Index
SRTRANSFIN
SRTRANSFIN:- BREAKOUT WAITING KEEP EYE ON 770/800₹
BREAKOUT WAITING ASCENDING TRIANGLE PATTERN SEEN 800₹ ABOVE BOOM TARGET SEEN 900₹++
Nifty Rising Wedge PatternA rising wedge pattern seen in the NIFTY chart clearly says that Nifty is trading at highest levels of the upper band and upside is limited till 10300. Firstly, Nifty will touch the lower band of the Rising wedge pattern & later can break also. Breaking lower side of Rising wedge can drag Nifty towards 10500 levels.
Nifty Strong Bullish? READY TO BREAK OUT !!!!As we can see in the chart Nifty's recovery from the bottom was range-bound and before every up move, it consolidates and will shoot up. As of today's End of the day chart marked inside a rectangular box, Nifty consolidated for the last 4 sessions and ended up at day high. Nifty has strong support at 10740-750 region below that very strong support at 10690.
INTRADAY TRADE IN BANKNIFTYINTRADAY TRADE IN BANKNIFTY (SPOT TRADE)
SHORT@19870
STOP@19960
TARGET@19700
QTY=400
!!please note trade with caution!!
!!manage your risk!!
!!trade-wise!!
!!please adjust for future rates!!
!!intra-day ideas series everday at between 9:30 to 10:30!!
PLEASE NOTE MY INTRA-DAY NIFTY/BANKNIFTY TRADE VIEW HAS NOTHING TO DO WITH MY POSITION TRADES
RATES ARE AS PER SPOT
PLEASE ADJUST FOR FUTURES
The S&P 500 Starts To Bounce? Support & Resistance MappedThe S&P 500 (SPX) is now starting to bounce.
The sellers are exhausted according to the indicators and we are seeing a strong jump taking place today.
We have more details on the chart above.
We believe that prices can bounce before producing one final strong drop, but it all depends on how these support and resistance levels are handled, we remain open to all scenarios.
If prices move up and stay above the "resistance zone", the bulls take control, but if they move lower, the "support zone" can be tested.
If prices for the SPX manages to go below the "support zone", then we can expect more red and lower targets as shown in my previous long-term weekly analysis.
If support holds, we can expect prices to move back up.
You can find my previous weekly analysis here: www.tradingview.com
Thanks a lot for reading...
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Namaste.
S&P 500 then and now, What next?After this huge slippage of prices today, the bullish invalidation is at $2874sh level and bullish knock back to the market will be in between the range of
3017-3050 zone.
What is expected next is break of bullish invalidation and lower side targets. A probable pull back or retest of bullish knock is possible before a fall again.
BHOOMI predicted this fall way before, on 20th Feb itself.
Read my earlier blog on different topics at niftyanalysis.in/blog
BSE #ALLCAP Index really needs super force to cross this hurdleDojis at the resistance are not a good signal so far.