This long position aligns with current market fundamentals and technical signals, offering a favorable risk-reward ratio for traders looking to capitalize on USD strength against the JPY.
as per the harmonic pattern and price action setup above the consolidation zone, prices should shoot up in ETHUSD. #bullishview
As we discussed, Banknifty, because of the event(election result) based trading, we are not going to trade. The fog is now clear, and we have which government is going to be there. Now, the market will be stable in 1 day or two. If we look at the chart now: The market had a massive fall yesterday because the election result was not as favorable as...
Symbol - EURCHF EURCHF is currently trading at 0.98895 I'm seeing a trading opportunity on sell side. Shorting EURCHF pair at CMP 0.98895 I will be adding more if 0.99280 comes & will hold with SL of 0.99800 Targets I'm expecting are 0.97745 - 0.97050 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading...
Symbol - GBPCHF GBPCHF is currently trading at 1.15600 I'm seeing a trading opportunity on sell side. Shorting GBPCHF pair at CMP 1.15600 I will be adding more if 1.15940 comes & will hold with SL of 1.16300 Targets I'm expecting are 1.14650 - 1.13920 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading...
Dear traders,daily support and resistance levels for nifty 05/06/2024 Important resistance level R1-22,244.10 Important support levels S1-21,996.45 S2-21,681.70
WTF as we can see HTF structure bullish and price makes HH & HL pattern and face resistance from HTF counter trendline 7150-7200 around.... DAILY TF consolidation in HTF demand zone LTF structure turns bullish n start making HL & HH.... on DAILY TF RSI N BOLLINGER BAND also support the IDEA... price may face resistance at 6550-6580 LTF supply zone,6750-6850...
#Optionbuyers #Niftyoptionscalping 1) Zones you always Like:- Green zone- institutional support Red zone - institutional resistance Gap between institutional zones is always of 100 points Zone making is helped by pivot points and Fibonacci Advance version of price action 2) Trade Execution:- Trade based on order flow data Timeframe - 1...
nifty , nifty future and gift nifty all got resistance from the tl also from the monthly level still trying to move down giving some important patterns and levels in comments section
Date - 1st March 2024 Rico has already breached All time high price level which was 114 Rs. Expecting huge target of 220 from current price 115 of Cup & Handle pattern. Wave Count also in Favour 5th leg on monthly timeframe is still remaining. for the safer side majority of your entry should be on retest that shown in chart. 5ema is also supporting on...
1. Yesterday, Later half of the market, price pull back happened from 200 ema, but the end cosing is quite uncertain 2. Blue highlighted area represents stong support 21500-21900 Price opening or closed below this area could unfold another 1000 point dowanward possibility. 3. What can happen, A. Sidways moment on this support area, untill we get clear picture...
1. After a good upmove stock is on a correction mode. 2. It is retesting the cip zone and also fibo 50%. 3. Chart looks good for further upmove. 4. We will look for a Choch in lower time frame for a entry with first target of 840 ⚠️Disclaimer: The views expressed here are merely personal opinions. Nothing mentioned here should be considered as advice or...
Huge selling was witnessed yesterday due to election results that did not align with exit polls. A big red candle on the daily chart broke almost all near supports of the last two months, breaking the support trendline and taking support at the daily demand zone of 45,661 - 46,330 (which was already tested once in the past). Support Levels: Near Minor Support...
Nifty will be gap up opening in today's session. After opening nifty sustain above 22010 level and then possible upside rally up to 22130 level in today's session. in case nifty trades below 21950 level then the downside target can go up to the 21830 level.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 47050 level then possible upside rally of 400-500 points upto 47450 level & this rally can extend another 400 points if market gives breakout 47550 level in todays session. Any Major downside only expected in case banknifty starts trading below 46950 level. also possible reversal...
Huge selling was witnessed yesterday due to election results that did not align with exit polls. A big red candle on the daily chart broke almost all near supports of the last four months, breaking the channel and taking support at the daily demand zone of 21,137 - 21,459. Support Levels: Near Small Support (Daily): 21,137 - 21,459 Far Support (Daily): 20,769 -...
As we can see NIFTY trapped everyone as analysed in our last analaysis. Now the index has gotten weak despite the win of NDA but if NIFTY manages to open inside the structure then we may see some bullishness else it could be more like sideways market today so plan your trades accordingly guys
NSE:NIFTY #NIFTY50 DAY Chart Analysis for 05- JUNE-24. 📰BJP is unable to form a stable clear majority government, so there will be an impact on markets 📰 👉Perfect Handling of markets before elections and Glitch in CDSL it was so perfect and flawless, after that massive fall by 5.93%. 🔹View: Biggest fall seen yesterday and still it is not in a mood for V...