EURUSD short from a daily demand zone after a break and retest. Weekly and Daily bearish price action, entry refined on the 4H and 30M. First target is the Major Swing Low on the 4H, second target is the next daily weekly liquidity.
As we can see despite the weak opening NIFTY recovered strongly and manages to close itself inside the trendline which shows the structure is still intact. Now next eminent resistance can be seen is around 22200 level which has been acted as a level of indecision for quite some time now hence we may expect NIFTY to reject around those area till it finally breaks...
This stock is going to be bigger then Bajaj Finance in very near future. Cost of borrowing funds for this NBFC is going to be the lowest for any in its peer group. In future (few years from now) there is a chance of JIO AMC and other potential demerger. Wait for lower levels as marked and hold on to this gem.
As we can see NIFTY has finally reached its psychological level of 22000 and also reached trendline which had been followed and acted as resistance ever since. As long as we are above the trendline , we may expect NIFTY to remain sideways to bullish but the trend would change instantaneously if it breaks below and we may see a huge downfall in NIFTY so plan your...
As we can see NIFTY can be seen heading towards important psychological level and also the trendline which had been acting as a SUPPORT since last month now. Now till NIFTY sustains itself above our trendline SUPPORT, every dip could be a buying opportunity but if fails to take support then we may see a panic selling in market so plan your trades accordingly.
Nifty in the last 2-3 sessions has lost 400 points which shows some bearish basis market but it will retrace before another fall. In case of a gap up opening, there will be a sideways expiry for nifty. Otherwise, after a gap down, there will be a recovery or profit booking in positional/swing trades. It trading below the 20 ema (daily) and may come to retest the...
Confluences marked on the chart. Potential +3R trade. Hold time till end of the week.
Silver had a strong run up till 86k, after which profit booking was seen which brought it down till 83k. Now, pull back of the first wave of profit booking seems complete, which gives another opportunity to take a short trade.
As we can see NIFTY opened and had been weak throughout the day as analysed in our previous post and managed to sustain itself below the middle quadrant of the channel hence we can expect another fall till 22000 which is its next upcoming DEMANND ZONE and PSYCHOLOGICAL LEVEL hence till NIFTY maintains itself in the base quadrant, we can expect NIFTY to remain weak...
🔍 Setup : Multi-year breakout setup 📊 Analysis: Bullish trade! 🐃 Significant volumes detected, with a supportive sector. Key levels from October 2017 and September 2019 have been breached, and the price is sustaining well above them. 📈 Share your thoughts! Like and comment below! 💬 Let's capitalize on this breakout opportunity together! 🌟 #PETRONET...
As we can see NIFTY started to get rejected exactly from our given trendline as analysed in our previous post. Now we can see NIFTY heading towards 22400 which is also a psychological level but if NIFTY opens even weaker then we can see NIFTY heading towards 22000 being final support so plan your trades accordingly.
As we can see NIFTY is heading towards important trendline resistance which has been followed since last few months now. But as long as NIFTY doesn’t closes and sustains above the given trendline, we are bearish and we can expect NIFTY to show another retracement making another shoulders for completion of inverted head and shoulders pattern for another LIFE TIME...
NSE:NIFTY NSE:BANKNIFTY NSE:CNXFINANCE NSEIX:NIFTY1! High probbaility to fall 800 points to 22000NIFTY NIFTY 22000 BANK 46200 FINANCE 20700
Symbol - NZDCAD NZDCAD is currently trading at 0.80920 I'm seeing a trading opportunity on buy side. Buying NZDCAD pair at CMP 0.80920 I will be adding more if 0.80200 comes & will hold with SL of 0.79000 - 0.79200 Targets I'm expecting are 0.82500 - 0.82800 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis...
Avenue Supermarts is BULLISH on Monthly timeframe and has changed its price structure on Weekly timeframe which gives a strong conviction that it is going to test its ATH once again. There is a scope of accumulation if it is available at a discounted price between 4200 and 4300 . The idea will be invalid below 4000 . The targets are crystal clear according...
USD is fundamentally bullish given strong NFP (<250k), JPY is bearish given the recent IR Hike. No fundamental divergence to be seen. Possible MTR observed on the 4H. Entry on a pullback to the Daily Key Price Area, SL before the lowest swing of the pullback.
As we can see NIFTY is now trading at higher level of channel and we also saw signs of weakness around that. Hence further unless NIFTY manages to break this channel and sustain itself above, we may see NIFTY being weak to sideways in coming trading sessions so plan your trades accordingly.
ORDI has been in this range for a while now. It's a big range and consolidation was much needed after a huge rally. Now, Ordi has testing 70.5 to turn into support. Invalidation for this trade is a daily close below 58 A move to 150 is in the books in the coming months. Not financial advice. Just sharing my thought.