Disclaimer: Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell. WaveTalks - Market Whispers: Can you hear them? Symphony, a notable player in the AC and Refrigeration industry, has experienced a turbulent journey in the stock market. After...
Key Points: Nifty Bank currently at 46000, a key resistance area. Previous attempt to break resistance resulted in sideways consolidation (distribution phase). Recent breakdown with volume suggests potential bearish continuation. Wait for pullback towards 46300 for confirmation and short entry. Technical Analysis: Resistance zone around 46000...
Side base range from 1839-1866. For swing trader don't enter here wait for 1878 range breakout. then we have a good target of 1900. Resistance: 1900 Nothing mush interesting this chart.
tesla is consloditiong in box its as both side potential to move for upside it will break its 200 ema so it more conform to get our target it is good for short term swing trade as well as investing !!!!!!!good_luck.....!!!!!!!!!!
JBM Auto Ltd is engaged in the automotive business that manufactures and sells sheet metal components, tools, dies & molds and buses including sale of spare parts accessories & maintenance contract of Buses. JBM auto weekly time frame in Consolidation Mode .Its Ready to break the zone Stock Price is Above 200 Ema Can Go Long
Range bound action observed in HDFCLIFE. Trading in ascending triangle pattern.
As we shared yesterday with you that btc can do sideways movement is geeting right because 31800$ is hard resistance for now and 27600$ is strong support now and also our fractal is indiacting that we are going in a sideways market till mid july to last august untill unless a good volume comes in market.
it is hanging above 20DMA. looks like inverted H&S on daily chart. if it doesn't sustain above 20DMA, we may see right shoulder. it is making lower highs and lower lows on daily chart.
Hi, This is my first idea on the TV. First thing first, BTC getting to 69k+ then coming back to 33k. Now BTC getting traded between a range of 36k and 46k. This range is very crucial for BTC because going below this range will initiate new downtrend till 28k and even 24k. Going above 47k or 48k will spark the bulls. Even though ongoing tensions around the world...
Base is building around 17000 - 16900 zone price tested 16900 and below in last 2 trading sessions and recoverd back to close above 17100, from here on we can expect sideways or bullish momentum. In case Nifty closes below 16950 then we can see further decline in index till 16600. As of now support is at 17000-16900 and resistance is at 17165 & 17417.
Heavy divergence on daily time frame? - Nifty Futures Correction? Sideways? Stock Specific movements? Indices Options Selling?
I think so it is now forming a kind of Flag pattern ! I don't know exactly about it But I think it is that kind of bullish pattern.
Now the Nifty Index is in consolidation mode after a strong bull run. Lucky for Option sellers indeed. ( Monthly Contracts) 1) We can execute Short Straddle near the All time High resistance or near to the immediate support at 17100 to 17000 (as per OI). Risky traders can go for Positional option buying (considering theta decay). 2)As its moving in a short range...
Sensex has felled by almost 200 points from the past 1 month. It is just moving almost in a SIDEWAYS trend. Is this happening because of the excessive valuation of sensex ??? Acc . to RBI the valuation of SENSEX AND NIFTY are higher than expected. Is this the cause of this SIDEWAYS/DOWNTREND ??
trade setup 1.buy above 2900 2.keep stop loss as 2750 3.target 3600+ short term buy