Asian paints giving another short opportunity, CP- 1596 TGT- 1430 SL- 1666 lets see whats happening.
Retest of major key level, re entry of the previous stopped out trade due to a bad entry.
this is going to be a very risky short . As market had already fall alot. but for the safer side we can check after 3-4 days for shorter opportunity unto 160rs
Broke a Major Daily Key level and retested it with a beautiful doji, also pulled very close to the 0.23 fibbs retracement level. Beautiful short Position.
HDFCBANK looks weak, might drag Banknifty and Nifty along with it.
Haven't published publicly for a while! Quick short idea on GBPCHF. Initially looking from a weekly perspective, I have made a top down analysis, focusing on the H1 timeframe for a potential entry this coming week. As illustrated the August '19 low is proving to be a key zone of support, turned resistance and again support at around 1.16750. The 2020 wick low...
PURELY TECHNICAL Optimistic View - Nifty retraces to 7500 and rebounds back to current levels to complete a double bottom formation before breaking resistance @ 8900, in which case the target would be 10,000 (Max Call OI). This will become the next crucial resistance level. Pessimistic View - Nifty retraces to 7500, either stays within 7500-8900 level or breaks...
Bitcoin has not been a good asset to common man as it always doing opposite, becasue whales manipulate it. Its hard to believe to some but i have always seen this since 4 years of my crypto market. Now here the Shorts and longs are equal since monday which was reason this is neither going up or down. And some smart people are just holding breath and watching...
Break and Retest of the Resistance and a beautiful Pull back to the 0.23 Fibbs level.
*A very strong Resistance @ 21200 which made a strong reverse pull candlestick to touch previous day close even surpassing the gap. *A well suited ABCD pattern which is supporting our decision.
GAIL Chart looks good for upside in the short term. Fundamental reason is forming a hammer on daily and weekly candlestick charts and holding up well in the falling market.
A Good Position to short due to the pullback towards the 0.3 Fibbs level and the candles being below the 90 EMA .
OANDA:XAUUSD A perfect position to go short due to the 3rd trend line touch and 0.5 FIB Level.
Last trade stopped, Short if 30 mclose doesnt happen above the line. very clear. Please use proper risk management