ensure confirmation from the candlesticks and momentum. 💎 If the price breaks down below the support level, it will invalidate the bullish structure. In that case, it's better to ignore it and wait for better price action to develop.
by MyCryptoParadise_Nathan
💎 Keep a close eye on the ARKUSDT💎 Paradisers, #ARK has formed a descending channel, and the price is potentially forming a double bottom after absorbing liquidity, which increases the bullish probability. 💎 We can expect a bounce from here due to the liquidity taken and the double bottom pattern, but we don't yet have a clear formation from the price. 💎 If the price breaks out of the descending channel and resistance level, we can target the next resistance levels. 💎 However, if the price breaks down below the demand zone, it will invalidate the bullishness. In that case, it's best to wait for better price action to develop.
by MyCryptoParadise_Nathan
After absorbing liquidity, DOTUSDT has formed a W pattern🚀💎 Paradisers, #DOT is showing a Break of Structure (BOS) towards a bullish market structure and has formed a 'W' pattern after absorbing liquidity, which increases the likelihood of a bullish move. 💎 This level is also supported by the Fibonacci 61.80% level, which further enhances the bullish probability. However, for confirmation, we need the price to break above the resistance level, after which we can expect a bullish move up to the next resistance levels. 💎 If the price breaks down below the bullish OB level, it will invalidate the bullish structure. In that case, it would be better to avoid it and wait for better price action to form.
by MyCryptoParadise_Nathan
Get ready for some potential fireworks with AAVEUSDT! 🎇🚀💎 Paradisers, #AAVE has taken liquidity by breaking below a previous low, which served as a demand level for a while. Now, a bullish move is possible, but we need confirmation. 💎 #AAVEUSDT may bounce from here, as it has formed a double bottom structure accompanied by a dragonfly candlestick pattern, increasing the probability of an upward move. 💎 Nonetheless, I would prefer to observe a Change of Character (CHoCH) towards a bullish market structure in lower timeframes for confirmation. 💎 If the price breaks above the resistance level, we can anticipate a bullish move from there, possibly triggering stop losses of bears who entered on the breakdown of previous lows. Additionally, there is a gap above that could potentially be filled. 💎 However, if the price breaks down below the demand zone, it will invalidate the bullish structure, and in that case, it would be best to wait for better price action to develop.
by MyCryptoParadise_Nathan
Banking Stock - Keep An Eye - BANKBARODA📊 Script: BANKBARODA 📊 Sector: Banks 📊 Industry: Banks - Public Sector Key highlights: 💡⚡ 📈 Script has given breakout of Double Bottom pattern but didn't sustain keep an eye on it we may see good rally. 📈 One can go for Swing Trade above 284. BUY ONLY ABOVE 284 ⏱️ C.M.P 📑💰- 281 🟢 Target 🎯🏆 - 311 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂
NSE:BANKBARODALong
by radha_23
1
Finnifty - April 30Price is at the trend deciding zone 21800 - 21840. Will the trending move what we get today will continue tomorrow or the price will reverse? Buy above 21860 with the stop loss of 21820 for the targets 21900, 21960, 22020 and 22050. Sell below 21760 with the stop loss of 21800 for the targets 21720, 21660, 21620 and 21580. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:FINNIFTY1!
by vanathi
Nifty 50 - Ascending Channel PatternNifty is following the Ascending Channel Pattern at 4hr and Daily chart. Today it has taken the support at the lower Trendline, which is near 22050-A strong support. Market may reverse from here following its previous Trendline chart pattern. Nifty is also making a Double Bottom at 15min chart, a Hammer candle at 1:15pm and RSI divergence are visible, probability of touching 22400 from here. But if it breaks 22000 then we may see 21800. As per Price Action, a strong Green or Red candle on 18april will decide the move. For my learning and digital records purpose only!
NSE:NIFTY
by SatpalS
TIAUSDT: Gears up to break free from its descending channel! 🌊💎 Paradisers, #TIA could initiate a bullish move if the price bounces and breaks out of the descending channel. 💎If #TIAUSDT bounces and breaks through the descending channel, display a Change of Character (CHoCH) towards a bullish market structure, this would enhance the likelihood of a bullish trend. We could then set our sights on targets up to the next resistance levels. 💎However, if the price breaks down below the bullish Order Block (OB) level, it would be considered bearish. But for now, I am not focusing on bearish moves, so it would be better to disregard it in that case.
by MyCryptoParadise_Nathan