Weekly Review:
The Nifty 50 closed at 19,564.5 gaining +1.2% from the previous week. The Index closed on a positive note supported by 150 points rally on Friday overpowering bears majorly supported by a +4.3% rally in the Nifty IT index. The index stayed within a tight range of 19,333-19,516 in the previous week. On Macro Economic front, India's CPI surged to 4.8%...
Nifty Levels for coming Week
If 18600 is Broken then we will see Levels of 18450 to 18260 coming in 5-8 days {Probability 35%}
If Nifty Takes Support at current Levels & upmove is started we will see 400 Points Rally in coming 5-8 Days {Probability 65%}
Important Levels on downside ... 18650 - 18550 -18450 -18300
Important Levels on upside ... 18680 - 18800 -...
BITCOIN weekly Chart Analysis
As per previous HYIP growth into last 5-7 days by Market news of Bitcoin ETF, BTC created growth of surprising bullish via market News Trap, but at this situation it never break-out this year high of $31.1k and revert from $30.8k.
So, at this situation of trapping, max. chances it will retest $24k-25k soon up to July 2023, and then...
HDFCLIFE is in a Range since it has been listed in the market and is continuously making higher highs and Higher Lows in a weekly time frame which suggests that it is in a UPTREND and therefore can be bought at the last support level for a potential next upswing.
It has come back to its support and further trading at the trendline where potentially it can take...
Nifty is still in Lower High Lower Low Formation on 1D Time Frame. 18200 is the Change in Polarity Area. Currently nifty is in tight range of 300 points.
NSE:SBIN
The prices have given the breakout from the trendline on the weekly chart. This view is for 6 to 12 months. The rest of the explanation is on the chart.
On weekly Chart BankNifty formed shooting Star pattern.
After breaking of low of second bearish candle 1:1 target is 36985.55.
One candle per week so it may take time.
Ethusdt 2022 TA Weekly Chat
Chart analysis Basis on 50 Ema & 200Ema including Fibonacci Retrace ratio 1.61
Candlestick charts are a technical tool that packs data for multiple time frames into single price bars. This makes them more useful than traditional open-high, low-close bars or simple lines that connect the dots of closing prices. Candlesticks build...
