Lets see what are the possibilities for comning days in nifty
Bullish View as we can see Inverted H&S in weekly and daily TF, As projected in the Chart above and below. Lets not forget that we have All time high near by and anything might happen at this point,
So we will consider bullish only once the high is broken and retested and sustained....
Given this targets and ranges on monday in our telgram channel l..
Reasons asking one to train his eye rather going behind logic initially is that once you run behind logic you will be thinking too much and overthinking leads to losses in market .. keep an eye on the structure and chart patterns and once you gain confidence over a pattern logic follows and...
Any pattern is not perfectly formed.. So we take confluence in them ..
as i can see there is this bullish cypher pattern in formation Which is not that perfect yet with in my error percentage. along with Open intrest As confluence and support resistance levels ..
This is my View and my trade not a suggestion
Weekly Time frame Bearish signals
This is just a possibility
Nifty Is being pushed up seriously to the highs, One who can understand option chain can see that for the past 2 days not even a single call option is being written, makes everyone believe market is heading UP ..
Added few Screenshots for understanding
Weekly Time frame
Nifty Accumulation Phase Identified on June 21 0008hrs
After accumulation in nifty price broke out and sustained above the accumulation range. and gave a retest twice ..
Second confirmation : A Symetrical triangle breakout and sustained above it all day on friday
Now we have a confirmation that price is about to go bullish for the time being .. So whats the...
The following chart tries to tels us about the upcoming movement in nifty 50
I have came at that decision by backtesting some past moments
* I am Not A Professional and I will not be responsible if you incur loss by following my analysis
Nifty is at it's very crutial support which was the low made in war breakdown. We will still play sell on rise strategy but will find reversal opportunity in our buy zone. For next resistance. Rest follow dot to dot levels.
This is my second analysis of BTC in upcoming days or weeks.
I have seen a lot of people saying BTC will go back to 20k, 25k and even 10k too. They are saying because BTC crashed back in 2016-17. That time, only a few people were into cryptocurrencies.
We should be bullish at this moment but the current circumstances won't let the bull run happen.
Twitter Share prediction Cmp 48.93 Long term target 70$-75$. As we know that Twitter vast userbase & the favorite social media site used by Elon Musk. We predict we rise in the near future and technical analyses are matching perfectly,
as I have said in my first idea you can check it 1 week ago that nifty will fail chances are there and
I purchased the weekly put option as it broke the previous day's candle low and my position is still running with a nice profit .
have nice trading.
will meet in my next analysis.
In the chart,
timeline has been set based on fifa world cup 2020.
Why is this relevant?
crypto.com is the leading sponsor for this year's fifa world cup. The commercials, news and hype around crypto tends to start increasing before such a big event followed by a pump.
Now we can assume the same for many coins but lets face it. Fifa World Cup is probably the...
Combining Pitchfork and harmonics gives better results .
Look at the rejection of pitchfork at the higher parallel line.. if we see a bearish move tomorrow and
17k is breached then we can clearly see stronger move down side .. and the target is given on the chart ..
thats where the D leg started for the Gartley pattern and the target for that swing can also be...
Satisfying the need of the hour, Nifty made an opening at its day high of 16757 approx yesterday, and thereafter gradually made a low of around 16447.90 during the day. But, it also somehow managed to give us a stable closing of above 16200, i.e., around 16594.90, in the yesterday’s trading session.
However, there’s still a need to stay cautious...
We are glad that our Pre Market Morning Mantra updates are fruitfully helping our followers each day. As once again, Just as we had stated about our thoughts on the worst getting over, yesterday, similarly we did see a beautiful bounce back in the Market, where from its low of 15671, nifty had made a high around 16028 on the same day itself....