Today will be gap down opening in BANKNIFTY. After opening if banknifty start trading below 47450 level then possible downside rally of 400-500 points upto 47050 Level in todays session.Any Major upside only expected in case banknifty starts trading above 47550 level.
Short Term Elliott Wave view in Nifty suggests rally from 1.24.2024 low is in progress as a diagonal. Up from 1.24.2024 low, wave (i) ended at 22297.5 and pullback in wave (ii) ended at 21860.55. The Index then rallied higher in wave (iii) towards 22463.65 and dips in wave (iv) ended at 2224.35. Final leg wave (v) ended at 22526.6 which completed wave ((i))....
AUS200 - Bullish Trend on Daily time Frame Analyzing previous data, one can see that after making HH, trend retraces to Fib 0.38 always and Fib 0.5 most of the time and Fib 0.61 occasionally. Moreover, bullish trend continues for 10 to 12 days and then re-traces for 3 to 5 days. And then again it resumes its upward trend. Therefore, two types of trades can be...
Banknifty Chart Analysis 03/04/2024.......... ABCD Harmonic level (47616 / 47708) achieved here or after that the price moved sideways. Now if the price sustains above 47710 then the next target will be 48158 (fib. level 3.618) or 47810 is also a resistance level. Enjoy!
NAS100 ( H4) Wil go fall again within the trend lines the prize of NAS100 going fall near 18082 For more updates related with NAS100 FOLLOW me
If the NIKKEI 225 index is consistently trading below the trend line and the trend line acts as a resistance level, it suggests that the bearish sentiment is strong, and the index is likely to continue its downward movement. Traders often look for additional confirmation signals such as price rejections or bearish candlestick patterns to strengthen their analysis.
Implied fair value gap averages shown by grey box on top and bottom in the SL area. Expecting price to hit one of the two areas then move back towards the mid line center in green tp area iFVG is purple lines
price in discount, liquidity sweep on lows, fvg entry.
BIST:XU100 is in downtrend, until 26 April 2024 @ 261 USD, and it mostly likely to stay calm and extend until 3rd of May when S&P will announce the credit grade for Turkiye.
Customize your market experience with us! While we specialize in futures, we're here to dive into the thrilling worlds of Crypto, ETFs, Equities, Bonds.We've also been on youtube/cfrn every day for years!
As mentioned yesterday Nifty is getting trapped in a mild resistance zone after making a new ATH near 22529. This resistance zone is between 22477 and 22529. It looks like Nifty needs a little bit more consolidation to cross this zone. If this zone is crossed the next resistances for Nifty will be near 22597, 22690 and 22787. Supports for Nifty remain at 22388 and...
Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone (medium-risk sell zone) spanning from 18265 to 18290, respectively, are highlighted. Things I Have Seen👀: Medium-Risk Sell Zone🟠: Noted between 18265 and 18290, suggesting another area with moderate risk for potential selling positions. Bearish...
I don't see the charts going up a lot more from here. I want the big guys to push the price higher to a new all time high in some kind of bull trap. The next few weeks I want to see articles writing "no stop for the markets" or similar titles to trap beginners in a bull trap and make them the exit liquidity for the big players. The economy isn't growing so...
IF Nifty does not break out of this range it ll fall til 22250 range
Be part of the action at 9:15 AM! We achieved our goal 85.11% of 2023 in the first 30 minutes from the market open. Dive in and seize the opportunity! The last week of "Live Streams" we wanted to let you know that we also stream live at youtube/cfrn
Possible retracement on dxy next couple weeks so big moves possible on Gold
JPN225 is showing a perfect bearish trend according to DOW theory. FIB numbers also shows that it is moving upward to make another LH but if we look at RSI indicator it is showing divergence at value below 30 so will avoid trading and will wait until the RSI is neutralized and trend is not broken.
April Feb predicted levels for march has played out with the high of 18500 being created , printing the all time high of us 100 and other financial vehicles, in the 23/24 financial year close . South African election is next month This is the last push before the world goes into elections , The coming week is going to be a extremely impactful to everything...