Nifty View: In today's trading session, it was a big 500+ points recovery from the Nifty benchmark index. This brings in a lot of volatility to the overall market conditions considering that the index had lost over 500 points in yesterday's trade. Nevertheless, even after today's bounce back, the underlying short-term and intermediate trend of the index is still...
As expected and analysed we did a strong selling and fall though it opened huge gap down, but now it is important to see because BANKNIFTY is heading towards important demand zone from where multiple reversal has been seen and it couldn’t break in one go! If opens gap down we can see BANKNIFTY to fall till 36500 and reverse from that very area! We won’t make any...
as we can see BANKNIFTY couldn’t sustain above and more like in a range in last trading day, we can expect a big fall below 38440 if BANKNIFTY opens flat and crosses 38440 below, we can even expect 500-800 points downfall till 37800 which is its next demand zone so keep watching as we can see a big call anytime sooner
Above 17480 is the buying condition and below 17300 we can go for selling this are the levels for monday and nifty is taking support at 200 EMA on 4hr time frame
Revenue of the company from Yr 2017 to 2021 have significantly remained range bound. The stock has annual pattern of Rise & Fall which makes it difficult to break previous highs. The stock needs healthy correction upto 130-150, create support levels, gather strength, in absence of which it may see the repeat of 2018/19.
Look like good opportunity for upside and entry based on weekly closing..........
As per the chart patterns usdcad is aiming for 1.31 target There are also some zones on chart which can act as supply zones
FOREXCOM:XAUUSD Hi This is just an short term view for gold..... Thank You
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
NSE Sectors Relative Strength - Quarterly/Monthly/Daily view Use the below indicator to setup quarterly/monthly/daily view of NSE sector relative strength.
last week we seen huge buying in OMG coin, in upcoming months its going pump very hard. entry and targets are given on the chart. Please Like and comment if there are any queries.
MCX is at it's major support level if you view at bigger time frame ( 1 M ) from 1400 to 1464 points .Might have a bounce from here.. If you come down to lower time frame ( 4 hr ) then it looks like it had made a bullish candle pattern ( a red candle & a green doji & a green candle ) so it might goo up from here ... It also have trend line coming from upwards...
As we can see, NIFTY had been in downtrend since last week and now finally showing buying pressure from bottom and we can also see more like a inverted head and shoulder pattern in smaller time frame and the neckline stand around 17300 and hence if we see a candle closing above 17300 tomorrow we can go long for another 80-150 points so keep watching everyone
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Banknifty, closed at very crucial level which is around 38700 which is also a neckline of inverted head and shoulders pattern, we can also see the trendline that banknifty had been following since last few days had been broken down and hence can now expect banknifty to fall till 38200 levels which is its next demand zone and hence we can see a downfall of more thn...
Banknifty closed at very crucial level which is around 38700 which is also a neckline of inverted head and shoulders pattern, we can also see the trendline that banknifty had been following since laast few days had been broken down and hence can now expect banknifty to fall till 38200 levels which is its next demand zone and hence we can see a downfall of more thn...
Target 1 Done | 28% Gain in 53 days | Goodluck The entry was triggered at 302 on 15th Nov 2021, after which the overall market witnessed a correction. Fortunately, after the entry the market structure held well and the SL placed at 259.40 remained intact. Actually the market missed the SL of 259.40 by a whisker. Whew. Goodluck formed another low risk pivot...
This stock has came to my attention few months ago when it gave a breakout. However, I was waiting for the stock to retest its previous resistance. After month's consolidation I feel the stock is good enough to invest with great RR ratio. On longer time frame, it has created a beautiful rounding bottom pattern. 1900 is all time high of this stock and it was...