Hi All, Looking at chart for the pair, I previously expected the pair to form an inverted H&S, but instead of that, the pair is trying to form a DB to move ahead. The plan is to look for a short sell in this pair. Entry , Sl and TP marked. Thank you
Hi All, Looking at chart for the pair, we can anticipate the sell trend is coming to an end. The month support holds good, Bullish candle in 4hr with good volume. We can see the price is now forming an inverse H&S(trend reversal pattern), where we are buying the head. The plan is to look for only buy in this pair. Entry , Sl and TP marked. Thank you
Gold is in a parallel channel in Week TF. One leg of downside possible to $1580-$1600 for a big upside movement. Sell Gold at $1880-$1850 for a $1600. Buy Gold at $1580-$1600 for a target of $2200-$2500.
Crude is bouncing from a very good Demand Zone in WEEK Time Frame and is near to the neckline of Inverted H&S in DAY Time Frame. Buy when Breakout above Neckline Buy above 6750 Tgt 7250 - 7600 SL 6500 Disclaimer: These are my personal views and are for Educational purposes & paper trade only. Please analyse yourself also and consult your financial advisor...
Banknifty has formed inverted Head & Shoulder in 15/30 min Time Frame. I'll be entering long once the neckline is broken. Entry: Any closing in 15/30 min above 42750 Target: 1st taget -- 43150; 2nd target -- 43500 SL: Any 15 min candle closing below42500 One can look for conservative entry at the retest of the neckline after breakout.
Banknifty is bouncing from the trendline. Looks very bullish to for new swing high. I'll be going long today seeing the structure formed. Banknifty looks good for a target of 44000 and above
Nifty has formed Double Bottom and broken the neckline. Looking for a good sell opportunity. If Nifty retraces, then we can look for shorting opportunites near 18130-18180. Entry: 18130-18150 SL: Any closing above 18200 in 15 min Target: 17900 Keep an eye on Nifty 18200 PE for this expiry.
Nifty has formed Double Bottom exactly at the Demand Zones and is looking bullish Nifty looks good for a target of 18750 if day closes above 18260. I might go long today seeing the structure formed. Please keep an eye on 02nd Feb 18000 CE expiry
Consolidating near 43400 levels for somedays now. Any closing in 1HR above 43500 will provide a rally upto 44000-44150 Post-entry, can keep SL of any closing in 1HR below 43300. 43200 CE @ 380-390, Should have a good value if the setup is triggered
Nifty looks bullish till 18400 levels.. Look for shorting opportunities near 18400. Has a good Risk reward ratio with SL closing below 18170 in 1HR.