Banknifty is still a little different from Nifty. If the gap-up sustains and breaks the immediate resistance (50%), then we can expect further continuation. However, if it rejects around the immediate resistance (50%) or if the initial market takes sharp declines, then we can expect a range market. The correction will occur only if it breaks the previous swing low.
"Good morning, friends! Here are the directions for February 28th: there have been no changes in the market sentiment. The global market is moderately bullish, supported by the Dow Jones, while our local market sentiment indicates a moderately bullish trend. It might open with a neutral to slightly gap-up start, as suggested by Giftnifty, showing a +20...
Good morning, Members! Nifty is currently navigating within a defined channel, presenting opportunities for strategic moves. Keep a keen eye on the trend lines and let's make this a profitable day! #Nifty #StockMarket #TradingOpportunities #GoodMorningFinance
Dear beloved friends, yesterday's gold trading session was relatively calm with no significant fluctuations. At present, the price is still hovering around $2033 and maintaining support at $2025. In the short and medium term, the upward momentum of gold is still highly regarded. From today's chart, the two main targets for buyers are $2037 and $2041. Regarding...
Perfect time to invest in matic as btc touching ath and market is absolutely bullish m.. matic will surely give good returns in next few months
so my analysis is based on trend in trend as you can see the pair seems to be in a very interesting place to take shorts or if the price brakes that support i'll enter for a buy
BANKNIFTY Intraday Trade Setup For 28 Feb 2024 Bullish- Above 46740 Invalid-Below 46630 T- 47250 47830 Bearish-Below 46310 Invalid-Above 46420 T- 45800 45310 BANKNIFTY has closed on an absolute flat note today. The neck-point of the breakout in daily TF is 46300 which was defended today. The plotted trendline breakout will lead index to a higher high formation....
NIFTY Intraday Trade Setup For 28 Feb 2024 Bullish-Above 22230 Invalid-Below 22180 T- 22435 22650 Bearish-Below 22070 Invalid-Above 22120 T- 21860 21658 NIFTY has closed on a slight bullish note with 0.34% gain today. It just traded between yesterday's range, bounced from plotted golden FIB zone (0.5) till yesterday's high. So overall NIFTY has been trading...
feb 27 2/2024 swing trade perfect symmetrical triangle long term opportunity according to own risk this is not call just a analysis.
as i shared btc analysis before i go with my plan and made a entry in btc long side lets wait till target else stoploss
Timeframe: 1 hour Strategy: Bearish Macquarie analysts forecast a 5.6 million barrel rise in US crude inventories. Refinery runs and domestic supply are expected to increase. Gasoline and distillate draws are predicted, while jet stocks remain stable. Implied demand is estimated at around 13.9 million barrels per day.
Timefame: 1 Hour Bull Above 104.021 Bearish below 103.883 Moving below 100 EMA, Invalidation of view above the EMA, level 103.94. 🔸DXY steadies at 104, awaiting crucial US inflation data. 🔸Focus on personal consumption expenditures index and global inflation figures. 🔸Fed Governor advises delaying rate cuts, impacting DXY based on inflation outcomes. 🔸A...
check out previos post.... who take buy with me!! congrats dear's almost we got 80% of just set BE and chill followe me for more analysis #gold #banknifty #forex #nse
Gold xauusd very strong resistance level Sell 2037 Sl 2041 Tp 2025
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
Hello dear colleagues, what do you think the closing price of gold will be today? Last night, the price of gold decreased despite the sharp decline in the US dollar. Normally, a weaker US dollar would support an increase in the price of gold. However, in the last session, it defied market norms with a decline in the USD due to forecasts showing durable goods...
Coromandel Future broke above descending channel pattern on an hourly charts with decent OI, also on the verge of breaking past butterfly 🦋 pattern (1111). Buy at CMP add more above 1111 with mentioned stoploss & target. R:R = 1:4 Not to be missed
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...