Stable_Logic

Stable_Logic

A Bearish Flag Pattern has been observed in NSE:NIFTY , signalling a potential downward movement. If this breakdown is successful, the following targets can be expected: First Target: 22,550 Second Target: 22,000 Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice. Market movements are...

Stable_Logic

The NSE:NIFTY is currently exhibiting a tug-of-war between key levels, retracing from a previous selloff zone that acted as resistance. Notably, it found support at a previous supply turned demand zone. These zones have defined the market's boundaries in today's session, with price movements constrained within them. For the past three sessions, the index has...

Stable_Logic

On September 16 (Today) NSE:NIFTY opened gap up by 50 points, indicating positive momentum at the start of the trading session. The immediate resistance level for Nifty is observed at 25,415. If the index manages to sustain above this resistance, the next crucial resistance levels to watch are 25,502 and 25,535. On the downside, failure to hold above 25,415...

Stable_Logic

Today morning we shared an Idea about NSE:NIFTY forming Symmetric Triangle and by afternoon it gave the target to upside. Beautiful rally. Related Idea:

Stable_Logic

On September 12, 2024 (Today), NSE:NIFTY opened with a gap-up of more than 100 points, showing early bullish momentum. The index is now trading within a range and appears to be forming a symmetric triangle pattern, indicating potential breakout action. Key levels to watch are the day’s support at 24,978.20 and at 24884.85 and resistance at 25,141.15. A breakout...

Stable_Logic

In the last 30 minutes of yesterday's trading session, we saw a significant volume spurt in both NSE:NIFTY and NSE:BANKNIFTY , yet prices remained within a tight range. While NSE:NIFTY was trying to hold its ground with buyers stepping in, NSE:BANKNIFTY faced notable selling pressure. This divergence could be key in predicting tomorrow’s market movement. ...

Stable_Logic

NSE:BANKNIFTY closed relatively flat today amidst some market volatility. However, the pattern forming on the chart does not look good. We are potentially witnessing the development of a Head and Shoulders pattern, which, if completed, could signal a downward move. If this pattern plays out, we may see the index decline towards the 49,640 level. On the other...

Stable_Logic

The Bank Nifty is currently at a decisive crossroads, presenting a compelling opportunity for traders. The index has formed a double bottom pattern and appears to be breaking out of its channel, which typically signals a bullish reversal and the potential for significant upward movement. This setup suggests the possibility of substantial gains if the breakout...

Stable_Logic

The recent market activity suggests caution for Nifty as a potential bearish flag pattern might be forming. We've observed a "sell on rise" behavior over the past 3-4 sessions, indicating bearish sentiment. For Nifty to break free from this bearish spell, it needs to sustain above the 24,640 mark. Key Levels to Watch: Immediate Support: 23,940 Immediate...

Stable_Logic

BTCUSDT is setting the stage for a potential breakout with a classic rounding bottom pattern on the weekly timeframe. Since March, the pair has been consolidating and recently a significant sell-off is seen from the 70,000 level. This price action suggests the formation of a handle, which often precedes a bullish breakout. Key Levels to Watch: Immediate...

Stable_Logic

Bank Nifty successfully hit both targets from the recent symmetric triangle pattern within two days and is now consolidating near the 15-minute and 1-hour support levels. Immediate Support: 49,620 Immediate Resistance: 50,420 and 50,700 If the support at 49,620 is breached, we could potentially see a move down to the 48,850 level. Watch these key levels...