BTC/USDT: Weak Trend Strength The uptrend strength has weakened, may just be the start of a short bearish trend. Let's see...
Downtrend
RBL Bank - Breakout at 219 levelRBL Bank on 19th March closes to its breakout level. see the demand & supply it shows bearish signal. if it closes below 219 level at day end then a bearish view of the RBL bank we can see.
Beginner's analysis.HCLTECH had made bearish butterfly pattern.
Expecting 900 level in coming sessions.
Market is being bearish after long uptrend move.
Do your own analysis.
#Nifty Trade Setup for Thursday (18th March)As you see, there is down Trend is made in Nifty chart.
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There is a support on 14630 if it's Nifty can goes down.
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Nifty is weak today, tomorrow it also can be,
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Tomorrow is weekly expiry.
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Buy PE on Upside once it's break 14630, You can make a good profit.
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You can give your suggestions in comment box.
BANKNIFTY DOWN TREND ANALYSISSince Friday, the market has been trending downwards. Today, we seemed to have taken a pause and made an inside candle on the daily chart .
Some key points from today's trade were, Bank Nifty closed below the key support of 35,000.
There was large PUT open interest @ 35,000 which seemed to reduce drastically towards the end of the day.
The market retraced upwards but was unable to re-test the 50% retracement level @ 35,550, keeping the downtrend intact.
Considering that the market breaks the swing low @ 34,450 and moves lower, there is a very high probability that we could move considerably lower towards 32,800. This is presenting an excellent risk reward situation to take trades on the short side.
If the market opens with a gap up, the down move may not come tomorrow as there will strong support @ 35,000 which maybe difficult to break. Hence, the best case situation for short trades will be that the market either opens flat and continues moving lower, or it gaps down below 34,400 and moves lower without a near by support in sight.
These are my personal views and I reserve the right to be wrong. Like and follow, if you found this helpful. :)
HIGH AND LOW STRATEGYIN THIS VIDEO I HAVE SHOWN SOME IMPORTAND POINTS REGARDING HIGH AND LOW STRATEGY
-High / Low strategy: Key Points
-Understand the Direction of Market / Stock
-with previous Day candles High & Low
-Stock Selection: 2 to 7% work well with 52wk High/Low
-Mark Support and Resistance in a Day time
-Then check in 15 mins time frame frame
-Keep SL as days low just before the Breakout/Breakdown
-TGT can be Previous High or 52wk High and above (Use Support and Resistance)
Do's & Don't
-Preparation: After Day ends or Before Market Start in the morning
-Risk Reward Ratio: can be 1:1, 1:2 and if you are lucky then 1:3
-This Strategy works only after 10 AM and before 3:00PM
-Stick to the system for SL / TSL
-Breakout / Breakdown : Entry in the trade after Breakout / Breakdown next candle.
THIS ARE SOME SIMPLE AND IMPORTANT RULES OF USING THIS STRATEGY
WORK ON FOLLOWING PONTS WHICH I HAVE MENTIONED IN ABOVE AND TELL ME YOUR RESUTS IN THE COMMENTS BELOW ALSO DONTS FORGOT TO LIKE AND SUBSCRIBE THIS YOUTUBE CHANNEL AND ALSO SHARE THIS VIDEO WITH YOUR FRIENDS
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THANKS FOR WATCHNG.......
Breakout of Downtrend channel in DIVISLAB In yesterday's trading session, DIVISLAB gives breakout of its downtrend channel. After this breakout expected it will go till 3750+ level in the upcoming trading session.
RELIANCE - H&S BreakdownRELIANCE formed head & shoulder pattern and broke the key level.
One can look fook for shorts after retest.
Note: For educational purposes only!
Downtrend Parallel channel in NIFTYNIFTY showing correction move in Downtrend parallel channel. This bearish correction will complete only after the breakout of this parallel channel. After the breakout of this channel expected a strong move in nifty.
Downtrend channel breakout in INDIGO for target of 1815+ Since last 1-month trading session INDIGO consolidating in downtrend parallel channel. In today's session, we have seen the breakout of this parallel channel. After breakout expected next, the immediate target will be 1780 and 1815+ in the upcoming trading session. Good stock to go long above 1670 with last swing low stop loss at 1640. This trade can give minimum 1:3+ risk reward.
Reliance is On Good Support @1840Reliance is On Good Support @1840 if Sustain on this Major Support then can Give good Move in Upside otherwise it will touch next Support 1600-1620 in coming days
Australian Dollar / Swiss Franc technical chartAUDCHF's next move appears to be bearish.
What do you think of my idea?
Have a great trading week.
BPCL trend reversalBPCL was in a very clear uptrend from 22nd December... after that yesterday it formed a green candle with small wicks, today it opened gap up but could not retain the price and closed deep into yesterday's body.
The encircled pattern is called Dark Cloud Cover.
As the name suggests, a downtrend is expected after the appearance of this pattern.
You can keep a target of the 200-day exponential moving average.
The stop loss will be the highest high among both the candles forming the pattern.
In this case, the highest high is the high of the first day (green) candle.
things you should know before buying nbventures for long termstock is in major downtrend.
major resistance at 68 and 75
Nifty Short Side if broke trend line I hope nifty crossing 13600 be a false break out Hope nifty open below 13600
hope it breaks the trend line and has the good shorting opportunity
I'll short 13600 CE with stop loss with 10 points as stop-loss ill update the level I enter for 1st half only ill hold is trend line break as tomorrow the option otm will get zero
in the second half maybe there will be an opportunity to buy pe of 13400 with trailing stop loss with every 1 point increase ill trail 1 point
JUSTDIAL on a verge!!It has been following a downtrend with a trendline, and now it is in a very crucial position as it is currently in a no trading zone. It has taken support from that zone. The top and bottom if the no trade zone box is the execution point. If it gives a breakout from there, take a trade.
