A week back observed that nifty trend was seen changing.
s3.amazonaws.com
This has played out nicely and the Nifty has formed an H&S, as well as there's a runaway gap left behind, which can be tested before scaling to 11k.
Nice 1-2-3 pattern?
Today we see the possible break of the shortterm uptrend. If this will be sustainable, a first TP could be the Fibo-Cluster. TP2 could be the former october- low. Below that level. we should see a shortterm selloff.
remember my longterm view:
s3.amazonaws.com
today:
Dear All ,
After So Long I am posting an Idea on TradingView Community So I urge All of you to give your full support by giving your Valuable Likes & Your Input on the Idea on Comments Box .
After Hit Call on M&M Finance , Chose Siemens Because :
(1) Positive Divergence with RSI
(2) Taken Support from Channel Bottom
(3) Good Volumes / OI Addition in...
This post is for my future reference only. The previous two secular bull markets made a 9.5 year low before continuing their secular bull markets. Currently this year with the consolidation we have seen, price could be setting up to make a low this November/December where after the low is in place, the current secular bull market would resume to make new highs....
Apollo Hospitals going through one of the classic WXY correction. If at all, the correction is done, it can start moving up (volumes are tentatively indicating). 1200 level to be watchout for the breakout.
In case more correction left. It can go for further complex correction, which will be WXYXZ. Like this:
s3.amazonaws.com
Dear Followers,
"After the long gap, I am back to tradingview with fresh ideas. Thanks to all beloved followers to keep following me."
Banknifty levels are mentioned on chart.
"Happy Trading"
Yesterday we saw a very bad dump in crypto market.
Btc dumped very hard. this was a breakdown from a short term symmetrical triangle.
But still it is in a triangle. So I believe market can reverse from this point.
But as you all know nobody knows what tomorrow will bring for us.
Invest at your own risk. profit is yours and loss is also yours.
Follow me to get...
Signals are generated using a proprietary indicator developed by me using Tradingview Pine Script ( and ).
My posts here are delayed. To get real time updates take subscription for TrendShikariNTS.
Signals are generated using a proprietary indicator developed by me using Tradingview Pine Script ( and ).
My posts here are delayed. To get real time updates take subscription for TrendShikari NTS
NSE:NIFTY
Technical analysis:
1. Nifty took support at 50 DMA
2. If you see Fibonnaci retracement, it retraced upto 38% and turned back on higher side
OI data analysis:
1. It respected 11400 where we had highest OI in PUT side.
2. Yesterday we had equal number of OI on 11500 PUT and CALL but at the end Bulls has won the game. Heavy PUT writing is seen...
Signals are generated using a proprietary indicator developed by me using Tradingview Pine Script ( and ).
My posts here are delayed. To get real time updates take subscription for TrendShikari NTS.
NSE:RELIANCE has been on nice uptrend for the last few days, but looks like it may need to correct a bit before further progression.
The 20th candlestick has gapped up and with low volume. This pattern also seems to be a regular at the end of any uptrend for reliance, as can be seen on the circled areas.
The RSI has not increased proportionally since the last...
Another Good day with two calls.. pay attention the bottom and upper bands and see how price magically respecting it.. No complicated technical analysts required if you have YSG Magic Levels. You should follow them and they give you profits day after day.
Have a nice weekend.
We are Top Authors on Tradingview .. Thank you all for the support.. Keep liking the videos
