Good morning, friends! 🌺🍬 Here are the directions for May 31st: The global market continues to show a bearish sentiment based on the Dow Jones, while our local market also shows a bearish trend. Today, the market may open with a slight gap-down, as indicated by GiftNifty, which shows a decrease of 25 points. Nifty and Banknifty moved in different paths in the...
**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...
Nifty has pulled back after hitting a new all-time high. I've identified a support zone using Fibonacci levels. I believe this zone can serve as a strong support for Nifty. Let's see what happens next.
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With the wave 5 targets projected on the chart, we have 2 target zones: zone 1 is 2322.7 and target zone 2 is 2311.5. Today will release news on unemployment claims, preliminary GDP, and pending home sales, with forecasts worse than last period, if tonight's actual index reflects correctly. This seems to signal that the US economy is being affected by monetary...
BNF is on Sideways. There is no potential movement towards UP or DOWN. Just follow the lines and zone. Try to make an entry based on it.
Indian bank previously broke resistance and came back to retest resistance area now reversing with decent volume and strong green candle if sustain above 595 then we can expect it to hit 670 level soon so keep in radar , risk reward is also good
We're approaching a key resistance level marked by the red box on the chart. Prediction: Potential Downtrend: A bearish rejection at the resistance zone could signal a price reversal and downtrend.
Zuari Agro ready for new High the marked pattern is very importanat High break long entry below Pattern Sl Target new high
As per PCR and Price retracement this correction is a retracement and make a longs around 48200 levels as shown in chart take only Next month calls just a view not a reco...
USOIL ORDER BLOCK | SHORT TRADE Hi Traders, This is Usoil 1hr Order block tarde we can see selling from this level.. At this level we can see some Liquidty pool. Here we can take trade with 5 min CHoCH. 5 min CHoCH is best to take Short Trade Note - Only for education Purpose Follow for Daily Forex Update
Looking at the current H1, we see that the price has reached the first target of wave 4 Looking at the preliminary forecast of US economic indicators tomorrow night we see. - Prelim GDP q/q decreased from 1.6% to 1.2% - Unemployment Claims increased from 215K to 218K - Pending Home Sales m/m decreased 3.4% to -1.1% US economic indicators show that the economic...
Good morning, friends! 🌺🍬 Here are the directions for May 30th: The global market continues to show a bearish sentiment based on the Dow Jones, while our local market also shows a bearish trend. Today, the market may open with a slight gap-down, as indicated by GiftNifty, which shows a decrease of 70 points. But, I'm not sure if this is due to global issues or...
BankNifty also has the same sentiment. If the market finds support around the immediate support level, then we can expect a minor pullback that will take a max of 23 to 38%. After that, if it gets rejected there, then the correction will likely continue. On the other hand, if the pullback breaks the 38% Fibonacci level, it could turn into a range market between...
ready for C wave adani port will fall forming ABC flat correction
VIP CMP 500 Elliott- the ABC zig zag corrective pattern is over in my view. Pattern- the V shaped reversal pattern is a directional signal and is indicating reversal. Hence this current dip is the best opportunity to buy the stock, One can buy here or on the break of the trendline the choice is urs.
Hi Trader Eurusd taken previous 1hr and 4hr liqduity so selling expected according to SMC. 5 min CHoCH is best to take short trade Note - Only for education purpose
Hey everyone, there's a lot of buzz lately about Solana (SOL) being primed for a major price increase. While I can't offer financial advice, let's explore some of the reasons for the excitement: Growing Ecosystem: Solana boasts a thriving community of developers building exciting new projects on its blockchain. This could lead to wider adoption and increased...