Bank Nifty (Possible) trend direction for 04.03.2021After reversing from major support/ Demand Zone and giving a strong upside move, point to be noted that bank nifty has closed on the high, from here the possible movement of niftybank is shown on chart, if the trend continues it may go up. If it not able to cross the given levels then the shown down side targets may be achieved.
Technicalindicators
Bank Nifty (Possible) trend direction for 02.03.2021Bank Nifty has reversed from major support/ Demand Zone ,Today the market traded in range and remained in range for full day now the possible movement of niftybank is shown on chart, if the trend continues it may go up. If it not able to cross the given levels then the shown down side targets may be achieved.
#CHR : Upto 150% Profits Opportunity In The Mid Term.- CHR is breaking out from its consolidation sideways movement and seems to be starting its bull trend as expected.
Technicals :
- CandleStick formation looking good after a breakout signaling candle on the 4H chart and seems to be a good one on the 1D chart too.
- Falling wedge pattern already formed and trying to breakout for an impulsive 3 to 5 wave formations for now.
- Volume looking good and signal line showing a bullish trend incoming too.
Accumulation Recommendation : 114 sats - 120 sats
Distribution Targets :
Target 1 : 131 sats
Target 2 : 144 sats
Target 3 : 157 sats
Target 4 : 176 sats
Target 5 : 200 sats
Target 6 : 269 sats+
Stop Loss : 105 sats
By @togetherweaccumulate
BCH nailed perfectly! TV's most correct analyst does it again!So as you can see, BCH did exactly what I said it would in my last (privately published) analysis for loyal followers and website members only. BCH bounced off the Ichimoku Cloud and went up to the golden ratio fib level at 1.618 which was my target of $716.00 and from there BCH has dropped significantly.
As per usual, my target is hit and within a few days you can rebuy back in after a huge price drop. This is similar to most analysis I do where the top is hit and a retrace happens.
So BCH hit the target I indicated and then dropped when it hit the golden ratio of 1.618 where the RSI peaked over 70. As per usual on BCH when it hits this RSI level you sell or short as RSI will drop to 30. Last time though, the lime green trendline on RSI stopped the RSI getting to 30.
Will it do it again or will we see BCH drop further and the RSI hit 30 like it has done so every single time except the last time as explained about in my last analysis below on BCH?
If BCH breaks the RSI lime green trendline it will hit the 30 RSI level. BCH will then retouch the Ichimoku Cloud on the chart @ around $450.00 on it's way to the RSI 30 level.
From there we re-evaluate the trend in the market and see if it will bounce off these levels or continue further down to the orange horizontal line @ around $360.00 which is where the MA 144 would roughly be also (the white zigzag moving average on the chart). The purple moving average line on the chart is the break point for a bounce or a drop to $360.00
If BCH can bounce off this lime green trendline on the chart and RSI, BCH's next upside target would be $950.00
What are your thoughts on where BCH is heading?
Happy trading legends!
HTBB
Take a look at my other charts and analysis below to see my unbelievable correct analysis record. If this kind of analysis interests you and you want more than just 1 or 2 correct chart analyses every month or so, check out my website and become a member. I use a discord channel as a trading room that I post analysis in as I see it when it happens. For instance, this trade last night I saw as it was happening: Buy LTC, sell at orange line. Rebuy once bounce down off orange line.
Bank Nifty (Possible) trend direction for 26.02.2021Due to yesterdays spike and panicness in traders the market went up, but today even though the Asian, European and American markets were good our market was not able to sustain near yesterdays levels and came down. Its most probable that the down trend may continue, even tough nobody can predict the direction of market, still I am trying to imagine the probability as my hobby.
This view is only for educational purpose and not a trading recommendation, please do not take trade based on our observations.
Bank Nifty (Possible) trend direction for 25.02.2021Bank Nifty has reversed from major support/ Demand Zone , from here the possible movement of niftybank is shown on chart, if the trend continues it may go up. If it not able to cross the given levels then the shown down side targets may be achived.
This view is only for educational purpose and not a trading recommendation, please do not take trade based on our observations.
Bank Nifty (Possible) trend direction for 24.02.2021FII slowly slowly started off loading their positions also as The overall trend of Market is down side, now the Bank Nifty is near a major support at this Demand Zone , hence from here it may possible that nifty may go up. If the down trend continues then the shown target may be achived.
This view is only for educational purpose and not a trading recommendation, please do not take trade based on our observations.
"NSE:HCLTECH" - "SELL" signal 15 min Chart (Solved Signal 1)-SELL signal generated by "Solved Signal 1(SS1)" in 15 min Chart of "NSE:HCLTECH".
-"NSE:HCLTECH" 15 min Chart
- Indicator used "Solved Signal 1(SS1)"
-Solved Signal 1 generates SELL signal(by default: text:- SS1, color= red,shape=triangledown)
on 15 min Chart of "NSE:HCLTECH" .It means "NSE:HCLTECH" can go down.
-Solved Signal 1 uses "NSE:HCLTECH" Price data for Solving the Market(See description of Indicator).
-Like and Comment NSE:HCLTECH NSE:NIFTY BSE:SENSEX
"NSE:DIVISLAB" - "SELL" signal 15 min Chart (Solved Signal 1)-SELL signal generated by "Solved Signal 1(SS1)" in 15 min Chart of "NSE:DIVISLAB".
