If consolidate in between 47373 and 47476 and breaks upside,then intraday upside momentum can be seen to 47762,47808
Last trading session after reaching 21000 rejection was seen from 21000. For Upside: If opens flat above 20945-20960 and breaks 21008 and sustain above 21018, then intraday upside momentum can be seen to 21096-21106. From 21096-21106 intraday selling may be seen,have to confirm with price action. For Downside: Cluster of supports downside, 20900,(20820-20830)...
RBI likely to keep the rate unchanged @ 6.5% Generally,market remain calm before the announcement and become volatile after RBI's announcement,a very risky day to trade. Technically on chart: Nifty remain sideways for 2 days in between 20960 and 20850. For UPSIDE. If open above 20920 and breaks 20940/60 upside and sustain it then then 21096 can be seen...
RBI is likely to keep the rate unchanged @ 6.5%. On chart,Bank Nifty took support from 46500-46474 as expected in 7 DEC analysis. The set up remain same as previous day, FOR UPSIDE: If it breaks 47237,47373(improtant yearly pivotal resistance) and 47476 and sustain above 47476 then intraday upside momentum can be seen to 47999-48000 FOR DOWNSIDE: 46474,46285...
UPSIDE: After taking resistance from 47237 for two coscutive days if it breaks 47237, and breaks 47373(Yearly pivot resisstance YR1),and also breaks 47476. Then an intraday move can be seen upside to 47999-48000 Above 47476 expecting upside momentum to 47499-48000 DOWNSIDE: 46474 a support, strong support remains 46285 ,will look for buying setup near...
After a trending bullish month in November and closing above all time high of 22222. Nifty may see a sideways to bullish in the month of December. With no resistance on the left hand side ,1st immediate resistance is 20348-20350(monthly camarilla 2nd level resistance pivot) If breaks 20350 and sustained it then next level that can be seen is 20460(monthly...
Till it is holding the price 19636-19675...Then 19770-19775 can be seen within the month of November. Not expecting the target 19770-19775 in intraday,can achieve it gradually before the end of this month. Immeddiate support remains 19575-19600
TVC:DJI at improtant support level 32806-33033 After getting resistance from Yearly camarilla H3 ( 3rd resistance reversal level of Camarilla Equation ) represented by YH3 on chart ,now TVC:DJI is trading at Yearly Central pivot Range (32806-33034) If get a weekly close below 32806 can see further downside toward 31450 (next swing low) and YL3 30867 ,...
NSE:NIFTY On hourly Time Frame with monthly pivots of November 2023. After nifty sustain the price 19360 the past week...Expecting it reach the level 19636-19674 19480-19500 previous support can act as resistance as per price action If 19480-19500 act as resistance then expecting it to consolidate between 19360 and 19480-19500 for upside move to...
NSE:ABB Looking for shorting opportunity in NSE:ABB If get a weekly close below 4135, can see downside move to 3508-3438 Stop loss should be 4330 Target downside should be 3508-3438 1.For the short side trade to execute ,need a weekly close below 4135 2.Can add positions on retracement to (4187-4190) after an weekly close below 4135
Going long on Bitcoin Based on yearly pivot points and simple support and resistance, a long position can be considered on bitcoin. Stop loss is below previous year's(2021) "Central Pivot Range'. In the snapshot abbreviated by VCPR COINBASE:BTCUSD
NSE:BALKRISIND Trading Strategy based on Yearly floor pivots and price pattern on weekly chart. Go long if and only if price comes back above the channel trendline as illustrated on the chart Yearly Central Pivot Range for (2022) is 2120 - 2251. A close above 2251 and the upper trendline channel on weekly basis is a sign of long entry Stop...