Risky short trade. A red candle in yellow zone will only activate the trade. Else can be ignored. Can get few quick points in correction leg.
-->For the first time since 13/10/2022 Nifty has closed below its previous days closing "PDC" yesterday. -->Nifty has extended quite high without a correction and I'm expecting a small correction before its BIG BULL RUN. --> Why not BUYING today? -->Yeah we can also buy with todays low as SL and enter when market gives retracement towards days low and again...
Bitcoin is forming a double top pattern in 1h time frame.The pattern is already retested two levels.If the wave breaks the support 1,a short trade can be initiated with the risk to reward ratio of 1:3 as seen on the image.It can take retest the level of support 2 and support 3 as well,so be patient.Also,US fed reports are coming so market can be volatile.
Nifty is in narrow range since opening. 15 min candle breakout should give good target either side. For Upside 1;1 should be 1st Target and then trailing. For downside also same thing but can focus on gap filling also. BREAKOUT PLAN The breakout candle should close above the range (at least 30 percent of body) Then one can enter at candle close with SL below...
SBIN ready for upside or downside move, according to symmetrical triangle
Clean Science & Tech has formed head and shoulders patterns, which indicates a continuation fall atleast for 60-70 points, just for education purpose
lets see if we can secure this trade with at least 1:1 RR. SL of just 40 points . Candle close above 18020 will change every thing Until then its a good risk reward . Closing below 17940 will be considered as proper weakness then one can plan for positional trades. As of now not that much weakness but in smaller TF i have observed market breaking the structure and...
bitcoin follows DECENDING WEDGE when it break the wedge it follows the arrow which i drawn.
Natural gas formed a double top on 1hr chart now it is trying to go its previous low and she can see that level in the upcoming days. Disclaimer: These are not any recommendations for any funds or stocks and are meant only for educational purposes.
Nifty - We are looking at daily candlestick chart Observations - On 16 Sept Nifty opened gap down between 17877 to 17796 - coincidently Nifty 76.4% retracement level is also around same level 17777 - for 4 consecutive days Nifty is struggling at 17800 levels - With 1 hour's trade to go today volume is on a lesser side Given the conditions, fresh longs in...
Matic is forming a inverted cup and handle on 15m time frame. Short below the neckline with RR of 1:2.
ICICI Bank We are looking at daily candlestick chart pattern Observations - ICICI Bank chart reflects it made a gravestone doji on September 15, 2022 (indicates previous buyers were happy to sell at 936 odd levels) - subsequently we saw profit booking in the stock - now the stock is back at 920-940 odd levels - we see ICICI Bank still not making a decisive...
Bitcoin makes bearish harami candle in daily time frame(1D).If tomorrow,the market will open under today's low,a short trade could be initiated.
Diwali season is considered one of the best season to get your house painted. With festive season gone behind us, is Asian Paints losing it's shine ? Let us look at what chart has to tell us... We are looking at daily charts of Asian Paints The stock is seeing a lot of selling since it made a high of 3582 on September 28 - the stock is trading below it's 21...
In our July 2022 coverage, we had marked the red line zone as possible resistance zone and that is precisely what TCS has followed. It has fallen exactly from those levels - If we look at the broader picture, Since the beginning of the year, TCS has been trading in a classic down trend channel. Now with results round the corner, the stock is in the middle of...
SGX Nifty formed resistance around 18000 in daily chart. Two times it tried to break that resistance level but it failed to sustained & again it is testing that resistance. Strategy A: - Time frame: - 1H chart If nifty open gap up, look for high open. If high open same then sell. Strategy 2: Time frame: - 1H chart Wait for bearish pattern to form near...
USD/INR daily chart formed shooting Star. 1:1 Target on daily chart is 81.765. Also it formed negative divergence with double top.
im still bearish on nifty. though it looks bullish but waves says different view. detailed view has been shared on INDUSD follow the link below.