Bank Nifty forming rising wedge pattern. Now it might come down to retest the lower boundary of the rising wedge.
Resistance on the upper trenline of the wedge, clear short till the previous daily support zone. Stochastics and Momentum indicators also indicating a sell.
NSE:MCDOWELL_N has wedge in 30m timeframe , arriving nearing 50 ma in daily timeframe
NSE:MGL has closed 50 ma in weekly suggesting that it has a very good support , it is near the 50 ma in daily timeframe , will be a good bet , as it has been increasing with good volumes
NSE:BHARTIARTL has wedge and it closed above 50 ma in daily timeframe , so waiting for it to retrace to 50 ma
NSE:RBLBANK has triangle foration and it has broken up from wedge
NSE:IOC is forming wedge and contacting near the tip , so short for tomorrow
Hi all !! Good day !! Hope you are doing well !! Bitcoin has formed two different patterns:- --------------------------------------------------------- 1. Ascending Triangle (Bullish) 2. Rising Wedge (Bearish) Bullish Points:- --------------------------------------------------------- 1. Formed Ascending Triangle 2. High Lows 3. Resistance 6.9k broken 4. Possible...
I see a Rising wedge pattern in BTC/USDT. There is a lot of Resistance between 7200 and 7400. A Short pump and Dump is expected. Be vigilant and don't give in to Greed.
Hi all!! Good day! Breaking News that YESBANK BANKRUPT. What should YESBANK shareholders do now?? 1. Don't PANIC 2. Don't SELL 3. Be Patient, Your time will come What should investors do?? 1. BUY When to Exit?? As per my analysis, at least a short term to level 40-45 will happen where one can choose to exit. For more updates, follow me here . ~RPS~ Legal...
If closes above 4.45 more up move possible ( profit potential more that 100%) at the end of the day its your money invest at your own risk
Hi all !! Good day! I have been posting to warn the retail investors foreseeing the risks in the markets. Here is BANKNIFTY for you. With my technical analysis , the BANKNIFTY uptrend breaks as you can clearly see it in my chart. This will ignite major major sell off. The price targets are at the scariest levels. Peak Price: 32,600 Current Price: 24,000 Price...
Hi all!! Good day! I have been posting to warn the retail investors foreseeing the risks in the markets. Here is another major bank. With my technical analysis , the HDFC Bank uptrend breaks as you can clearly see it in my chart. This will ignite major sell off. The price targets are at scariest levels. Current Price: INR 1022 Price Fall Target: INR 77 - 94 ...
Nice breakdown on more than a decade-long rising wedge on Bank Nifty. Scale - Log; TF - biweekly. Indicates significant downside. Additional confirmation - HV is no-where near levels that may indicate that a bottom has been formed. Expect this fall to accompany high HVs & IVs.
Hi all!! Good day! It's sad news that YESBANK bankrupt and the shareholders of YESBANK are in despair state. It's time to think the state of other banks like AxisBank. With my technical analysis, the Axisbank uptrend breaks as you can clearly see it in my chart. This will ignite major sell off. I'm not here to create panic at any cost. I always want the markets...
Broadening Descending Wedges - 1st B/O failed & global market sentiment is also negative Until a Positive sentiment with Up side B/O Short Side