BANKNIFTY ready to reverse As we can see despite the weakness BANKNIFTY managed to get rejected around our important zone and closed more like in a positive note exactly as analysed in our previous analysis. Now we can expect some upmove in BANKNIFTY else we may see another test of the zone till 46100 before finally reversing so every dip can be bought positionally so plan your trades accordingly.
Multiple Time Frame Analysis
BANKNIFTY heading towards important SUPPORT now! As we can see despite the strength in the first half, BANKNIFTY failed to sustain at higher levels and fell unidirectionally or we can say that it remained more like sideways to negative as analysed in our previous analysis. NOW that BANKNIFTY has shown substantial downside in last few days, we can see it is heading towards important SUPPORT 44100 levels and any good rejection around this level could a great entry for positional call side so plan your trades accordingly.
BANKNIFTY will remain non-direction between these levels ! As we can see BANKNIFTY remained sideways to negative throughout the day as analysed in our previous post as it got into a range and has to break to show unidirectional move. NOW that BANKNIFTY has taken rejection, we still can expect BANKNIFTY to remain sideways to negative with 46200 acting as a SUPPORT so plan your trades accordingly.
INDUSTOWER Momentum Setup 💹Greetings traders! 👋 Today, I'm excited to share my analysis on INDUSTOWER, highlighting a promising positional setup with a breakout supported by volume. Here's what you need to know:
📈 Setup: Positional Breakout With Volume
🔍 Analysis: I've conducted comprehensive analysis across multiple timeframes, confirming the breakout setup.
📊 Indicator Support: Momentum indicators are indicating strong support for the bullish momentum.
Stay tuned for potential upside momentum on INDUSTOWER! Remember to conduct your own analysis and implement proper risk management strategies.
#INDUSTOWER #PositionalSetup #BreakoutAnalysis #VolumeAnalysis #TechnicalAnalysis #TradingView #StockMarket 🚀
ISEC - Range Breakout Setup: A Promising Swing Trade Opportunity📈 ISEC is exhibiting a range breakout setup, making it an attractive option for swing trading. Don't miss this opportunity for potential gains!
#SwingTrading #StockAnalysis
RESTEST DONE! ready for 22600 now..?As we can see despite the strong selling pressure NIFTY managed close itself above making a new ATH. This shows the immense bullishness which sustained chart structure. Hence any weak to flat opening leading to break of previous day high could be a great buying opportunity for at least 69-100++ points and 500++ points in coming trading sessions so plan your trades accordingly.
Exact rejection from our levels! What’s next? As we can see despite the strong opening, BANKNIFTY managed to get rejected exactly from our given levels as analysed in our previous analysis. Now we can expect BANKNIFTY to remain sideways to negative till it maintains itself inside the given range and would only turn bullish if breaks above our given levels so plan your trades accordingly.
Will previous SUPPORT will act as a RESISTANCE now?As we can BANKNIFTY despite its weak opening showed strong upmove breaking the cognitive dissonance that was created by making doji candle in last few trading sessions which was very well analysed in our previous analysis wherein we expected this strong upmove. Now it can be seen closing at important level as following the previous structure it can be seen it has closed around RESISTANCE which previously acted as a SUPPORT hence if BANKNIFTY opens very strong then we may see another weakness in BANKNIFTY and if opens flat then we may see it again getting rejected making it sideways to negative market so plan your trades accordingly.
BANKNIFTY coming for its ATH..?As we can see BANKNIFTY has not rallied as compared to NIFTY and has also shown some healthy correction which can show potential upmove. We can also see BANKNIFTY forming more a W pattern in bigger TF getting rejected from important trendline support signifying the uptrend hence we may expect a strong upmove in coming trading session is BANKNIFTY manages to hold itself above the neckline of the pattern so plan your trades accordingly.
Wipro Long Term Breakout Explained#wipro lately has been giving wild moves and many people including myself are wondering why. I may not know the exact fundamental reason for the move in wipro but as a technical analyst i can share my POV on Wipro technically.
1. Wipro has given a major breakout in the weekly timeframe.
2. After a prolonged period of consolidation in the likes of more than 1 year, 528 days to be exact wipro has broken out of a range and is right now in the middle of a rally.
3. The next possible resistance for wipro is 600.
Happy Trading,
Yamini Prabu
NISM, NSE Certified TA,
Independent Trader/Trainer
CUP AND HANDEL PATTERN BREAOUT WITH GOOD VOLUMEMSEntry above above 431/-
With strict stop loss of :- 360/-
Holding period :- 1 to 1.5 year
big UPMOVE coming up in BANKNIFTY if..As we can see we saw another rally in BANKNIFTY despite being sideways in the first half but closed at a crucial zone. In bigger time frame, we can see it forming W kinda pattern with multiple tests which has potentially made the zone much weaker! Hence if BANKNIFTY opens flat to weak any breaks today’s high then we may see a strong upmove but if opens very strong then we may see another fail of structure which could lead to sideways to negative market throughout the day so plan your trades accordingly based on given scenarios.
Another RALLY coming up anytime sooner ??A well anticipated move came up as we had been analysing since last few analysis being every dip as a buying opportunity. Now watching at bigger time frame, we may see expect another strong upmove till its ATH if BANKNIFTY manages to sustain itself above 46000 mark as it can still be seen in accumulation phase since past few days so plan your trades accordingly.
STRONG REVERSAL but still showing indecisiveness As we can BANKNIFTY showed strong upmove as analysed in our previous analysis and we did see close to 2 percent upmove in single day and hence we still stand by our saying of buying the dip till our zone is respected but each time the zone gets weaker hence more of tests of the demand zone could lead to huge downfall as it would break both the trendline and the demand zone so plan your trades accordingly.
GBPNZD A FALLING MONMENTUM DETECTEDGBPNZD A FALLING MONMENTUM DETECTED
its breaked a neckline and the retraced lable mentioned
the lable finally touched the retracement lable
hence a good falling momentum will occure on 1h chat
only forex expert can understant it
grab it with your predictable risk
wait and watch n learn enjoy
thank you
NIFTY at MAKE or BREAK level..!As we can see despite the strong downfall in BANKNIFTY, it couldn't break and sustain below the trend line and showed slight recovery in final closing hours and closed above the trend line. Now we may expect BANKNIFTY to open strong and recovery and our view still remains intact to buy the dip till it closes below the trend line for a good unidirectional fall so plan your trades accordingly.
Trend Line is supporting for Recovery Time | Long BiasPrevious Post
Cardano is recovering to $1.18
On day chart
After rejected Fair Value Gap, ADA's bounced back and now it's trading around $0.54
On 4H TF
A breakout is appeared and now ADA is pulling back to middle line or lower line of Ascending Channel
Just wait for decline to join with low risk or safety choice what I marked on the chart
Time will tell
EXACT REVERSAL from our zone…whats next.?As we can see despite the strong downfall we expected a strong rejection and we did see that exactly from our given levels and recovered almost 1.5. percent single day. Now we can further expect a recovery unless over zone is protected and every dip could be a buying opportunity till election but if manages to break below then we may see a strong downfall which could be a major retracement of minimum 8-10 percent so plan your trades accordingly.






















