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...
Gail first decline 1,2,3,4,5 second wave A,b,c Third wave down 1,2,3,4,5
market trend is strogly negative dont carry longs .
Current market position is very near to all time high of approximately 4-5 year, and forming a M shaped chart pattern, but we have to wait till market closed below 155, because it will reconfirm the downward trend, also RSI will indicate downtrend. Good trading day.
NIFTY What next ? So its small Effort to understand what will be trend likely in next week and this month .. Daily Chart triangle formation seen nifty trading at 17374 at closing today If you see upside triangle line ..breakout of this line will be upside nifty move towards 17600 and 17800 Level, if nifty fall downside triangle line which is 17100 level ..this...
Banknifty has been bullish inverse head & shoulder if it can breakout near few days or next week now you can see a continue rally and if should retest on breakout they move on higher high
Hello Friends Today Nifty fall as expected yesterday prediction. Tomorrow we expecting gap up or flat opening, if nifty want to follow trend line channel. If nifty still break trend line channel, then we go for put option because it indicate sideways or downward trend. Happy learning and happy trading...
Probability on Bank Nifty is as per the charts. Watchout for the trendline supports.
Nifty 50 - Simple trend analysis with support & resistance for the week.
Hello Friends, Budget day was not going as per our expectations but it's part of our field. so accept it and move on. Now we expected FII investment from tomorrow onward in Indian market because there are nothing negative in budget for FII's. Tomorrow may be nifty gives you big moves if FII's increase there investment after analysis budget. DII's continuously...
NSE:ITC its price channel pattern and given breakout with good volume and crossing rsi 60 gives good hope for long Note: I'm not a Sebi registered guy, Consult ur analyst before investing
NIFTY on Daily Chart trend reversal doji candle seen at todays closing.. Trend reversal doji heikin ashi candle ..found when trend set either bullish or bearish ..and traders indecisive about current trend. last few days nifty corrected around 1000-1200 points from high 18400 now at 17100 bottom was made around 16800 that trend was confirm bearish but last 1-2...