BANKNIFTY Intraday Trade Setup For 16 Oct 2023 Bullish-Above 44600 Invalid-Below 44490 T- 44860 45120 Bearish-Below 44200 Invalid-Above 44310 T- 43957 43725 BANKNIFTY has closed almost on a flat note last week with 0.16% cut and 0.7% cut on Friday. It has formed an inverted hammer in daily charts so if its low-44200 is safe and we sustain 44600 then we are...
NIFTY Intraday Trade Setup For 16 Oct 2023 Bullish-Above 19810 Invalid-Below 19760 T- 19910 20030 Bearish-Below 19725 Invalid-Above 19775 T- 19635 19530 NIFTY has closed on a slight bullish note with 0.5% gain last week. 19850 is the hourly resistance, breakout will initiate another long leg of rally while we picked it from 19500 last week with 0.5%...
EXXARO has given a breakout in 1Day time frame and faced immediate resistance at 150 levels and restest the trend line, closing above 150 levels will be a boom
The Dollar Index has rallied straight up for weeks. - I will only aggressively start buying Stocks, Crypto, Commodities, and Forex Pairs once I see a reaction from the mentioned bearish orderblocks. - Dollar Index strengthening and it's important to understand the correlation between DXY and the Equity market before you invest a single penny as a Long-term...
ICICI Prudential Life Insurance Company Ltd. seems to be bullish with for a Target of 671 to 724 and Support at 540-558 1. RSI on Daily Weekly and Monthly time above 60 2. Price Above 20 SMA on daily / Weekly/ Monthly Charts 3. ABCD Pattern under formation 4. Price walking on upper Bollinger Bands 5. Narrowing Bollinger Bands Disclaimer: I am not an expert...
Radico Khaitan Ltd. is an interesting chart with following factors 1. ABCD Pattern on weekly chart 2. Harmonic pattern on daily chart 3. Stock trading near upper Bollinger band on daily charts 4. Narrowing Bollinger bands 5. Major Support zone 1190-1160 6. Minor resistance 20 Week SMA at 1266 Disclaimer: I am not an expert I just share interesting charts here...
ABCD pattern under formation RSI bullish abv 60 on all time frames tgt D Underway bullish with buy on dips Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks....
1. ABCD PATTERN under formation 2. RSI on all time frames bullish above 60 3. May touch 2735 shortly and then will achieve D
Today I have discussed the BTC longtime chart BTC's past performance & chart history to decide the future targets projection . 1. I have used two types of technical indigator tools the first one is Fibonacci Redressment retracement tool and second are Harmonic XABCD pattern the two types of indicator are used in a BTC clear down side movement Mesurement in chart...
DAX 40 : bearish harmonic pattern +" Kijun "flat + EMA.50 +EMA.200 +Bollinger bands
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Rising Channel 📌 Symbol/Asset: PRSMJOHNSN 🔍 Description: Stock is in a range and going up in Rising channel. We might see bounce from support till the resistance. 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle....
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Symmetric Triangle 📌 Symbol/Asset: SUNPHARMA ( Updated ) 🔍 Description: Stock is in a consolidation and making pattern. Soon we can see momentum after breakout !! 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle....
Nifty Analysis Recap from yesterday: ”For tomorrow I wish to continue my bullish stance if 19776 support is respected. If that breaks in the morning session, I would like to change my stance to neutral. If 19671 level breaks in the forenoon session — I would definitely go short as we may fall below the double-top formation.” Yes, you guessed it right by reading...
down Jones near to breakout of head and shoulders wait 1 hrs candle close
Currently, the EURUSD exchange rate has regained momentum and risen to its highest level in two weeks, trading at 1.0625 at the time of writing. Since its last decline at 1.0447, the EU seems to have found support at this significant level. Currently, the price is approaching the resistance level at 1.0640. By maintaining its current upward momentum, there is a...
Currently, USD/JPY has ended its two-day uptrend and is trading lower around the 149.00 level in the Asian trading session on Thursday. The USD/JPY exchange rate is facing challenges due to the possibility of the Federal Reserve (Fed) ending its interest rate hike cycle. Accordingly, the Federal Reserve of the United States (Fed) will abandon the idea of raising...
Hello dear traders! It's great to see you all again for this week's Gold chat. As predicted over the weekend, Gold has indeed opened strong today, maintaining its upward momentum. The sellers were unable to break through the $1800 support level, resulting in a robust price surge to reach $1850. The market will be eagerly awaiting the release of the US Producer...
Hello dear friends! Samson is pleased to be here to chat and analyze today's market. Currently, Gold is maintaining its recovery level since it last dropped to $1810. On the 4-hour chart, we can observe that Gold is in an upward trend but consolidating around $1822. Gold has successfully reached the earlier forecast by Samson. Currently, Gold is trading around...