1.Started with a Daily Time Frame, the zone is multi level support zone which has been tested for more than 5 times.
2.Next we came to 4H time frame and saw the stock is in a down trend and hence looking only for a sell trade.
3.Later we came to Hourly , 30Min chart which gave us the important key levels for support and retests.
4.On 15 Min chart we saw the...
As shown on the chart, the double top pattern has occurred 3 times in the recent few months. Each time, the market has corrected significantly.
The entire second week of February, Nifty has been moving in a tight 200 point range, with buying coming at 15000 levels and strong selling at 15,250 levels. With the current levels of volatility and narrow contracting...
ADANIPORT is looking bearish::
::Inverted head & shoulder pattern is visible on chart::
Wait for breaking the support level to short..
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Disclaimer: I may or may not trade this setup. Always trade with risk management and RRR.
INDUSIND BANK :: Short
INDUSIND BANK is looking bearish on chart and this trade is looking very attractive with good RRR
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>>Do your own analysis or consult your financial advisor before taking any trade.
>>I may or may not initiate this trade.
>>Strictly for educational purpose only..
Gold against Dollar have the bearish outlook at the starting of the week, it has a resistance over at 1902 area and it has a bright chance to sell at the price of 1860 area..irrespective of longterm bullish view
analysis only for education purpose.
The price is in a ranging market. Price is getting consolidated.
The time will come when the price will break the parallel channel, we might get a confident target of buying or selling.
We should wait!!!!!
Sometimes it would not break the parallel channel and travels within if it touches the support line, it is a SELL signal and if touches the...