DFM:DFM I have posted two scenarios. Probability No 1 (Incomplete WXYXZ Correction) If Stock is in WXYXZ correction, then Stock has completed it's WXYX structure and wave Z is yet to complete. I think to complete wave Z of WXYXZ structure DFM stock has to go down below wave Y which is at 0.499. DFM will take time to complete this wave Z correction maybe a...
Lot of liquidity of buyer as been holding failed form higher higher , Lets hope for shot side and GBPUSD gave strong breakdown in base. Look for opportunity for sell.
"Good morning, friends! As of November 2, the global market sentiment is bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bearish trend. It may open with a long gap-down start because the Giftnifty indicates 150+. If it opens with a long gap-up, we can expect a rally continuation when it sustains (it should break the minor 78%)....
"Good morning, friends! As of November 2, the global market sentiment is bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bearish trend. It may open with a long gap-down start because the Giftnifty indicates 150+. If it opens with a long gap-up, we can expect a rally continuation when it sustains (it should break the minor 78%)....
"Good morning, friends! As of November 2, the global market sentiment is bullish, as indicated by the Dow Jones. Our local market is also showing a moderate bearish trend. It may open with a long gap-down start because the Giftnifty indicates 150+. If it opens with a long gap-up, we can expect a rally continuation when it sustains (it should break the minor 78%)....
This the C wave of the correction. This is the most devastating wave of the three. A double top is a directional signal and is asking u to take note. We also have a Doji right at the zone indicting reversal. RSI has reached the bear zone of 60-65 at this crucial resistance and composite is at resistance too. Fib analysis is indicating a deep correction. Be...
I preferred to post the NF chart rather than the NS chart from a Traders point of view. You MUST co relate the NF chart to the NS chart and all the levels will be clear going forward. I think this coming week will be pretty BRUTAL for the Indian Indices..... with levels of 18700-18760 possible to the downside. Position yourselves accordingly. To see the...
it is in slowly uprise trend which signify that it unable to penetrate previous lower highs (x,y,z). so looking for a buy at support and keeping my stoploss at previous lower high
Support for ICICI Bank has been marked with copper lines along with corresponding price tags. If this is not broken, buy with confidence and further swing levels have been provided on the chart itself. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your...
11:22 a.m. candle with price levels marked on the chart within copper horizontal lines created resistance for Reliance. So that should be taken as resistance until crossed. Swing Levels are also marked as on the chart. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for...
Swing Levels have been marked on the chart for Bank Nifty. 11:22 a.m candle yesterday created triple support for the Bank Nifty. However, it has got several gaps below this time candle and a great resistance above. There is no special candle for the Indian Market today therefore this candle, if broken should be taken as resistance and if after retracement price...
HDFC Bank has made triple bottom in the daily chart yesterday and the time candle which was very important yesterday for Indian Market is 11-1-23 11:22 AM. It created a support for the stock. Price Levels have been marked on the chart. There is no special candle for the stock today so take 11.22 a.m. candle as the support and buy above it and previous candles,...
11.22 a.m. candle created support for US Oil in the morning session, and then it got broken in the evening session. Now, today two candles which are very important 11-2-23 5:05 AM 11-2-23 10:48 PM. Swing levels have been provided on the chart. Author's time level are on dot. Please adhere to these levels. Mark high and low of the above candles and buy above...
Down trend started 1hr TF ,there are unmitigated BUY order block , Please look CHOCH and Find entries or Look for Englufing candle pattern. FXOPEN:XAUUSD
# baanknifty me market me jor dar aselling dekhane ko mil sakti
The stock will come out with its quarterly results tom. The rally has halted at the 50% Fib retracement of the entire swing. The oscillators have reached overbought zone. There is divergence on Daily charts at this imp resistance. It made a big candle around the recent highs of 174 with huge volumes on the daily charts. This is an indication of retail entering...
BankNifty Weekly Expiry Analysis Between the last expiry and today, BankNifty has managed to climb 432pts ~ 1.02%. It has also managed to trade above the support/resistance of 42576. This retracement could be seen as a lower-high formation for continued selling pressure. For proof, we would need to see the 42576 getting knocked out in the upcoming sessions. ...
Nifty Analysis Recap from yesterday: “Since we retraced the 38.2% level of 19226 today and the reluctance to go up might be confidence-building for the bears. Also the 23.6% level forms a base for further movements. The issue is that we cannot go outright bearish now, we need further proof of that. Ideally, the 18880 support has to be taken out and that too pretty...