BankNifty differs from Nifty. It didn't have as much of a pullback yesterday. So, if the market opens with a gap-up, then we can expect the fib level 78% with minor consolidation. Alternatively, if the gap-up doesn't sustain, then we can expect an initial range market between the opening price and the fib level 50%. After that, if it breaks that range either...
Its bullish but not for long term prize can retrace and break avgs of minor wave 2 of 5 avgs should hold the prize for this view
Double Top in Nifty50, it can fall a little bit more (150-200 points) after that it will reach upper trendline and make fresh All time high
I daily make educational content videos for swing / positional trading
"Good morning, friends! Here are the directions for May 3rd: The global market is still maintaining the range, while our local market sentiment also indicates a moderately bearish trend. It might open with a gap-up start, as suggested by GiftNifty, showing an increase of +80. Nifty has been moving in a diagonal pattern. So, if the gap-up sustains, we could...
Hi traders, This USDJPY 4 hr Order block. According to smc concept we can see Buying from this level. if you see 15 min CHoCH is best for entry. Note - Only for education purpose If you like my anaylsis then you should like and follow me.
Bitcoin Update 03.05.2024 A.O.A And Good Morning To All Brothers And Sisters! Bitcoin Bounced Back As Mentioned in My Yesterday Analysis. Now As I Said Before this Can Be Just A Retracement. And At The End of Today Bitcoin Can Reach Our Weekly Reversal Point.(Red Arrow Path) Second Scenario: Bitcoin Can Continue up To Liquidate All Seller And Then Back To...
Break below 3800 will be very negative. The stock you see those levels on the chart.
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
#Bitcoin LTF Update #BTCUSDT bounced back strongly from the $56k support. - Key resistance at GETTEX:64K ; a break above is bullish. - Failure to break could mean testing new lows for the year. CRYPTOCAP:BTC
Indusind Bank CMP 1496 the sideways consolidation is a continuation of the fall from the highs. Hence in my view this will break down. Close below 1437 will be very negative as this correction will become very deep. Good news is tht it will an opportunity to buy and this is a bullish corrective pattern in Elliott called the zig zag.
#SOLANA/USDT Chart Analysis HTF Perspective: The SOLANA chart looks extremely bullish on the higher timeframe (HTF). A bullish Cup & Handle pattern is emerging, signaling a potential massive upward trend. Cup & Handle Pattern: According to my analysis, the Cup has already been completed, and we are awaiting the formation of the Handle. The handle's bottom is...
BPCL long term trend is looking bullish. Fibo between the golden retracement plus it has rejected & reversed the head & shoulder pattern along with macd crossover. Above the 100 200 EMA. Cant ignore this price action, 15% upside clearly visible in 4-6 weeks time. Follow the below levels. Target1 611 Target2 628 Target3 647 Target4 666 Target5 688 Target6...
According to the Elliott Wave Theory, the Elliott Wave Structure describes the pattern and arrangement of price movements in financial markets. Based on extensive analysis, it appears that the stock has completed wave 5 on the daily chart. A corrective wave (a-b-c) has begun. Currently, it appears that the first wave (a) of correction is over and the second wave...
Silver is at angular support in daily tf. bullish reverse divergence is also seen in daily tf where the price is making a higher low but oscillators are making a lower low. monthly time frame is positive, silver is showing bullish signs. 78596 is a strong support zone. study purpose. kindly do your own study before taking any trades.
Media is no fancy sector to trade/invest in but offers good risk reward once in a few years. Can this possibly be that time? On weekly chart (6 months to a year), SUNTV seems to be in Wave 3 that is heading towards 950 or 1.618 Fibonacci level as seen in the chart. Incase one enters at current levels (655), it will be fair to book some profits around 820-30...
weekly plan upside or down side direction will decide market. i am with market. wait for breaks and i will enter the trade pattern breakouts but i am intrested in short after breakout according to market behaviour. trade your plan and plan your trade. Thanks everyone
The Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure. The Elliott Wave analysis indicates that the stock has completed waves (i),(ii, (iii), and (iv), which are shown as blue numbers on the daily chart. Wave (v) appears to be underway at this time. It is anticipated that...