Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked . we can visualize...
Todays candlestick had not confirmed the Abdon Baby pattern but it is not above yesterdays candlestick. If we see candlestick its making 1. bearish harrami pattern, (not completed) we will come to know after market is closed. 2 Another way to look at today's candlestick is to combine yesterdays and todays candlestick. Ie. take yesterdays low and todays high. if...
Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked . we can visualize...
On 1st December and 13th Dec 2022, Nifty chart had made Abdon baby pattern. This is a very much reliable pattern. It is formed when there is extreme movement due to news. Index/stocks open with huge gap and close with huge gap up opening. this pattern is always form after continuous uptrend or downtrend, After gap up opening there has to be gap down opening where...
I am highly bullish on NIFTY50 index as it has formed a bullish CUP AND HANDLE PATTERN and if it breaks above major resistances of 18500-18700 resistance zones , by breakout i mean a monthly candle closing and then a retest , if this happens I'm expecting the index to touch 20k-21k levels in the near future
Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked . we can visualize...
Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked . we can visualize...
As said yesterday that morning star candle stick formed after sell off and suggested to keep SL of yesterday high, bank nifty opened at 43765 and gave up opening gain, dropped to 43588. Thirty minutes later Bank nifty broke yesterday high and shoot to 44050. So all there prediction went right. Now what next, Chart is self-explanatory. Yesterday shooting star...
Dow had almost done 0.618 Fsbonacci level, Today's low is 32655,where as Fabonacci level is 32500. As said 0.618 Fabonacci levels is a very strong level, Dow can reverse from here up to 0.368. Last five days Dow is making steep lower low and lower high. (Red line). Today is fifth day Dow is continuing with lower low lower high. No5 also denotes Fabonacci No. It is...
Bank Nifty short sellers need to be cautious as today's candle stick formation is shooting star at 20DEMA Today after giveig low of 43390, below 20DEMA bank nifty recovered forming shooting star pattern. Shooting star pattern is formed as buyers emerge at lower level and push stock /index up.Short trade should be closed above today's high.
Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked . we can visualize...
Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked . we can visualize...
Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked . we can visualize...
Completion of inverted triangle, unable to move above 44200, MacD below signal line and Break down of higher low ( Yellow line from 38800 to 44174 ) has made Bank nifty a Concrete short candidate. As per Fibonacci levels target is placed at 42800 and 42000. Sell with SL at 44200. Risk reward ration 500:1000
Continuing yesterday's analysis, first target of 0.500 is completed. Dow can take support at this level. It can trade sideways 0.382 to 0.500 Fibonacci levels. 0.618 level is on cards as it is a crucial level. Dow is short from 1st May after forming Evening star pattern.
Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked . we can visualize...
Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked . we can visualize...
Special markings in Red, blue and Green solid lines are very important areas and opening of the trade in the morning gives us a reasonable idea along with other factors as to how the day should proceed. If you have been following the levels from the previous charts by now you would have seen the importance of how correctly marked areas worked . we can visualize...