BTC 1TF :
keeping above "41.82$" price likely to head towards 44.3$ else the next shift on the downside would be 41k$ & 39k$ which further keep crypto sentiment downside on coming up week as well....
Short Market Report
Extreme bullishness in market. Gap up opening with no covering of gap and steady up move after gradual consolidation. Bank nifty opened and closed above 21dema and Nifty closed above 100 dema.
FIIs are still net sellers. Today's bullishness can be attributed to DIIs buying in cash. This lead to a short covering rally. Bank nifty closed above...
BANKNIFTY Intraday Trade Setup For 02 Feb 2022
Buy-Above 38620
Sl-38500
T-38900 39180 39530
Sell-Below 38200
Sl-38300
T-38000 37700 38600
BANKNIFTY showed 2 way move in budget session. Morning move was fantastic and gave 500+ points profit. Then a reversal candle shooting - star was formed and market took complete U-Turn below that candle. Second trading...
NIFTY Intraday Trade Setup For 01 Feb 2022
Buy-Above 17410
Sl-17375
T-17600 17800 18000
Sell-Below 17260
Sl-17300
T-17100 16800
NIFTY has just consolidated in today's trading session. After opening with a big gap up, NIFTY made a range 140 points. This range is very important for tomorrow's budget session. Before any big moment consolidation is good.
We will...
The AUD/USD has resumed its decline in Asia, despite surprised by the sharp rise in inflation data.
“Underlying inflation accelerated to 1% quarter-on-quarter and 2.6% year-on-year in the fourth quarter. Quarterly trimmed inflation was at its highest level since the third quarter of 2008, with annual figures For the first time since mid-2014, we are above the...
BTCUSD in the monthly chart showing the double top
and now the question is that. is this is an indication of btcusd to fall down or it will break the pattern and go higher from the past record or is it going to shift more downward which no one expected! it will be a great time if it falls to take a bearish trade! we have to wait for the confirmation to enter in trade !
BANKNIFTY Intraday Trade Setup For 19 Jan 2022
Buy-None
Sell-Below 38090
Sl-38200
T-37900 37750
BANKNIFTY has shown a V Shape move in today's trading session. Our buy level was 38300 index hit all target in buying side.
We are completely in a range since last six days.
Range is 39000 in Upside and 38000 in downside.
This range shift will give us a trendy move...
IFCI(Cup & Handle)
The stock is ready for the craziest breakout. IFCI is forming cup & handle pattern since very long. The cup & handle pattern are already formed as of now. We can also find pole & flag pattern which gives us double confirmation of a bull run. The stick is at the neckline & at very important level. As per my view RSI range shift is also found...
CAN INDIAN AIRLINES’ DEFY THE ECONOMIC PRINCIPLES?
BACKGROUND
A lot is being talked about the launch of Akasa Air and the potential relaunch of Jet Airways. And why not, the Indian airline industry is witnessing something good in the form of the launch of what potentially has the capacity to be one of the great airlines.
I have been fortunate enough to have worked...
Looking at the chart in the lower time frame, it gives a good break out from the trend line on December 31st, 680. Give 9.3% up move also powering bank nifty. On a daily chart, it is nearing major resistance as you can see, and also a fib line as well. If that is being broken, we can expect a quick up move again or a drop.
While looking at the overall market...
The Radhakishan Damani-promoted retail chain recently shared its quarterly business update with the stock exchanges, wherein it revealed that its standalone revenue for the quarter came in at Rs 9,065 crore compared with Rs 7,432.69 crore in the same quarter last year, up 22 per cent.
DMart operated 263 stores as of December 31, the company said in a brief...
Hi everyone, Bharat forge short term swing trade consider buy above: 746, target: 842, stoploss: 731.
LOGIC BEHIND TRADE: Stock has recently bounced from it`s daily support & given breakout of it`s resistance buying on pull back stock also formed (W) pattern, if sustains above 746 stock can test it`s all time high (target identified from harmonic xabcd pattern...
DATA DRIVEN ANALYSIS OF NIFTY & BANK NIFTY FOR THE WEEK ENDING 31-12-21
This is a new weekly post/series where I will briefly capture the key highlights of the 2 leading indices. This post is supported by a video that takes you through the details of how I have arrived at the analysis. I encourage you to view the video as well since not everything can be captured...
Flagbreakout going long above 1210. Being a volatile market i'd only buy half here and add more once it makes an all time high above 1275.
This stock wouldn't be a trade but a chance at a longer term investment so the SL would be deep.
SL would be 1089. Once the 2nd buy is made shift the SL to 1200.
DATA DRIVEN ANALYSIS OF NIFTY & BANK NIFTY FOR THE WEEK ENDING 24-12-21
This is a new weekly post/series where I will briefly capture the key highlights of the 2 leading indices. This post is supported by a video that takes you through the details of how I have arrived at the analysis. I encourage you to view the video as well since not everything can be captured...
Good Morning!
Just as we had very clearly stated in our Morning Mantra update yesterday, that it’ll be a good sign for the Market, if somehow Nifty manages to sustain above the level of 17000 for the first 2 hours of the Market. Fortunately, we did very well witness it yesterday itself, that after consolidating for almost 6 hours, the index was successful in...
If you shift to 2 hr time frame you will notice that market is in a falling channel making lower lows and lower highs
Market also making reversal patterns at either ends of channel so while creating a position and anticipating reversal this analysis can help to arrive at a better decision.
