BankNifty's structure is a little different. The 5 waves are finished, and it's progressing into a correction. Corrections have many variations. I explained two variations: 1- If the initial market declines, we can expect a 38% correction. After that, if it finds support, we can expect a range market to rally continuation. In this scenario, the correction will...
Hello everyone, let's explore today's gold prices together! Yesterday, the gold market seemed relatively calm with minimal fluctuations, and the downward trend continued. Currently, the precious metal is hovering around $2321 and appears to be forming a head and shoulders pattern. If this pattern completes, we could see the price testing the psychological level...
BANKNIFTY Intraday Trade Setup For 28 Jun 2024 Bullish-Above 53200 Invalid-Below 53090 T- 53700 Bearish-Below 52600 Invalid-Above 52490 T- 52087 BANKNIFTY has closed on neutral note, formed a spinning candle in daily TF which is halt/reversal sign. In case its low 52600 is broken then it will act as a reversal sign of the uptrend. We can expect a good downside...
NIFTY Intraday Trade Setup For 28 Jun 2024 Bullish-Above 24100 Invalid-Below 24050 T- 24295 Bearish-Below 23900 Invalid-Above 23950 T- 23715 NIFTY has closed on a bold bullish note @ 24044 which is level to celebrate for bulls. Since it has closed above 24k chances of a gap up is very high, in that case 24200 can be resistance. Best intraday trade can be done...
CRYPTOCAP:ETH Will be looking for longs into this FVG. maybe. > USA fuds > Mtgox fuds > Germany fuds We have so many fuds right now, why everyone didn’t open short for free money? Everything will be nuke really?
Dear traders! The EURUSD pair is currently moving sideways and forming a triple top pattern. The support at 1.067 is holding but could soon be broken due to persistent selling pressure. The RSI is stable and the 34 and 89 EMAs are tilted towards the bears. Trend following strategies are emphasized and I am favoring short EURUSD. Do you agree with this view?...
EUR/USD hovered at familiar levels on Wednesday, continuing to languish in a prolonged downtrend that has persisted for several weeks as Euro traders await impactful data releases. Momentum is expected to remain subdued as the market anticipates fresh data that could potentially invigorate market dynamics starting Thursday. Therefore, we anticipate the currency...
Today, GBPUSD is trading around the 1.263 level, with the main trend favoring the sellers. The technical outlook points towards further downside targets as the pair remains within a descending wedge. I will trade with the trend and prioritize selling this pair. Pay attention to the upper and lower limits to find optimal buy and sell opportunities, and be mindful...
JK Paper Ltd (NSE: JKPAPER) has exhibited a significant bullish breakout on its long-term chart, suggesting potential for further upside. Here's a detailed analysis of the stock's technical indicators: Breakout Confirmation: The stock has successfully broken above a key resistance level around 450 INR, accompanied by increased trading volume. This breakout...
"Suven Pharma Breaks Out Like a Fever Dream! 💊📈 #PharmaStocksGoBoom" I. Current Price Action: Price: ₹787.35 Change: +58.10 (+7.97%) Volume: 3.673M (Higher than the number of pills in your grandma's medicine cabinet!) II. Key Observations: Breakout Bonanza: SUVENPHAR has busted through its long-term resistance faster than a hypochondriac racing to WebMD. Side...
Analysis of today's USD/JPY. Most probable chances of USDJPY goes bearish today, as even news report is negative for USD today. #Forex #USD #USDJPY
ADANIENT consolidating since last 1-2 weeks Now anything above 3350 will blast target 4300 can be seen in July itself
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (21-06-2024) Current price- 2365 "if Price stay below 2386, then next target is 2346 and 2332 and above that 2394. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...