Double Top - Bearish candles expected in the upcoming days if the demands are lowered. After the double bottom the market has showed a steady up trend rally. Same way now Double top has been formed. This has happen before and again its showing a strong double top , Hence down trend rally is possible if the demands are lowered. Given is my personal analysis.
Market May start with Gap Down around 14400s Hence retracement for the gap down is possible The Main Trend of todays market is Bearish STRONG LEVELS FOR THE WEEK - 14860, 14716, 14557, 14444, 14258 Swing trade is possible between these levels in positional not intraday , Currently the close price is in 14631 once the market is started with gap down then we can...
Crude Oil Call 30/04/21 Buy @ 4716 Target 4728,4752,4773
CAN NIFTY SUSTAIN ABOVE 15000 ? NIFTY-PREMARKET ANALYSIS 30/04/21 Reasons to Sustain above 15k. 1. India recorded the highest ever FII inflows of $37.6 billion in financial year 2021. 2. Amidst the COVID crisis India managed to obtain support from many countries. 3. The Overall Chart Pattern of Nifty remain strong on the upside. Reasons that nifty can view a...
LEVELS for 29/04/21 15043.10,15012.35,14964.65,14920.25,14890.65,14878.80,14865.00,14841.30,14813.70,14779.40,14737.30 TECHNICAL ANALYSIS : After a huge gap down happened on 12th of April the market started to retrace this gap down and was in raise since 12th April , Now the retracement has been achieved and so market may give a gap down again today and the...
LEVELS are marked in the chart , These are the strong support and resistance in the upcoming market. Double bottom in 30 mins timeframe And as per the chart pattern the market has moved up. Now it has hit the strong resistance at 4691, and its time for a reversal which is a down rally. We also need to check the inventory release for tmrw and involve in...
SELL and BUY Entry for 27-04-21 Since India gained support from multiple countries to fight against the second wave of Covid , the market is in up rally as per today. The targets can be the support and resistance levels drawn in the chart.
PRE-MARKET TECHNICAL ANALYSIS : 14488.20,14450.00,14399.10,14354.15,14301.00,14273.25,14230.60,14204.35 Provided are the levels based on the support and resistance of the market. Since market went down rally last week , Gap up is expected today and then the market continues to travel in the trend of last week. FUNDAMENTAL ANALYSIS : Due to the COVID second wave...