AUDNZD Sell Trade opportunity Recently, the support level was broken and now we are waiting for the market to retest the resistance level that I have marked. If the market does retest the resistance level, it would present a good opportunity to sell.
We might still be in wave 4 of the Primary Elliot wave. US markets rallied last night, so we may expect a gap-up opening of around 100 points. 17220 - 17270 zone might act as a strong resistance zone (0.5 to 0.618 Fibonacci retracement of wave 3) Quadruple witching refers to a date when stock index futures, stock index options, stock options, and single stock...
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. Second target is calculated based on range calculation method in technical analysis. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering...
AUDUSD Sell Trade opportunity Currently, the market is on the Fibonacci 0.61 level, there is a bearish candle indicating that it is a good level for a retracement. I am expecting that the market will retrace to the next support level indicated on the chart.
Breakdown of rising wedge pattern , I will go short below 3700 . SL will be 3815. TP1 -- 3500 TP2-- 3370 it's for educational purpose only. Not a financial advice.
Consolidation is a phase when a stock or an index trades within a range. The trend is said to be sideways and may vary depending on the circumstance. Once this range is broken, it may lead to bigger moves, but until the range is intact, the movement cannot be clearly predicted.
Bank Nifty is at Crucial Support of 43000 Zone. In my view, Bank Nifty is more Bullish than Nifty in the Long term. 1. Bank Nifty Closed below 43000, But is still in the Support Zone. We can plan Buying based on Price action today and we can achieve a Good RR Ratio of more than 1:2 and 1:3. 2. If Bank Nifty sustains below 43000 and breaks the support trendline,...
NIFTY is at Crucial Support of the 18000 zone and today is the weekly expiry. Therefore we can expect volatility in the market and there can be Fake Breakouts. 1. Nifty closed at 0.5 FIB Zone and if it sustains there and crosses 0.382 FIB along with the resistance trendline, Will take a bullish entry on a proper retest. 2. If Nifty breaks the 18000 zone and...
NSE:JKPAPER This one is giving a breakout from what looks like an inverse head and shoulder pattern, which hints at continuation of the ongoing major bull trend in the stock. Breakout has been accompanied with good bursts of volume activity. Also, it has occured on a day where major indices and the broader market is considerably weak. Pattern targets come at...
Asianpaint on Short Side NSE:ASIANPAINT Cmp 3067-70 Below Day closing of 3060 100 Points Fall is awaiting here Main support is around 3070-3100 if Bulls give up then Fall is going to happen in Asian Paints simple Support Resistance analysis with Trend Analsysis
🔴DISCLAIMER ***** It's just for an educational purpose, So you must also follow your own technical analysis before taking up the trades ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
Price has been in a consolidation. we have created a nice optimum trade entry setup. I am looking for the price to tap in the unmitigated OB and continue downward
#ITDC On verge of breakout after long long time. Will wait for daily candle tomorrow and enter based on the momentum. Keep on your tracking list. #vr
#healthcare #healthcareglobal Healthcare global gave good breakout Looks good to go long with sl of 290. #vr
#IIFL IIFL Finance looks good on weekly charts. Will add on dips with SL of 410. #vr
USDCAD Buy Trade Signal it's reverse the market from the major support area and recently break the resistance area and make a very strong Bullish candle above its a very good opportunity to take a Buy trade with a good risk-reward target and the stop area is mentioned in the chart Always Use Stop Loss
#jbchem Looks good to go long with sl of 1950 (5%) #vr
#hindustanfoods Strong Super strong move after 21 month's Any pullback to be added with sl of 490 #vr