After consolidation DLF seems to run very bullish. After monthly pull back it is ready for monthly impulse
Expected Nifty Movement in coming weeks Buy Nifty @ 16945 Safe Buy above 18160 with Strict SL 16747 Target @ 19400
I have been monitoring and regularly profiting from these long term cycles in metals. Now that downward phase is going on will be waiting till Dec to see if can do some bottom fishing in metals. For those looking to short this is good candidate.
But with stop loss 16300 Target Life Time High or 4 times of risk. Disc : It's not an investment advise to buy or sell. Do your research.
MACD : DOWN Momentum : DOWN Confidence of Bulls Reducing SELL
it is turning bearish and we may likely see a period of no return in the counter for the upcoming year or so! a kind of top-out formation which suggest long to be avoided as an investment. it can test 15200-14900 in coming months/years
NSE:JUBLINDS Has Shown shome Bullish interest on the Daily and Weekly Timeframe . Currently is back into a discounted Bullish OB looking strong for some higher price levels of over 460 + levels , Simple Execution, Strict entry with the SL below the LTF structural low, and possible re-entry on confirmation.
It is forming a flag pattern along with the head and shoulder pattern formation. Patterns work better on higher time frames. Hence these consolidations and patterns indicate that a new trend can start. Doing cycle analysis. It moves in a 20 month cycle. But cycle analysis works best when done on a group of stocks and on multiple timeframes. Hence it is just an...
On a Monthly log chart, it is near a 9 year old trendline. Looking at the chart it seems the price closes near the trendline every 3 years. Starting from 2014, 2017, 2020 and now 2023. Every time it has given a run up of 100-150%. But this does not guarantee. Hence as price keeps giving breakouts positions can be built.
Unexpected rally in metal index. Might have fuel for 6 months. Swing /momentum players can do some positional in this but not for buy and forget...
As Nifty broke the Dec low of 17774 intraday the inter-market divergence between Nifty and the Nifty Midcap 100 index became more blatant. The divergence is a bullish divergence when one index makes a new low unconfirmed by the other. It remains to see how this will unfold.
my view on nifty As you can see a complete bearish engulfing candle is formed on monthly timeframe from here there is high chances we can see a 20%-30% correction. p.s. happy new year <3 NSE:NIFTY
1. Bitcoin is currently exhibiting a text example of Time Cycles in Play. 2. Staring from the All Time high Bitcoin is following a Cycle of 73-days which can rounded off to 75. 3. Cycles can be difficult to identify because they get lost in TREND. 4. Long Term Trend is bearish until price breaks the pivot high of previous cycle.
Gbpaud buy @1.76637 Stop loss 1.74744 Target 1.83028 Trade based on pure price action and trend reversel
According to my analysis, UNFI has shown a 15% correction in the current uptrend. I opened my short at 6.67 and have a target of 6.3 and stoploss of 6.8. I am not a pro trader this is just my idea of the trade. Happy trading.
ADABTC PAIR Looked like Wait & Watch scenario discussed in details inside Investment Journey on CITA platform.
Best Buy & Profit Area for Ethereum next major moves
This is more like looking at charts and trying to find out patterns whom can this help Investors - what should be there SL in Federal Bank - exit at 66 and re-enter at 41 Technical Analyst - one more analysis - always good to see perspectives :) isn't it Traders - Not exactly - but they may want to set an Alert for Monthly closing below 66 or above ...