GBPUSD struggles to defend 1.3100 inside a one-week-old symmetrical triangle. Even so, an impending bear cross and failure to cross the horizontal resistance since late February during the latest upswing keep sellers hopeful. That being said, a clear downside break of the 1.3100 threshold, also comprising the stated triangle’s support line, becomes necessary for...
ZOMATO DAILY CHART - TREND REVERSAL SIGN 1. zomato has seen trend reversal last 2 trading session after sharp fall from 160 sub level to 75 level last 1-2 month stock consolidate at 75 - 90 level , 75 find as support and 90 as major resistance for this consolidation . 2. 1st trend reversal sign is MA , EMA Crossover around 78-80 level , 3, 2nd trend reversal...
Looking good support on weekly TF. One can make Long position on Hero Motocorp.
As seen in monthly chart of USDJPY, inverted head and shoulder is formed. Breakout above 127.50/128 with volumes will make it run to multi decade highs. Likely scenario: With current global inflation, BOJ is forced to abandon its yield curve control strategy, that brings the yen devaluation option to the forefront. God bless us all!!!
L&T INFO Services Rally continues next supply zone 5300-5400 price in channel if this negated then possible uptrend in continuation
Interesting to see $BTC trying to break out but definitely needs more momentum.
If sustains around this reason with decent volume then BUY around 1.3265 region with Stop loss 1.3255 and Take Profit at 1.3466
Trade details: Monthly tf: Market reach the all time fib extension levels (1.618). possible to came for correction. Weekly tf: sideways going on day tf: market reach the day support but, still it not change the trend to up trend, still we have a possibilities to sell Hr tf : day tf correction completed (0.328) and hr tf trend was changed.
Trade stratergy * Overall market was trading near the monthly support zone. and also market broken the demand zone in weekly time frame. * In day tf, market reach all fib extension levels, possible to retracement happen or continue the trend. but, market start the retracement and also continue the down trend. * How i identify the retracement completed? ...
#FRIDAY# #INTRADAY# @VK2413 NSE:RELIANCE { INDIAN MARKETS WILL BE OPENING WITH MINIMUM 1% DOWN (GAP DOWN ). reliance being one of 50 companies, its shares will be affected too. Today even a short profit booking will also can be seen in RELIANCE ! Targets, trigger-price, stop-loss are provided in chart! HAPPY TRADING ! } Fallow @VK2413 ,like👍SHARE❤️,✌️
NIFTY ON DAILY CHART technical indications. 1. Trendline breakdown seen nifty turn bearish formation. 2. RSI seen negative Divergence and lower low formation 3. possible bounce back from 16400 odd level . 4 . lower range of nifty at trading range 16200 and higher level 17500 nearest resistance 16800 5. unless 17800 break and close above NIFTY trend will be ...
34000 levels are being retested. 34400 provided resistance. 75mins timeframe . downward trendline of last two months has broken today. wait and watch for retest.
Eurjpy according to 15-minute chart there is a proper diversion and double bottom too so we can aspect this to move up / bullish around 150/160 pips
NZDUSD is in good point to move downward from here and if the war news not shift the market then we can aspect nzdusd to get bearish and hit our target of 140 pips
Understanding trades of banknifty trends for 25.02.2022.
Pin bar candle formed at bottom of the channel. Good price to enter with low as stop loss. Targets are in chart. Educational purpose. Trade on your own risk with proper money management.
Power Grid is moving in a parallel channel from past couple of weeks and now it is taking support from bottom of paralle channel . . . RSI is sitting at a lower level supporting long position . RSI forming a Bullish Divergence again supporting the long position Bullish Engulfing candlestick pattern at the support zone . . . Leaving the target to you guys...