NSE:NIFTY TVC:DJI US market 1929 vs 2024 Is it just coincidence or is history going to repeat itself ?? Great Depression, was a worldwide economic downturn that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world, sparking fundamental changes in economic institutions,...
Overall Downtrend. Due to Global market scenario market maybe open at gap down. Our important support level 48000. resistance level 48800
Stock made a Higher High and came down for retracement, Now its in Consolidation, which is expected to be Accumulation. In the current market downfall, CRISIL made made a Bullish Pin Bar in Day TF. Buy will be Active above this PinBar, Best buy for Swing Trade.
Natural gas is posed to join the downward channel from highs. With a breakdowndown of H&S pattern, the NG can plunge to almost level of 220, which should act as strong support to take back the price to 500 levels. Buy above 375 if it breaks. Sell below 375 level for one and only target 220. Next only Buy level is 220.
See the long term chart of Wipro. Coming to retest its channel breakout of 340 levels. Buy here for 600 as T1 and may be new high. Another scenario may occour i.e. restest of channel at 200 levels, which should come in my opinion if level 335-340 breaks.
Nifty is expected to reach 17350 levels which would act as strong support in the coming days.
Wait for Nifty to Hit it's resistance. Once it touches the supply zone, huge selling will be triggered !!
Nifty intraday levels for the upcoming week,,,,,,,,, Kindly long or short only at support and resistances.,.,. dont be aggressive on longside.,.,
Nifty intraday levels., initiate buy and sell only from the zones marked with additional confirmation on candle sticks, rsi, etc.,
The US VIX (volatility index) is over heated at +32 which is unusual. As the US indices have been corrected up to 20-32% from the swing high, technically it is already a crash and enter of bear market especially the technology sector, the most hit one. Next level is recession. My observation is, the increasing VIX is alarming further potential sharp correction in...
Just when we thought the momentum died off, Snap Chat's result triggers another round of down move. The bears are back on the saddle riding the NASDAQ down down down! I wouldn't be surprised if it touched around 9k in a few weeks.
No doubt that market will be highly volatile ahead of Budget Summary 1) As of now you can see that Nifty is trading in one particular (white) channel in which it had given a breakout in past and made an ATH of 18604.45 Channel width is 1,566 points. 2) In the chart there are 3 EMA's 10 is red, 20 is green, 50 is blue. 3) There is also a Red channel which has...
Dow Jones Could be heading to a Good Crash !! The Entire World Markets could Tank in 2022 !!
So DJI has reached its corona maxima. This is it. I do not see markets going up for a long time. This correction will be for a long and annoying time. If the red line is breached significantly then consider this failed and ignore. But it’s going down today or next coming weeks! Best of luck to all of us. This is just a chart pattern discussion. Please trade...
Nifty at all time highs, expecting a sharp correction for rsi cool off from 85 levels to retest the consolidation zone of 16000-15600, and further down move if not sustaining 15600. Analyse well before decision and act on decisive down move only. ALL THE BEST
going to complete third wave of short term downtrend
Pure price action-based video on what to do in dr reedy now?
In this above analysis, I show both scenarios may be happening in the future. Take a position as your own calculation if anyone happen. Now wait for the good opportunity HAPPY TRADING