msk_analysis

msk_analysis Updated 

Details on chart Happy Trading

msk_analysis Updated 

ESCORTS couple of days before had a false breakout for inside bar The Fakey pattern can be best be described as a “false-breakout from an inside bar pattern”. The Fakey pattern always starts with an inside bar pattern. When price initially breaks out from the inside bar pattern but then quickly reverses, creating a false-break, and closes back within the range...

msk_analysis

Details on the chart , use the trendline to enter trade Happy Trading

msk_analysis Updated 

Refer charts Nifty looks to be forming ABCD pattern in addition on Friday, it has crossed 200 DMA , that will give some bullishness in the coming sessions Trade setup - once the price sustains above point B on chart in a 30 min candle, can go long with point B on chart as SL P.S - Take an entry only after initial noise of the market settles, usually in...

msk_analysis Updated 

BNF gave a breakout from descending triangle pattern yesterday. we may see a GAP UP opening today near the resistance zone, if it able to break the resistance zone, we will see rally on upside but if is not able to break it, we may see BNF re-testing the triangle line Happy Trading

msk_analysis Updated 

Nifty after consolidating in a range for 3 days gave a downside breakout. DOW yesterday gave an upside triangle breakout and forming an expanding wedge pattern that denotes extreme volatility It is in all possibility Nifty to follow the DOW pattern today Trade setup provided on charts Pls do keep a watch on SL levels 10689 - below it - the hypothesis stands...

msk_analysis Updated 

Dow futures after giving a false breakout and today has given a strong fresh breakout that may sustain if it is able to take down the resistance today, it may start its journey towards the target mentioned in charts There is a possibility of slight consolidation as well if it struggles with the resistance details on charts Happy Trading

msk_analysis

Bank Nifty has formed AB =CD bullish harmonic it was quite a volatile US market NASDAQ swinging from been up 1.9% and closing down - 2.1%. This may lead to indian markets opening GAP Down Try to enter as near to SL for the maximum benefit of risk-reward. Targets mentioned in the charts Happy Trading

msk_analysis

Pls check the chart .. Tomorrow indian market may take a plunge due to DOW fall Happy trading

msk_analysis

Inside bar in Infy could not breakout and came back inside the range again. In most of the cases, the direction reverses after a breakout failure Trend lines are something that attracts price like a magnet and Infy is trading quite near to trendline resistance, That may cause price to rise to touch the trendline and fall. That's one of possible scenario for...

msk_analysis

In continuation of my earlier view on Axis Bank , the inside bar didn't gave any breakout and formed a perfect doji doji inside an inside bar signifies indecision and congestion. its like a compresses spring going to be unleashed. A possible way to make the most out of it would be in equity or futures buy above 441 sell below 419 In options buy a 410...

msk_analysis Updated 

Details provided on charts Movement of Dow impacts the Nifty and BNF , so traders always try to analyse DoW to predict Nifty movements Dow may witness an interesting harmonics .. take it with a pinch of salt, as harmonic pattern is not yet formed and trying to guess how harmonics will form is like trying to predict a path for DoW.. usually that never comes out...

msk_analysis

Axisbank inside bar formation is quite near a trend line resistance the details of target and stop-loss are provided on charts the entry depends on risk-reward ratio you choose, entry price closer to SL will always provide you far higher reward with a lesser risk Happy Trading

msk_analysis Updated 

DOW being DOW is always hard to predict ... Today if it breaches 25772 Lvl on downside can further go down 250 pts Indian index lately following DoW movements quite keenly Happy Trading

msk_analysis Updated 

DOW seems to be moving to test the upper trend line after forming a bullish harmonics in 1 hr pattern it may face some resistance in .618 fib lvls would be interesting to see where it moves after touching the upper trend line Happy Trading

msk_analysis

NIFTY is presently testing resistance zone . this resistance is valid till the recent high 10330 . If it manages to break it, 10550 is on the card and 10320 will act as support TRIGGER POINT - CROSSES ABOVE 10330 if it could not break the resistance, it would retrace back to targets mentioned on charts TRIGGER POINT - CROSSES BELOW 10175 The market...

msk_analysis Updated 

DOW has hit resistance zone and may correct 2000 points from here , the correction may become reversal if it falls below the dotted support lines as mentioned in charts Happy Trading

msk_analysis Updated 

DOW gave some real good rally on Friday and ended up hitting a resistance zone and BNF followed the trend by rallying upside in last 45 min of Friday trading. If DOW doesn't fall drastically on Monday morning, we may see good GAP UP opening for BNF have plotted BNF upper resistance from GAP opening perspective if BNF GAP opens above 21575 , we may see upside...