Doinel33

Doinel33

A clear cup & handle in formation. If breaks the high we can clearly reach the target of 135 within a week.

Doinel33

Here I provide a detailed analysis of Banknifty for Monday, May 8, 2023. In this video, I delve into the key levels and potential scenarios that traders and investors should watch out for. During my analysis, I discovered a crucial make or break level at 42500. This level holds significant importance as it will determine the next move for Banknifty. Additionally,...

Doinel33

BankNifty is poised to potentially achieve a new high above the 43000 level. Our analysis indicates that it has been consistently making higher highs, while failing to establish a new low, indicating a trending market for the past few days. We have observed heavy put writings on levels below 42900, suggesting that a little bullish momentum could still provide...

Doinel33 Updated 

Bandhanbank is displaying an Inverted Head & Shoulder pattern and is currently experiencing a constant upward trend with the formation of a rising wedge in some time frames. As per my analysis, buying on dips in this stock could be a favorable decision. However, it is recommended to wait for a small correction before initiating the trade. It is advisable to place...

Doinel33

In the case of #BankNifty, we can see that the pattern has recently emerged, with a clear head and shoulders formation that is currently in the process of inverting. In 5 minute chart we can clearly see The left shoulder was formed, followed by a sharp drop and a bounce-back that established the head of the pattern. This was followed by a pullback that formed the...

Doinel33

In analyzing market trends, it is important to identify potential no-trade zones and formulate appropriate trading strategies that align with one's risk tolerance and overall objectives. The current price range between 17609 and 17670 has been characterized by strong buying near the lower end and selling near the upper end, indicating the presence of key...

Doinel33

Finnifty has formed a strong bullish engulfing pattern and appears poised to breach a trendline resistance. If the current bullish momentum persists, there may be significant short covering, leading to a potential price target of 18930. However, it should be noted that a bearish stance may be warranted should Finnifty fall below 18820, depending on evolving market...

Doinel33 Updated 

As we can see BTC has formed a hammer candle on a retest zone, We might hit a new higher high. If that happens we can surely lookout for long opportunity on next retest near 30460 or if it forms any bullish retest signal above that which will probably give the targets of 31432 & 32000. Let's see & wee. Why? Strong hammer on 78.60% fib. We already have a breakout...

Doinel33 Updated 

If price action follows you can enter in 41700 CE along with tight trailing SL near a given point. Follow your risk management stay disciplined.

Doinel33 Updated 

I'm bullish with all the data but as we can see the daily chart has constant upmove since few days there are chances that banknifty would show us one red candle today. if not I'll not buy full quantity next week.

Doinel33 Updated 

banknifty will be preaching towards 41580 today as per the data & technical. As seen in the charts we have a strong consolidation near 41325 to 41377 we might see a downfall before 41580. But it will reach eventually by today or tomorrow. Enter with your trailing SL we might reach 41666 as well.