Hi Everyone
Welcome to another trading idea, here we have usd/jpy which looks really bullish for like a month or two. if you trade in forex or wanna trade forex than this is the good bet.
If you need any clarification of buying area, please leave comment
Thank you
Hello Everyone
Here is another update from Trading Idea, few days back we have provided forecast of upcoming bullish cycle in USDJPY, so this is just the update of counts of cycle.
If you like the idea, than kindly boost and share it with others and help us.
Also if you have any query than don't hesitate to...
Hello Everyone
welcome to Trading Idea, today we are updating chart of gold or XAUUSD for traders. Here are the details
Gold is moving Up in Correction, So this is an Zig-Zag pattern
Currently we are in Wave-E which is moving Up
as price progressed, it will be clear where it will end.
Well there can be further up...
Hello Everyone,
Welcome to Trading Idea, here are the details-
# wave 2 is making an flat structure, will activate once we 19868 high
# 19230 area will work as a support.
# for more clarity short term cycles chart will help
i will update the intraday chart when the times comes.
Hello Everyone
This is our long term view chart and this is our view.
Notes
# Expect price to move up in upcoming week (1or 2) in form of wave (5) { our medium term cycle}
# After that you will see a correction in form of wave ((4)) {our long term cycle}
# Expect price to move up in form of wave(5)
Note- This is our general view , activation...
Hello Everyone
This is an update from our previous forecast which image i have attached below.
Notes
Wave (3) completed at the top
Now price will correct in form of wave (4), probably will make a flat pattern here, but we will see as price progress it.
Previous Forecast
Hi Everyone
This is just an follow up chart of our yesterday forecast. yesterday i indicated that price wave 4 correction will likely to end here and we move up in wave 5. you can see this in below chart.
Thank You
Stock is trading near ATH BO with maintaining supportive trendline, and stock has given BO on daily chart with massive volume, follow chart for proper entry and exit levels.
Nifty
- Important levels on Nifty spot for 09 May 2023
Imp levels on the upside 18343 / 18368 / 18401
Imp levels on the downside 18235 / 18208 / 18178
- Nifty rose 50 points with 0.25% rise in Open Interest. Before the Karnataka Election outcome, No signs of panic.
- Just before the Karnataka Election outcome, All 3 F&O major participants have a Net...
Look weak chart of IDFCFIRST BANK. Stock is always rejecting from the marked TL & forming lower low on regular intervals. Looking more bearish if stock BD the support level. Expecting 45-40 in coming days if support broken.This is for your educational purpose only.
SBIN
- The stock has seen a nice recovery over the last couple of days rising from the Budget day low of 499.35 to 567.9 today
Observations
- The zone o 560-580 is very important for SBIN
- Black Line of Resistance coincides with Yellow Downtrend Line at around 580 odd levels
- 61.8 Fib retracement level is also at 579.80
Making the current zone all more...
Nifty
As suggested earlier Nifty closing on last Friday suggested battle of Bulls and Bears still in balance. The importance of 17965 was highlighted... Nifty opened gap up exactly at that levels but Bulls are looking nervy as it couldn't sustain above that. The 2 hourly candles gave a close of 17959 and 17964
- Now On Hourly charts Nifty has closed below the...
Stock is at support levels. Buy at CMP and on dips towards 42.
Important resistance around 63-68. Once crossed and sustained, the stock may head much higher....
Take care & safe trading...!!!
Disclaimer
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision...
ICICI Bank
Every thing explained in chart itself.
Just to reiterate
- 868-888 may act as resistance zone
- Minor support at 835-840
- If that is taken out then downside possibility opens up once again for sub 800 odd levels
Given the setup one may consider to go for a Bear Call Spread strategy for Feb series
Sell 880 Call option
Buy 920 Call option
Profit...
Hello Friends,
What a run up in the end. people were anticipating a down move at the last hour and it went like a 🚀. what a great run. As discussed in the morning, if we sustain above 18325 for next 30 minutes we should not think about bear move. once it crossed it never came back to that levels. As per the chart, it was a day of breakouts many resistance in...
EURCHF Sell Trade Signal
Its overall sell trend recently failed to breakout the resistance level and make a very strong breakout on short-term support here is a good opportunity to take a sell with good risk rewards
Always use Stop Loss
