#WOCKPHARMA Cmp 515 515 acting as support lets wait for the closing🤞🤞 Trade as per your conviction Just for educational purpose.
Only price action trading using support and resistance keep learning
So here is an analysis of another index 'SENSEX'. Let us understand price action of SENSEX in detail! (OPEN THE CHART FOR BETTER UNDERSTANDING) Firstly, if you have a look at the second last (green) candle here, it is clear that this candle was not able to sustain above a major resistance line (yellow line). Secondly, today the price shot up the major resistance...
I HAVE SHARED THIS CHART LAST NIGHT AND SEE IT IS EXACTLY MOVING IN SAME DIRECTION AS MARKED KEEP LEARNING #TRADINGVIEW
There is a very strong support for the BSE Sensex which has been successfully defended in multiple watershed points in Indian history 1) 1980, when Indira Gandhi came back to power. Mrs. Gandhi replaced a government which was seen as being more friendly towards US and corporates. 2) 1984, when Indira Gandhi was assassinated amid the Sikh extremist movement and...
Here is my analysis of SENSEX , NIFTY and BANKNIFTY. Market are weak and can go downside now. It's my own analysis it can be True or false. Analyze on your own before taking position. Comment to tell , ask or to suggest anything. Thanks.
ICICI Bank is moving down towards its demand zone and trendline. Can look to buy around 356-350 and SL of 335-330 with the target of 370-380-390. Do watch price action and market trend before taking the trade. Please Note - All the green lines mean the support zone/demand zone and all the red lines mean the resistance zone/supply zone.
ICICI Bank has broken its trendline and is looking bullish if remains above 350 levels. Do watch price action before taking the trade. Please Note - All the green lines mean the support zone/demand zone and all the red lines mean the resistance zone/supply zone.
Go for long if it gives a clear breakout. Follow.
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SENSEX Recession Chart Bear Market Layout - Elliot Wave Corona Virus has affected us and Economy a lot which I think will surely lead to a Recession, As in 2008 recession, Market had 63 % decline from ATH which lead to housing market crash. I think the same will happen again for next 2 years. Good buying level to enter the market for long term is around 21000...