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Rejection

HDFC Bank SMC Patterns Short Opportunity --------------------------------------DISCLIMER-------------------------------------------------- * All the information shared in this chart is provided for strictly educational purposes only. * This chart is sharing information are based on the theory of technical analysis . * This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security. * Back test yourself before jump into live market consult your financial adviser and use proper risk management. ------------------------------------------ HDFC Bank Level's ------------------------------------------ 4Hr TF Double top with Rejection Candle Resistance-- 1665/16670 (Target) Support -- 1648/1633/1608/1586 Trade : Sell at 1665 SL 1672 ( 7-8 Points SL) Target will be : T1- 1648 / T2 - 1633 / T3 - 1608 / T4 - 1586 -------------------------------------------------------------------------------------------------------------------------------------------------------------------------- We are not a financial advisor and you should not construe any information discussed herein to constitute investment advice This only for study purpose. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Thank you Trading Cafe 24
NSE:HDFCBANKShort
by Trading_Cafe24
More Fall Ahead for ADANIGREEN?ADANIGREEN has fallen more than 40% from its peak. 200 Daily EMA has acted as support for the last few sessions, and it has broken this level recently. In today's session, it has tried to cross the 200 EMA level but failed to do so. If it closes below 1700 levels, seems there is more room to fall up to 1450 levels. Cheers! This is as per my Analysis. Feel free to share your view about this. Please do your analysis before trading/Investing. Happy Trading
NSE:ADANIGREENShort
by jayaprakash99
Nifty Spot Weekly Outlook 13th June to 17th JuneFalcon Analytics Outlook Nifty 50 for the Expiry week ( Jun 13 – June 17 ) Last Weekly Nifty witness selling pressure below 16386 , while the pivot for the week @ 16605 was not breached on upside. Technically for this week on the daily charts we see minor support on the downside for Nifty50 index lies at 16057 levels, whereas minor resistance on the upside is capped around 16598 levels. If Nifty50 index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major supports on lower side around 15890/15723 and and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 16765/16932 . Currently Nifty50 index is trading Below Red Line 200 day EMA @ 16729 suggests long term trend is Bearish . Range for the week is seen from 15723 on downside and 16494 on upside. Weekly Chart Suggest closing below 16000 Downward Momentum can be fast. Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead. ( All Spot Levels) RESISTANCE 4: 16932 RESISTANCE 3: 16765 RESISTANCE 2: 16598 RESISTANCE 1: 16494 WEEKLY PIVOT LEVELS: 16327 SUPPORT 1: 16160 SUPPORT 2: 16057 SUPPORT 3: 15890 SUPPORT 4: 15723 All above views for education purpose only. Regards, MD.
NSE:NIFTYShort
by miraldesai
Nifty Spot Weekly Outlook 06th June to 10th JuneFalcon Analytics Outlook Nifty 50 for the Expiry week ( Jun 06 – June 10 ) Last Weekly Nifty witness selling pressure @ 200day EMA @ 16746 on friday, while the pivot for the week @ 16223 was not breached. Technically for this week on the daily charts we see minor support on the downside for Nifty50 index lies at 16358 levels, whereas minor resistance on the upside is capped around 16824 levels. If Nifty50 index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 16250/16114 and and if breaches minor resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 16960/17095 . Currently Nifty50 index is trading Below Red Line 200 day EMA @ 16746 suggests long term trend is Bearish . Range for the week is seen from 16114 on downside and 16824 on upside. Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead. ( All Spot Levels) RESISTANCE 4: 17095 RESISTANCE 3: 16960 RESISTANCE 2: 16824 RESISTANCE 1: 16740 WEEKLY PIVOT LEVELS: 16605 SUPPORT 1: 16469 SUPPORT 2: 16385 SUPPORT 3: 16250 SUPPORT 4: 16114 All above views for education purpose only. Regards, MD .
NSE:NIFTYShort
by miraldesai
BankNifty Spot Weekly Outlook For Expiry Week Falcon Analytics Outlook Bank Nifty for the week (May 23 – May27) Technically on the daily charts we see major support on the downside for BankNifty index lies at 32955 levels, whereas major resistance on the upside is capped around 35000 levels. If BankNifty index breaches minor support on the downside and closes below it, we may see fresh break down and index can drag towards major support on lower side around 32323/31691 and and if breaches major resistance on the upside and closes above it, we may see fresh breakout and index can head towards higher levels around 35631/36263. Currently BankNifty index is just trading above 200 day EMA @ 35947 suggests long term trend is Bearish . Falcon Analytics predicts range for the week is seen from 32323 on downside and 35631 on upside. Below Mentioned Spot Levels can be used to trade Long Or Short during the week ahead. ( All Spot Levels) RESISTANCE 4: 36263 RESISTANCE 3: 35631 RESISTANCE 2: 34999 RESISTANCE 1: 34609 WEEKLY PIVOT LEVELS: 33977 SUPPORT 1: 33345 SUPPORT 2: 32955 SUPPORT 3: 32323 SUPPORT 4: 31691 All above views for education purpose only. Regards, MD .
NSE:BANKNIFTYShort
by miraldesai
2
BTC rejectionIn my opinion it looks like BTC got a clear rejection from all the upper band of the channel. Maybe that we could go down again in the meantime? Zooming in we're clearly seeing that we got a rejection with the candle wick. Zooming in on the 15m en 1h we're seeing that a kind of rising wedge might be forming which could signal some more downward movement. In the immediate short term, but only if it breaks down. We got to keep in mind, we're still bearish on the higher tf's.
FTX:BTCPERP
by Awinish
BREAKOUT or FAKEOUT ? How to find out and initiate a trade ?In this post we will see how to initiate a trade in a dilemmatic sitiuation,i.e.,a small green doji type candle coming out of the falling wedge pattern,which leads to the confusion whether to take a trade or not.We would be in dilemma whether it is a breakout or a fakeout? Whether to initiate a trade now or to wait ? In such a situation taking help of a indicator would help you.I have took the help of 20 EMA (Exponential Moving Average) here. As you can see with the help of 20 EMA we have found that there is price rejection at the 20 EMA for the past few trading sessions. So, as marked in the chart initiating a trade only after breaking and closing above the 20 EMA as well as above the red resistive trend line would be viable for a successful trade and to attain and book profits at the mentioned targets in the chart as marked.
NSE:CDSLLong
by Ragav27