bankniftyfuture yesterday bull bear had strong fight near 43300 as the POC (power of control) & golden fib ratio both coincide at same level and at the close bulls overpowered and slightly succeeded to close just above poc & golden fib ratio.. bullish flag pattern formation going on... ankniftyfuture strong support of poc (power of control) and golden fib...
ASIANTILES , Please find below the following observations on the stock : Pros 1. Clear Upflag Pattern formed 2. Green Breakout candles with great volumes 3. Bullish Piercing Candlestick Pattern 4. Momentary buy 5. Risk reward Ratio of 1:5 Cons 1. Stock is currently trading below the Anniversary Date 2. 5 DEMA crossover with 13 DEMA is almost 10-12 candles...
Buy above 43500 Target 43597,43689 Sell below 43477 Target 43419, 43307 if banknifty breaks 43500 level there could be sharp sell off possible and today can be range bound as yesterday was fast move.
in this chart EURUSD breaks previous major low and also took rejection from supply zone i think that it will fall to another demand zone and targets are based on closing partials on every support
This chart depicting GANN time analysis of Nifty. I have take from DOB of Nifty and all time high price of nifty
Long GMRINFRA, I have taken ATH as nimber of bar to get the all the incming swings of GMR and checking that next resistance date would be 12 may so before 12 may traingle breakout can give very good move expecting depth of traingle as target.
as per gann sq root og high and low will give future swing point hence i m looking for bpcl 364
I it's right to take entry for short profit at breakout upper ...and it has gd structure..
Om Namah Shivay, 42610 should hold for some time say 1-2 days for the upside movement, otherwise it is a correction. if it does not break 42614, then 43078 is visible :) As per Gann numbers, it should make top either on tomorrow 25th or 5th may, or 19th may.
If upmove continue tomorrow than Buy at CMP (above 2885) Tgt 2900 , 2925 Sl 2850 Tsl 2865
Buy near 635-640 Tgt 665 ,685 Sl 620 Above 700 More upside possible for 725 ,740
For short term, Nifty may touch 17400 before reaching to 18000. Final destination 15000
I found the head and shoulder pattern in gold (xauusd) in 4hr time frame so we can expect 400-500 pipes fall in coming days, Let's wait and watch what will happen FOR MORE SIGNAL FOLLOW MY ID
Nifty Resistance - 17666 , 17720 Support - 17450-17442 , 17350 Nifty is forming Lower low on daily TF Sell on rise is expected to continue in Nifty 50 . Index is continue to be sell on rise and downside major support is of level of 17450-17442 & 17350 .
Buy NiftyIT or avarage it you can get 10% in short term and 30% in mid term
Banknifty may reverse at the vertical line if it would open at gap up. or it may reverse tomorrow at 9:15 a.m.
if bank nifty close below 40375 at 10 am then it may go down for an hour and i will buy at the money put for an hour
i am going to short bank nifty at 39800 because as per gann knowledge it will go down and the high should be made between 10:40 to 12:15 today then i will short near about 39800. i will buy 39800 put.