Banknifty future moving in down ward channel shown with yellow color in above chart high volume zone is 44000-43800 . Here partial booking of shorts and trailing with tight stop loss are advisable. Be careful in fresh shorting near high volume support zone.
📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 3 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial decisions.Informational onLY !!!!
📈 Exciting Bullish Pattern Alert! 🐂 📊 Pattern: Expanding Triangle 📌 Symbol/Asset: MAHLOG 🔍 Description: Momentum can come above LOP 👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
"Good morning! As of August 31st, the global market sentiment is neutral (based on the Dow Jones alone). The market trend is bearish, and the market might open with a slight gap-up. after that, if the gap-up doesn't sustain and there's a sharp decline, the correction will likely continue. On the other hand, if the gap-up sustains and breaks the 38% Fib level, the...
"Good morning! As of August 31st, the global market sentiment is neutral (based on the Dow Jones alone). The market trend is bearish, and the market might open with a slight gap-up. after that, if the gap-up doesn't sustain and there's a sharp decline, the correction will likely continue. On the other hand, if the gap-up sustains and breaks the 38% Fib level, the...
"Good morning! As of August 31st, the global market sentiment is neutral (based on the Dow Jones alone). The market trend is bearish, and the market might open with a slight gap-up. after that, if the gap-up doesn't sustain and there's a sharp decline, the correction will likely continue. On the other hand, if the gap-up sustains and breaks the 38% Fib level, the...
Bank nifty today 44208 now if any gap up wait for 20 mins if any up also I am suggesting to take pe If flat open the. Also Put If gapdown also take Put so overall bearish
Expected to Breakout soon. Tgt mentioned on chart.
Please refer to my previous posts on US Oil. Link provided. Trade with proper discipline. Use other indicators like William R%, EMA, SMAs. Crucial level is $81.3. That seems to be broken. It is previous swing high also. Disclaimer: I am not a registered Analyst with any of the registered regulatory authority. Before making a decision, please consult your...
BankNifty Analysis The intensity of the fall was much more profound on BankNifty rather than Nifty. Right from the gap-up open the CE options premiums were commanding more premium than usual indicating a strong directional move. As soon as banknifty started falling this elevated premiums went away further indicating that the trader’s expectations were not...
Nifty Analysis This is what I wrote yesterday - “For tomorrow, I have a 60% neutral and 40% bullish view as we are right at the upper channel and above the support.” . Never did I believe we could have a neutral closing today after the big gap-up open. Even till 13.15 there was no sign of weakness and Nifty was looking & staying strong. Luckily Nifty is a notch...
This is the example of HDFC 1H Chart and laid on it is my customized indicator based on daily volatility. You can judge how beautifully it works. Want to share with you all. May take some time, working on it. Till then what I can do, in the morning I can share the pics for various charts for some of the stock and indices and commodities. You may mark these...
every thing looks alike as previous chart. i just tabled the first wave of the new emerging wave in a detailed manner than the previous chart. a minor update
I daily make educational content videos for swing / positional trading
MCX Silver may have started a bullish move to 85000 around now.. Wave counts & harmonics made for a bullish movement for next 2 months.. Stop loss can be kept around 69000
Buy only when the swing high of previous in the daily chart is broken decisively. Please refer to my previous ideas on NG. Link provided.