KarniKripaa

KarniKripaa

1. Breakout & retest of TL 2. Trend - Bullish 3. 8 months consolidation breakout 4. TP 1- ATH & new highs can be expected

KarniKripaa

1. Trend - Bullish 2. 2 Months Consolidation 3. strength - Strong 4. Breakout - Pending

KarniKripaa Updated 

1. Trend - Bullish 2. Pattern - Pole & Flag 3. Breakout strength - Strong

KarniKripaa Updated 

If we get closing above resistance, it will be closing on daily as well as weekly. A good momentum can be expected on upside in coming days Major trend is bullish

KarniKripaa Updated 

Banknifty as long as it is above 43600 and below 44212 is side ways. Also it can turn out to be a base building for upside move. until 15 min candle close above these levels, no momentum can be expected and direction for short term remain bearish to sideways.

KarniKripaa

1. Trend - Bullish 2. Double bottom 3. Strength - UC hit

KarniKripaa

1. Trend - bullish 2. Pattern - POLE & FLAG 3. Strength - Aggressive

KarniKripaa Updated 

1. Break of downward trend channel 2. Retest of upper channel TL 3. Double bottom formation 4. Major trend is bullish 5. Risk to reward is very handsome

KarniKripaa

1. Nifty is in sideways 2. option buying would hard in sideways, however if played our at extreme levels of support & resistance can be beneficial. 3. Option sellers little easy in choppy market, has side ways ranges are clear.

KarniKripaa

1. gap down at the opening and make new high for the day 2. After break of day's high price give about 73 approx points move on both days 3. As yet sell on rise would be suitable.

KarniKripaa

Since Oct 2022, USDINR first time gave breakout today. We can see volatility in coming days.

KarniKripaa

Nifty is making lower low in smaller time frame. Major trend is bullish, smaller trend is bearish. Market is getting into a retracement If nothing makes sense, then wait patiently to hit hard when trend change in smaller TF as well. Do not trade random, wait for price to come to your level to have most favorable risk to reward trade set up.

KarniKripaa

Nifty is sideways to bearish, even after inverted H&S, price did not get pushed. there is a high probability of trapping on both sides. Bullish view continues above ATH & bearish view will be confirmed below 19303.

KarniKripaa

Banknifty is weaker then nifty, may due to some news. How ever chart shows weakness, Major retracement is due too so first sellers will be trapped and then buyers. above ATH only BN will be strong till then play for small profits only Trend is side ways to bearish

KarniKripaa

Reversal pattern on nifty does not have strength, which clearly an indication that buyers are being trapped. We can see reversal again in Nifty from one of the resistance levels 19795,19865 if not from these then most likely 19991 Decisively, nifty will be strong only above 19991 and sustaining above it Trade with cautious

KarniKripaa

As we can see the pattern is yet to complete or break its neckline, until then this is not suitable for trading. we can only expect a momentum when on upper side it breaks 45095 levels and on lower side 44279 Nifty has momentum yesterday as it gave breakout of the H&S with gap up & BN did not.

KarniKripaa

1. Bullish H&S pattern (Reversal/ Inverted H&S Pattern) 2. Price turning from support giving a false breakdown, on daily TF earlier resistance. 3. Major trend bullish, short term was bearish until this reversal set up appeared. 4. Now for short term buy on dips is logical to trade.

KarniKripaa

1. Inverted H&S evidently seen on chart (just like book pattern) 2. Price is reversed from a strong support