I think there is quite difference in the RSI and The Price of ETH. I dont know whether it can be a sign for a bullish momentum, but it surely is something as the strength is increasing or same as shown in the RSI but the Price was falling which means the price is falling but it does not have much strength and maybe its time for some bulls to takeover ETH. Please...
This looks a bit scary on the technical basis as you can clearly see an Double Bottom Pattern and that also on a Monthly timeframe so. Moreover you can see The Hilega Milega Indicator is also very bearish as its showing a bearish divergence which is really scary. It is slightly tense to look at the chart of BTC. However we have to see whether the price will follow...
According to the chart analysis, Bank Nifty is quite bearish. As you can see in the chart there is a head and shoulder pattern, although it is not an ideal one, it can show its significance once it breaks the respective trend line. If Bank Nifty opens in a Bullish way then you can expect a decent volatile session as the India Vix is only 1.5% up. This market is...
The Nifty seems to be somewhat bullish in the near time in the hourly basis time frame, The given ranges are mentioned in the analysis. The market will give a breakout once it breaks the nearest support or resistance mentioned in the analysis on either side. . . . . . . . . . . . . *Disclaimer*- This is just an analysis of the data on the basis of technical...
The Nifty gave a tremendous Gap up opening as I analyzed in the previous post. Now today Nifty 50 is looking bearish as you can see a formation of a Channel and also the PCR is 1 which is Neutral or Bearish. As shown in the picture, there is a major resistance on 16225-16250. But if Nifty opens with a gap down opening be carefully as it can also be a fake move to...
Nifty is on the make or break level. We can see a good move on both sides/ So keep an eye out. . . . . . . . . . . *Disclaimer*- This is just an analysis of the data on the basis of technical factors such as chart patterns, candlestick patterns, trend line , option chain data, etc,. Stock Market or Trading in any type of market is subject to high financial risk....
The Nifty is forming a cup and handle pattern on its 5 min chart as well as 15 min time frame.. so if Nifty gives a candle above the today's ORB then it will give you a nice move to trade on.. make sure your Calls are ready...
Nifty 50 is not looking good as per option chain data there is heavy writing on 15900 on call side but put side is considerably weak. So keep your puts ready as most probably the nifty 50 can go down after this consolidation.. . . . . . . . . . . . . . . . . . *Disclaimer*- This is just an analysis of the data on the basis of technical factors such as chart...
The ORB (Opening Range Breakout) IN THE PICTURE YOU CAN SEE FIRSTLY THAT, THE ORB THAT I DRAW WAS WORKING LIKE A CHARM AND THE MARKET FOLLOWED IT PROPERLY. SO ITS VERY ADVATAGEOUS TO ALWAYS DRAW AN ORB (OPENING RANGE BREAKOUT). TH TECHNIQUE TO DRAW ORB IS; = IN THE FIRST 45 MINUTES OF THE OPENING OF THE MARKET MARK THE HIGH AND LOW AS SHOWN IN THE CHART. = IF THE...
Bank Nifty is looking quite bullish as Nifty 50 is also bullish but one thing that you should remember is that the Bank Nifty is considerably weak then Nifty 50. So you can expect a bullish view tomorrow. A gap up is expected because 1. There can be a break out due to ascending chart pattern that I analyzed in previous analysis. So keep an eye out their. 2. After...
So Nifty 50 is looking very bullish and it can also give a gap up opening because of some factors that I will tell you. these are; 1. There is a perfect green hammer in the weekly chart and the daily chart as well. 2. After analyzing the option chain we saw that the call writers exited their shorts in huge and amount and their is a short buildup heavily on the...
Bank Nifty can be a little bearish which may have an impact on Nifty also but same as nifty it will consolidate between the specified regions. There will be no more particular breakouts. So you can have a short strangle or you can sell a call or buy a put near the specified resistance zone. Or you can buy a call and sell a put near the support zone. Overall as I...
Today the chart of Nifty 50 is showing a neutral sign and the market can give both upside and downside move between the specified ranges. So, you must take trade responsibly after observing today's global markets and fundamentals. Also you can consider this day as a consolidation period for Nifty for a good breakout and trade in the options of some stocks. As...
In this chart 15 min you can clearly see a Bullish Harami also as an closing candlestick pattern, on 1 day chart my indicators are telling me that we can expect a bullish opening tomorrow i.e. reversal and the trend can change as its been two to three bearish days and today we are seeing a slight hope of reversal. Just one thing that we have to see is that how...
It is a chart of Bank Nifty on the 15min timeframe. As you can clearly see that Bank Nifty is making an ascending triangle chart pattern which is a bullish pattern as well as Bank Nifty weekly chart is showing a clear bullish harami. So if you buy weekly options than the trend is definitely positive. But Bank Nifty is quite bearish on the basis of intraday. PS-...
The analysis provided by me is just an analysis. And if these levels happen, then you can buy as well as sell according to the given levels and your condition. But remember for long term investment this is the best oppurtunity where you can wait and watch any invest your money in the dip.
If ethereum enters the range that i mentioned and if it moved below the line that due to formation of Head & Shoulder pattern it will give you an approximate dip of around 200 dollars. And you can either short sell or you can either buy at the dip.