If you're looking for a potential short trade setup in Nifty, using price action analysis could be a useful approach. By analyzing the price movement on the charts, you can identify key levels and patterns that may indicate a potential trend reversal or pullback. One possible short trade setup could be to wait for a bearish candlestick pattern to form at a key...
CMP 232 , Target 165 , Looking at the current structure of bandhan bank , expecting to touch 165 . One can trade 200 PE options march expiry or sell futures at CMP
As per my insights, we will see BTC below 26k tomorrow evening. For more updates, comment down your insights.
FX:USDCAD Good to short . Long-term trade. Hold till tp for more gains 🚀
FX:AUDUSD Good to short . Long term trade. Hold till tp for more gains 🚀
M_M Looks Bearish on Daily timeframe. M_M has given a fake move upside, where it did not sustain. This has caused a reversal move in M_M, and it can probably take out the Strong Support zone as it has been tested multiple time.
if you see btc is coming towards this zone which is $27600 short position are quite stable and less risky appear from there , this is not a financial advice check link in bio
The stock is trading between lines, now again at the top level. if it breaks the channel may be bullish in coming sessions. Please keep it on the radar. Only for learning and sharing purposes, not a bit of trading advice. All the best.
Short Position - SUNDARAM FASTNERS CMP - Rs. 982 Target - Rs. 800 . . Technicals - 1) Harmonic Pattern - Navarro 200 . . Follow me for more!
I have been mentioning about the iminent sell off in the IT sector in the last few posts. Technically Elliot wave 5 has started in IT stocks. The bull run in the last 2 or 3 weeks has created enough liquidity for institutions to sell their IT stock holdings. Shorting LTTS for a target of 2800.
Chart patterns look impressive and paves way for the above titled opinion REASONS 1. KOTAKBANK has been trading inside ASCENDING CHANNEL(Bright red and green trendlines) taking support and resistance at perfect levels till now. 2. Currently it is going under the down swing move inside the ascending channel . 3. In daily time frame , it looks like...
Short bank nifty near 40000 levels stop loss 40150 for targets of 39750 39350
It's important to note that the behavior of the GBPUSD pair can be influenced by a wide range of factors such as global economic conditions, political developments, supply and demand, and market sentiment. Therefore, it's important to do your own research, analyze the market conditions, and consult with a qualified financial advisor before making any investment...
Hello Traders! 1. We see a clear 5-wave impulsive move forming a leading/ending diagonal. 2. It could be Wave 1 or Wave A. 3. Targets and stop have been marked on the chart. Do use proper risk management. Happy Trading! Profits, Market's Mechanic.
Attached: TITAN Daily Price Chart as of 22nd March 2023 Price has triggered a SELL Signal today on account of the following reasons: 1) Hidden Bearish RSI Divergence as RSI puts in a Higher High but Price puts in a Lower High 2) Price has come back to Retest a Prior Support Zone which now can act as Resistance 3) Dow Theory Structure of Lower Highs and Lower...
It seems that nifty50 may fall from here... according to me the SL should be 17202.95 and TP is 17031... lets see...
ENTRY TARGET SL Mention in the chart. ALWAYS TAKE TRADE WITH CONFIRMATION Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
Hello Traders! 1. Possible rising wedge in formation. 2. Sell below the Red Line. Do use proper risk management. Happy Trading! Profits, Market's Mechanic.