Attached: Daily Chart as of 16th June 2023 Holding above 182, a Target of ~ 200 is pending🎯📈 Rationale behind this Setup: - Observe Multiple Volatility Contractions as Price is forming a VCP - Strength on any Dip as it gets bought - Higher Highs and Higher Lows are intact - Price trading near 52 week high zone - PSU Banks are doing better than Private Banks so...
Nifty surely is out-performing broader world market,however it is loosing it's steam.I have tried to label entire raising sequence from 16900 low and it seems like we are in sub-wave 5(minute degree) of wave 5(Minor degree). On momentum front we are seeing negative divergence along with raising wedge like structure.Trigger point would be close beyond 18872-18555...
💎"Attention, Paradisers! KAVA/USDT (Kava) is currently showcasing a channel pattern, with the price touching the lower support boundaries of the channel. This pattern indicates a phase of consolidation and a potential window for an upward momentum. 💎The channel pattern is distinguished by two parallel trendlines that encapsulate price movements within a specific...
12 Jun 2023 1. World Markets are looking neutral to bullish. US and Asia is looking bullish while Europe is neutral to bearish. SGX NIFTY AND INDIA VIX 1. India VIX is below 12 indicating less volatility. SGX Nifty is indicating 52 points uptick at 18665. This amounts to 120 points uptick for bank nifty at 43130 levels. INDEX HEAVY WEIGHTS 1. HDFC Bank is looking...
Long trend with ascending triangle it can give you move both side, most probably long side if it breaks upside trend. if it opens at the same level where it left off and crooses over 44448, then you can go long , but keep in mind that between 44534- to 44506 is super strong resistance price may go down from here.but you can long with shifting sl to c2c asap.
It is happening everyday, even today. Banknifty went up 198pts in 25mts between 14.45 to 15.10, again a closing hour move! The last 1 hour moves in index is not something new now, I am still guessing many traders would have anticipated a directional move today! If we look the chart, the scope for that move was not there. What happened during the earlier part of...
in this pair i analyse the usd cad its major trend is also high and minor trend also shifts ti up so these is the only area from where u can look for buy
5 Key Factors Shaping US Dollar Trading This Week The US dollar is in the midst of a week filled with pivotal events. Together, these fundamental drivers hold the key to understanding the potential shifts in the US dollar's performance throughout the week: - US President Joe Biden announced that a bipartisan agreement has been reached to raise the US debt...
Trade Details: stop loos hit - Symbol: USD/JPY - Entry Price: 139.800 - Stop Loss: 139.560 - Target Price: 140.400 Rationale for Entering the Trade: You have decided to enter this trade based on two factors: recent quick movements in the market and the price being slightly above a support zone. 1. Recent Quick Movements: You have observed rapid movements in the...
Trade Details: - Symbol: USD/JPY - Entry Price: 139.800 - Stop Loss: 139.560 - Target Price: 140.400 Rationale for Entering the Trade: You have decided to enter this trade based on two factors: recent quick movements in the market and the price being slightly above a support zone. 1. Recent Quick Movements: You have observed rapid movements in the USD/JPY...
Weekly structure is bullish Daily timeframe has tested it's demand zone with positive feedback 4HR has shifted to bulllish structure
You can take the swing for following reasons : 1) Weekly Timeframe is in demand zone and in weekly structure 2) Daily Timeframe is also in demand zone and is tested daily structure 3) 4HR has also shifted to bulllish structure
Nifty has shifted his trend from bullish to bearish now in 15tf it can give good momentum to the down side from 15 extreme orderblock, target should be weak low.
On MACD and RSI stock is showing extreme bullishness. Though stock moved from the initial buying point of 920 to 990 but volatility is very low indicating price action to happen. It is experiencing some supply at 1000 levels. Once it close above 1000 sellers will be taken out. Jk tyres and Apollo tyres are also forming bullish patterns, chances are not only they...
1) Weekly & Daily Timeframe is Bullish 2) After Long Consolidation Daily and 4HR has shifted the structure to bullishness
1. Trend is bullish in all TF 2. Bottoms shifting higher 3. Price trading at support 4. Risk to reward is lucrative about 1:4.3+
There is lot of imbalance on Weekly And Daily on the upside. Daily is also showing & shifting towards bullish and has its structure towards bullishness.
Weekly and Daily TF looks bullish. Structure has shifted in 4hr. Also note general is in a retracement phase it could impact negatively to this stock.