As we analysed yesterday that the opening is very important and any flat to positive openeing could show strong upmove and we did saw that today but that upmove couldn’t sustain any longer and fell in the second half but still closed above our given support! this shows the same scenario as yesterday and same setup can be implied but continuous hitting on support...
Rise in Bank nifty seems to have taken a form of Bow-Tie diametric pattern.We have seen completion of wave A,B,C,D,E.Currently it seems like we are in the middle of wave F.Wave F equality target of wave B is coming at 34608.Also it seems like wave F internally is forming a flat corrective pattern of which wave A and wave B is done and today after price retracing...
Bullsifh Wyckoff Events in progress, sign of strength near 367/371,
Only above this SOS price will go up..............
Need volume confirmation near breakout of 345 /350..........
Trade according to you risk..........
This has to happen because of the negative divergence over RSI on monthly time frame. Now, there could be two scenarios once it reaches its support, which you can clearly articulate from the chart itself. But according to various reports on commodities cycle, it's just getting started, so there are high chances it will bounce from its previous demand zone.
psu bank index is following 55 days cycle meaning every 55 day we get a pivot low.so far we havent seen a lower low on psu bank index as compare to bank nifty or nifty.current 55 day cycle is ending on 31st may meaning around may end we can expect psu bank index to form important pivot low.
adding moon phases to this cycle we can get to know the harmonic of the...
Excellent strucutre Multiyear Breakout and continuous rounding bottom formation on weekly chart.
Good consolidation Breakout.
Good QTR results.
Stock in blue sky zone.
Keep on radar.
- Gaurav
@Vivek- @vivek_mashrani @forextidings @Tredingview @tradingview_
Rajmet
Stock moving in inverse relation with market.
Vertical move Very bullish need to trade with cautious at this levels.
Keep on radar.
Fundamentals not attractive.
-Gaurav
@Tredingview
@tradingview_ @investing @forextidings @vivek_mashrani @Vivek-
Nifty is forming the 5th wave of the 3rd wave
so expecting a gap down tomorrow or a bear run tomorrow
trade at ur own risk
just for educational purpose only
Hello Traders!
SHYAMCENT is 130% up till now. This week it closes with a huge bullish candle. I guess you've booked 50% of your total position.
Target is 250%. Wait for the target or leave the rest of your position for long term.
All the best!
last 2-3 weeks we seen huge buying in AAVE coin, in upcoming months its going pump very hard.
entry and targets are given on the chart. Please Like and comment if there are any queries.
#bitcoin #altcoinseason #altcoin #altnews
Bank nifty is following 15 days time cycle since Nov.2020, meaning every 15-16 days bank nifty forms important pivot low post which we can see rally.
Yesterday we had 15 day cycle low day,post which we are seeing rally meaning cycle is still active and has capture past 3 lows perfeactly. Going ahead we can see this rally to continue and for short term 32155 can...
