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.
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.
MCXBULLDEX is currently trading at 17350 which is a long term resistance zone (17300-17700) for it. I'm expecting a profit booking in MCXBULLDEX from these level. I'm creating short positions at CMP 17350 & will be adding more short positions if 17650-17700 comes & Hold with 18000 as SL. I'm expecting minimum 1000 point fall from here & expecting 16400-16200...
As we can see NIFTY made another ATH back to back after breaking out of an inverted head and shoulder pattern, we also saw a new ATH for BANKNIFTY as analysed in our previous post. Now BANKNIFTY has formed more like an indecision cancel and NIFTY closed at important zone followed by a rising wedge pattern which is also a bearish pattern hence any break of the...
As we can see BANKNIFTY is just couple points away from its ATH mark as we had been analysis since last posts. Now any strong opening will bring up new ATH for BANKNIFTY. Now the question arises whether BANKNIFTY can hold its level or not! If YES which has majority changes as the election is coming and the most obvious news is yet to be factored in, then we can...
stock broke out an THF supply now forming a good base at supply a clear up side move might happen. can enter it might give an 1:3 return. not an financial advice just an chart analysis
This is stock showing very strong performance, quarterly performance also keeps going Evitda also working well quarterly by quarterly, no doubt there is stock can be multi bigger like Zomato from this stage.
As we can see BANKNIFTY show brilliant move despite opening strong. Now it can be seen getting rejected around 48000-48100 levels which is also a psychological level hence if BANKNIFTY manages to sustain itself above 48100 level then we may see 50000++ so plan your trades accordingly.