Bank Nifty Index study with price action : Previously last week we had predicted for banknifty to achieve target of 48352 on 17 - 01- 2025 and next 49069 by 22 - 01 - 2025. The second prediction had a little miss but price went further down when the key date came on 22-01-2025. This key date was previously predicted for Nifty. Nifty did a good marking on this...
Nifty 50 Index study with price action : We assume Nifty in a correction phase from 27 - 09 - 24, i.e. 119 calendar days before today. Then market did a upward retracement ( bullish ) from 22 - 11 - 24 for 22 days . This was the longest upward retracement ( bullish ) which was worth mentioning. As per price action, the market is still in a downard retracement (...
Om Namah Shivay Aluminum has traded from 93 lifetime low to 325 lifetimes high. Made high during March 2022 before 1.5 years. After 1.5 years, it looks like still negative and has downward targets - only if 204 level is safe and not breached. From the weekly chart, it is clear that there is significant down trend movement pending for the white metal.
Om Namah Shivay, where is Menta oil headed? By looking at recent movement, we were expecting a change in pattern, after 23-7-23 week. It is completing one pattern on that day. It can be treated as channel or a zone for correction in both time and price. Before we go and trade for intraday, we need to see the big picture. Mentha oil has seen marvelous journey in...
Om Namah Shivay, 42610 should hold for some time say 1-2 days for the upside movement, otherwise it is a correction. if it does not break 42614, then 43078 is visible :) As per Gann numbers, it should make top either on tomorrow 25th or 5th may, or 19th may.
Tencent May take a call from the trend ?