Looks good for a triangle breakout with sl of 125 on daily close basis
Banknifty Intraday Chart Mind Map 02-01-23 Banknifty Intraday Chart Mind Map 02-01-23 Banknifty Intraday Chart Mind Map 02-01-23 Banknifty Intraday Chart Mind Map 02-01-23
#nifty - The global market indicates a slightly negative start. The market nature is bearish to neutral. The market may start with neutral, after this breaks the previous day's low, then we will expect correction with minor consolidation. On the other hand, if the initial market takes a sharp pullback, then it will turn to the range-bound market to pullback continuation.
#Banknifty - The global market indicates a slightly negative start. The market nature is bearish to neutral. The market may start with neutral, after this breaks the previous day's low, then we will expect correction with minor consolidation. On the other hand, if the initial market takes a sharp pullback, then it will turn to the range-bound market to pullback...
#Finnifty - The global market indicates a slightly negative start. The market nature is bearish to neutral. The market may start with neutral, after this breaks the previous day's low, then we will expect correction with minor consolidation. On the other hand, if the initial market takes a sharp pullback, then it will turn to the range-bound market to pullback...
decision will be taken on the basis of market sentiments and calculation
Shooting Star on a 6 months chart of TVC:DXY Is clearly signaling the Crash in US Dollar. Dollar likely to depreciate against major currencies like Yen, Euro, INR It will be also Bullish for Precious Metals and Commodities. And Bullish for Stocks.
Looks like Tata consumer might fall till 700-697 If breaks that 617 in coming days. Findings: 1. Might touch 0.786 retracement from low 2. 700 is also co-insiding with A=C 3. Good prize action support level 4. 617 level is also a channel support. This is just my view please make your own analysis and trade safe..
From the bottom of Mar'20 of 1473 stock has rallied to 3000 odd levels in an impulsive manner which can be counted as clean impulse pattern of five distinct waves. This impulsive rise can be designated as our primary wave-1. After placing a high of 3021 in Nov'21 stock has undergone into a complex correction WXY in the primary wave-2 which was concluded in Jun'22...
Home Work will be telling me what will be the OI and Volume on Day 4 Write in the comment box I daily make educational content on financial markets
#XAUUSD Looking for Buy trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
It looks like Tata steel has completed double Zig Zag correction and now it's new impulse if it's not a tripple correction......as of now we will consider it a new Impulse as we can see wave 1 have of new impulse is of 5 sub divisions. However it may also be A.... and 2 did in the form of wxy and started wave 3 or C..... Tgts shown on the charts
Elliott Wave theory is a theory in technical analysis. now 3rd wave impulse wave
Apollo micro system is currently breaking out with huge volume on daily chart frame. Current P/E Stand around 38 buying can be seen at Retesting level. Keep an eye on Retesting at provided level as soon as u see the big green candle at Retesting zone we can make long trade keeping small stop loss. My views are bullish on it.. Note : This is just an...
CMP 18226 Above 18243, I expect 18397-18490, 18645-18704, 18799-18931.
Jindal stainless Cup and handle formation at 410 it is facing three week resistance once breakout above 410 it wll fly
Arvind smart space formed Head & Shoulder pattern as per pattern and on breakout first target around 380 long term term target is huge if u can hold
Analysis After 20th Dec 2022 Closing Wave Count - Nifty is in (5)th of 5th of IV Wave , means one more bullish movement is expected. Also, strong supports are just below close of 20th Dec 2022. 1. 38% Retracement of 3rd Wave in Small Cycle. (Orange) 2. Previous High support is just below 38% support. Divergence - Bullish Divergence in 1 Hour time chart in...