NSE:NIFTY is currently into subwave 4 (orange color) of larger wave 5 (blue color) of larger wave 3 (gray color). The subwave 4 (orange color) is most probably complete and we should witness subwave 5 (orange color) from hereon. Level around 18843 (red color horizontal line) should mark the end of larger wave 5 (blue color) and also larger wave 3 (gray color).
After a small loss a big move gain 😄 Because price and moving average both are in premium zone of fib. 📉📉🤞
Bajfinance on weekly chart is showing initial signs of reversal and personally anticipating a higher bottom on weekly timeframe which is also at a good fibo support zone and can potentially provide a start of formation of Weekly double bottom or (W) pattern, also stock is nearing its 200 weekly ema which has acted as good investment / accumulation zone in past....
This is no doubt a fundamentally good company trading at its low while its peers are trading a their higher levels. So it can be strongly assumed that this stock may perform in the upcoming time. Reasons for which GUJARAT GAS seems to be bullish on charts at least for short term: 1. Trend line support is been taken since the beginning of the month at Golden...
RSI and MACD are strong. Declared 100% dividend. Volume says to buy
Please refer comment in chart Please make own analysis and trade safe
Breakout happened in Ethereum more fall might happen, I'm expecting 1080 as a target
Looks like nifty will face the following resistances
National Aluminum Triangle breakout seen. Upside potential till 1.618 fibonacci. All details in chart. DISCLAIMER: Educational Chart for awareness. Analysis is subject to market risks it can go wrong as well. Not recommended to take FnO positions based on this analysis. FnO Trading is Highly Risky business you can loose more that your trading capital. We are not...
Nifty on the weekly time frame has given a nice bullish candle and has closed above the resistance zone. It has consolidated for 2 week in the range and has given a break out. The market has formed a good bullish pattern on the daily time frame as it has taken a support from the 61.8 fib level. The market has been taking support from the 20 ema. On the hourly...
Monday Trading Plan for Nifty Future and Option Trading with Easy option Trading Strategy Support Zones for Nifty 1) 18445 - 18455 2) 18330 - 18337 3 18195 - 18205 Support Zones for Nifty 1) 18527- 18500 2) 18610 - 18600 3) 18727 - 18700 Nifty Open Interest Analysis PCR ratio as per Option Chain Analysis - 1.1 ( Bullish ) Max Pain As per...
Nifty is in strong resistance zone and might be a reversal from this zone as Nifty has achieved 78.2% retracement from the bottom i.e. 16828 and also 5th wave is about to complete in this zone. Short Nifty positionally also for the mid term (approx. upto July) target 16400-15800. for short term :- Short Nifty @ 18328-18486 SL 18588 (SL on 15 min. candle...
Looks like nifty will test the following targets this week: Target1 -> 18383 Target 2 -> 18444 Target 3 -> 18488 Support 18300
Reasons for bearish trade 1. Black trendline is sell side liquidity (meaning market will take out those lows on the trendline) 2. Strong 4hr Supply Zone = Sell momentum 3. Broke highest low = Change of Character 4. Wait for lower high to be formed for sell confirmations 5. IMPORTANT: IF 4HR SUPPLY IS BROKEN, SELL IS NO LONGER VALID
Please see the comments in chart. Please make your own analysis and trade safe.
Please see the text comment in the chart Please make your own analysis andv trade safe...
- NSE:BANKNIFTY currently into wave v of wave 5, which is forming an ending diagonal pattern - RSI Negative divergence already visible on daily chart - Strong resistance and possible end of current wave v of 5 (and also wave 5) at 44173/44397
- COINBASE:BTCUSDT is currently into wave 4. - Possible end of wave 4 and entry for long at 25300 - Stop Loss can be daily close below 25000 - Target of next wave 5 at 35200