#Optionbuyers #Niftyoptionscalping Zones you always Like:- Green zone- institutional support Red zone - institutional resistance Gap between institutional zones is always of 100 points Zone is created with the help of pivot points and Fibonacci Advance version of price action Trades based on Nifty future chart Trade Execution:- Trade...
We had a narrow range movement for the past two days, especially on Friday afternoon session, price moved in a line formation. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 49800. Stop Loss : 49720. Targets : 49880, 49960, 50040, 50160 and 50280. Sell below : 49600. Stop Loss : 49680. Targets : 49540 ,49460,49340, 49260 and...
USDJPY extends Friday’s recovery from the 50-SMA while rising toward a six-week-old descending resistance ahead as the week comprising monetary policy announcements from the US Federal Reserve (Fed) and the Bank of Japan (BoJ) begins with mixed sentiment. It’s worth noting that the Yen pair’s sustained trading above the 50-SMA joins the upbeat RSI (14) and an...
Hi friends sharing a view on Tata steel where i observed a horizontal trendline breakout of ascending triangle on weekly timeframe and it seems a good opportunity to go long in this stock where Tata steel relentless climbing continues as it achieves a milestone with a weekly breakout to an all time high and bulls rejoice as price defies the expectations of bears...
very clearly mentioned in chart of levels as per index and stock relative performace is matching i see a upside move in coming days just a view not a reco...
Expecting nifty will be red in this week My algorithm shows nifty is going to fall
Cipla has created inverted. Breakout zone above : 1515 support zone is at 1420 levels Pattern break out target is 1700. its a short term trade.
The analysis is done on Weekly TF hence price may take few weeks to several months in order to reach the targets. Trade setup is explained in image itself. Also look at the charts of its peers analysed in below link The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any...
Nifty will be gap up opening in today's session. After opening nifty sustain above 23310 level and then possible upside rally up to 23430 level in today's session. in case nifty trades below 23250 level then the downside target can go up to the 23130 level.
The analysis is done on Daily TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. One should also look at its peers in Pharma sector for more opportunities - check below charts - #CIPLA #STAR #SANOFI The above analysis is purely for educational purpose. Traders must do their own...
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 49550 level then possible upside rally of 400-500 points upto 49950 level & this rally can extend another 400 points if market gives breakout 50050 level in todays session. Any Major downside only expected in case banknifty starts trading below 49450 level. also possible reversal...
adaniports ports special economic zone in wave z of triple zigzag.entire price action contained within parallel lines a typical feature of corrective price action.
#Ethereum Chart Analysis #ETHUSDT is currently trading within a bull flag/parallel channel. We're waiting for a breakout before entering any trades. - Bearish Scenario: If CRYPTOCAP:ETH breaks down below the support level at $3650, we might see a decline toward $3152, which is the last Fair Value Gap (FVG). - Bullish Scenario: If #ETH holds the $3152 level,...
Good morning, friends! 🌺🍬 Here are the directions for June 10th: There are no significant changes in the global market. It is still maintaining a moderately bullish sentiment based on the Dow Jones, while our local market also maintains a bullish trend. Today, the market may open with a neutral to slightly gap-down start, as indicated by GiftNifty, which shows a...
The results of Trent Ltd was positive. The BO of channel pattern is on the charts with increased volume. Do your own study before investing.
Support Levels: Near Support Zone (15m) for Intraday: 48,801 - 49,055 Far Support Zone (75m): 47,386 - 48,245 Resistance Levels: Major Resistance/Supply Zone (Daily): 50,092 - 51,133.20 (remains the same)
BankNifty also has the same sentiment, but the levels are slightly different: > If the market breaks the 78% Fibonacci level on the upside, we can expect a minimum move to 50,557. This is a supply zone, so if the market rejects there, we can expect a minimum correction of 38% in the minor swing. or If it consolidates there(around supply zone), then the rally will...
as for as wave principle is concerned the recent high at 23587.5 in futures is at top since its inception.that level completes 5th wave at 5 degrees, so completing wave one of cycle degree.the collapse in wave a or 1 of next leg of correction to its previous 4th wave area indicates beginning of long term correction.on an hourly basis the precent pull back which...