1.439 level (.382 fib) has held as support so far. As such set up has not been invalidated yet.
In the so-called smooth market, functioning the S&P500 has had 14 gaps in the last 16 trading days. A correction seems quite near. The rise of crypto is also an expression of the societal collapse of trust in the monetary control of central banks and their credibility with the public. Overstretched MACD , how long can this hold? The broader market is barely moving...
VIX has been forming quite a lot of gaps lately. This chart suggests remaining risk lower into filling the open gaps still, but the pattern is tightening and looks to come to a resolution at any moment between now and in the next week. This smaller pattern suggests room for a VIX breakout into the low to high. The longer-term structures continue building for a...
Nifty PSU Banks Index has shown a clear sign of bullishness. The inverted Head & Shoulders Pattern is broken. Around 30 - 35% move is expected. Be ready to ride the wave. Happy trading :)
NSE:BANKNIFTY bank nifty is in parallel channel, wait till the market comes @ sopport area(lower parallel line) the you can go long, with good R2R ratio, stoploss would be plased below the support line. But don't SHORT the market @ Resistance line(upper parallel line) because market is in uptrend, so try to cath the Dips
Nifty Future is looking strong, it will touch 16000 mark very soon. As per yesterday's option writing 14800PE has 34,696 Lots addition and 14800CE negative 12,261 Lots which indicate it will act as strong Support for the market near future or this month. 14900PE has 20,384 Lots addition and 14900CE -8089 Lots so no addition in Call side indicate it will also a...
BN is showing a clear H&S pattern. Look for price action near the daily trendline/neckline.
Due to expiry nifty is going to retest the support of 14800. All contracts are going to settle. Disclaimer -This is for educational purposes. Trade at your own risk. Comment your view thanks
Due to corona, this is a bad phase for the market but Nifty shows potential to go up. It close over where it opened today. It means that it wants to go long. Bulls are looking in power. Nifty had tested the support at 14267 three times but did not break it even once. It is making here strong support. Nifty may give gap down opening but potentially it will up. This...
NIFTY in a triangle pattern in 1W timeframe. Coming week is crucial as we can either see a breakout or breakdown. Looking at the chart, the chances are more for a breakout therefore I'm bullish on nifty for the coming 1-2 weeks and will be looking to search for positional trades.
DMART is looking for great buying opportunity & to make some decent amount of profit.
In this video i have tried to explain why the media index looks interesting at current levels. this video has multiple studies like harmonics, chart patterns and moving averages which i expect will appeal interesting to others.
In this video I have tried to show some interesting aspects about Nifty, Banknifty and Nifty Metal Index. Also, i have discussed few of the interesting stock setups which an individual can use for studying.
EURSD is looking for short opportunity, after breakeven my previous running position with some +0.10% profit, Now is time to take the move to the downside.
Market continue correction phase Its not the right time to Investment Kindly wait 10 to 15 days, a market can go downside 14100 - 14000 miner up its seems positive one day or two days...