FinNifty Weekly Expiry Analysis
Between the last expiry and today, Finnifty has only fallen 0.21% ~ 41pts. From a headline level the fall of 1.83% ~ 365 pts and its recovery is not obvious. Moreover FinNifty has respected the support level of 19421 and is trading at a safe distance from it.
As it stands Finnifty is not showing any directional sentiment, this...
A bullish flag and pole b/o has been confirmed on daily chart of NSE:CAPLIPOINT . Here one can create a fresh position in the scrip. Buy@840 SL@800 TGT@880/920/960
The risk to reward ratio is 1:3
Exit the position if the stop loss is triggered on DCB.
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Hi,
An inverted Head & Shoulder is visible on the daily chart of SBIN. One can look to create a fresh Position in the scrip.
One can buy the scrip at around 596-600, SL@584 and Targets are 610/620/630
The risk to reward ratio is 1:2.5
Exit the position if the stop loss is triggered on DCB.
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Hey Pivster's
NSE:BANKNIFTY having a beautiful and smooth weekly pivot auction chart where you can see the "support" (WH3-MH3 zone) turned into "resistance" alongside the Weekly Bearish GPZ setup.
A brief synopsis for BankNifty:
-> We see a gap-up opening in the month of July'2023 with the first 30m candle close above WH3 and MH3 zone.
-> After making a...
Bank Nifty Monday Prediction.
Bank Nifty is on an important level of 44884, which a 38% of FIBONACCI Level
Possible next Target are 50% - 61%
50% - 44595
61% - 44345
The price is continuously breaking Demand Zones, which means we are in a downtrend. When the demand zones are weak, the supply zones gain strength.
Thus, Sell near the supply area. Its not a set and forget trade. Waiting for lower timeframe structure is key.
I expect NSE:BANKNIFTY to open Flat or a small Gap Up.
It might retest today's last swing and fall upto
Target 1 - 43530
Target 2 - 43360
-If market is opening Gap down near T1 , Reversal trade can be planned till our entry zone.-
My levels and views change depending on market opening ...!!!
Trade or invest according to your analysis. This is just...
I expect NSE:NIFTY to open Flat .
It might retest today's last swing and fall upto
Target 1 - 18225
Target 2 - 18160
I 'm expecting a reversal back up from T2. as it might retest 'W' pattern which I strongly believe in.
- If market is opening Gap down near T1/T2, Reversal trade can be planned till our entry zone. -
My levels and views change...
Fin nifty is forming a head and shoulders pattern and it can go up to 19277 as par the pattern. Better to be neutral and trade with the market direction.
BUY Above 19480(FINNIFTY 19400 CE) Target 19540,19627,19692
SELL Below 19373 (FINNIFTY 19300 PE) Target 19336,19297,19256
finnifty looks like gaupup opening and from there it can fall and take support at 19450 level and bounce from there.
BUY Above 19540(FINNIFTY 19500 CE) Target 19579,19623,19692
SELL Below 19445, (FINNIFTY 19500 PE) Target 19386,19337,1927,19256
Finnifty Support and Resistance levels where the buying and selling pressures are Expected to be strong
Resistance Levels
R3-19482 -72
R2 -19330 -15 -Short Below 19310
R1-19255 -45 - Short Below 19240
Support Levels
S1-19165 - 75 - Short Below 19165
S2-19095 –105
S3-19030 - 40
S4-18970 - 82
Importent Signal...
Price action patterns are hidden ... All you need to do is to identify them
This pattern is broken in the last trading session and i'm no ware expecting a retracement at this level
If we did get to see a retracement point it could possibily be around 17800 ish..
always remember .. Identifying pattern is different and trading the pattern is different.
Once you...
AUDCAD is making a great setup here , it may rebound from here as it's a strong daily support but if broken down and retest could be great idea for taking a short position here . Always lookout for a fake breakout .
Be patient
Take position only when you get confirmation or follow me to get updates on this idea . Get the great entry here
EURGBP testing the trendline while it has already broken in OCTAFX broker , check it out with focus
Take a long postion with a risk/reward ration of 1:3 .
Also COT data is in favor:-
EUR - 163,338 Net positions
GBP - 2,398 Net positions
While many short positions has been closed in GBP , but it still may go long before a reversal
AUDJPY has tested the resistance and got rejection from there . There is 4 hr trendline and breaking it can lead to our target which is shown in the chart . Take entry only after confirmation . Stop loss can be put above high's .
PNB--Hourly chart --intraday setup --31/03/2023
TECHNICAL OBSERVATIONS .
1. Hourly chart trendline breakout seen
2. Hourly resistance breakout level seen
3. Above 24,35,200 HMA on hourly chart
4. CCI , EMA Cross bullish zone
5. ENTRY above 46.50 INTRADAY target 47-48 + Stop loss 45
6. Pullback of nifty and bank nifty at hourly chart .
** THIS IDEA...
![AUDJPY: AUDJPY Short Analysis [ Setup ] , Sail it or lose it](https://s3.tradingview.com/7/7RHsA7xX_mid.png "AUDJPY Short Analysis [ Setup ] , Sail it or lose it")
