Multiple Time Frame Analysis
NIFTY is preparing itself for a directional move. As we can see NIFTY had been consolidating in the same range as of now but it has recently broken a rising channel pattern and looking it in bigger tf, we can see it forming more like an inverted flag-pole pattern which is a bearish continuation pattern. We cannot confirm the weakness unless it breaches and sustains below our level else acting as a strong SUPPORT. We may expect a strong REVERSAL from our given levels so plan your trade accordingly based on the breach of levels either side.
[BUY] - LOOKING FOR BUY POST LIQ SWEEP FROM SELLERSBankNifty is in consolidation phase and create liquidity on both sides. Sellers are exhausted and price will move down for more sellers to enter and then takeout all SL's to move price higher. High chance of price to move higher once it creates CHOCH.
NIFTY looks weak below this level !!As we can see Nifty finally broke below the rising channel pattern and had been weak ever since. We can see Nifty getting continuous rejection at higher levels showing its weakness. Now the only important SUPPORT we can see is 21800 wherein any signs of rejection could be a good buy but if it fails to take support at given level then we may see another panic in the market leading to bigger correction so plan your trades accordingly. As of now our view is sideways to negative .
BITCOIN Target as per Elliot Waves ExpectatiomBiotcoin Target as per Elliot waves. It's just a projection. further targets and retracements levels we have to wait and see the moves.
If this monthly closing is above the previous high then the targets mentioned in the chart are confirmed.
We don't predict the market but based on the retreat and levels that targets are confirmed.
let's go with the flow
BANK NIFTY ANALYSIS FOR 18-MARCH-2024 (MODAY)Bank Nifty has made a lot of Imbalance (46345 - 46981 ) to be filled on the down side. spend some time inside the Demand zone marked and then slowly slowly move up towards the high. But looking at the market conditions, it looks like it can break the Demand zone and move down lower.
[BUY] NIFTY 15MIN TF BULLISH AFTER LIQ SWEEP FROM SELLSIDENIFTY is currently in consolidation phase and will lookout for breakdown for sellers to enter and then it will sweep out all sellers SL and move in opposite direction. Looks for buying opportunity only if price comes into the range of buying zone.
Will previous SUPPORT act as a RESISTANCE now!?As we can see NIFTY showed a strong reversal despite touching our reversal levels but we did expect a strong movement from our demand zone. Now we can see it has closed below the channel which could potentially act as a RESISTANCE hence unless NIFTY closes inside the channel until then we cannot confirm this as a false breakdown and can expect further downfall so plan your trades accordingly.
Finnifty Friday (14-03-2024) PredictionAs per price action today (Friday- 14-03-24) market will be BERISH with retracement
Entry at - 20796
Stoploss - 20845 (49 points)
As target have been mentioned .. Trade accordingly ....
we are not sebi registered not endorse any brand or company ...
These Charts and analysis are for educational purposes only..
Trade according to your own risk factor....
Banknifty - All 3 Targets AchievedAs per price action today (Friday- 14-03-24) market have retraced and all 3 targets have been achieved
As target have been mentioned .. Trade accordingly ....
we are not sebi registered not endorse any brand or company ...
These Charts and analysis are for educational purposes only..
Trade according to your own risk factor....
Nifty Prediction - 14-03-2024 As per price action today (Friday- 14-03-24) market will be look to touch Pivot Level
As target have been mentioned .. Trade accordingly ....
we are not sebi registered not endorse any brand or company ...
These Charts and analysis are for educational purposes only..
Trade according to your own risk factor....
Banknifty Prediction - Friday 14-03-24 - BerishAs per price action today (Friday- 14-03-24) market will be BERISH.
Entry at - 46856
Stoploss - 46915 (57 points)
As target have been mentioned .. Trade accordingly ....
we are not sebi registered not endorse any brand or company ...
These Charts and analysis are for educational purposes only..
Trade according to your own risk factor....
An important SUPPORT for NIFTY is coming up.As we can see NIFTY fell unidirectionally exactly as analysed in our previous post and we also mentioned about the supposed panic that could occur with the break of lower trendline and we did see that. now nifty can be seen heading towards very important support or demand zone of 21800 which given NIFTY more room to move hence if NIFTY weakens and reaches 21800 and shows any signs of rejection then strong reversal can be expect to plan your trades accordingly.
Nifty (Tuesday 12-03-2024) Trade Set UpAs per price action market will be BERISH.
Entry at - 22396
Stoploss - 22420 (24 points)
As target have been mentioned .. Trade accordingly ....
we are not sebi registered not endorse any brand or company ...
These Charts and analysis are for educational purposes only..
Trade according to your own risk factor....
TCS going for ATH BreakoutFundamental stock showing signs of breakout, as a matter of fact TCS has already given breakout and retesting currently. will enter if breakout the previous high with a good green candle closing.
Disclaimer: Not an investment advice, just my personal trade diary. similar views and contrarian views are always welcome as it helps us all grow together.
NIFTY got rejected exactly as analysedAs we had analysed in our previous analysis that every rise could be a selling opportunity in NIFTY as it has maintained itself in more like an rising wedge pattern which is a bearish pattern hence we may still expect NIFTY to correct taking support at the lower trendline! We can see NIFTY is trading at a SUPPORT hence if NIFTY opens strong then we may see a good recovery else we may see another sideways to negative market so plan your trades accordingly.