sachin81ksd

sachin81ksd

on 6 month Time frame ... nifty100 last 11 years trendline of resistance touched in december 2020 with confluence of RSI meeting its MA which will act as strong resistance ... net net ... next 6 months will be make or break for nifty stocks . lets see ...which way this camel will turn .

sachin81ksd

chart says it all

sachin81ksd

MAKING A DOJI ON WEEKLY AT TOP ...WILL REACH UPTO 18800 SATISFYING THE 4H BULLISH DIVERGENCE & THEN START THE DOWNWARD JOURNEY FROM NEXT WEEK - MONDAY ONWARDS ..IMHO .

sachin81ksd

banknifty due for correction ..break of 30150 on closing basis will take it to new high ... most probable scenario as festive season approaching ..is of a small correction .

sachin81ksd

HTF screaming bullish phase/trend in continual ... so any dip is buying opportunity ...also ...if 28900 broken ..it will be start of downfall /trend reversal ..but its of very less chance as of now ....major trendline resistance on the top (light blue line) is final frontier near to 30150 ..be careful there . i expect sudden reversal there (only when we reach...

sachin81ksd

if bitcoin broke final frontier of 16200 -- chances of which are now more then 65% ...it will go parabola ... hope on the rocket ship.

sachin81ksd

New high coming in NIFTY...almost same scenario every market ... keep minting money till it last its the euphoria phase --2021 will be the encounter with reality . any dip is buying opportunity .

sachin81ksd

have all the makings of shooting to 16210 on weekly & daily charts & thats the point from where i fear fall will start to 7200 again . a longterm view ..have to save this chart with reminders .

sachin81ksd

bitcoin is at edge of peak , most probable direction is deflection ... if go by the trend line & back test it ... slanting red line would act as strong resistance , break of which can bring god rally ..whereas it holds lesser chances ... while green line would act as support line . Rsi is also going to give swing top failure if it bends from tomorrow .

sachin81ksd

that red line is resistance .. bank nifty had tested the resistance ..if it breaks it ...then it should be explosive move . but more chances r toward down move ... there is one green slanting line starting from latest swing high candle (made by gap up) . that is the intermediate support ..if it broken we may see a fast down move toward last gree support line ......

sachin81ksd

chart speaks it all .

sachin81ksd

BULLISH DIVERGENCE AT SUPPORT ON MONTHLY FRAME ...WILL LEAD TO GOOD RALLY IN #DXY .. WHICH WILL LEAD TO GOOD CORRECTION IN #GOLD #STOCKS #BITCOIN #NIFTY #SPX

sachin81ksd

any monthly close below this level as shown by 3rd line from top...will lead to revisit previous lows agains & then new lows .

sachin81ksd

this monthly chart is clearly showing bearish divergence ....with any closing below 10650 on monthly candle close will confirm the bearish divergence .

sachin81ksd

charts says it all , no need to explain it .

sachin81ksd

3 doji in a row ...with gap -- it may be island reversal pattern on 1 day , also if u see on weekly & monthly time frame , NIFTY IS HITTING TRENDLINE RESISTANCE (GREEN & RED LINE) . IF TOMORROW GAP DOWN OPENING BE PREPARED FOR DOWNTURN .

sachin81ksd

DXY at interesting crosspoint ...RSI on weekly at very strong support line ,beware ..it can go up from here ..killing the price rise in gold ..precious metal etc .

sachin81ksd

WEEKLY & MONTHLY BOTH STOPPED AT TRENDLINE RESISTANCE ,WITH WEEKLY CANDLE CLEARLY SHOWING DEFLECTION FROM TRENDLINE RESISTANCE ,WITH DARK CLOUD COVER CANDLE PATTERN EMERGING ON WEEKLY CANDLE CLOSE . BEWARE CAN SEE GOOD FALL FROM HERE .