I'm looking for ever opportunity to be short in this market after a large run up last week. Taking this newly created breaklevel at 4370. Hoping it respects that breaklevel and continues downward. Putting my stop at the next breaklevel above at 4374.
Nifty future and banknifty future analysis and intraday plan in kannada. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT
So i decided to remove phase 4 due a little concern on my demark indicator and like i said on my previous idea: we will se 2 to 3 days consolidating until the price makes a move as right now on PRE-PHASE 4 we are seeing a false breakout witch will be reentering the pre-phase4 channel again an between later today or tomorrow we will see some action. thankyou...
IIFLSec has broken above 72 level with Strong Move up to 75-76 level on back of strong volume push. VPA analysis of the subsequent retracement is indicating very little Selling happening on the counter. Positionally the stock is in a established Bull trend expecting to touch 100, 120 on charts in the next 3 months. View invalid below 50 EMA on 4 hour chart at...
The USDJPY rebounded slightly upwards. If the bullish momentum returns, then the pair might recover to the resistance of 110.01 and extend further to 110.38. However, if the bear strikes then the pair could fall to 109.21 and possibly break the second support level of 108.78.
Price at daily important area (54.98). Now in the daily chart price formed a hammer and in the 4H chart there is an engulfing. My first TP is 57.80, final TP could be 60.60. SL 54.40.