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INVEST OR TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor, so before entering on my view please ask your SEBI Registered Advisor. Profit is your and loss is yours.
TV18BRDCST Long (01 Apr)
Highest Monthly closing since last 11 years
Medium to long term call
Buy at CMP- 74.8
Target- 94, 103, 114
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Disclaimer- We are not SEBI registered advisor.
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TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
(In the last NIFTY OUTLOOK post the Bearish Wolfe has completed its target,Now we may see signs of Bullishness)
This is not the very first time that NIFTY has formed a pattern roughly similar to Shooting star on Monthly TF .
This has been formed before during the month of October 2020, January 2021 & recently October 2021.
Now the few crucial points that I...
The question is: how to trade this pair on the weekly chart.
The monthly context is totally favorable to buy in the long term, so in the weekly I want to wait for a scenario to buy too. This is because the largest time frame controls the smallest time frame.
I want go long on the weekly together the monthly.
Nifty PSE is currently trading at the multiyear strong supply zone which has been tested 3 times since June 2018 but PSE failed to break.
We can see a breakout in the daily timeframe's trendline as pointed on the chart. Currently, NIfty PSE is 2.6% away from the top of the supply zone. If this supply zone is broken, we can see momentum in PSE stocks.
VEDANTA LTD is at very crucial level, It is forming a pattern from last 11 years. It can move to any direction, take trade after confirming with your rules and system, check on Weekly, Daily and other smaller Time Frames for better and clear understanding, as it is also taking support from moving averages on different time frames.
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