understanding trends through support and resistances.
understanding trends through support and resistances.
It seems like 4th of 5th of 5th of 5th is about to finish and it start moving higher in final leg up towards 1794 and thereafter it may start correction.
It should now bounce in B wave before next move down as C of Y wave. The drop from 5615 was impulse A wave and it should bounce in B.
It is moving in triangle and wave E is in progress as the part of B wave in ABC down until price stays below 1563. Need to wait for confirmation of bearish sequence before taking any trade.
It is in correction after completed ending diagonal and break down below the up trending channel. So it is expected to form ABC correction with invalidation level below 7823. If the current bounce of B wave will be sideways choppy, then there is a possibility of next C wave will go down further.
understanding trends through support and resistances.
understanding trends through support and resistance.
understanding trends through support and resistances.
understanding trends through support and resistance.
NSE:BANKNIFTY1! Long-term Bias (Weekly): Neutral Medium-term Bias (Daily): Neutral Short-term Bias (195 Min): Bearish At one stage in wanted to say "comprise" though I said "Compromise" please do not mind. I explained is more in the video than typing here. Hopefully this analysis make some sense for you. Thanks, Yogesh
understanding trends through support and resistance.
nifty50 has reached its top today now only correction please like my chart so that I can continue sharing exclusive ideas
understanding trends through support and resistance.
Bank Nifty Supply Demand Zones. (Not for trade) just for staying alert and avoiding wrong positions.
understanding trends through support and resistance.
NSE:BANKNIFTY1! Long-term Bias (Weekly): Bullish Medium-term Bias (Daily): Bullish Short-term Bias (195 Min): Bullish -- Generic lines below -- :) I explained is more in the video than typing here. Hopefully this analysis make some sense for you. Thanks, Yogesh
BANKNIFTY1! Long-term Bias (Weekly): Bullish Medium-term Bias (Daily): Bullish Short-term Bias (195 Min): Bullish -- Generic lines below -- :) I explained is more in the video than typing here. Hopefully this analysis make some sense for you. Thanks, Yogesh