Breakout on minor upper trend and also the support zone. Further fall expected.
Bank Nifty - Pure Price Action analysis for this week. Bearish Breakout ? or still Hard Fight from Bulls - Triangle Breakout to downside seems in evitable at both shorter time and even HIGHER Time frames.
Silver is in Uptrend. Going up from Area of Confluence
Support and Resistance Expiry day volatility Nifty - Rising wedge forming Bank Nifty - Falling wedge forming Mixed output
PVR -Perfect Inverted Cup and Handle Formation.SL-1149, Target-1300.
Support and Resistance Buy on dip
Marico has been shortlisted on our weekly scan and has been selected has Chart of the Week among several other stocks. Marico has a beautiful structure on weekly charts for long term investing and last week has a breakout with a large weekly candle and a very high weekly volume clearly visible as several times higher than average weekly volume.
WockPharma has been bullish for some time on Weekly Timeframe after a long long time of down trend and consolidation
it is very necessary to understand the technical as well as to analyze the data to predict the market behavior. hence, this is the small video that has tried to analyze tomorrows behavior of the market. * Remember this video is just for educational purpose*
1. Following the channel, the channel was broken twice but the price enters back to the channel. 2. 95 was resistance, but now working as a support 3. Fibonacci retracement 4. Bollinger band support at 95 with ADX, again confirm this level. 5. Down move not supported by volume. 4. 93 level can be sl only if it breaks with high volume.
Support and resistance Sideways on expiry Major move depends on +/- News only
We have found a trendline breakout and retest on weekly and daily charts, which is considered to be a strong signal. Look out for shorting opportunities on smaller timeframes. BE ALERT - We are at the Support zone at CMP. So kindly wait for its breakout for more secure trades.
you can see this short video for perfect analysis
1 - Keeping in mind an intraday #trader - This analysis is in hourly candle, where broader channel is widening the range. main channel base stands at 31055 top 33330 as of now. As the time passes the top range will go higher. As over all #NiftyBank is in bullish trend but volatility and uncertainty making it fall, as a trader u need to pick a trade where the...