Hey.. What do we get if we analyse one chart with two different theories ? Is it a good idea ? We use different techniques and methods to analyse a chart. Some traders use chart patterns, some use moving averages and others use any other technique. We all did the analysis to determine the trend of that instrument. What if we use two different theories for the...
BUY SIDE As recently Bank Nifty made a new high just above its previous high so now it is in the wedge pattern which is looking for the support and near by good support is of 40500. Thus we can go for long in Bank Nifty upto next high level or for a double top pattern..... SELL SIDE As BANK NIFTY rejects from its previous high and continously going toward its...
Nifty50 formed a ascending triangle pattern. Now we can about the trend after breakout or breakdown.
The price formed a raising veg pattern and gave a fake breakout. Here are some important levels. I am Bearish in Nifty 50, but nowadays the market does not behave as usual, so we cannot say anything in the closed market.
Bank Nifty is making ascending triangle pattern! Buy Above: 39745 Target: 40000 Sell Below: 39300 Target: 38800 Plan to sell options in the range between 39300 & 39700 because market may go sideways in that range!
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dollar index next stop could be 112 macd cross is looking good for uptrend still resistance didn't break it could be next 2% upside
Jan 2000 Hong Seng index topped around 18400 and Tested the same level of 18400 1st qtr of 2022. If you are a long term index investor and invested in Jan 2000 you would have made zero return in the last 22 years. Stop blindly following finwits in index investing. Learn and be alert
#SBI at its crucial resistance 530. Sbi tries to break this resistance for more than 2 years. Its seems weakning this time. With strong buy pressure.
In July, Nifty has shown strong reversal, this month it needs to close above 17800,then Nifty can move towards new high by Diwali. This month target 17700
A good double top pattern after a bullish run. The price has not retraced yet. So, high probability of a bearish move if the neck of double top formation is broken. My entry, - Only when 15 minute candle closes below the neck line. For more trade ideas like this, follow me on trading view.
INDIAMART BEST STOCK INTRADAY Sell Below:- 4048 Target -: 4000, 3986, 3940++
CGPOWER Best Stock Intraday ( 25/7/2022) BUY - Above 233 Target 237, 240, 248+
according to price action we can see a clear cut of berrish last till nextweal and reallygood berrish , and abundance of financial freedom coming to sus :)
What are the odds? I think there is a good chance we get a fake-out (false breakout) on higher timeframe here, maybe to even 37000 and then slow bleed and consolidation to 30k till end on year. I am personally not buying anything here. Maybe scalp longs here and there but will wait for 30k to load up anything from swing-trade or long term point of view. Stay tuned.
Nifty is looking for a movement to the downside. Levels are mentioned after forming correction & has the possible move to the downside.
Index corrected 20% from top. Strong support on lower level's. Clear sign's of bottom formation and breakout is evident. Falling Channel breakout and consolidation near breakout zone is giving strong confirmation. MACD and Rsi too supportive. Rally ahead. Pullback's is excellent entry point's here on.
I daily make educational content videos for financial markets