-"NSE:DIVISLAB" 15 min Chart
- Indicator used "Solved Signal 1(SS1)"
-Solved Signal 1 generates SELL signal(by default: text:- SS1, color= red,shape=triangledown)
on 15 min Chart of "NSE:DIVISLAB" .It means "NSE:DIVISLAB" can go down.
-Solved Signal 1 uses "NSE:DIVISLAB" Price data for Solving the Market(See description of Indicator).
-Like and Comment . NSE:DIVISLAB NSE:NIFTY BSE:SENSEX
"NSE:BAJAJ_AUTO" - "SELL" signal 15 min Chart (Solved Signal 1)-SELL signal generated by "Solved Signal 1(SS1)" in 15 min Chart of "NSE:BAJAJ_AUTO".
-"NSE:BAJAJ_AUTO" 15 min Chart
- Indicator used "Solved Signal 1(SS1)"
-Solved Signal 1 generates SELL signal(by default: text:- SS1, color= red,shape=triangledown)
on 15 min Chart of "NSE:BAJAJ_AUTO" .It means "NSE:BAJAJ_AUTO" can go down.
-Solved Signal 1 uses "NSE:BAJAJ_AUTO" Price data for Solving the Market(See description of Indicator).
-Like and Comment NSE:NIFTY ent. NSE:BAJAJ_AUTO n BSE:SENSEX
"NSE:MARUTI" - "SELL" signal 1 hr timeframe (Solved Signal 1)-SELL signal generated by "Solved Signal 1(SS1)" in 1 hr Chart of "NSE:MARUTI"
-"NSE:MARUTI" 1 hr chart
- Indicator used "Solved Signal 1(SS1)"
-Solved Signal 1 generates SELL signal(by default: text:- SS1, color= red,shape=triangledown)
on 1 hr chart of "NSE:MARUTI" .It means "NSE:MARUTI" can go down.
-Solved Signal 1 uses "NSE:MARUTI" Price data for Solving the Market(See description of Indicator).
-Like and Comment. NSE:NIFTY BSE:SENSEX
"BSE:SENSEX" - "SELL" signal 15 min (Solved Signal 1)-SELL signal generated by "Solved Signal 1(SS1)" in 15 min Chart of "BSE:SENSEX" Index
- "BSE:SENSEX" 15 min chart
- Indicator used "Solved Signal 1(SS1)"
- Solved Signal 1 generates SELL signal(by default: text:- SS1,color=red,shape=triangledown)
on 15 min chart of "BSE:SENSEX"' .It means "BSE:SENSEX" can go down.
-Solved Signal 1 "BSE:SENSEX" Price data for Solving the Market(See description of Indicator).
-Like and Comment.
-Thankyou
BSE:SENSEX NSE:NIFTY NSE:BANKNIFTY NSE:NIFTY
"Nifty 50" - "SELL" signal 15 min (Solved Signal 1)-SELL signal generated by "Solved Signal 1(SS1)" in 15 min Chart of " NIFTY 50" Index
- "NIFTY 50" 15 min chart
- Indicator used "Solved Signal 1(SS1)"
-Solved Signal 1 generates SELL signal(by default: text:- SS1, color= red,shape=triangledown)
on 15 min chart of 'NIFTY50 index' .It means NIFTY50 can go down.
-Solved Signal 1 NSE:NIFTY Price data for Solving the Market(See description of Indicator).
-Like and Comment.
-Thankyou
NSE:BANKNIFTY NSE:SBIN NSE:NIFTY BSE:SENSEX
"BUY Signal" :- SBIN 1 hr Chart (Indicator : "Solved Signal 1")- BUY signal generated by Solved Signal 1(SS1) in 1 hr Chart of NSE:SBIN(State Bank Of India)
- ' NSE:SBIN (State Bank Of India)' 1 hr chart
- Indicator used "Solved Signal 1(SS1)"
- Solved Signal 1 generates buy signal(by default: text:- SS1, color= green ,shape=triangleup)
on 1 hr chart of 'NSE:SBIN' .It means NSE:SBIN can go up.
- Solved Signal Uses Volume and Price data for Solving the Market(See description of Indicator).
- Like and Comment.
- Thankyou
NSE:BANKNIFTY NSE:SBIN NSE:NIFTY BSE:SENSEX
💡 Don't miss the great buy opportunity in SFP/BUSDTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (2.5985). If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DOT/USD is in rangebound, and the beginning of the uptrend is expected.
. The RSI is at 53.59.
Take Profits:
TP1= @ 3.010
TP2= @ 3.230
TP3= @ 3.4480
TP4= @ 3.7485
TP5= @ 4
TP6= @ 4.47
SL= Break below S2
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Now, It's your turn!
Be sure to leave a comment. Let us know how do you see this opportunity and forecast.
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ForecastCity English Support Team ❤️
💡 Don't miss the great buy opportunity in SFP/BUSDTrading suggestion:
. There is a possibility of temporary retracement to the suggested support line (2.5985). If so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. DOT/USD is in rangebound, and the beginning of the uptrend is expected.
. The RSI is at 53.59.
Take Profits:
TP1= @ 3.010
TP2= @ 3.230
TP3= @ 3.4480
TP4= @ 3.7485
TP5= @ 4
TP6= @ 4.47
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment. Let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️















