Created a lower high but fail to create new lower low and a bullish pressure coming in which break the trendline and sustaining above it.
Target 1: 1431.90-1437
Target 2: 1520-1524.50
Target 3: 1596.95-1585
Target 4: 1710.30-1694
Nifty started exhausting near 11600 zone.
Weekly and monthly chart showing signs of Bearishness.
Last time the index failed to breach 11600. For Risky Players can create a short Positon near 11475-11500
with Sl 11620.
Target can be 112020/11000/10880/10550 on a Positional basis.
The analysis will be null and void if Index close above on 11620 on Weekly basis
Spx has been bullish for most of the 6-30 week. today it pushed past its market structure held at roughly 3150. While most would be expecting a retest and the start of an even more bullish momentum, looking at the 4hr and daily chart can provide insight to the fact that we are just in the top of a very large retracement. in the past month price has not risen above...
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Well it has been quite a good run that we have seen with Ethereum and we hope that this continues further as well.
ETHBTC is at a very important juncture and is at a very strong weekly resistance level as can be seen in the chart. This strong resistance however looks like will be broken soon since ETHBTC broke the...
Today We saw a mixed day, by EOD we saw the rejection from upside and it is reflected on the daily chart.
Our levels worked very well today too.
Today it has formed a shooting star kind of candle but not perfect, basically we consider this candle as sign of reversal when market traded near to the resistance zone.
But nowadays sentiment is positive...
Today I was expecting a bullish move and it was but in last hour we saw selling pressure from 11946 level and my resistance level was 11926.
Now on the daily chart it has formed long upper shadow with little body.
By looking at the daily candle of today, I am bit bearish because there is a resistance on weekly chart and 11926 is the weekly...
Today we saw consolidation at the upper level. And formed a bearish candle with rejection from lower level on daily chart.
Above - 11880 go long for 11967 - I am expecting this to work
Below- 11814 go short for 11755
Today we saw a very good move and long position build up. Today’s resistance point was 11800 and it worked very well today’s high is 11809.
I am bullish and looking for more 170 points of move in tomorrow session and and it will touch 11970, “The market which was already trading with a positive bias picked up momentum after media reports suggested...
On previous trading session nifty gave a good intraday move. And it made high of near around 11695.
Since previous two week we saw a bullish movement.
Today exit poll announced in Maharashtra and it going into the favour of BJP and market may be looking it as a good sign and expecting a stable government.
Literally I was not expecting this much move, but I was bullish above 11480 and this worked very well and from this level nifty gave a handsome move till 11598 and I drew trend line at this level only.
After this move buyers has gained the control over sellers and I am expecting this move to continue till 11700 which is a...