Daily Learning Day-49 Nifty Weekly Timeframe Analysis. Bearish Engulfing Candle
As we can see NIFTY again had shown weakness throughout the day but still managed to close in the zone which shows that NIFTY has no confirmed trend to follow and no confirm trend has been decided hence we can still expect NIFTY to falsely break below the consolidation before finally moving up hence for comfirm downtrend we must wait for NIFTY to sustain below the...
cumminsind : cmp 1680.95 trade setup : 1. sell in range 1680 to 1685 2. keeping 1732 as closing basis stop loss 3. targets : 1643 / 1604 / 1548 / 1519 / 1478 & below technical setup : 1. rising wedge pattern trade 2. stochastic RSI in monthly set up at 100 indicating highly over bought price zone 3. volume getting drying up at higher levels 4. real...
As we can see NIFTY despite the weakness in first half but eventually has managed to close above trendline which shows that NIFTY might continue the upmove if managed to sustain above the zone and the trendline but in case if NIFTY fails to sustain above the zone then we might see a good fall in coming trading sessions so keep watching everyone
As we can see NIFTY had been moving unidirectionally without any significant retracement but we did see some good retracement today after a much awaited upmove and can be seen getting rejected at the trendline and hence 17580-17620 is sustained above and not broken down we can still expect NIFTY to continue its upmove so keep watching everyone
Bullish structure with Yen Index Shorts Buy above 166.600 for 168.800 shorter term before any shorts rest we will wait for the Monday London session moves for more clear
Copper is ready for upward journey, medium term trand is looking bulish structure for next 2 or 3 months atleast it's very very low risk entry, smart money accumulated around 700 to 760 , so my conclusion is buy around 780 to 760 zone buy the dips of stoploss is 750 my first target🎯 is 812 then 840 @ ath
Weekly and Daily TF looks bullish and structure has shifted and it is going to pullback in demand
Weekly and Daily TF looks bullish and structure has shifted and it is ready for impulsive move. 4hr structure is shifted
As we can see BANKNIFTY reversed exactly from the retest of the trendline and rallied over 700++ points…we also analysed that despite BANKNIFTY couldn’t sustain itself above 41000 it has not yet gone in downtrend and we can still expect a bull move being at the retest and it did rallied as analysed now we can see BANKNIFTY heading towards its next psychological...
As we analysed in the previous analysis that BANKNIFTY is yet to decide the trendline and the bullrun will only be confirrmed if BANKNIFTY sustains itself above 41000 mark which is both an important resistance and a psychological level but we saw BANK failed to sustain above the psychological level and fell in last hours after being sideways, we can not yet expect...
As we can see BANKNIFTY is sustaining itself above 41000 mark which is both an important RESISTANCE and a Psychological level visible on chart! As of now no confirm breakout has been identified and we can still expect BANKNIFTY to continue its downtrend if couldn’t sustain itself above the trendline hence if BANKNIFTY manages to sustain itself above the given mark...
#BICOUSDT 1W breaking out of this accumulation will be hyper bullish. Bagging some in for futher runner up
Berger paints probably make a new high Berger paint on near monthly demand zone High chance to make a new high
As we can see as analysed banknifty finally reached it’s important resistance and a psychological level of 41000 level now we have to see BANKNIFTY if it could sustain itself above 41000 or not else like previous breakout we can expect BANKNIFTY giving false breakout above and finally continuing its downtrend hence unless 41000 is broken above and sustained we...
As we analysed BANKNIFTY finally reached its important level as analysed after rallying over 1000++ points. Now we can see BANKNIFTY reaching its very important psychological level of 41000 level hence watching the trend overall we can see BANKNIFTY maintaining itself in a downtrend hence if BANKNIFTY sustained above given psychological level we can see a start of...
Tech Mahindra after consolidation and breakout from said range it ready to launch itself upwards
Banknifty Confirm Targets By Price Action Startegy Support Zones Frist Support Level For For Long Banknifty - 40350 - 40390 Second Support Level For Long Banknifty - 39700 - 39745 Third Support Level For Long Banknifty - 39272 - 39310 Resistance Zones...