Indian economy is recovering rapidly after corona virus pandemic crash but rising crude oil prices and inflation is a issue of worry for Indian Equity Market.
Things agaisnt Indian Stock Market
Rising Crude Oil Prices
Crude Oil prices are at high of 3 years, after 2018 it is first that Brent crude crossed $ 85 mark on London Exchanges.
The shortage of Gas...
Hey everyone. not much has changed since yesterday besides the fact we took a bunch of nice trades. See image. The forecast is still the same and trades will be taken according. Expecting price to break the 4hr swing.
Due to the fact we are sitting at a HTF demand area we could spring up further before hand so like always im remaining neutral. Another thing i...
Observations- on the Chart.
I see an upside in BANKOFINDIA .
Hope to see it does what I made in the chart.
There can be more push to upside than shown in the chart.
Overall seems Long term Bullish as Banking sector PSUs privatize in India.
Predictions are merely for education purposes. No Trading Advice whatsoever in this profile.
nifty 50 is ranging between the channel on one day time frame....Right now it is on channel's resistance touching almost for the 4th time if breaks upside we can see immediate resistances on 14500 14100 & 14250 if these all resistances gets break nifty 50 will be super bullish.
Now, Talking about the downside view if it breaks the yellow trend line then it can...
Stop looking at the charts as a retail trader & look where the big money is located. Price doesn't stop because of support or resistance, Big banks don't care about your support & resistance, head & shoulders pattern, trend lines, cup & handle and all that bullshit.
Bullish case for the stock...
Do not ever Forget the content on all of our analysis are subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Nothing on this video constitutes a personal recommendation. Seek independent financial advice from licensed professionals If you...
Follow our Telegram Broadcast Channel @vttechnicals
Trade Setup :
-infratel is trading in a rising channel
-fake / minor breakout happened twice before
- wait for the breakout to happen.
Intraday : Buy
Best Buy After the Breakout .
Follow us in our telegram channel for daily watchlist and stock updates.