PEL is Bearish in my Opinion it can come up for short term but long term view is negative untill breaks 1147 high then it will reverse.
Bank nifty monthly patterns captured in the lines and possible next highs and lows can be analyzed using this model. for educational purpose only. this is just my personal view. this is only for educational purpose only.
Dear All, Fortunately, we got to witness a closing of above 17800 for two consecutive days. This altogether, strengthens our expectations towards the level of 18170 for the near term. However, it will be suggested to keep patience for now, since today is the last trading day of this week. As, the weekly closing will somehow help us to understand the Market's...
RISING WEDGE PATTERN Buy Above - 17920 SL - 17880 Targets - 17970,18020,18080 Sell Below - 17860 SL - 17900 Targets - 17820,17770,17720,17660 Trade Safe & Happy Trading Guys
NSE:HAL Looks very weak in all higher time frames. 1] At Monthly time frame it is a clear Bearish engulfing pattern. 2] At Weekly time frame it is having a head and shoulder pattern. 3] At Daily time frame it is clearly completed a head and shoulder pattern. The volumes are dried during the phase of H&S and started to pick heavily during down days. 4] Neckline...
Closing above 997--1000 Tredline Breakout. Above 1000 next target will be 1015 & If Price holds at upper levels than we can expect upper target of 1056 & 1143.
nifty 50 taking resistance Keep in watchlist, wait for close above the level
NSE:NIFTY Has some support at 17760. Hopes it will reverse from there
It's Formed a RISING WEDGE pattern Buy Above - 17910 SL - 17880 Targets - 17940,17980,18020 Sell Below - 17830 SL - 17860 Targets - 17800,17760,17720 Expected Expiry Range is 17750 - 18050 Trade Safe & Happy Trading Guys
As expected 200 hours EMA is proving to be a strong resistance for NIFTY. Unless Nifty can convincingly close above it further journey will be difficult. Tomorrow again Nifty might consolidate a bit later in the day Nifty might try to cross 200 hours EMA. let us see if that can sustain. Resistances For Nifty: 17910, 17974 and a very tough resistance thereafter...
Dear All, What a beautiful day it was yesterday, which seemed like a perfect “8 ke thaat”. Wherein Nifty had given a beautiful closing of above 17800. Just as we had stated in our weekly analysis on Monday itself, similarly, perfect Piercing Pattern on the weekly chart can push the index towards the level of 17800 and then further to 18170. Moreover, a...
The idea here is about Nifty 50 Index : My view is Short term Neutral to Bearish (upcoming week) & then bullish for the below observed technical factors. Points as per TA observed on a Weekly, daily & Hourly Chart: Hourly Chart: 1. Bearish Crab Harmonic Pattern observed on a 1H & 4H chart. Target price & Stop Loss provided on chart as per below: 2....
Buy Above - 17880 SL - 17840 Targets - 17970,18020,18080 Sell Below - 17820 SL - 17870 Targets - 17770,17720,17660,17580 Trade Safe & Happy Trading Guys
NSE:NIFTY What a setup in Nifty !!! and that dropping volume... Keep watching.
Booking profit and taking exit from an trade is also a part of trading which you have to learn , in this video I try to focus on small things to make you understand better #nifty #banknifty #nifty50
Do you know this ? If price breaks out from a channel and then subsequently moved back in to the channel and now if it again breaks down from the channel the fall will be almost equal to previous break down.
#Nifty is Getting ready to breakout and sustain above 21 Day Moving Average Although I believe it has a high probability of breakout and a rally across the market
Once Nifty is able to cross 50 Hours EMA it can travel further. 17793 is the number above which Nifty needs to sustain. Supports For Nifty: 17649, 17580, 17495 and finally 17345. Below 17345 Nifty will become very weak. Resistances for Nifty: 17793, 17828, 17914, 17974 and finally 18200. Above 18200 Nifty will be Bullish.