Priceactiontrading
Bitcoin going as predicted on 8th March 2021#Bitcoin hitting all time high as predicted earlier on 8th March, after breaking the ascending triangle. It hit the exact target as of now.
We might see the price now testing the previous resistance (Support as of now) and might hit new highs.
stay tuned for the new highs and keep your eyes open.
*** THIS IS NOT A FINANCIAL ADVICE, TRADE AT YOUR OWN RISK!! ***
RAMCOCEM long Levels are given clearly on the chart
Disclaimer: This is not a investment/trade recommendation
XAUUSD, Bullish at the Mid of March, aims for 1750 and aboveGold against Dollar , expects to be bullish after a dip and rise at the last day of the last week.
Price action suggest it could be breakout trade this week at 1728 area..
If any negative impact on fundamental analysis , it might break into 1680 area..but analysis suggest a bullish week..
Analysis only for education purpose
[INTRADAY] BANKNIFTY PE & CE Levels(10/03/2021)Today will be gap up opening in banknifty near 36000 level. If banknifty trading and sustain above 36050 level then expected it will give further 300-400 points rally towards the 36450+ level. Downside 300-400 points possible below 35950 level. Upside it will face resistance near at 36450-36500 level in case breakout of this resistance then can expect further 400-500+ points rally.
EURJPYKeep a close eye! EURJPY near to Fibo 61.8 level + Demand zone + Strong SR trendline - All 3 points meeting up
Perfect setup for Entry on Fibo 61.8 level
BAjaj auto Good short candidateBajaj auto spot cmp 4230
Counter is giving sign of distribution in range of 4215 to 4265
Short sell can be done in this range with stoploss of 4270 on hourly closing basis.
Down side counter can fall to levels of 4000-3800-3650,,
Breakdown below 4215 on closing basis is mandatory...
Good short candidate..
WEST COAST PAPER READY FOR SWING TRADEWest Coast Paper looks good for long once closed above the trend line.
NTPC: NEARING TREND LINE NTPC is nearing the trend line acting as resistance for past 3 months. Watch for breakout above the trend line.
Nifty Upcoming Support Support Upcoming nifty option expiry strong support according to option chain & Price action theory.
stock to buy bharti airtel
Breakout expected
Go as per the break out .
NOTE
BLUE LINE : Major Support and Resistance line
Orange Line : Minor Support and Resistance line
Time Frame to achieve target: max 10 days
Long-term trendline break on HDFC. Positional trade.The stock seems to be on the verge of breaking out of a long-term trendline resistance. More upside expected in the coming days.
Also, the housing market could be poised for a recovery. As a result, housing finance as a sector can outperform going forward. HDFC being a market leader is sure to drive this rally higher.
Axis bank triangle flag we have two confirmation for bullish view
1) Upward channel
2) Triangle flag pattern
If it sustain on 762 level, it may hit 785-90 level.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
UBL Intraday analysis UBL Equity (Cash)
Entry : 1269.50
Stop Loss : 1261
Target : 1279/1286
The analysis is based on simple price action only. Entry point given are valid if the resistance / support breaks convincingly. For that learning candlesticks psychology is a must one.
Note : Don't jump in to the trade once market reach the entry level, most of the time will get better entry and that gives better reward. And always trial stop loss to take full target..
INFY Indraday analysis Entry : 1296.50
Stop Loss : 1289.50
Target : 1304 / 1310
The analysis is based on simple price action only. Entry point given are valid if the resistance / support breaks convincingly. For that learning candlesticks psychology is a must one.
Note : Don't jump in to the trade once market reach the entry level, most of the time will get better entry and that gives better reward. And always trial stop loss to take full target..
Axis Intraday analysis Entry : 744.50
Stop Loss : 740
Target : 749 / 753.5
The analysis is based on simple price action only. Entry point given are valid if the resistance / support breaks convincingly. For that learning candlestick psychology is a must one.
Note : Don't jump in to the trade once market reach the entry level, most of the time will get better entry and that gives better reward.
Any doubts, make a comment or text me privately :)
