Downtrend
MATIC COIN NEXT BIG MOVE COMING SOONTechnical analysis:
. MATRICUSDT is IN down trend, the beginning of an uptrend is expected from here.
. The price is trading BELOW 21- MA as well as 50 MA, NEED to breakout both MA's as well as downtrend to be bullish.
Take Profits:
TP1= @ 1.75
TP2= @ 2.33
TP3= @ 2.69
SL= 0.90
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#MATICCOIN #CRYPTO #BULLISHRUN #ALTCOIN #DOWNTREND
Downtrend Parallel channel in BANKNIFTYSince last few trading session, Banknifty trading in downtrend parallel channel. If in today's trading session its trading and sustain above 35150 level then expected next projected target 35800+ in upcoming trading session. Downside possible if banknifty trading below 34950 level so can go long with stop loss at 34950 level.
MACD bullish crossover in CUMMINSIND CUMMINSIND trading in downtrend channel since last 1 month trading session. Yesterday it reached near the resistance level of downtrend channel in same its also shows MACD bullish crossover. This indicates that more chances it will give breakout of this downtrend channel and give projected target upto 935+.
Canara bank trendline breakdownThis is an hourly time frame of CANARA BANK showing the clear breakdown of the trendline and today it also retested and started the continuation towards the downside. So it can be a good fall for upcoming days in Canara Bank. Please like the post if you agree with my idea.
Bandhan Bank Some more pain.Bandhan Bank is in no trade zone. It is at crucial support. Support needs to break for Short selling. On higher side, go long only when it shows reversal probably above 330. It will remain rangebound till first Quarter of FY 2021-22.
Fundamental weakness is that collection efficiaency in Assam state affected because of new law. They have wriiten off (removed) big chunk of Micro Finance loans given to small contact based businesses like Beauty parlour etc, which they feel is going to be NPAs. Provsions are negative for any bank and have long term impact on their business.
Banks like Kotak Bank, Axis and HDFC bank are much better for investing.
(Disclaimer: It is a personal opinion, do your own study before investing.)
Tata Consumer Technical Analysis .Hello friends after a long time , I am Again Back with a New Idea, So Today we are going to Talk about Tata Consumer Ltd . As you Know its a FMCG Company . So on 1 Day Chart it is making a "Channel Pattern" and also making a Bearish Engulfing Pattern which gives you a idea that it can go Down . If i Talk About Targets , So Targets will be :- 530 Rs . So Now Lets Talk About Support and Resistances . So from Its Pivot Points .So its Support Is 590 Rs and 460 Rs if Rare Case Happens and it goes Down so they can become a Support Resistance is 700 Rs . Volume has no Volatility in any Side , Rsi is in Bearish mode and Price is also going Down , Earning Reports are also 66.86% Down and Bearish Engulfing Candle Stick Pattern Gives you a more idea that it can go Down . So From my Opinion it can go "Down" but its on the lower side of the Channel and so for it can go "Up" also. PIease Like because we are having a shortages of Likes .
If you have any Doubt Related to This Idea , This Stock or any other Stock . You can comment me Below . And If You Have any Advice For Me Just write it Down . And also write your opinion on this stock . Stay Safe . Thats all For Today . Bye Bye For Now . 👍
NSE:TATACONSUM
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Nifty next moves After a weak session today, nifty is ready to head towards 14000, if nifty goes below 14412-15, next target would be 14340-14230-14100 as shown the fibonacci levels. Break of these levels are necessary for next target and pullback will be there for shorting opportunity.
But overall after 14412-15 break 14100-13900 doors will be open with both hands.
On the upside to move towards 15000 again nifty need to break 14725 level and sustain to go towards 15000-15300
#Banknifty Trade Setup For Monday (19th April)As you see in the chart there is the downtrend line and Banknifty still below the breakout.
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For tomorrow we follow simple Strategy.
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We will buy CE once Banknifty breaks 32682, before that we can follow sell on rise strategy.
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We will buy PE once Banknifty go down below 31690.
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So on tomorrow banknifty can go in upward because yesterday hdfc Bank declare the Quarter 4 Results.
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In gap up and gap down Opening, we will wait for the right time.
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You can give your suggestions in comment box.
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#BankNifty Trade Setup for Monday (12th April)Banknifty Trade Setup for Monday.
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If Banknifty goes below 32400, then we will PE, Trendline showing that Banknifty is in downtrend.
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If Banknifty goes 32950, then we will buy CE.
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Note: In Gap up or Gap down Opening, we will wait for the right time.
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BEL IN ELLIOTT WAVE ANALYSIS 31.03.21BUY 122 TO 125
TARGET 183 TO 190
Reason For Buying This Script :
In this script it is forming Elliott wave in monthly time frame , Now price was corrected and it turning to complete fifth wave.
So we can go for buy .
Note :
Above given levels are based on monthly & weekly time frame , Be patience it will some days to achieve the target .
ALL THE BEST ...






















