Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Hikal has broken out of downward slopping channel on monthly chart. Looks like the move could be till 700-750 levels. Currently at 0.50 levels on Fibonacci.
Nifty projection for today as per the existing support and resistance zones. The FED interest rates has already been factored in the index for the last three days. Since we got more clarity that there is a higher possibility of a 50 bps hike, Nifty will move upwards today.
"We can see that the level of 2560, which I identified yesterday, has been filled completely. Currently, the gold price is at... Pay attention to the buy entry: 2544 - 2548, everyone! Stoploss: 2542. If this order reacts strongly upwards, then move the stoploss to the entry point to break even and hold the position through today's FOMC."
Hello and welcome to this analysis With FED all set to start the rate cut cycle from today's FOMC meet, DXY is expected to enter the potential reversal zone (PRZ) of not one but two bullish Harmonic patterns, namely, bullish AB=CD and bullish Crab, likely forming a triple bottom in the weekly time frame. The PRZ is between 100 - 99.60 while the patterns would be...
After the big rally on Thursday we saw consolidation for couple of days, now we are good for the rally to continue upside. IT IS LONG with targets of 25800+. DYOR. Educational only.
On Tuesday, BankNifty opened with a gap up and traded within a narrow 200-point range throughout the day, closing at 52,188.65, gaining 35 points. The 15-minute ascending trendline mentioned in the previous post was broken in the first 15 minutes, but no significant drop followed, indicating that the bulls still have the strength to hold the index. The Weekly...
Banknifty trade setup. If it breaches 52300 level then it moves to its life time high.. immediate support at 51800.
Yello, Paradisers! Are we about to witness a massive bullish move in TIAUSDT, or will it break down and catch traders off guard? 😱 Let's break it down. 💎TIAUSDT has broken out of its descending channel and is in the process of forming a W pattern, which is increasing the probability of a bullish move. 💎However, for the bullish scenario to truly play out, we need...
- Chambal is currently trading at 519 - I am soon expecting Chambal to purge 530 as well - If you are late then it is better not to catch the breakout if your entry is not conservative - If you try longing after taking a confirmation from the breakout a Buy Side Liquidity trap will stop you out showing a bullish fakeout - So Avoid longing chambal when the party...
Following a significant consolidation phase for RAIN Industries that commenced in March 2024, recent trading activity has seen the stock close above the pivotal resistance level of 184 on the daily timeframe. This breakout is notable, as it not only surpasses a key technical hurdle but also signals a potential shift in market sentiment. The RSI has shown an...
ONGC Support and Resistance (MTF Analysis using magical levels) ONGC 5% Move aboe 306 (hourly closing ) with 1% Sl
NSE:BANKNIFTY ANALYSIS FOR TOMORROW 🔺 ❇️ IMPORTANT LEVELS 🚀 ❇️ Support: 52090-51977-51817 ❇️ Resistance : 52340-52555-52800. 👉🏻 PURPLE LINE : 52260 is a key level, above buying, Below selling. 👉🏻 @thetradeforecast 🇮🇳
- Axis Bank is currently trading at 1232 - Axis Bank swing long was posted a week back and now all my expected targets have been purged - If you are holding Axis try locking in a major chunk of your gains - I am anticipating that Axis Bank can soon start retracing now - Watch out if you are holding aggressive longs
- ACC Cement is currently trading at 2506 - ACC has moved up fair from my call out and now looks all set to move higher - But before turning extremely bullish make sure to factor in a conservative entry - We can see ACC approaching or retracing back to 2400-2420 - Timing and Location is everything when it comes to swings - Manage risk properly and just make...
CVNA Loves the MAs. This stock will scare you straight, and still have you rushing back for more. Patience and expiry are key here. I like January expiry on calls. Look at the chart and you'll see the bottom volume strength, as well as the buyer strength over sellers Looks good. NFA
Volatility Compression pattern development - 2 stages completed . We can expect another 1-3 compression patterns before real break out