As mentioned before, so long as DXY has not reach the finishing line, which is the higher time frame upside objective, Risk Off will still be in play. Same narrative, different pair. What happens when DXY finally gets to the upside objective? We sit sideline and study what it wants to do next. There are only 3 possible direction of the market, Bullish / Bearish /...
CIMB came closed to its all time high price @ 6.180....Rate hiking “temporarily” halted?..Or?...
Keep Eye on Axis Bank as Expected Target Price would be 992 🎯 ( Swing Trade ) Note : This is just for Backtesting and Educational Purpose.
Bank of America (BAC) got heavily rejected in early November on its 1W MA50 (blue trend-line) and hasn't recovered since, staying for the whole December below even the 1W MA200 (orange trend-line). This is not the first time we see such price action from Bank of America. As you see on this chart, ever since the November 2011 Low, the stock has been trading within...
didn't post any new levels because I was waiting for these levels to get tested. guess what patience wins and price action too. keep your trading simple and manage your RRR the only holy grail of the stock market. Don't oversize for tomorrow's session ya. Best of luck traders.
Hello and welcome to this analysis ICICI BANK on daily time frame has initiated a Bullish Harmonic Reciprocal ABCD pattern. It could bounce back to 925-935 if it does not break 898 Bounce candidate in a lower time frame oversold scenario
JP Morgan Chase & Co. (JPM) has basically turned sideways since November 11 (despite the marginal November 25 Higher High) putting a pause to the enormous 1-month rally since the October 12 bottom. The big news on this chart is that the 1D MA50 (blue trend-line) is about to cross above the 1D MA200 (orange trend-line) to form the infamous pattern of the Golden...
as we can see market is respecting the major support zone and our festive season shopping too. even as of now usa market is even .50 percent is up so ya for tomorrow im gonna keep my bias towards upward direction and not be taking any bearish trades. DISCLAIMER: we can witness the trending market tomorrow. Best of luck for expiry traders.
clearly we can see the pattern is forming. target: 1600. kotak will reach its bottom point after completing this pattern, making it to buy at best timings! have a good eye.
Head and Shoulders Bottom Chart Pattern BBNI. BBNI confirm chart pattern head n shoulder bottom. dan akan melanjutkan uptrend. Target sesuai pada analisis chart diatas.
markets are in deep red and gonna open in deep red too so this time my personal view on the market will be like no trading on Monday. Fridays USA markets were in deep red so we can see the panic in our Indian markets on Monday. so I personally would like to wait on the sideline for a better opportunity rather than jumping any other trades. because markets are...
I believe that $GS is a great opportunity to buy at this levels, their PB ratio is 1.08 which is one of the best ratios compared to other American banks at this point. They are one if not the largest investment banks in the world and they are also paying a 2.58% dividend yield. Combine that with the rising rates that will give even better margins and I truly...
I am very bullish on this Stock. Daily heavy volume generation, with forming Lower price consolidation range. Now this is the time to see this for long term perspective. Views are personal and solely for educational purposes.
Nifty Private Bank Index if break out below 17500 sure it will reach what i expect in bottom
MYX:FINANCE Uptrend Long Investment Strategy. Last call Banking Sector US Federal Reserve will raise interest rates soon !!!
Hello and welcome to this analysis on STATE BANK OF INDIA On FEB 15, it showed a very strong reversal after 5 days of steady decline from 550 to sub 500. Currently on the hourly time frame it is completing a bullish flag and pole pattern suggesting upside levels of 535-540 as long as it does not break below 510. Good Risk Reward set up here
Hello and a warm welcome to this analysis on Bank of Baroda In daily time frame it has made a Bullish Harmonic Gartley and in hourly it has made a Bullish Regular RSI Divergence. Both suggesting a pullback till 85-90 as long as it does not breach 78.25
Hi we have analyzed this INDEX and there 2 upcoming scenarios which are based on Price Action and Fibonacci projections. both the analysis are having Time forecast as we have analyzed the Target zones by the Fibonacci Time Base tool which is giving us the at most time span to achieve the forecasted TPs the two scenarios are as follow... 1. Long. as we can see...