Bank nifty formed box breakout Pattern , if bank nifty brokes 30420 - this is the entry point for Short & Target to buy is 28618 Let,s see how it works in this week.
1) Nifty is in consolidation mode near channel support. 2) consolidation happening In previous supply zone and trying to break supply zone.. 3) Nifty formed bearish flag pattern... 4) In day chart Nifty swings between .5 and .618 of FIB Levels (11627.55 to 11510), if breaks 11510 the target will be 11130 ( as per confirmation of major support of candle and...
Note: this analysis not for intraday.. As per my analysis nifty perfectly hit the support, which was act as an resistance previously.. if it breaks in 1 or 2 days it will go to the next target level and form double bottom @ 11111....... Not big difference only 308 points more ... In current situation nifty will easily hit this target... currently closed @...
As per the Analysis, Asian Pains made double top and hit dynamic resistance of trend line. This indicates the market reversal pattern. So down trend expected already distribution happening while checking lower time frame. So this expected downtrend possibly. target will be 1437.00 If downtrend failed and break out done above 1550 this his as per Fib level...
As explained in the chart market is expected is to continue downtrend till monthly support... Let's see and watch.... Targets are mentioned in the chart..
In Coming Weeks Bank Nifty is expect to Fall in up to 28750.. Since this is 2 hrs time frame. previously i also posted this.. this updated of the previous one. Target will reach minimum 1 Week to 2 Weeks. Target is 28750... Lets see in coming week.. If you like my analysis... pls hit like.. t.me www.youtube.com
Crudeoil Analysis for Interday..
This for educational purpose.. double bottom.... Target neckline perfectly achieved....
Jsw travels in channel line.. right time for buy entry... target 278.35
Coal India in in consolidation zone.. once breakout done.. it will down further 10 points.. Target is 212...
Reliance in buy trend. Elliott wave and box breakout
Axis Bank double bottom expected - 760. After double bottom, it will bounce back and target to 791 & 819.. target A. ABCD pattern formed..... Also kindly provide comment pls.....
Biocon formed Rounding Top.. since this is weekly chart analysis the time duration for the target is 2 weeks to 4 Weeks. Entry should be taken only if the breaks fib level of .618 level.. Note: There is chance for reverse @ .786 level. because the characteristic of Fibonacci is .786 level in day chart.. take this as first target. Then final target is Fib...
Wipro day chart retesting near supply and demand zone. If it breaks , Entry Point for Short - 255 - Target 240 If it retesting and pull back entry point for Long s 260 - Target 1 - 268 & 280.
Vedanta Chart formed Bullish Pennant. Entry 168.4 Stop Loss - 165.65 Target.. 175 Telegram : t.me Don't forget to hit like.... your likes will be more valuable and encourage me.....
Asian paints uptrend till 1402
Sbi currently swinging in demand zone. For Long - Buy entry - 353 Target - 361 For Short Entry - 347 Target - 337 Stop Loss for both trade is 349.55