banknifty in a channel. will make very bullish move in next few days
multiple test of support at 46600, possible pullup before a downward crash
Nifty broke out of the head n shoulder pattern, next target is 22120
Bnf has broken the previous support of 43850 and full day price has stayed below this crucial support. weak technicals combined with the bearish geopolitical news will trigger panic and cause heavy selling.
a double top and a breakout confirmation below 44320, will trigger a lot of selling and a huge downfall is expected. support 1 at 43830, support 2 at 43500
pullback to 19600 and a spike from that level can be expected, 19720 - 19750 is target
pullback to 19600 and a spike from that level can be expected, 19720 - 19750 is target
Nifty in a expanding downtrend, could possibly see 19200 levels this week
DJI has been in consolidation for almost 4 trading days, but the overall trend/channel is downwards, expect huge selloff, once the consolidation is broken downwards. very high risk to reward
considering the two pivot points in the last few trading sessions, DJI has formed consecutive lower highs and lower lows, thus a possible new downward channel. currently, the price is at 200 ma, which could act as a support and give a pull up. 35,400 is a good resistance level.
nifty is in a downward channel, expect a pull back from the current levels to 19700- 19725 level before it starts making a downturn to 19450 #nifty #niftyoptions
With new highs and a double top, a much expected correction might take place, and 44500 is the first immediate support that might be tested #S&P500
HDFC has made mutiple bounces from me support trend line but failed to breach the previous highs and close above. longer time frame shows a possible reversal, if 2620 is breached, we could see hdfc making lower lows
Bitcoin in Upward channel support - 28000 - 28200 Resistance- 31000 - 31200 Target - 39000
downside of 1-1.5% is expected before we see a rally of 2.5-3%. Support zone -9.05
Banknifty in a range, S1- 40200 s2 - 39700 r1- 41200 r2- 41900
nifty in a upward channel, bullish above 17920. Bearishness if breaks the day's low
banknifty posible upside breakout. upper resistance 41700. lower support t 41100