Hello Friends.
Please read the notes on the chart and see the picture very patiently. There is a lot to learn and earn.
Be patient. If tomorrow's candle of 10:30 a.m. (super - super - abnormal candle) is maintained i.e. price remains above it or after retracement does not break this candle then buy in confidence. Its the game changer. Price of 73.63 is the...
As we can see price touch resistance3 times and create triple top here. Also in day timeframe we can see a bearish candle with purely indicate a down fall is coming.
If break the level of 1629 with good volume then we can see a good downfall of 100 points till 1518 level. maybe it takes retracement at level of 1629 and after that a bearish candle's confirmation...
Go Long above 3568.9 for Targets of 4070, and 4389.7 with SL 3295.3
Reasons to go Long:
1. On a Weekly timeframe the stock gave Trendline breakout.
2. If we draw the Fibonacci retracement tool from the swing low (point A) to the swing high (point B) then we see stock took support from the 0.5 Fibonacci level.
3. Also a bullish candlestick pattern Bullish...
Go Long above 488 for Targets of 511.8, 535.6, and 559.4 with SL 464.2
Reasons to go Long:
1. On a Weekly timeframe the stock gave Trendline breakout.
2. If we draw the Fibonacci retracement tool from the swing low (point A) to the swing high (point B) then we see stock took support from the 0.618 Fibonacci level.
3. Also a bullish candlestick pattern Bullish...
Go Long above 965.1 for Targets of 1044.7, 1124.3, and 559.4 with SL 885.5
Reasons to go Long:
1. On a Monthly timeframe the stock gave Trendline breakout. The stock was initially facing resistance from this trendline but now is taking support.
2. If we draw the Fibonacci retracement tool from the swing low (point A) to the swing high (point B) then we see...
- GOLD IS CURRENTLY TRADING AT A WEEKLY SUPPLY
- Before initiating shorts wait for retracement back to 2055-2068
- I think that can be a safe swing short
- Wait for the short base to get matured and then the targets could easily range from 1950-2000
- Avoid trading FOMC and other data days
- Dxy currently looks bullish
- I am waiting for a retracement if not we can see DXY mitigate its overhead supply
- DXY can take out some more bullish momentum post that we can see some downfall.
- We are in a mid-range don't trade aggressively.
Nifty spot 21700
30 mins time frame
Pre assumption of Abcd pattern formation
Index have retrace around 78% of previous low swing,
now if not able to move above previous life high levels than there is probability that it will follow harmonic formation..
can give good retracement
Keep watch
Hello Everyone. I have provided nifty trades and targets above. The market was in a very tight range the previous day. Let the resistance or support range break with 15 15-minute candle before going for any trades. Its expiry day so trade on confirmation only and do not go for hero to zero trades as it most of the time leads to loss of capital. Book profits every...
Glaxo meets has been performing consistently well in past few months time and might pause for a while it seems. It will either be time correction where it will remain in same level range for some time or price correction like a retracement of the price after the impulsive move.
Eventually long term trend seems positive but in short term like a daily timeframe it...
