Unless prices of US Oil go above and sustain above 73.475, it will remain in down trend. What Next 1. 70.95 is a strong support for the commodity. 2. If that is broken in the next working day, 70 is a very strong support. Here from the last swing started. Remember this is the level from where evening session shot up in the past. 3. 66.99 is the 23.6%...
Please read the notes on the chart for execution on Monday. I am duty bound to answer all your valid questions. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational purposes. Let you grow. May! I follow you.
It is on the verge of good breakout after making good accumulation, if sustains and closes above 280 then can give good pump upwards
Hello everyone. Lets welcome the new year and trade in a very systematic manner. I would suggest not to run here and there for different stocks. Pick only that many stocks which we can analyse, manage easily. What we are taught in the market is all misleading as you have been watching in the past sessions with me. Just hold your mind free from emotions and...
Time to watch will be 4 the week of Jan 2024. Price squaring level is 4795 recent high is 4793.30. Above 4795 price will be ahead of time. Critical time period is 2nd week to 4th week of Jan 2024. 😊
I have tried to simplify the analysis by plotting my own indicator (Rekhi144). 1. It is showing base at 1300 (Chart Pattern Tipple Bottom) with present resistance at 1344. 2. Here we will analyze the stock from the angle of Smart Money and Retailer as well. a. Smart Money's thinking - Buy immediately - at the beginning of the market, because they know in...
Bitcoin Futures are taking pause at the 50% of the short term range which is 42240. Momentum was seenon crossing the 50% of the long term range which was 36061. So Long Term Trend is UP above 36061. Short Term Trend momentum can be seen above 42240 with Targets at 46602. Further Long Term Targets at 50803 and 52531 where major profit booking may be seen.
Bullish wolf pattern Closing above 507 level, stock will touch 649-700 level. View invalidated if close below 428
Price action has corrected to the 75% of the range on weekly timeframe. Investment can be considered at current levels with targets as per percentages on chart with swing low as stop loss
Please read the notes on the chart time and again and there is a lot to learn for trading. we will gain a lot of knowledge to understand how to read the chart. Note : Your trading view time to be set at UTC +5:30 time setting. Still have a question? Please write to me in the comments. I am duty bound to answer all your valid questions. This is the only way we...
Bank Nifty Index moved yesterday above 87.5% percent of the hourly range and close above the range. Important trading level to go long or short is 48220 as seen in chart. Imp hourly candle could be 1 pm hourly candle.
Natural Gas Prices seem to be stuck up in the grey triangle today. Let it break out of it then only there could be any movement in either direction. 2.58 could be the next target. Time candles for today are 12-28-23 8:28 AM 12-28-23 12:54 PM 12-28-23 5:20 PM 12-28-23 9:46 PM 12-29-23 2:12 AM
Nifty 50 Index has important trading level to watch at 21590 for intraday traders to go long above and short below. Important hourly candle will be 2 pm candle.
The yearly candle as I explained to you is stuck up for oil and there can not be any big movement upwards. Today is Thursday and tomorrow is Friday and there is weekend and there comes a new candle for the year. For the next two days, either candles will be stuck here only or a strong movement on either side of the two green lines and a trend will be visible...
Both the levels marked on chart are important for rise or fall on the index. Use them as decision making levels for moves above or below them. If it remains between then playing the range can be a trade for very short term traders. Happy Trading !!!
Bitcoin found big resistance around the 43922 levels recently after the high at 44409. Its currently poised at the 50% level of the range at 42461 which can be used as decision making level for planning trades ahead.
Read the notes mentioned on the chart. Have patience to buy at the low and sell at the top in this situation as per Wycoff. Time candles for today are 12-27-23 5:52 AM 12-27-23 10:18 AM 12-27-23 2:44 PM Last candle being pivotal. Disclaimer: I am not a Registered Analyst with any National/International Regulatory Agency. Please consult your financial...
Bank Niftyindex after being resisted twice at the 87.5% level has fallen nearly to 50% levels at 47363.55 with lows around 47410 to 47225 levels on the hourly chart. Bank Nifty Index leading the correction compared to Nifty 50 after ATH formed. Both indices have retraced down and taken support at 25% levels respectively. The 75% level at 47791.75 has acted as...