nifty bank nifty analysis for based on us market thats it trader
Hi all yesterday US:Nasdaq Crossed 200EMA with strong bullish ...so what is the NEXT TARGET of NASDAQ? Now NASDAQ form W pattern in day chart, it breaks yesterday. so next target 13423, 13620, 14164. Time to go for long, get ready to catch the profit. This is knowledge sharing ideas only. If you want to invest consult with your advisor once . Thank you.
On Daily Basis: IXIC ( NASDAQ ) is currently facing a strong resistance at 12600 and also the retracement of the fall which could be D Impulsive wave. 200 DMA is at 13570, another resistance. Level of 12600 is 50% retracement of C Impulsive wave down and currently it has closed just above at 12658. RSI made a double bottom on weekly basis and turned its trend...
Another leg of down move will provide best setup for investing in MON100 FUND.... be prepare to invest part of your capital in this Nasdaq etf without chasing the stock bottom, instead chase index bottom by SIP untill dust settle. Do your own analysis before investing, this is just an idea.
Nasdaq enter near end of down trend, expect it will take support at 10,300
Downside Potential in NASDAQ COMPOSITE , Applicable ONLY In-case of NO SIGN OF RECOVERY IN ECONOMY Only for educational purpose I wish, this view should be wrong
The pink boss is the message. Wonder what will deliver///
looks in deep correction this study for education not any recc for any trade consult with fin adv.
There is a HUGE head and shoulder pattern in the bedrock of the american markets. Many of these tech stocks make up super high weightage on the indices and if they start to selloff..global markets might follow them in a very painful way.. For the longest time FAANG was invest and forget..now they have come off and if this pattern does complete and breakdown the...
hey guys I hope you are doing well is you able to see a inverted head and should pattern in nasdaq composite i think now you can clearly see a beig apportunity of head and shoulder pattern so, be ready for this opportunity it will give a good move thank you
Dow Jones and Nasdaq have given a clear positive outlook. Nasdaq has formed a perfect ABCD pattern and has given clear break out at 61.8 Fib level. This indicates that the US market looks positive and hence i see an up-move in the Indian indices as well. The targets are as mentioned on the chart. This is for educational Purpose only.
Nasdaq is at pre-covid which means all the inflated money has been sucked out from november by the big players. So it will turn positive once fed meeting is over. Keep tight for the uptrend. Note this is only for educational purpose.
In a strong uptrend, price retrace up to 38.2 and if it take support at that level then we can see strong bounce. CwC
Buy in dips , sell in resistance ..Until volatility is cooled off...
Nasdaq daily: Reversed right from key Fibo level / +Ve RSI divergence / possibly end of 5. Keep eyes...
After cautioning when the Nasdaq broke below the 200EMA..its now headed for a H&S breakdown.. Its time to be very cautious and hold back from buying every dip until all global markets show signs of bottoming out. Note: The Nasadaq has given up ALL its 2021 gains.
Another 900 points will fall in next few weeks upto 12500.