5 Amazing stocks and Index analysis for 25 JulyI daily make educational content videos on financial markets.
Worldmarkets
World Markets |Best swing Intraday stock ideas | Banks and NiftyI daily make educational content videos on Financial markets.
Patterns: Ascending Triangle formation - Nifty and Banknifty ( 5min TF )
Knowledge pointer - Nifty looks weak as compared to BankNifty
E- wave or Extradition Bill -Hong Kong- Is it too late?Disclaimer
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
Trading Strategy
Daily Outlook
Index is close to the current supply zone 11025-11050 & this zone acted as supply zone even earlier so we need to be careful. Any upside extension can be expected once index sustains above 11050 where It has scope to travel upside in 11100-11125 & it shall face key resistance zone of 11140-11150.
Few confirmations required for short term trading
Trade below 10950
Break of the rising channel which holds – “wave-e”
Initial clue confirmed with bearish Candlestick pattern- Evening Star
Weekly outlook –
Bearish Till Critical Level of 11200 acts as resistance (holding stops above that level) our downside objective – 10750/10630-10650/10580/Below 10580 for 10525-10535.
Don’t forget to tune in the next video idea – on “Gold at 15K– Raising Mercury Level’s ”
