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NIFTY & BANK NIFTY Prediction For Tomorrow | 20 July nifty prediction,nifty prediction for tomorrow,bank nifty tomorrow prediction,bank nifty,nifty,nifty analysis,banknifty options for tomorrow,nifty tomorrow,bank nifty analysis,banknifty tomorrow,bank nifty analysis for tomorrow,bank nifty tomorrow analysis,bank nifty prediction for tomorrow,bank nifty tomorrow,live trading bank nifty,bank nifty outlook,live trading banknifty nifty options,bank nifty live,nifty tomorrow prediction,banknifty The purpose of this channel is to spread knowledge and awareness about the Stock Market for free. We do extensive fundamental and technical analysis and give recommendations solely based on our research. Topics covered : stock market india, stocks to buy now, stock market live, nifty tomorrow, share market me paise kaise lagaye, shares to buy today, shares to buy tomorrow, stock market for beginners, stock market news, full time trader kaise bane, trading for beginners, trading tips, trading, breakout trading strategy, breakout stocks for tomorrow, breakout stocks, breakout trading, breakout strategy, swing trading, swing trading strategies, swing trading for beginners, nifty, bank nifty, trading in hindi, hindi, how to stocks for beginners, how to trade, trading kaise kare in hindi, trading kaise kare, trading kaise kiya jata hai, trading karne ka tarika, how to start share market, how to make money online Disclaimer: We are not SEBI registered. All the content (videos, comments, posts, community posts, live streaming, etc) of this channel is for educational and informational purposes only, Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions.
NSE:BANKNIFTYLong
by BreakoutSignals1
UK inflation and 1.3170 need to vouch for GBPUSD bullsGBPUSD extends pullback from a 15-month high, marked the last week, as it awaits the UK’s headline inflation data for June, per the Consumer Price Index (CPI) gauge. The pair previously cheered the US Dollar weakness to refresh the multi-month high before the fears of British recession weighed on the prices. The upside momentum also took clues from a clear break of a downward-sloping resistance line from May 2021 and the 200-week SMA. However, the overbought RSI highlights a horizontal area comprising multiple levels marked since December 2021, near 1.3170, as the immediate key hurdle to cross for the Cable buyers to keep the reins. Following that, the pair’s run-up toward the January 2022 low and 78.6% Fibonacci retracement of its May 2021 to September 2022 downturn, respectively near 1.3360 and 1.3440, can’t be ruled. On the contrary, downbeat UK inflation data and a failure to cross the 1.3170 resistance can trigger the GBPUSD pair’s pullback toward the 1.3000 psychological magnet before highlighting the 200-week SMA support, close to 1.2885 by the press time. In a case where the Pound Sterling falls below the 200-week SMA, the previous monthly low of around 1.2760 and the broad resistance-turned-support line, near 1.2520, will be in the spotlight for the pair sellers. Overall, GBPUSD bulls are near the testing point as the UK inflation data looms.
by MTradingGlobal
NZDUSD crosses 200-EMA within bearish channel despite RBNZ inactNZDUSD jumps to a three-week high while piercing the 200-EMA even as the Reserve Bank of New Zealand (RBNZ) refrains from lifting interest rates for the first time since October 2021. It’s worth noting, however, that the Kiwi pair remains within a five-month-old bearish channel while approaching the immediate hurdle, namely the previous monthly high of around 0.6250. Should the quote manage to remain firmer past 0.6250, the stated channel’s top line, close to 0.6290, quickly followed by the 0.6300 round figure, will be crucial to watch as a clear break of the same won’t hesitate to challenge the yearly peak marked in February around 0.6540. On the flip side, a daily closing beneath the 200-EMA, around 0.6220 at the latest, can trigger NZDUSD pullback toward the 38.2% Fibonacci retracement level of October 2022 to February 2023 run-up, near 0.6150. Following that, a six-week-old rising support line surrounding 0.6085 and the 50% Fibonacci retracement level of near 0.6030 can test the Kiwi pair sellers. In a case where the quote remains weak past 0.6030, the 0.6000 psychological magnet precedes the stated channel’s bottom line, near 0.5930, to act as the last defense of the buyers. Overall, NZDUSD shrugs off RBNZ’s status quo and is on the way to challenging the bearish chart pattern.
by MTradingGlobal
BTCUSD in correction phase for long term uptrend.Elliott Wave Analysis : BTCUSD Swing Daily Uptrend, Intraday Downtrend Trendline analysis on BTCUSD. Trend Identification: Swing Downtrend BTCUSD . Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points. Price Behavior: Daily Bullish pullback with market structure. Targets: T1 = 27500, T2 - 26500. Check for Entry and Stop-loss. Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements. Confirmation Indicators: Elliott Wave Corrective wave C. Conclusion: Based on the chart wave analysis of , BTCUSD is Downtrend has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading! (Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
COINBASE:BTCUSDShort
by TraderJaggu
AUDUSD run-up hinges on 0.6700 break, market’s confidence in RBAThe odds of witnessing further AUDUSD upside appear dicey as a convergence of the 21-EMA and 50-EMA, around the 0.6700 round figure, challenges the bulls, together with the RBA’s inability to defend the hawkish bias. However, a three-month-old ascending support line, close to 0.6600 at the latest, limits the Aussie pair’s downside. Even if the quote drops below 0.6600, the late May swing high of around 0.6560 will test the bears before directing them to the yearly low marked in May around 0.6455. It’s worth noting that the MACD signals seem bearish and the RSI (14) isn’t impressive enough to lure the AUDUSD buyers. If at all the RBA offers another hawkish surprise and propels the quote past the 0.6700 hurdle, the aforementioned oscillators and 38.2% Fibonacci retracement of its February-May downside, near 0.6730, will precede the 50% Fibonacci retracement level of 0.6810 to challenge the Aussie buyers. In a case where the quote remains firmer past 0.6810, the previous monthly high of near 0.6900 will act as the last defense of the bears. Overall, AUDUSD is less likely to end up on the bull’s radar unless successfully crossing the 0.6700, as well as backed by the hawkish RBA decision.
by MTradingGlobal
USDJPY Downtrend AnalysisTrade Analysis : Swing USDJPY Downtrend Trendline analysis on USDJPY Trend Identification: Swing Downtrend USDJPY. Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points. Price Behavior: Daily Bullish pullback with market structure. Targets: T1 = 143.375, T2 - 143.00. Check for Entry and Stop-loss. Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements. Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows. Conclusion: Based on the chart analysis of , USDJPY is Downtrend has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading! (Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
Short
by TraderJaggu