DAX (DE40) is falling towards the pivot which has been identified as a pullback support. Could it potentially bounce off this pivot and rise toward the 1st resistance? Pivot: 17,918.70 Support: 17,043.92 Resistance: 18,768.85 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford...
The expected moves of midcap nifty is shown.. which looks like to move in a range .. !
The recommended action is to purchase SPX supply at the current price of 5204.35. As the supply increases to 5300.00, 5400.00, and 5500.00, the investment potential grows, indicating a positive trajectory for potential gains. However, it's essential to mitigate risks, hence setting a stop loss at 5100.00 to safeguard against significant losses. This strategy...
NIFTY MOVES IN A RANGE ..! Range of 480 to 650. any break of either side may give a trend and looks unlikely today.
– I am guesstimating is down, what is your guess? – Its was First after 13 weeks when weekly candle closed more than 1% in red. – Weekly Starting to Point down. – Inflation data and many more important news this week - Also so far April month candle looks weak, may be this is the red month finally for the bears after straight 5 months! My view is bearish for...
This might seem charlatanic trying to forecast 100 year bull cycle but that is precisely what TA lets you do if you know how to use the tools. A lot of analysis has gone into coming up with this likely path for the next ~ 8 years and will not really delve into the "how" or explain but just want to put this out there in public and track its progress. Essentially,...
Nifty will be gap up opening in today's session. After opening nifty sustain above 22550 level and then possible upside rally up to 22670 level in today's session. in case nifty trades below 22500 level then the downside target can go up to the 22380 level.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level & this rally can extend another 400 points if market gives breakout 49050 level in todays session.Any Major downside only expected in case banknifty starts trading below 48450 level to 48050 level.
Hi traders, We are watching a powerful ascending correction on usd-index or Dxy. So we will careful about CPI news this week and we could buy USD on 100.5-100 with the SL below the lowest price pf this week (2nd week of Jan2024) and our first target is 103-104. but main target is 108-109. We glad to see your opinion below this analysis. Be success.
What happened during weekend? 1. On Friday, US indices made further gains mostly due to tech and energy sectors. 2. Oil prices were up further for consecutive second week. 3. A good earnings numbers are expected for tech stocks this season. 4. On Friday DIIs sold stocks worth Rs 3370 Cr, while FIIs bought stocks worth Rs 1659 Cr, which looks like role reversal....
4/7 @ 8:49 pm EST 1. Beach Levels M 7/8 17500 W BTW 7 & 6 18121.9 CMP D 6/8 18125 4H 4/8 18125 1H 4/8 18125 M30 4/8 18125 2. Waves Day: OS Selling; O OB Selling 4H: Mid Buying; O OS Selling 1H: OB; Y Middle M30: OS Selling; O OB Selling 3. Channels M- Bullish; Near top W- Bullish; Top D- Bullish; B/o downside w r/t 4H- Bullish; Bottom 1H- Bearish; Middle M30-...
Index behaviour has been unpredictable since January 2024. None breakouts or falls have been sustained for the whole day, which is a sign of the dirty uptrend, which is not reliable, especially when the Index is trading on ath Intraday Range: 22,430 to 22,620 Strategy 1: The range is wider, so focus on reversals of critical resistance and support. Strategy 2:...
Nifty 50 Nifty has been facing resistance multiple times at the upper trendline levels, which indicates that this resistance zone is now weaker and since 20th March it has been observed that Nifty has been forming higher lows which can be seen along the rising trendline, as denoted on the chart. In the upcoming 1 or 2 trading days, if Nifty breaks and sustains...
A follow up on my previous idea: The price of S&P500 failed to reach the top of the current range, meaning it is not prepared to fill the void yet. I anticipate another reach to the bottom of the range, the same FVG, but this time also finding the equilibrium of the Swing High and Swing Low that I indicated. Take Profits remain the same: At the top of the void...
Now looking at the daily timeframe I have marked out levels of support as well as areas that further support a bullish bias. Let's go over them. - The grey boxes are daily bullish FVG that have been respected. - The first respect was on 3/21/24 and we saw a bounce in price to take out the daily FVG stop marked on the chart. - The price move that took out the...
This week has been a really slow with no clear direction. It closes with a doji candle. For this week trade idea, It will be roughly the same as last week. Buy above 17101 and sell below 16127. If you want a more aggressive buy, depends how the first 4 hr candle closes, buy above 16906 is also a choice.
daily high was swept broke structure provided a fair value gap then entered
The four phases of the Wyckoff cycle are as follows: Accumulation, where stocks are acquired by large investors during a period of sideways movement; Markup, which represents an uptrend in prices; Distribution, characterized by sideways movement as large investors sell off their stock holdings; and Markdown, indicating a period of downtrend. Currently, DWCPF...