Happy New Year 2024 to everyone.. New beginnings are just around the corner. Banknifty Prediction for Tomorrow BEARISH Reversal from trend line resistance 48530, any breakout of trend line and resistance zone of 48610-48640 levels we can expect BULLISH Rally. Look for Buy/Sell at Demand and Supply zone for profitable trades. Demand and Supply Zones - When...
Happy New Year 2024 to everyone.. New beginnings are just around the corner. Nifty Prediction for Tomorrow BEARISH Reversal from 2780-21800 Resistance zone, any breakout of this level we can expect BULLISH Rally. Look for Buy/Sell at Demand and Supply zone for profitable trades. Demand and Supply Zones - When price breaks the zone, Demand zone will become...
Hello everyone, The Pro Supertrend Calculator confirms a bullish trend for the Nifty 50, and here is the underlying analysis. When we observe a sequence of 35 consecutive periods above the Supertrend line, a robust signal emerges. Out of these 40 instances, prices were above the line 70 times and below only 39 times. It's not just a series of numbers; rather,...
Rejection candles seen near trendline at multiple timeframes. Nifty likely to slide by 150-200 points.
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As per the zones. Whenever zones gets broken in lower timeframes like 5 min. take trade in that direction. only for study purpose.
Some RED FLAGS: 1. Bearish Div on Daily 2. ALMOST creating Bearish Dive on Weekly 3. The Economy is not in good condition Green Flags: With the rate cut slow down, now the inflation really kicks in like GOLD pumps
The dollar index closed the year down 2%, the first yearly decline since 2020 after gaining about 15% over the previous two years as traders piled on bets that the Federal Reserve could start cutting interest rates as soon as March next year. After implementing an aggressive rate-hiking cycle that started in early 2022, the US central bank is now expected to begin...
Its showing very low power from buyers in demand supply, Market can make a negative move in this coming week. Explained everything in detail in the video . Happy Trading.
Nifty is in 5th wave and running 3rd of 5th or may have completed 3rd and in 4th wave than we can expected another up move for 5th of 5th which is expected as under;- Nifty expected to around 22027 & if sustain there than it could go to 22301 which is the next level for it than we may see reversal in coming days.
Hello As we can see that TERA GHAR JAYEGA pattern are seeing if breakdown happen then we can the good risk reward trade (that's new like diamind pattern ) P.s = only for watch, not a trading advice
PSU BANK INDEX On monthly tf psu bank index looking good .Stock of this sector can give good momentum like sbi , bank of baroda, central bank, indian bank , maharastra bank, j and k bank etc
Namaste! Currently, Nifty is trading near very important levels. This was the important resistance (because of lot of consolidation happening between Jun-July 2021), which became a support after the breakout. It has been tested twice since the July breakout. S&P 500 fell into bear market yesterday as far as daily close is considered. But, I am not convinced 100%...
Definition: India VIX is a volatility index based on the NIFTY Index Option prices. From the best bid-ask prices of NIFTY Options contracts, a volatility figure (%) is calculated which indicates the expected market volatility over the next 30 calendar days. Here you can see the weekly chart of India Vix. You must have noticed that whenever the Vix touches 10%...
Namaste! I have been tracking DJI (Dow Jones Industrial Average) for quite a while. The bear market is defined as 20% correction in benchmark indices from the all time highs. SPX (S&P 500) has fell into bear market twice (2nd after retracement), it closed below 20% line on daily as well as weekly candles . But it did recovered from those levels until recently, ...
Namaste! I have been pessimistic about the bull market since Oct 2022 when Dow Jones fell into bear market for the first-time (i.e. closed below 20% levels from all time highs). S&P500 has been closing below 20% bear market level in June 2022, Sep 2022 and Dec 2022 respectively. (Please read earlier article of the same name which I posted on 7 Nov 2022). There...
Namaste! US Markets substantially affect global market and their indices. There are two main indices which I track most often. DJI (Dow Jones) and SPX (S&P 500). I expect it to be in a downfall in the coming weeks/months. I follow a rule of thumb for a reversal (respecting support or resistance) is that it must close below low of the resistance testing candle...