About meHonestly Speaking, I come from the web development field. Since I was studying in class 10th since then I have started my own trading and the fractures of the days within me have been developed since time immemorial.
Banknifty is going to make DOUBLE TOP as mentioned in the chart.
A QUESTION is only, that should it cross..?
The answer depends on many factors, volume, news, thought of the smart move, etc. I am 100% sure and let you know before it happens. Keep your eye on volume and sentiment of Smart Market will result in you.
Buy ITC 268 above is not worry for target 278 nearby and if the cross and close above 278... then spike up to 286-292.
This stock is really good for investors. Let me show you the daily chart with projection.
Nifty closed at Resistance 11925 with double top formation.
If everything is fine, then the target will 11966 above and support can work as 11885 intraday.
Suppose to anything change, you will get ALERT/ NOTIFICATION if you hit LIKE button.
Long side trading preferable with using strictly protective stop.
There is support range 31110 to 31060. If suppose trade 31060 below will give super fall.
If you remember my last update, BANKNIFTY exactly has taken support exactly from my (x) support.
Now It's at support and or more slip downward.
I am trying to publish since 15 min. but There is something wrong my internet or in trading view. it's little late.
Selling at a value high it good.
Resistance 11912 to 11894.
Hit LIKE button for realtime NOTIFICATION.
(GST) for June stood at Rs 99,939 crore. It slipped.
Rupee settles 9 paise higher at 68.94 against US dollar.
Chart Projection might be required to correct. Something is cooking which cannot see by normal trader's eye. After the big move, the price will its own normal channel. The market is not going to close permanently, therefore don't get hurry with greed or get fear.
Fundamental points to be considered for traders:
Media believe, GDP kept...
Price trading at value low with created an excess.
Waiting for the tail to enter the direction of the long side for target 294 nearby.
Buy in a dip(when down spike) 268-269-271 are a good level for entry.
This pattern important role in the breakout to the downside (Some analysts believe that increased volume is not all that important).We always consider the strength or weakness of volume as being the "straw that stirs the drink."
Let see what will happen here minutely and something we can conclude.
How can we trade descending triangles?
Let's check below will...
TimeCycle will help you to verify the target for a time. If everything is normal then NIFTY will take turn tomorrow on downward.
Pivot level is upside and buyers can take its benefit for profit booking.
Hit LIKE button for ALERT you, when to SHORT SELL?
Banknifty formed a new channel which has target 31070 nearby.
This is also resistance and Pivot for changing direct for short term at 3020 nearby.
This new channel is not reliable as compare tight and bigger channel.
Follow me if you want notification alert.
Support 574 to 879 for targets 2 days of trading secession 605 to 614
Breakout Pivot 615 above for targets 680-689.
Buy in dip because protective stop is below 570,
The price following "control price" and in the starting nifty fall will give power by control price 11655 nearby as support.
Let it be open the Market and You will get REAL-TIME alert if you hit LIKE button.
A 38% Fib. Retracement existed 11665.
News and Points to cover for today:
SGX Nifty (Jun 25) trading at 11,701.00 which is -15.00 -ve.
Gold rises to near...