This idea is purely basis current price action + volume and news. No other factors considered. NSE:DHANI has shown promising signs of a potential turnaround, indicating a shift in sentiment following a period of indecision or stabilization. The Diamond Bottom pattern emerges amidst a downtrend, characterized by the formation of higher highs and lower lows...
Recap: As mentioned yesterday's analysis Bank nifty started with fake break out after firing 2 strong bullish candle on 15min & then a sudden dip trapped many players. But still strong support 46900 helped saved bulls to reach again for a breakout but failed & BN closed at support 46900. Analysis for Next Day: Bears have started dominating as seen today bulls...
* Gold Price Movement: Gold prices are uncertain and fluctuating. * Upcoming Data Release: The market is waiting for the US core PCE price index data for November. * Fed Bostic's View: Atlanta Fed President Bostic sees no urgency for interest-rate cuts, emphasizing the strength of the US economy. * Fed Barkin's Approach: Fed's Barkin is data-dependent for rate...
Hi Friends, I'm getting queries from many people and so many traders are in panic who are holding VEDL shares. We observed that VEDL looking week since Jun'23 specifically after declare dividend. I'm already shared levels of 205 to our clients and accumulated more qty yesterday. What you should know:- Big News Vedanta announces demerger to split business...
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
My personal view go long with thomas cook. After 15 days consolidate second swing ready for target 160 ++. Buy cmp @120-123 Target 160 ++
GMMPfaudler was on my watchlist from past couple of months because of its beautiful consolidation after a fall. Recently, the company has announced good Q1 results due to which a breakout was seen in the stock. It was followed by some profit booking. On friday, the stock gave a gap down opening due to news(GMM selling stake in the stock) followed by a huge...
my point of view for upcoming FOMC meeting on midnight 11:30 IST
ANTICIPATION OF FED DECISION The Federal Reserve is meeting this week to decide on a potential interest rate hike. While analysts agree that the central bank will maintain its rates for the first time since March 2022, investors are focused on the tone of the announcement. If the Fed hints at further rate hikes later in the year, as many predict, oil prices could...
BN is on strong bullish trend but also coming near to very strong resistance at 44100 & 44000 mark both as strong resistance as well as they are round number's most of the traps happens at this levels Wait of retest and then ride the bulls trend!
MRF: The counter is set to become the first company to kiss 1 lac figure/ share the counter is in a visible uptrend and has strong support at 93000-94000 ZONE and as long as it holds support areas, it is likely to move beyond 1.10 L
Be cautious of trade today as it could be highly volatile environment due to different news today . Gold is forming bullish penant , if broken could lead gold to 2028 -30 levels before a correction. Happy trading , look for stop loss hunts due to great volume today.
bitcoin has surprised many of us , we have been witnessed a rapid week of bullish but it all came after a deep dive of $19600 and now btc is trading around $28500 what major concern here for bullish reversal here is if it comes below $26330 then short position will make their high posittion for further check the bio thanks!
Yesterday, I had posted regarding the IVHS pattern of Nifty. Today, market had a big breakaway gap up opening followed by upmove to a strong resistance of 17600. Yesterday, the market had given a bearish closing and looks like this was a short covering which was triggered by strong Rupee vs USD. Today's closing above 17600 would be either a bull trap or a...
News is just a catalyst. majority of the times news plays into our analysis
If Bitcoin brake the 22,100 prices and Closes below it, That is a good indication to go up and achieve the 25k Level...
As Per Line Chart . Last day Trading Session We have Seen Heavy Selling in bank nifty. Now Most Important Support Broke 41700 And Second Support is 40000 level.. 40000 is psychological And Tend Line Support Also 200 Moving Average. So 40000 3 Trend based Support . like horizontal, trendline and Ema . If 40000 Level Break below Side New target Open 37800...
here in video i have share my ta of soxl etf support and res. are marked my opinion is also given this video is only for edu. purpose only dyor before trade. thank you