Fundamentals The Dollar index showed resilience, settling around 103.3 after paring recent gains, following robust S&P Global manufacturing and services PMIs, signalling robust US business activity. S&P Global US Composite PMI surged to 52.3 in January 2024, showcasing a robust increase from the previous month and signalling the most rapid rise in...
Bullish indications: HHHL Major support respected and bounced. Trend line resistance has broken. Resistance has broken. Hammer candle from support in 4 hr time frame. Fib level 0.236 respected. Trade plan bias long @ 37973 SL:37867 TP1:38088 TP2:38193
After testing $4,900 yesterday, the SPX retreated slightly lower. Currently, it trades near $4,870, and we keep monitoring the resistance at $4,900 and support at $4,800. We are also paying close attention to the RSI, which broke above 70 points on the daily graph; the invalidation of the breakout will raise a slight concern, and the same will apply to the spike...
nifty made H&S in 5 min timeframe if it breaks down then i will take entry lets see if it gives entry
Dollar Index retested a recently broken horizontal structure on a daily. After its test, the price formed an inverted head and shoulders pattern and violated a resistance line of a bullish flag formation. We can expect growth today. Next resistance: 103.5 ❤️Please, support my work with like, thank you!❤️
I trade Nasdaq intraday exclusively Trading in GMT time zone Sharing my post day review & analysis in case it can help you :) Did my analysis at +- 5:20am. Looking exclusively for a buy – “The trend is your friend” Netflix earnings came in showing good forecasts Risk for the day was that there may be hesitancy for traders to step into the market, as we wait for...
Hello everybody, I have been keeping a close eye on our economy and indices and it looks like we are already in a recession. This will be one of the biggest recessions in history and will make 1929 and 2008 look like a correction. As job layoffs continue, we expect this to increase dramatically for the next couple of years. On a technical level we are witnessing a...
nifty made inverted cup and handle and also gave break down from chanal so took the trade nifty hit target
BEARISH FLAG PATTERN ***I am not SEBI Registered. All my charts and analyses are only for educational purposes not for trading purposes
nifty made inverted cup and handle also gave brokedown from chanal so took entry lets see if it gives target
Taking a long expecting the retracement to be over. Targeting previous day’s high
# A Beginner's Guide to Price Action Trading ## What is Price Action Trading? Price action trading involves analyzing the movement of price over time to make informed trading decisions, rather than relying purely on fundamental data or indicators. ### Key Components There are three key components that make up the framework of price action trading: ####...
Bank nifty index taken multiple times support from the zone 45600-45400. if this acts as resistance again bearishness will continue to downwards. on top we have a resistance in the form of trendline as well.... we have chance of consolidation between 45600-44100 levels before test this zone at 44100 levels...keep safe before going long from here...
Hey traders..what do you think...I'm looking at this buy...... CAPITALCOM:US100 For those following me..give me a little bit as I get used to sharing on the 15m and trying to make it as accurate as possible...more to follow...
Nifty will be gap up opening in today's session. After opening nifty sustain above 21480 level and then possible upside rally up to 21600 level in today's session. in case nifty trades below 21430 level then the downside target can go up to the 21310 level.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 45050 level then possible upside rally of 400-500 points upto 45450 level & this rally can extend another 400 points if market give breakout 45550 level.Any Major downside only expected in case banknifty starts trading below 44950 level.also possible reversal downside 45450 level.
**Volatility Expectation:** Anticipating high volatility today. **Key Levels:** - Support Zone: 44960 to 45130 - Potential today's expiry zone, considering the previous day close and a round number. Expected defense from both CALL and PUT writers. - Short Profit Booking Zone: 44064 to 43850 - Long Profit Booking Zone: 45938 to 46142 - Institutions Zone: -...