overoll short term trend is down it generall traps the buyer by showing breakout but most of the time it fails and gives up simple and sure short down move so here is our plan
BankNifty Analysis BankNifty was perfectly neutral in trade today. I had a bearish call from yesterday but seeing the moves today it makes sense to switch back to the neutral mode. One reason why its not picking up direction would be attributed to the unavailability of information on the recent announcement by RBI. When the risk weights of consumer loans and...
Nifty Analysis Recap from yesterday: “So I would like to continue with my neutral stance till then. For bullish momentum to resume, Nifty will have to take out 19776 and 19875 in one go, but for a bearish signal a single support break would suffice.” 5mts chart link - click here The open was right at the resistance level of 19776 and interestingly the day’s...
Expected to have completed the rally from the low of 18842 on 27 oct and expected to be in 3 swing correction against this rally and expecting a decline before any further rally as far as it remains below 19005
Expected to have completed wave 5 of the impulsive move from the low of 4104 on 28 oct and expect a 3 swing correction against this rally. So expecting a decline in S&P before any further rally
Expected to have completed wave 5 formation and the entire impulsive rally from the low of 32332 on oct 28 is complete and expecting a 3 swing correction against this rally. So expecting a decline.
Stock running in correction wave. Target near 414 (wave c 100% correction) Stock create good volume base also break resistance. 242,234 good support to create new entry .
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Buy and Sale idea in nifty so be neutral in the market and wait for your setup.
Buy and Sale idea in banknifty so be neutral in the market and wait for your setup.
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Brodening Pattern 📌 Symbol/Asset: OBEROIRLTY 🔍 Description: Stock has given the breakout of pattern. We can see huge upside from here on 👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
As we can see the trend line breakout with higher volume we can go with long Ashok leyland 177 Entry SL 170 Target 178/181/187/197+++ Disclaimer: only for educational purpose, not an advice
Buy ICICI Bank above 924.5 and forget. It is 25% Hourly Level. William R% going above -79%
Introduction: The Nifty Pharma index has recently caught the attention of traders and analysts as it presents an exciting Elliott Wave trade setup. In this analysis, we will delve into the Fibonacci relationships that have been observed in the labeling of the index, providing insights into the potential trajectory of the pharma sector. Understanding the Fibonacci...
Latent View - Pure breakout on charts and long targets are 500-530-552-573-595-620-650-700++++
NSE:NIFTY near to completing a triple zigzag correction from the High of 18900 odd. Market retraced 50% of the previous Rally from June - Dec 2022. Retracing back to sub wave 4 of previous impulse. Momentum Divergence from RSI at oversold zone. A counter trend bounce looks imminent from these levels.
"Good morning, friends! As of November 21st, the global market sentiment is bullish, as indicated by the Dow Jones. However, our local market is showing a moderately bearish trend. It may open with a slight gap-up, or a neutral start, as the GiftNifty indicates a value of +60. There is no significant difference compared to the last session. Structurally, we can...
"Good morning, friends! As of November 21st, the global market sentiment is bullish, as indicated by the Dow Jones. However, our local market is showing a moderately bearish trend. It may open with a slight gap-up, or a neutral start, as the GiftNifty indicates a value of +60. There is no significant difference compared to the last session. Structurally, we can...