Nifty Monthly Analysis In the Aug monthly series, Nifty is down 387pts ~ 1.97%. This month did not produce a reversal signal even though there were 2 attempts on 24th & 30th respectively. As it stands Nifty is following a bearish trend channel quite efficiently. My next support comes at 18880, so if the fall were to accelerate in September, its good to know the...
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My Unique trendline indicator shows how easy is the analysis of a given chart. 1. Analyze a Base Line dividing peaks and valleys. Price levels below this line are called Valleys. 2. Movement from low to high or high to low. This is the main point which has to be considered while making a decision. No long as a high is broken we should not be in long position and...
Bitcoin is presenting an aggressive bearish WXY. Looking to sell the last legs of the combination. I have two scenarios. Just imagine, Bitcoin Dropping to $3000, that would break a lot of hearts....
Elliott Wave Analysis A diagonal has formed in the C wave. there may be a small correction pending. the correction seems to be a 2nd wave to the Previous 1st impulse wave. almost 60% fall was done. we may expect a bounce back. further chart will be posted accordingly. kindly follow to kept updated.
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...