#USDJPY for Price trading the 4hr resistance area and waiting for bearish candlestick formation in resistance area and the next candle close below the previous candle its will move to the next level support Why we like it Price trading the 4hr resistance moving to the next level support waiting for bearish candlestick formation 1st support: 135.314 Next Zone...
There is a good opportunity for usdjpy selling follow for more calls
Tata power chart on 1 hour time frame. SL : 241 Target as per XABCD Pattern : 250. Risk is only around 1 or 1.5 point if you buy it now at around 242.50 Reward is 8 to 9 points. Probably will hit the target in a weeks time.
• According to Price action - region from 17970 to 17931 is consolidation zone. • above 17970 we can see 17988 , 18012 . • below 17931 we can see 17910 , 17879 , 17843 . •••
• According to Price action - region from 40653 to 40546 is consolidation zone. • above 40653 we can see 40783 , 40866 . • below 40546 we can see 40413 , 40349 , 40272. •••
BW formation has done. closing above 2122 could lead it towards 2300 level anytime soon
atul is breackout in pennant pattern in up side you can buy now
From the start of the September series , i.e., from July onwards the index has run up over 2500 points. The index saw signs of weakness near 18000-18100 zone and for the last four weeks has been consolidating in a range of 870 points. There is significant buying interest near to 17500-17600 zone, but at higher levels the buying interest is yet to emerge. SGX...
Nifty outlook is different when you compare it with banknifty. The only laggard is the underperformance of Reliance. It would be very difficult to attain 18000 with Reliance hovering below 2600. So, despite of the general outlook of positional longs, keep tracking Reliance as the breakout, if happens, will propel nifty above 18000. Till then nifty would be...
Nifty short from 18300 Shark 🦈 and 5-O pattern Target 18250-18300 Will Ready for short from 18300 Target 17000
For almost 2 weeks I have been of the view that positionally market (few intraday views have been bearish) is long and what we observed on Friday is profit booking as banknifty had moved a lot. Positional view of banknifty is still long and buy on dip strategy is on till we reach 43500. This has been strengthened by US market movement on Friday. The point of...
BUY : 448 TO 500 TARGET 857 TO 1041 Reason For Selling This Script : In this script it has formed the side ways pattern for longer time frame. Now price came to support of the side ways. And it also forming the triangle pattern in monthly time frame. Now the price has formed the support in bottom of the box. So we can go for buy as above levels. Once the price...
**New setup- ** Supportive trendline with multiple touches and counter trendline for breakout confimation ** Lower high formation ( bullish trend) > pattern on supportive trendline will work ( probability-83%) ** here a triangular...
Here the chart gives the strong support area It is observed that the Buying pressure is increased There may be a chance of rebounding to $0.8 ~ $1. Note: Information here for study purpose
Dixon cmp 4540 tg 5600 ignr below 4500 just education purpose only
cmp 553 t 923/973/1051/1075 ignore below 881 just education purpose only buy or sell before consulting your financial advice
Hello everyone, Sharing Bitcoin chart on weekly time frame. A double bottom formation is seen and follow up buying confirms that this might be the last dip for the script. Another simple observation is bullish harami candle stick formation. And Bullish divergence on RSI. See I am sharing simple things like divergences and candlestick patterns with all of...
NSE:BANKNIFTY1! 📊 Each levels Act as support and resistance 📈📉. One can trade on 3min, 5min and 15 min as per their trade set up. For reference, one can check our old published ideas. If any candle taking support from any level then try to identify that is that reversal candle at support or what if that is reversal candle then go long above that reversal candle...