Sensex has felled by almost 200 points from the past 1 month. It is just moving almost in a SIDEWAYS trend. Is this happening because of the excessive valuation of sensex ??? Acc . to RBI the valuation of SENSEX AND NIFTY are higher than expected. Is this the cause of this SIDEWAYS/DOWNTREND ??
300 point range in nifty, since 3rd of June, tries to escape either side but fails to break it! Opened a short position today morning seeing a negative candle + doji! Turned out to work in my favour!
Once it’s breakout the box then you can entry tgt as per pivot pnt
AARTI IND LOOKING BULLISH .... TRADE ACCORDING TO UR RISK MANAGEMENT
Havells on near break out ema 20 also cross over but volume confirmation is not good do kindly wait see but add in u r watchlist This is for educational purpose only be trader be educator ..👍🔥
GESHIP - 1 Day chart. history repeat it self .... potential long
Kindly add This stock with your watchlist
Three line I mentioned which is another another level support and the last support is a major support for this Wipro
been a very volatile week and defining a clear trend in the market is very difficult but for the next week (starting 12th July 21) we have a symmetrical triangle to plan our week ahead!
Overview: Banknifty opened on a range of support and resistance levels of yesterday and faced support of 34730 levels and bounced to test our level of 34893, It was the same movement as the day before yesterday hence the levels are intact. Again we have range in the market as the movements are not that great either due to illiquidity or volatility. Banknifty...
This stock has been giving massive returns since its day of listing and gave a good breakout on 2nd July. CMP= 2026.60 targets, entry price and SL are given on the chart! after achieving the first 1st target, trail your SL
This is the monthly chart of Sensex. A trendline is seen right from 2008; and current trend (from dec 2020) is taking support from this trendline. Also, current level is facing resistance from a crucial psychological barrier, which is the ATH (All time high) of sensex; 52537.89. This barrier is also a resistance point according to the Fibonacci...
Naukri breaking out of a descending triangle pattern on a daily timeframe. Has the potential to go till 5870 levels with a tight stop below 14th June candle making it a great risk to to reward for a trade
What do you think will it break out or break down... plss tell me in the comment box...