Hey Guys! AS you can see nifty is moving in a downward channel, and is currently at the resistance. From here we can expect the next fall. The past two days Nifty has been consolidating within a range and is unable to break the range on either side. It tried to break upside multiple times but faced strong resistance, and in the last 30 minutes the bears...
24-Nov-20 Monthly: After Pandemic it is improving & it is in the process of recovering the loss. Immediate Target looks to be at ~ 300 Weekly: Forming a Cup and Handle pattern, it is for reversal of the downtrend Daily: BreaKout Retest and now the continuation of Cup and Handle pattern
please follow the stoploss strictly because if it comes below the stoploss then we see a sharp fall
BankNifty (futures) has fallen in the past two days. With weekly expiry round the corner, an upmove, kind of relief rally expected. An upmove of 200-220 points can be expected as per Fibonacci levels I have drawn up. Please take a considered view and ensure that you protect your capital. If you are buying options, a safer bet could be 38800 CE. If you wish to...
Balrampur has made a breakout from recent highs. I think the stock can hit a initial target of Rs.393/395 and then Rs.415+. Stop Loss should be around Rs.360
Follow me on trading view : in.tradingview.com This is a series where we discuss stocks recommended by you guys: Just comment on the fav stock you want analysis on or DM me ;) 👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows...
Please share with family and friends. This is just a educational content and try to invest after consulting your financial advisor.
Fibonacci buying level and hammer candle also only for intraday stocks
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 2000 Followers 🔥🔥 👑 ITs a very good analysis video as I will try to trade this in realtime with you guys of course risk is diff for diff people but trading quality matters, not quantity :) Good luck keep it in your watch now ⌛ Motivational and psychological area ⌛ ✣Trade only...
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥 🔥 Strategy : ✣ Channel pattern breakout on 1M chart ✣ Good monthly consolidation and weekly too ✣ On a weekly basis good retracement of 30% multiple times tested near that level ✣ Good triangle pattern on 1hr and 1d both ( Trade on TF whichever suits your setup...
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥 🔥 Common sense used: If you want to know the details of the trade I have posted a picture too of the same analysis with all its parameters defined well in description of that post, do check out that post its linked at the bottom of this post :) just for perfect...
👑 Drop a follow here: @Averoy_Apoorv_Analysis 👑 ----------------------- 🔥🔥 Target: 1000 Followers 🔥🔥 🔥 Common sense used : 📌 Weekly time frame: Make 2 fib from 2 different from one will give you 30% retracement of price and one will give 50% - a sign of extreme bullishness 📌 The supply zone is broken and now converted into a demand zone on those bullish levels...
levels are shown in video
GLENMARK intraday strategy for 15th may 2021
1. Following the channel, the channel was broken twice but the price enters back to the channel. 2. 95 was resistance, but now working as a support 3. Fibonacci retracement 4. Bollinger band support at 95 with ADX, again confirm this level. 5. Down move not supported by volume. 4. 93 level can be sl only if it breaks with high volume.
As per fib it will move up next horizantal line today
Pullback and will continue downtrend towards 1600 Support Zone. Perfect time to Short XAUUSD.
All the reasons for the trade have been explained in the video. --HAPPY TRADING