BANKNIFTYif banknifty doesn't hold 19330 then we can see some down side and also it has formed head and shoulder pattern and also it started to trade in very close range be careful.
only for educational purposes
Indianmarket
Next Wave down in NIFTY to new lows has begun # NIFTYWave C of Nifty that will take it to new lows has started. Expect gap down days in the next few trading sessions
Trade Setup For Bharti AirtelBharti airtel formed a flag pattern and its trading in a range for the past few days, expecting a breakout in the pattern, in next few days.
INDIA VIXINDIA VIX - An follow-on update
In the last two trading days after trading down towards 9100 levels and today morning, Nifty 50 rebounded to trade above but closed below 9350 levels , a failure of NIFTY 50 climbing back to middle of narrower range (9200-9600 levels), from a broader trading range (with lower boundary around 9100 levels and upper boundary around 9800) .
INDIA VIX which had jumped earlier, has started declining in line with S&P VIX and we need to watch out for a downward break, if this trend continues. In the short term, INDIA VIX may be lagging or leading indicator for NIFTY 50.
Disclaimer: This is not a trading recommendation. I am not a SEBI registered Advisor. Investments are subject to market risks and you may consult your personal investment advisor prior to making investments.
Hindustan Unilever Weekly Chart, rebounds from EMA 55 Hindustan Unilever Weekly Chart with EMA 55, yesterday's rebounds from EMA 55, need to see the action next week, to know if the rebound sustains.
Disclaimer: This is not a trading recommendation. I am not a SEBI registered Advisor. Investments are subject to market risks and you may consult your personal investment advisor prior to making investments.
INDIA VIXIn the last two trading days after trading down towards 9100 levels, today morning, Nifty 50 has rebounded to trade above 9300 levels. We need to see today's close and review, if the NIFTY 50 moves back into a trading range, with lower boundary around 9100 levels.
INDIA VIX which had jumped earlier, has started declining in line with S&P VIX and we need to watch out for a downward break, if this trend continues. In the short term, INDIA VIX may be lagging or leading indicator for NIFTY 50.
Disclaimer: This is not a trading recommendation. I am not a SEBI registered Advisor. Investments are subject to market risks and you may consult your personal investment advisor prior to making investments.
XAUUSDXAUUSD IS LOOKING LIKE STRONG BULLISH AND IT BREAKED RESISTANCE LEVEL.. ITS MY EXPECTED CHART.
ADANI POWER NICE LONG SETUPThere is very good buying setup in Adani power. Whole corrective structure is part of weekly chart. you can expect pretty good r:r in this. there is already buying entry at lower time frame.
Good luck & stay safe//
NSE:ADANIPOWER
Nifty Recession Chart Bear Market Layout - Elliot WaveNifty Recession Chart Bear Market Layout - Elliot Wave
Due to the ongoing pandemic, there is a massive movement in the economy leading to high chances of Recession.
Similar to the 2008 market carsh. In 2008 market had a decline of 63% from ATH resulting in a huge housing market crash. It is evident that it takes almost 2 years for the recession period to recover.
As per the chart info, Good time to enter the market is around 5000 - 6000 level.
Also i suggest to enter short or exit market around 9000-10000 level, only if you want trade bear market and don"t forget risk reward ratio.
SENSEX Recession Chart Bear Market Layout - Elliot WaveSENSEX Recession Chart Bear Market Layout - Elliot Wave
Corona Virus has affected us and Economy a lot which I think will surely lead to a Recession,
As in 2008 recession, Market had 63 % decline from ATH which lead to housing market crash.
I think the same will happen again for next 2 years. Good buying level to enter the market for long term is around 21000 level as shown in chart.
also 33000 level is also good to enter short or exit market.
Ambuja Cement Long Ambuja cement bouncing off from its monthly support.
Going for LONG for the purpose of investing.
I could be wrong, But something is fishyI could be wrong, but something tells me that this Uptick is not the Reversal that we are looking for.
Going Short with lesser lots. Will Sell on peaks.
NIFTY in correction touch down at 6800 Level
You can Short nifty with stoploss at 9097
with Target 8104-7503-6840
Bandhan Bank V Shape reversal possibleBandhan bank is showing potential of a V shape reversal pattern on Daily and 4Hourly chart. Can expect a retracement upto 200-210 level and the continuation from there towards upward direction.
Put of bajajfinsv 9400 was touched 615 from 125I hope you enjoyed this trade.
I bought 9400 put of Bajajfinsv @128 and exit 589
