Short term sellingCMP coincides with downside of 200MA, 50% Fibonacci level and current RSI level at previous resistance level. Daily candle in the range of previous support now turned resistance. Short term selling could be seen.
SENSEX trade ideas
nifty sensex (54023) tries to recoverNifty tries to recover at level 54023
resistance level 54200
moderate bullish
SensexOn Weekly Charts...
Closed above important support zone...
Lets hope...it bounces back.... to at least 52500 levels marked..
Any weekly close above 52516 will give a small positive bias to the market..
Important bounce back levels marked..
Happy investing.....
SENSEX VIEW BEARISHSensex Looks Bearish with the downside wave 3 or C this might reach to the below mentioned box of target. This educational chart helps your research.
INDEX:SENSEX
SensexBSE Sensex Heading for....
Sub 56500 levels....
Global cues very week as of today....
Supports Marked
Trading Opportunity.Sensex Chart: At Gann Grid Resistance
Resistance 58700, 62740.
Support 54640, 50590.
GANN
SENSEX Intraday trading over view #BULLISHAs we can see there's a trend reversal in market and bullish movent in the market it 's a good oppourtunity for long everything is mentioned in the above pic in details
SENSEXPossibilities
Critical support zone.
Possibilities of flat, triangle if support zone is to be held of 550000
breakdown can lead to a deeper correction.
In that case can extend to retracement of rise from March 20 low to the current peak.
50%-61.8% if breakdown is seen.
If recovery has to happen then now or from 550000
critical event budget and election for sentimental analysis. to add trigger to the market.
noob trader ,wanting some guidancehi im just learning with the price action part guide me if i went wrong with my analysis part
Elliott wave countingElliott wave counting and ABC labeling and the chart of Sensex and the is most profit and loss for you and your partners so if you take money any time loss and profit will yours
Sensex & Hangseng: How far we have come
- The chart period is from Mar 23, 2020 till current date
- if we analyze the performance since the announcement of Lockdown, our markets have performed far better than our Asian counterpart.
- the difference is even more if we compare from the peak of 2008 highs. I remember back in 2005-2008 I use to compare Sensex and Hangseng movement ( Sensex peak in 2008 around 21k and that of Hangseng around 30K )
- it use to trade approximately 50% higher than Sensex
- Now after a span of 14 years, Hangseng is at 23000 and Sensex is trading near 60000... What a stark contrast... Sensex is roughly 200% above
Note:
- This is not a trading recommendation but just posting out of my own curiosity...
- the current dynamics of our economy and that of Hangseng are completely different
- All economies start from scratch to developing to being developed. Cherish when the moments are good,
- once the economy moves in to developed state, be open to the idea that there could a time when we might not make a new high for 5 to 7 years.... ( focus on study and strengthen your research cause you will need that when the going gets tough )
Just to understand where I come from, take a look at the following charts
Germany index ( European economy)
Japan Index ( Asian economy)
Taiwan Index
These are charts of different countries/ different dynamics; but on a larger time frame what we are seeing is when time comes, history does tend to repeat itself.
Best wishes & safe trading...!!!
Let me know your views in the comment section below...!!! Will be happy to hear from you all...🙂
Feel free to share the analysis, if you feel, it would be of help 🙏🙏
BSE - Sensex.... in 2022Have marked some important levels and
also major bullish and bearish zones...
Happy trading....
Like... Share.. Follow for more important levels
little more room left in correctionMarket is yet to make a significant higher-low on higher timeframe.
the current correction could end with confluence of 13 Mema, DZ and 23.6 retracement of corona rally.
sensex analysis (elliott wave theory with time wave analysis)as per my study all the impulse moves are over in Sensex according to Elliott wave theory.
52000 is the support level at wave C.
58700 is the immediate resistance at wave B
and according to time wave analysis some big move is expected around (oct 2023)
Short Term BullishIndian Indices are bullish in short term, Sensex took support at middle line of the channel, next resistance is the upper line of this channel. Buy indices here or when Sensex falls again on this middle line.
Hacks to surviving marketsMany people who follow me would have noticed I haven't posted for a while. Did I lose the game? No. I saw this coming and I stayed put.
Don't believe me? I will add a link to a related idea.
Markets are in a precarious position and every mistake will now be an expensive one.
Here's how one can see through this period:
This type of fall can be regarded as a parabolic move. More often than not, a huge chunk of retail investors are out now and smart money is buying again. Time to get your skin in the game.
Occasional blips are fairly common. From what I read, the new COVID-19 new mutation seems to be overhyped and markets shall return to normalcy. Will markets make a new high quickly though? Probably not. Several other issues are still not solved.
A phase where bad traders/investors are weeded out from the good ones.
sensex analysis fro Monday60560 strong support if it sustain and crosses 60950 R1 and 61120 R2 then next resistance would be R3 61450 and it it fails sustain on Monday and falls below S1 60740 there there will be possible chance of falling to 60550
SENSEX to MCX Gold Futures RatioSensex to Gold Ratio. This shows how the value has been tranferred from Sensex to Gold and vice-versa over several years.
sensex idea reference onlygood luck investors another one
main target 61000
minimal rejection 60000
not a huge
another few more years nifty or near crossing will be 2k sensex wil be crossing 70k
