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Parallelchannels

BankNifty: The Journey Continues Post Mysterious X-Wave (Buy) Having journeyed with us through the enigma that was the Mysterious X-Wave, you'd be keen to know, "What's next on the horizon for BankNifty?" Having witnessed the roller-coaster oscillations between 43940 and 44779, and having dived deep into the "Magic of Centre Line Reversal," here we present the way forward. Reassessing the Ground As you've seen, the significance of the 44000 mark can't be stressed enough. It stands as not only a psychological barrier but also a critical structural support. At the time of penning this update, BankNifty is maintaining its grace above this level at 44065, showcasing its resilience amidst market volatilities. The Immediate Roadmap The zone between 43900 - 44000 is paramount. A strong foothold here can act as the springboard for the index. ( Avoid Trades Below 43900 ) 1. Initial Target: If the index continues its momentum and remains adamantly above 44000, our immediate upside target stands at 44178. A decisive push past this can pave the way for higher peaks. 2. The Big Play: Should BankNifty rise and hold firm between 44180 - 44200, this would be the cue for bullish sentiment. In such a scenario, we are looking at an optimistic run towards 44400 and potentially even further. To Sum It Up The next phase of this thrilling journey hinges on these crucial levels. As always, it's imperative to have a tactical approach. Ensure your strategy is tight, stops are in place, and you're ready to pivot based on the index's behavior. Remember These levels and strategies are a mere guideline. The dynamic nature of financial markets can sometimes be unpredictable. Always ensure to consult with your financial advisor and make informed decisions. Disclaimer Trading in Financial markets is speculative and involves substantial risks, including the risk of loss. Always trade based on the insights and advice from trusted professionals. Stay Tuned, Ride the Waves, and as always, Listen Closely. Can you hear it? Warm Regards, WaveTalks
NSE:BANKNIFTYLong
by WaveTalks
6
Nifty 50 ( For minimum 100-200 Points Target )Nifty 50. (Only for Experienced traders" ) Enter after " Breakout and Retracement ". . . For " long " entry: 19420 target: 19505 - 19545 stoploss: 19380 . . For " Short" entry: 19375 target: 19300, 19250 stoploss: 19420 . Enter only if market Breaks "Yellow box" mentioned. . Wait for proper reversal and conformation. . Don't make complicated trade set-up.📈📉 Keep it " Simple, Focus on Consistency "💹. Refer our old ideas for accuracy rate🧑‍💻. Valuable comments are welcomed-✌️ . . [i ]Disclaimer: Our Trading style is not to capture "10-20" points per trade.📊 We take entry only for minimum "100-250" points without any distractions.💹 So, our ideas may not be preferable for small traders, who just focusing on too much of support and resistance.📈📉📈 So, please consider others ideas. This is for educational purposes.🧑‍💻
NSE:NIFTY
by TheNuraTrading
Nifty ( only for min [100-250] Target ) ProNifty 50. (Only for Experienced traders" ) Enter after " Breakout and Retracement ". . . For " long " entry: 19485 target: 19540 - 19647 stoploss: 19440 . . For " Short" entry: 19430 target: 19410 stoploss: 19460 . Enter only if market Breaks "Yellow box" mentioned. . Wait for proper reversal and conformation. . Don't make complicated trade set-up.📈📉 Keep it " Simple, Focus on Consistency " 💹. Refer our old ideas for accuracy rate🧑‍💻. Valuable comments are welcomed-✌️ . . Disclaimer: Our Trading style is not to capture "10-20" points per trade.📊 We take entry only for min "100-250" points without any distractions.💹 So, our ideas may not be preferable for small traders, who just focusing on too much of support and resistance.📈📉📈 So, please consider others ideas. This is for educational purposes.🧑‍💻
NSE:NIFTY
by TheNuraTrading
PNCINFRAPNCINFRA:- Stock is moving in parallel channel, about to give breakout, keep your eye on alert Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:NCCLong
by AjayDhakad_Keep_it_simple
2
BTC in Bearish Parallel Chanel PatternBITCOIN 4-hr Chart Analysis CRYPTOCAP:BTC at present moving as per Descending Channel's in Parallel Pattern with more Bearish mode, and soon be ready to break out Last Lower-High strong support of $28,300 to moving towards FWB:27K to next step of Lower-Low trends in Bitcoin Market. This time, very big chances to break down approx. 7% to 10% soon. Let's wait, what's the next move of market but as per my opinion, soon it will be in bearish zone. anyway, always #DYOR and Trade wisely by using #StopLoss, It's just #NFA & Must Share, LIKE & COMMENTS on it....
BShort
by AskToRahulSirohi
SHYAMMETLSHYAMMETL:- Wait for the breakout, if it gives breakout and sustains then we can see upside movement Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:SHYAMMETLLong
by AjayDhakad_Keep_it_simple
Bitcoin Will Breakout $29k SoonBITCOIN 2 hr. Chart Analysis As per present movements of CRYPTOCAP:BTC under $31.5k to $29.5k from 14 July, it will be major chances to break out this pattern into another lower barrier of FWB:29K soon and goes towards $28k up to 25-29 July as per previously given dates by myself too for another Downtrend cycle of BTC range of FWB:27K to $25k. CRYPTOCAP:BTC also following the pattern of Bearish Parallel Channel Pattern, that's why it will be major chances to break out of this pattern, either into 25-27 July or up to 27-29 July. Lets see, what's the next movement, and how much it goes deep in bearish mode, but market scenario and public sentiments will be again very much under Bearish mode. Always #DYOR and Trade wisely by using #StopLoss, It's #NFA Also, LIKE, SHARE & COMMENTS on it...
BShort
by AskToRahulSirohi