Technical Indicators

ForecastCity_ME

Midterm forecast: 1939.45 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A peak is formed in daily chart at 1818.00 on 07/07/2020, so more losses to support(s) 2000.00, 1970.20 and minimum to Major Support (1939.45) is...

ForecastCity_ME

Midterm forecast: . While the price is below the resistance 43.60, beginning of downtrend is expected. . We make sure when the support at 30.85 breaks. . If the resistance at 43.60 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: . There is a divergence in RSI and price between the peak at 40.565 on 2020-06-08...

ForecastCity_ME

Trade Setup summary: Profit targets=14920 pip (750 + 1230 + 2690 + 3850 + 6400) Stop Loss =3000 pip Reward/Risk > 4.9: 1 Current Status: Total Profit: 3588 pip Closed trade(s): 1980 pip Profit Open trade(s): 1608 pip Profit Trade Setup: We opened 5 BUY trade(s) @ 1.74050 based on 'previous Forecast' at 2020.08.05 : ...

LovUAli

T1 - 105 T2- 110 T3 -115 as shown in the chart. SL - 93 Subscribe for learning purpose. t.me (Live Streaming of Stock Ideas publishing on trading view) t.me (To get Indian Stock Market News from Reputated Source )

Amit_Ghosh

Anyways, As we can see there is huge compression, so any attempt of breaking this range will be a huge short covering or long unwinding! So I am betting intraday huge breakout or breakdown when it happens.

Amit_Ghosh

Sell 620CE + Buy 640CE Weekly looks like massive "Sell" if white line breaks. Daily it is having a "Retest". Even if sell triggers, it will again come to a halt on the next support. And I do not see it will break this third support because it has strong supply here....

Piyush-Gupta

SUPPORT & RESISTANCE ANALYSIS:- NIFTY is trading at very important level and it trying to break resistance line running since "All Time High" (ATH) - highlighted in red colour. Also there is support line running since recent low of 7500 levels - highlighted in green...

Amit_Ghosh

Based on Results. 175PE 175CE. The BEP will be more than 10 points covering entire range.

Amit_Ghosh

As per charts. It has results. After continuous fall in a step by step manner, it can trigger massive short-covering if the high of the last week is broken! RBI Meeting assured of liquidity! So I don't see much short view here. So, as long as low of this week is valid, this is pure long play.

Amit_Ghosh

As per charts. Ujjivan has results. Actually all companies have bearish PCR yelling short everything but amidst them I am looking for the ones which are less screwed. Ujjivan seems strongest so far from upcoming results arena. So combining Trade Analysis of PA and OI, my current view is actually long.

Amit_Ghosh

As per charts. MGL just had results in Friday. The profit fell drastically that's why I think it can trigger short actually. Lets see.

Amit_Ghosh

As per charts

Amit_Ghosh

As per charts. Bata India has unlimited consolidation. It has not rose that much since that huge covid fall, instead it is just consolidating. Anyways, Who will buy shoes in pandemic. I do not think Bata's shoe sales will have significant rise post covid too. 90% sales down and no production

GomathiShankar

BNF VIEW FOR AUG 2ND WEEK

Tarun_Kumar98

Can go up after this correction is over.

Tarun_Kumar98

Possible breakout and reach till next resistance at 7000.

Tarun_Kumar98

Accumulation at lower levels.

daddycool123

IMPORTANT POINTS 1.11350-400 A STRONG RESISTANCE ZONE 2.11050-65 AND 10890 STRONG SUPPORT ZONE.