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.
Good Morning Everyone, Key levels on Bank Nifty -->Major Supply zone- 41700 - 42000 -->Fib Resistance zone: 41250 -->On Higher Time frames Major Support 39850 level -->If we observe the volumes on recent swing high i.e., 40700 We can consider this as a decent breakout indicating Bullish behavior -->Until we get a Closing below 39850 level market will...
A 15min candle close above 17560 will indicate a bullish scenario. Otherwise We can take the risk with a small SL All the details are mentioned on the chart only lets see if we can secure this trade with at least 1:1 RR. I am posting this for Live testing purpose. Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and...
Good Evening everyone, JSW STEEL on a Daily time frame formed a triple top pattern. The last one is all time high. -->After creating all time high came down directly and broke the last low before ATH (Horizontal Arrow) -->Observe the price action after that , Price hardly managed to go to 0.618 Fib level (shown on chart) ->Got rejected from that level and...
gold totally bear market short tgt 1600 or below no bullish movement
All the details are mentioned on the chart only Worth a shot with low SL lets see if we can secure this trade with at least 1:1 RR Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at momentum) and trail the SL. *Exit...
All the details and key levels are mentioned on the chart. Without sure confirmation don't enter long on the breakouts . False breakout and Sell off will be a major scenario. Managing the trade: If the trade goes in our way *Exit half Quantity @1:1 Risk/Reward Target and Shift to SL to cost *Exit Half of the remaining with 1:1.5 or 1:2 Risk/Reward (by looking at...
I know I know I know that price has formed a inverse head & shoulder and all -->But if we observe recent rally there is no profit booking and price is at major supply zone. --> We will get better RR ratio if we short here and if the plan works. -->So Idea here is Sell CMP @812-814 level -->SL - 820 level. Managing the trade: If the trade goes in our way *Exit...