Bajaj elect is on the verge of trend line break out, simultaneously horizontal resistance also lies there as donated is dotted line. Hence, good move may come above 1020 as double bottom is also done.
Bnaknifty seems to be in narrow range at 32800-33500 for the time being
Very dangerous structure under construction in #cpse index . When price consolidate near a strong resistance level and break the lower boundary then high probability price continue its trend .
Index is at 104.50 for now and this will reverse into downside and with that EURUSD , GBPUSD , AUDUSD, all pairs who have USD as quote buy them .
Nifty on weekly time frame still not touch the 38.2% FIB level. Possibility it will touch then pull back but this pull back will not be good as per technical Price action analysis until it hit 50% fib level.
Trading in index is become so frustrating due to the war and USA inflation. so it is better to stay away from the market and wait till everything calms down. even though FII knows what the fed is going to do but still they are waiting for the interest hike data because they are preparing whether to crash the market immediately or gradually. so it is better to not...
Very Important Trend line on daily TF keep and an eye, if it holds above the Trend line it may bounce from here.
Below 16100, NIFTY will get support at each 100 points gap, So, as per chart now 16700 in spot will be very critical support level which will decide overall trend setup for coming days.
We have to track 16440-16440 on downside and 16600 on upside for further fresh BO or BD today.
As per the chart on hourly basis NIFTY is showing little bit bearishness. Though 16400 in spot will be next strong support zone where it took resistance for multiple times previously. Below this support area, it may fall towards 16200-16150 which is though not very strong support area before the major demand area as shown in the chart. On upside 16800 will strong...
bank nifty chart Watch my levels... don't for any buy and sell recommendation only for educational purpose. god bless..
Only watch levels To learn Market Please comment my analysis understand or not Good bless 😊
As a pervious video shared showed there might be a down side because of the rising wedge pattern (only if there is not a gap up day) and unfortunately there was a huge gap up day of almost 150 points and we didn't took a trade on that as said before the conditions . today's video is all about the next move
nifty short side view 90 point down fall possible please follow target and sl
Nifty is trading in a downward sloping channel If breakout, it will be good upmove; unless some global news again effect the market.
Please follow sl Downside move possible from my level God bless 😊
Bank nifty log side view Only entre from my level 200 ,250 point up side move possible But sl is most important only 80 point sl Trade carefully 😊 God bless 😊
Down side move But don't trade only observe I am also do paper trading scary market Watch market Gog bless....😊