Banknifty did not disappoint the bears as much as Nifty did today. The day began with a gap down right at the swing low of yesterday and in no time we reached the 45380 levels. From there we had a gradual drop to the intraday low of 45238. There was a pullback of 272pts ~ 0.6% but bears managed to close the day with a total cut of 0.46% ~ 211pts below yesterday’s...
The open was as expected and the first 2 candles made sense when we retouched yesterday’s swing low.But what followed after that was more of a discouragement for the bears. No matter how hard the bears try - they are unable to push down the prices. We had a gradual fall to the intraday low of 19563 which was hit by 13.45 - and this was the time by which the bulls...
A small pullback is expected in Crude and then further can go till Harmonics D point. Looks bullish till $81
nifty 50 Continue a channel intraday And 19600/19500 Support 19700/19800 Resistance.. TODAY SWING LOW 19550 and 19700 Important for Tomorrow morning. Only education prosperity.
only and only if TCS closes above blue line take entry
nifty bank trading in a short narrow range. and around all psu banks support upside breakout. Execpt Kotak Mahindra bank. and if you guys check on 5 min timeframe you can see range. is formed.
-- formed ascending triangle pattern --Strong BUY call --first target 4100+ Disclaimer: - The view expressed here is my personal view - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance -- Do...
If wave 1 = 5 then it comes to 118 127% of wave 3 comes to 98 Sequent has started its impulse
Tata Steel produced an upside breakthrough at the level of 118 and displays a perfect bullish falling wedge pattern. Bullish Falling Wedge patterns often suggest that the stock is bullish and that it has the ability to hit the target of 135 to 140 in the next weeks. If it breaks the 135-140 levels ,then the stock might go for a small retracement or correction and...
So far, Bharat Wires was trading inside the trendline zone and it has made a positive wave Pattern Breakout around 210 and took a proper retracement and strong support in 210 levels. The stock is now expected to go upside in the levels of 240-245 area in the next days.
NSE:CAMS is currently in a correction phase, according to the Elliott Wave Theory. The stock has completed wave 3 of the correction, and wave 5 is yet to complete. This means that the stock is likely to continue to decline until it reaches the Fibonacci level of 0.618, which is around ₹1,863 per share. Once the stock reaches this level, it is expected to start a...
"Good morning! As of July 31st, there is no significant difference between the last session, but the global market has a neutral sentiment (based on only Dow Jones), and the market nature is bearish. Therefore, it doesn't matter if it opens gap-up or down. If the initial market takes sharp declines, we can expect correction continuation with minor pullbacks. On...
"Good morning! As of July 31st, there is no significant difference between the last session, but the global market has a neutral sentiment (based on only Dow Jones), and the market nature is bearish. Therefore, it doesn't matter if it opens gap-up or down. If the initial market takes sharp declines, we can expect correction continuation with minor pullbacks. On...
"Good morning! As of July 31st, there is no significant difference between the last session, but the global market has a neutral sentiment (based on only Dow Jones), and the market nature is bearish. Therefore, it doesn't matter if it opens gap-up or down. If the initial market takes sharp declines, we can expect correction continuation with minor pullbacks. On...
#bitcoin 'hourly' chart, we are in wave C of an extended flat correction after a 5 wave impulse. Expecting wave C to be 1.618 of wave A at 28700 which would mark wave II, 0.382 retracement of wave I. Price above 31500 will mark the next phase of uptrend. Trade at your own risk. Thanks and regards.
#Resistance Zone - 45700-45800 #Support Zone - 45200-45300 (Week Support) 🕯️Condition - 🚀 If Bank Nifty Open GapUp 45700+ then we will see Selling. 🚀 If Bank Nifty Open Gap Down and Crossing 45200 and Below will See Sharp Selling till 44900 🚀 If Bank Nifty Open Flat then it's Sideways Market Bro.. Note - Only For Education Purpose
So last week Wipro was trading around its resistance zone it tried to push up and break that resistance but the sellers were not ready and thus they moved the price all the way down from 424 to 406 making it back into the zone, the stock price closed at 398.75 on friday , now its expected to move to the support level of 380. Good luck