Look at this charts, it's says I m ready for dip down if not sustain and regain 66000k levels again in this month
If you're SHORTSELLER your stoploss is very much clear
The market has been getting very depressive, especially for options traders for the past few days. The market is primarily indecisive. This is mainly because big players are awaiting key financial data, such as repo rate announcements, inflation data etc. Retail traders should stay away from such a market condition and wait for a trend to start. Premiums are gonna...
Tomorrow SENSEX is most likely to give a Gap-Up opening. On the upside, 65937 is a strong resistance (look at a higher timeframe, i.e., 4 hours). Also, that is the fibo-0.369 level. SENSEX has to break this level and sustain itself to continue going up.
But, once SENSEX reaches this level, we may see a pullback to the 65680, or even 65550 level, before moving up....
We may see a flat to minor gap-up opening tomorrow. But the market is most likely to remain in the red.
During the opening hours, we may see a slight upmove. In the upside, 65248 has to be broken for SENSEX to move up.
In the downside, 65090 is important. closing below this level could result in more downfall.
Note: This is just a personal opinion. Do your own...
#We Make Only Profit.
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA
Technical analysis and options trading can go hand in hand. Many of the best practices for options trading come directly from technical analysis concepts. Technical analysis focuses on price. Fundamental analysis does not solely focus on price.
RBI Forex Reserve Grow is this Good or Bad...
#We Make Only Profit.
#HDFCBANK #BANKNIFTY #NIFTY50 #NIFTY #SENSEX #TATA
whats is trend line?
Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the...
Sensex Actionable Idea
#Current Price- 66266
#Resistance- 66500
#Support- 66250
#Target 66760 And 66937 we can expect after a break of Resistance
#Target 66080 And 65854 we can expect after a break of Support
#Execution only after break and close above or below from resistance or support 15-minute candle.
#Stop Loss above or below from resistance or support...
Good Morning Traders, i hope you all will be doing good in trading.
Yesterday it was really a good day for option buyers and hero zero trader, as there was huge and one sided momentum in all the indexes. So, today is Sensex Expiry day let's see if we can get same hero zero trade like yesterday.
Sensex have given closing at all time high, there is no any price...
Sensex chart - 5 wave move is getting over. Ending diagonal is in the making. I can see the similarity of the 5th wave of the 5th, with the 5th of the 3rd - correction happened after an over throw (or a false breakout). The max i see is 69500.
After a 5 wave move the correction can be really deep. Minimum to 42000 levels if not deeper. What is going to trigger...
Sensex is taking support at the trendline and getting rejection from the top trendline. If it breaks the 65456 level then we can see 65356, 65265 leves on the down side and upside then we can see one more high.
you can copy the levels from here
in.tradingview.com
Hello Traders Good morning. i hope you all will be doing good in Trading and in your life as well.
I have brought analysis on Sensex first time since i have started posting my ideas here, As we all know today's Sensex Expiry day. So will try to find a best trade from our analysis. Well i have marked all best possible levels for buying and selling. But still i will...
If 38.2% is the first phase of the rise then how much will be 100% rise.
If 25% time it took to do 38.2% rise and then in 100% time how much rise it will do
Attached: Sensex Daily Chart as of 19th June 2023
The Ending Diagonal is more evident and clean in BSE Sensex rather than NSE Nifty 50 (although you can observe in Nifty as well), which is why I have chosen to share the Sensex Chart
Observe:
- A well defined trend line with multiple touch points
- Presence of a Bearish RSI Divergence
- Daily MACD already in Sell...
