Currently nuetral to shorting based on the sentimates... All the charts have taken support at 20 % fib retracemnets at a longer picture so it can go till 38% and pull back
Buy above 958 and sell below 970 for a target of 902
Currently short and major support at 2020
Nifty just took a support at 20% retracement at a long run. So, Looking at the volumes and sentiments it will still going down to the levels of 10500 and 10100 and then it can pull back. Also in case if the cross resistance line is broken then we can see some sideways movement and then a breakout
simiar to NASDAQ, it too needs ti sustain above 20 september highs to turn Bullish from curent bearish trend If one Observe carefully, they will find that despite the counter breaching 20 and 50 EMA levels, in last 3-4 cases, despite there was no NEGATIVE crossover like its seen recently thats worrisome
In the Weekly Chart of SYMPHONY , we can see that; it has multiple rejections at 920 level and now it has formed a hammer candle. Enter on breaking Hammer candle's High with Low as SL. After entering hold at least for an year for better % of returns.
In the Weekly Chart of HGS , we can see that; it has made a Decision making candle. Possible momentums are shown in chart. Enter on breaking decision making candle's High with Low as SL.
In the Weekly Chart of SANDESH , we can see that; it has formed a Hammer candle on Support. Also, it is forming a very big Cup & Handle.
In the Weekly Chart of DCMSHRIRAM , we can see that; it has multiple rejections at 1100 levels. Also, it has not given closing above 1100, but Price action is strong for big momentum. Also, 1200-1250 levels is respected multiple, Once it reaches there it might halt for 2-3 weeks. Expected momentum is shown in chart.
In the Weekly Chart of CLEAN , we can see that; it has given multiple rejections at 1510-1520 levels. Possible momentums are shown in chart. If it breaks Halt Candle's High we might see a 15-20% up move. Enter on breaking Halt candle's High with Low as SL.
In the Weekly Chart of ACC , we can see that; it did not give Cup & Handle breakout. Possible momentums are shown in chart. If it breaks Cup & Handle we might see a 15-20% up move.
In the Weekly Chart of DEEPAKNTR , we can see that; it has given Trendline failure and decision making candle is formed on W breakout trendline. Enter on breaking decision making candle's High with Low as SL. Possible momentums are shown in chart.
In the Weekly Chart of NAUKRI , we can see that; it is at very interesting stage. it has again come on same support level. Let it form a hammer candle or show W shape recover for strong upward momentum. Possible momentums are shown in chart.
Thyrocare : 568.30 trade set up : one (buy at support with stop loss trade) 1. buy up to 560 2. keeping 520 as closing basis stop loss 3. targets : 608 / 666/ 710 / 750 / 810+ trade set up : two (buy at breakout with stop loss trade ) 1. buy above 610 2. keeping 570 as closing basis stop loss 3. targets : 666/ (710 handle measured tgt) / 750 / 810+ (cup...
Gold Analysis Supply and demand we are going to the nearest demand area and price might bounce from there
In the Weekly Chart of DMART , we can see that, it has halting in same place since 2 weeks. It might retest the Trendline and then show an up move. Expected momentum is shown in chart.
after red big candle on weekly...i dont know yet where it will go to for intraday or scalping...i make a little notes about it...maybe can be your guide for XAUUSD scalping trade... TRUST ON GOLD...