Predicting the next move for Banknifty on the weekly timeframe whether it's bullish or bearish. Also trying to predict how Monday morning would be, and how we can make the best use of it,
Simple analysis of the two most important indices of the Indian stock market!
Gold looks goood for a short here. Following the short, we can get a good long.
Looks bullish. Bullish MS change, typical Fib pullback
Bullish Market structure, still beautifully intact. Every down move = Chance to buy more and more. Trade Safely!
A clear explanation of the expected PA, or possible moves.
I've tried my best to clearly explain the upcoming nifty price action, to my best. This is my point of view, and is purely what I think could be coming
AmarajaBatteri looks like it's completed the three Phases of accumulation.
Gold showing a weekly breakout here. Could it be the start of a new run?
We can now see that we bounced from the .764 Fib of the weekly leg up. Range low also being respected. I'm still bullish on this one.
This is the logic behind todays Trade. Any Doubts feel free to message me! :)
#banknifty Looks #bearish in the Micro Picture. A fall till 32000 to 33000 Looks possible. Macro still remains #Bullish This would be a Retest of the Previous high. After that, we should successfully push to 39000 and above. This is what I Feel! #Nifty #Futures #nseindia
The downfall on Friday, was easily predicted by me, as it was abiding the market structure. Its knowledge that makes you win, not capital.