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Mighty Nifty - Sep 12Price broke the trend line and fall down nicely and now it is testing the support. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 24940. Stop Loss : 24900. Targets : 24980, 25020, 25060 and 25120. Sell below : 24860. Stop Loss : 24900. Targets : 24820, 24780, 24740 and 24700. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:NIFTY
by vanathi
BankexAfter the fall price is trying to find support. 57000 is another support zone. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 57320. Stop Loss : 57220. Targets : 57420, 57500, 57580, 57660 and 57780. Sell below : 57120. Stop Loss : 57200. Targets : 57040 ,56960, 56840, 56720 and 56640. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
BSE:BANK
by vanathi
Mighty Nifty - Sep 5Price opened gap down and price moved up slowly. What will happen tomorrow? Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 25220. Stop Loss : 25180. Targets : 25260, 25300, 25340 and 25380. Sell below : 25140. Stop Loss : 25180. Targets : 25100, 25060, 25020 and 24980. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:NIFTY
by vanathi
3
Bank Nifty - Aug 28We had a volatile and choppy movement today. 51400 is acting as a strong resistance. 51000 is the support zone. Pattern : Rounding top. Range : Medium. Trend strength : Normal. Buy Above : 51440. Stop Loss : 51360. Targets : 51520, 51600, 51680, 51740 and 51800. Sell below : 51300. Stop Loss : 51380. Targets : 51220, 51140, 51080, 51000 and 50920. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:BANKNIFTY
by vanathi
3
Finnifty - Aug 27Price is consolidating after giving good up move. Sustaining above the current level is important to be bullish. Buy above 23420 with the stop loss of 23380 for the targets 23460, 23500, 23540 and 23580. Sell below 22340 with the stop loss of 23380 for the targets 23300, 23260, 23220, 23180 and 22140. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:FINNIFTY1!
by vanathi
Bankex - Aug 26For the past three days, price was moving in a choppy range and did not give opportunity for option buyers. Break out with strength can give good movement. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 58220. Stop Loss : 58120. Targets : 58320, 58400, 58480, 58560 and 58620. Sell below : 57980. Stop Loss : 58060. Targets : 57900 ,57820, 57720, 57640 and 57520. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
BSE:BANK
by vanathi
Mighty Nifty - Aug 22Price was moving in a wide range for two days and at the last hour gave break out above the range. Pattern : Consolidation. Range : Medium. Trend strength : Normal. Buy Above : 24780. Stop Loss : 24740. Targets : 24820, 24860, 24890 and 24920. Sell below : 24680. Stop Loss : 24720. Targets : 24640, 24600, 23560 and 23520. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. You are responsible for whatever you do.
NSE:NIFTY
by vanathi
2
AUDCAD: A Two-Step Short StrategyThe AUDCAD currency pair offers intriguing opportunities for traders looking to capitalize on potential short setups. As we analyze current market conditions, we can identify two distinct scenarios for entering a short position. This article outlines these setups and the conditions under which each becomes relevant. Setup 1: Initial Resistance Level (0.92056 ~ 0.93314) Current Market Overview The AUDCAD may approach a critical resistance level soon. This level has historically shown strong price rejection, and if it continues to hold, it could provide a prime opportunity for a short position. The resistance level in question is situated around , where price action has previously faced significant selling pressure. Trade Setup Entry Point: If the price fails to break above the resistance level and starts to show signs of weakness, a short position can be initiated. Given that this setup hinges on the resistance holding firm, it’s crucial to monitor price action closely. If the resistance level is breached, consider transitioning to Setup 2. Setup 2: Post-Breakout Strategy Market Context In the event that the price breaks above the initial resistance level, this would indicate a potential bullish shift. However, if the breakout is followed by a false move or if the price starts to consolidate around the new resistance level, a new short opportunity may emerge. Trade Setup Entry Point: Watch for signs of a bearish reversal after the breakout. This could include a rejection at the new resistance level or a bearish candlestick pattern forming. Conclusion Trading the AUDCAD involves careful observation and adaptability. The initial resistance level provides a clear point for a potential short trade, while the secondary setup comes into play if the price breaks above this resistance. By staying vigilant and employing disciplined risk management, you can effectively navigate these trade setups and potentially capitalize on the movements in the AUDCAD pair. As always, ensure to perform your own analysis and adjust your strategy based on the latest market conditions. Happy trading!
Short
by FxInvenstmentTM
1