📈 Weekly Stock Picks: NSE:WIPRO - Week Starting 4th September, 2023 📈
💡 Rationale for Selection:
📊 Technical Analysis:
Parabolic SAR: Currently showing a sell signal, but the stock has rebounded. 📉➡️📈
Fibonacci Levels: Bounced back from near the 0.618 levels and surpassed the 0.5 levels. Indicates a trend reversal. 🔄
MACD: Expected bottom-up...
we can see banknifty again has entered the downward gann fan. But the rising speed and declining speed is totally different which I understand is it is just waiting to touch .236 after which it is likely to fly again. This analysis might work for years as we c are on all time highs two times now. And now we have an upward gann fan from the major bottom.
So, You...
I strongly STRONGLY believe GOLD is the safest hedge in this economy. Now a value bet as well: due to recession/inflation/real estate conditions etc.
JPM told you BTC was going to $100,000 when it was at $60,000, now they're telling you BTC is a Ponzi Scheme. HERES THE CATCH
Smart money wants you to *think* that they're buying BTC and saying the opposite...
DO PNB DESERVE A PLACE IN PORTFOLIO?
As everyone is mad with the behaviour of PNB, and with all the projections of it becoming zero, I feel it's my responsibility to add my bits. well PNB is not a stock for weak hearts to stick onto. It has underperformed our banking cycle. with all the boom and busts in the economy, PNB has resulted in losing its market cap. Can...
#Market_Geometry, #Gann_Angles
Chart shows Up/ Down price movement Gann Angles. See how Beautifully Price-Time square shows direction.
Levels are very clear.
#MarketGeometry, #GannAngles
Attached charts shows Up/ Dwn price movement targets and levels as per Gann Angles.
Closing below or Above and crossing the previous day price near levels confirm the further movement or very likely to change the trend as shown in past price action
According to Gann Fan studies 17600-17700 seems to be the highest of the swing.
It seems a better point to shot the market.
My expectations is, market might go below 14000.
Buying DEC 17500 PE might give a good benefit.
Buy above 2625 for 10,25,35++
Sell below 2610 for 10,25,35++
Based on gann fan...need to break levels with small time frame candle...also imp levels draw with gann lines
Can comment or ping me for any query or live updates
All views for Educational purpose, Trade at your own risk
