Stock has made an inverted head and shoulders pattern on daily charts.
Plus there is a golden crossover on daily charts. Bullish sign.
(Lets see if it holds the pattern and indications)
Above neckline of 126
Targets can be 132-139-146
SL - daily closing below 107
Alwasy trail your profits.
*This is just a view. trade on your own risl
Bank nifty is into channel pattern from last one week ,
upside if breaks 42300 and sustains then can go upto 42500 / 42700 if banknifty breaks the upside of channel can go upto 42890 as it is resistance
downside if breaks 42000 then can go upto 41800 and 41750 ..
this is for educational purpose no recommendation
gold can provide easy money in the coming week
KEY HIGHLIGHTS
gold is testing the upper-level multiple times and creating higher highs inside the range
wait for the breakout and retest of the area of value and take a trade in the direction of trend
Based on the fork, the trend continued to move down. But the bottom is near. It will reverse after breaking above the fork. The bottom can from between $10.000-$12.000 area.
NFP or Non Farm Payrolls is one of the most important economic reports that forex, commodity, and stock traders follow because it can act as an indicator for health of the US economy.
The NFP reports on the number of jobs added to the US economy in the previous month excluding those employed by farms, the federal government, non-profit organizations and private...
Namaskaara dosyonswaagata hain aap sabhibka mera is analysis jo ko aapko kal bhut ki help karaigaa aapko intraday trade lena main aap log is level ko zarur apna chart pain mark kar lena gapup and gapdown ko avoid karna
Hi,
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Here is the Indicator which is very user friendly and effective for intraday Trading. Please checkout the Signature tab and Join the link if you need this.
Details of the Indicator:
Method of Trading – Intraday, Positional or Swing – Indices, Stocks and Commodity...
Banknifty Levels for Tomorrow..
Trend : Bearish
Sentiment : Negative
Expectation : Bearishly Aligned but Rangebound / Volatile day
Expecting Banknifty to Open Small Gap Down / Sideways Open any support near 34600 level we can look for Long Opportunity. Being an expiry day wait for 1st half to identify the trend and then take your trade around 1:30 Pm
Buy above...
BankNifty Intraday Levels for Tomorrow..
Trend : Bullish
Sentiment : Positive
Expectation : Bearish Reversal
Expecting BankNifty to Open Flat / Small Gap down as Global indices are trading mixed - so it may open around BUY Reversal zone / Inside CPR, any breakout above CPR we can look for BUY opportunity for PDH and SELL Reversal levels.
If any weakness and...
Nifty Intraday Levels for Tomorrow..
Trend : Bearish
Sentiment : Positive
Expectation : Bearish Reversal
Expecting Nifty to Open Flat / Small Gap down as Global indices are trading mixed - so it may open around BUY Reversal zone, wait for a pull back to test Trend line then we can go long for Targets CPR, PDH / SELL Reversal levels. Incase any breakout above...
Nifty Intraday Levels...
Trend : Bullish
Sentiment : Negative
Expectation : Bearish Reversal
Expecting Nifty to Open Flat / Small Gap down below CPR , If any rejection around CPR /Sell Reversal zone we can go short and target is Virgin CPR below at 15700 ...
Any breakout above CPR , buying opportunity and sustains above R1/Bull Breakout levels we can expect...
As we can see #mothersonsumi system has formed an inverse cup and currently forming a channel where we can expect few levels for a short-term period.
Below is the level
Level 1:- Closing and Sustaining above 221.95
Level 2:- 230 (Once this target is achieved we can expect a shortfall followed by a small bull run)
Also, the indicators are showing a good buying...
PIIND has formed a flag pattern on DAILY as well as 1HR candles.
PIIND also witnessed SHORT-COVERING as of 20 Aug, 2021.
if a proper breakout happens can enter for a short term target of 3500.
