Bank Nifty on HTF is following the Elliott wave theory. Basis the theory, a corrective wave is expected and that is exactly what the Option Data indicates as well. However, trading against the trend isnt the best way and hence i suggest we wait for the Level shown on the chart before you invest. This is my idea and for educational purpose only. Let me know...
I daily make educational content videos for financial markets. Key levels after severe adani fall
Nifty broke the consolidation zone on downside very sharp and also breaches the 61.8% retracement level of previous move. It shows that Nifty is Short for Medium term...... Now if we talk for next move of nifty we can see that it has completed wxy in double zig zag pattern.. after that we were considering that one more zig zag... But since it had breached the...
The 5th wave of the downwards expanding diagonal on the Nifty started on the 24th of January. The 4th wave took longer than expected, pretty much subsuming most of January and corrected 38.2% of the previous fall(18887 to 17774) to 18201. The 0.618 extension of the previous fall at 17086 would be a good target for the 5th wave.
i Have made efforts in Explaining the Gravity of Understanding all kinds of charting methods in the Market its Not easy , you must have practiced properly before applying live in the market When people claim its easy you do this and that , it seems easy but reality is practice will put you the proper understanding of any method and will also let you know...
As Per Line Chart . Last day Trading Session We have Seen Heavy Selling in bank nifty. Now Most Important Support Broke 41700 And Second Support is 40000 level.. 40000 is psychological And Tend Line Support Also 200 Moving Average. So 40000 3 Trend based Support . like horizontal, trendline and Ema . If 40000 Level Break below Side New target Open 37800...
long buildup, price is creating strong support. possible entry is anear support . previously it showed fake breakdon
princepipe ready to blast , buy with small qty and hold target and stop loss is mentioned
Wipro seems like taking support at 0.618 level from oct 2022 till Jan 23 Also strong support range 398-381
Higher High in long term chart with volume Weekly time-frame Rising RSI
I daily make educational content videos for swing trading ideas
Break support line with volume and closed below 200 Daily EMA RSI is now in oversold zone Now 777 and 676 is good support zone. View invalid if close above 200 EMA.
bullish falling wedge is bullish pattern . in this pattern market is move to upward. this pattern is becoming a 15 minute charter in HDCF BANK.
bank nifty covering the trend line liqudity almost 17% it seems alsomst a crash but if it comes as consolidation and fall it wont we a crash it is a retest only as per now at budjet day we can find is it a crash or correction 39600 to 39500 have a order block if market turns from there we can see a new high as soon happy trading...
bank nifty cmp 40345 support level 39883 39730 39625
Major Support 18000-27 if 18000 break downside then next target will be 17800 if nifty got support on 18000 then upper target will be Max 18250 Major Resistance 18170-250 if market break 18250 level with volume then market will be ultra bullish and Up target will be then 18370 Note: but international sentiment is bearish so if market go upside then it will be...
Bitcoin is holding range of 23400-22400 a breakout is necessary for a big move from previous trend investors are expecting some big move in bitcoin upside direction so traders can play in a range by buying at whenever btc touches or support price. DICLAIMER: THIS POST IS FOR EDUCATIONAL PURPOSES ONLY THIS IS NOT ANY RECOMENDATIONS TO ANYBODY FOR BUYING OR...