As we can see BANKNIFTY can be testing the supply zone and getting rejected from there. Following the ongoing global cues we can expect another negative opening for BANKNIFTY and we had been analysing that till BANKNIFTY doesn’t gets inside the structure, every rise can be sold so our plan remains the same for coming trading sessions and very bearish below 51100...
here we see a clear example of divergence. here bitcoin showed a clear stochastics divergence, yo go long , also linear regression candles showed the exit-
Price analysis & overview: 1. Good volumes 2. Breaking out of the channel. 3. Great reversal price structure formation. 4. RRR is favourable. Trade Plan: - Entry: Best aggressive entry would have been near 6600 but new entry can be planned near 7000. - Sl = 10% - TP = 1:2, 1:3, 1:4 - Stay tuned for further insights, updates and trade safely! - If you liked...
#Bitcoin Update on 04.08.2024 A.O.A and Good Evening to All Brothers and Sisters. #Bitcoin Complete The Wave And Reached All Our Tps on Sell Trade. From Here The Price Can Reverse(My Theory. Still Not Confirmed). Now I drawed From Here My Support and Resistance. We Need Now A Confirmation of Breakout of Both Resistances. #ALTS Now If We Have Confirmations Then...
Price analysis & overview: 1. Weak buying 2. Strong bullish trendline BO formation is needed to confirm the momentum. 3. Volumes are dry. - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is...
NSE:BANKNIFTY ANALYSIS FOR A WEEK 🔺 ❇️ IMPORTANT LEVELS 🚀 ❇️ Support: 51200-50960-50720-50620-50480-50300-50120 ❇️ Resistance : 51400-51630-51800-52414 👉🏻 Purple line is a key level, above buying, Below selling. 👉🏻 Expecting A FALL from here.. due to world war 3 news and actions. Not predicting CRASH. 👉🏻 @thetradeforecast 🇮🇳
If LT is in impulsive Elliott wave 3 shown in gray which will get confirmed if it closes above LTH(3924), and then we can see targets as drawn. difficult to predict exact end point of wave 3 but it can be one of the fib level and for wave 5 the next upper fib level can be considered for now. Closing above will also form inverted H&S (see shadows in triangle shape)...
Seems like it will bounce back from here. Since it is falling from last 3 months and we have multiple supports available in weekly charts near 350.00 (200 EMA and previous resistance). If the reversal is confirmed from here then we can see this rally till 500.
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
Although 2 touches price made a new high hence taking confirmation entry.
This auto component maker hit a high of 631 on 7th Feb 2024. However it failed to hold onto the momentum and witnessed a decline.But, it started moving upwards Mar'24 onward and has generated almost 50% return by the close of Jun'24. The large bullish candle of Jun'24 broke out from the upper end of the rising channel. A corrective pullback is observed in the...
The chart provided is a daily price chart of the USD/CHF (U.S. Dollar/Swiss Franc) currency pair. It includes various technical analysis elements that suggest a bearish outlook. Here’s a detailed description of the analysis: Trend Analysis 1. **Uptrend Channel (Early 2024 - April 2024)**: - The price was initially in an upward channel, making a series of...
This chart is an analysis of the EUR/USD currency pair, showing price action and potential future movement based on technical analysis. ### Key Elements of the Chart: 1. **Downtrend Line**: - The chart shows a downward sloping black line, representing a trendline that the price has respected multiple times. This trendline indicates the general bearish...
Hello 👋 One more breakout stock It's "Rossari biotech" Higher tf stock has broken resistance of 920 and closed above 900 which is positive.. Huge volumes in last week. Momentum inclined. HH & HL Have marked levels on chart.. It's my view. Plz DYOA. No buy/sell recommendation🙏. Plz boost my idea if you find it useful. Thank you.
The stock had made an Inverted Head and Shoulder breakout with 3.5x volumes and has been consolidating Buy between 275-293 levels for a Target of 350/420/493
The stock has made a Triangle pattern breakout and has been consolidating since 2 months. Buy at 720-750 levels for a Target of 925
The stock has made an inverted head and shoulder breakout with 8x volumes on a monthly basis. Buy at retracement range of 715-725 for a Target of 848/1045/1240