The past week saw a muted action during the first four sessions. The euphoria of soft landing on the moon triggered a spike past 19460 hurdle and saw a high of 19584, but only to be sold-off back towards the lows of the week. The selling pressure is expected to continue till we see a spike above 19520-640 range on a closing basis. The Index made fifth bearish...
Gold Near 1890 Support:
When people refer to gold being "near 1890 support," they are likely talking about a technical analysis concept. In technical analysis, support is a price level at which a financial instrument (in this case, gold) has historically had difficulty falling below. If the price of gold is approaching the 1890 level, it means that historically,...
📈📊 Ready for some precision trading? Here's today's scalping zone for #BankNifty! 💰💹
🚀 Scalping Zone: Keep a close eye on the 15-min chart bankNifty 🔍⏱️
🎯 Targets: Quick, nimble trades aiming for small gains within this range. 🎯💸
🛑 Caution: Tight stop-loss and stay vigilant for sudden market shifts! Risk management is key. 🚦🛡️
Let's seize those short-term...
📈📊 Ready for some precision trading? Here's today's scalping zone for #Nifty! 💰💹
🚀 Scalping Zone: Keep a close eye on the 15-min chart of Nifty 🔍⏱️
🎯 Targets: Quick, nimble trades aiming for small gains within this range. 🎯💸
🛑 Caution: Tight stop-loss and stay vigilant for sudden market shifts! Risk management is key. 🚦🛡️
Levels Mentioned On chart.
Let's...
Nifty also closed in the green today but did not have as much momentum as BankNifty today. The first divergence happened in the opening 1 hr where Nifty gave up 0.43% ~ 83pts even after having a gap-up opening. The real reasons for a gap-up opening was not clear as the Global hand-out was not that positive.
Traders including me were looking for breakdown...
📈 Symbol: AMBER
📅 Timeframe: Daily
🎯 Entry: 2575
🎯 Targets: 3007,3406,3833
🛑 Stop-loss: Below 2444
Introduction:
Greetings traders! Today, we're presenting a compelling trading opportunity based on a Rounding Bottom pattern breakout. Our selected stock is AMBER, and we're aiming for impressive price targets at 3007,3406 and 3833. Let's dive into the details of...
BANKNIFTY seems to be forming a Head and Shoulders reversal pattern at its peak. If it breaches the neckline around 44500, a considerable downward movement could follow, potentially targeting the next support at 43300. The projected target of the H&S pattern hovers around the 42800 region.
Adding to the bearish sentiment, both the 10 and 20 EMA are trending...
Nifty 50 Today's sharp recovery The recovery could be possible because of the RBI meeting on 10 Aug so some profit booking is seen before the expiry day.
1. Profit booking.
2. Failed the head and shoulder pattern.
3. Major support shifted to 19400 .
4. Major resistance 19750
5. Character of the market is changed, Breakout is not shown and retracement is...
Bank Nifty weekly Analysis For 31-07-23.
Bank Nifty Daily trend is Bullish, but Hourly trend shifted to Bearish.
Bank Nifty has given a breakdown of 45600 and Below 45600, XABCD Activated.
Below 45600, Reversal of Trend and Targets on Downside are 45060/44900/44600.
45780-45900 will act as Resistance.
Long only Above 45900 for Targets of 46100/46300.
Verdict:...
Good Morning Traders, i hope you all will be doing good in trading. On friday our sensex hero zero trade has done really well, i hope you all will have made good profits.
Let's focus on today's Nifty analysis.
As i discussed earlier that was not a proper bullish flag pattern, but on thursday it has given huge momentum, and we also shifted bullish side that day....
The structure is shifting to the upside after 4 months of consolidation.
Breaking out of the Cup with a shallow handle, taking the shape of a bull flag on LTF.
Good volume expansion.
Disclaimer: This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Technical Analysis Reveals Bitcoin's Multi Time Frame Analysis Points to Strong Bullish Rally
Bitcoin's Weekly Time Frame Analysis Reveals Inverted Head and Shoulder Pattern
Bitcoin (BTC) traders and analysts are buzzing with excitement as a comprehensive multi time frame analysis reveals a strong bullish trend for the leading cryptocurrency. By examining...
Long PTC stock for the target 140+. Stock forming HH & HL. Entry after the BO of TL. RSI shifting above 60. High probability that stock will move upside. This is for your educational purpose only.
Venus Remedies CMP 287 already nearing 50% move from 197-287 in 2_3 months approx Multibagger in making long way to go Supprts shifted to 210 now Target 347/380/410/475/520/580/635++
Hello traders! We have identified a potential short opportunity in crude oil from the level of 6000. Here's why:
1️⃣ Technical Analysis: The price of crude oil has recently reached a key resistance level around 6000, which has historically acted as a strong barrier for further upside movement. This suggests that there might be a reversal in the near term.
2️⃣...
