*** non-dividend adjusted Ever since the hugh drop back in Sep 2020 (covid), it has been a choppy slight downtrend path connecting most of the Peaks & Troughs (ignore occasional exceptional dips) More than 10 times, lower channel were tested and perhaps we can expect it will happen again So buy on dip along lower channel? Of course u decide your own😀
Nothing much to say. If you don't know SIA, then forget this and move on. If you know what SIA is, this opportunity should not be missed. Amazing set-up , great risk reward.
Look at this Nikkei chart. SVB was mid-march right when Nikkei started rising. Most likely due to Yellen's special measures related to the debt ceiling crisis, where the G7 bought each others treasuries.
Today market will be bullish. Use buy on dip strategy rather than short. Bcz it's up trend.
1. From 1 Dec 2022 till 8 March Nifty had made lower low and lower high. 2. From 16 March to 27 March Nifty had made 3 bottom @ 16800, and reversed the trend, making higher low and higher high till 15th May. 16th may it was unable to make new high , instead made double top@ 18475 and retraced three day making lower low. On 19th may shooting star...
Falcon Waves ABCDE pattern on SGXNIFTY Plan your #Nifty50 trade with me on Trading View Looks like we are going down in wave B and then will go up in wave c followed by wave D and consolidation E wave
Market looking Lil bullish for morning trade and may fall during market closing hour
SGX Nifty hit supply zone of 18426-18518, now expected to come down until pivot 18120 where it is expected to take support at.
Now nifty may face strong resistance may get rejection from there look for first 15 minutes candle. Today sell on rise will work
Looking bullish on monthly chart. Buy on dip strategy should be used for better trade
DBS SGX:D05 chart is forming double top. Once $29.39 support level is broken, we will very likely to see price declining towards $21.87 base on 1:1 wave. Duration towards mid term. DYODD!
Such is the rewards if one is patient enough and daring enough to get in at the almost right time! The top 3 banks are giving good investment returns to their shareholders thus far and with the rate hike news, it should not be a major issue for these banks to reach their previous peak at all. In this case, we are shy of 2 dollars to reach the pinnacle. Will it...
Read this article here In the world of investing, I think common sense is also not commonly practised. When we see charts with red candles or trend sloping downwards, we become fearful and paralysed to take action. In our mind, we kept thinking how low will it go ? Should I wait some more ? Yes, like the guy who jumped off the 3 storey building, buying when...
Based on simple TA indicators on Monthly Chart note : Monthly Chart can be seen as long term view, but may not as long as 5~10 years ba long long term 1. price chart 2. 20 month SMA, quite a long-term Moving Average to break or reverse 3. RSI, like price chart, using previous High/Low as resist/support and trendline to determine breakout/breakdown 4. Volume...
Broke out 200 ribbon and if able to stay above reversal trend should be confirm.
We are getting closer to a decisive moment for A50. Hold the box and run back to 13.4k-13.5k or lose it and go down to 12.6k. No trade zone now, wait for breakdown or breakup. NFA.
As we can observe, the resistance has been broken.
NIFTY - Which one will be suitable for short 1 or 2 for Good R:R. any guess which will be work for short term? Can you go short for 💡 1 Or Can you go with 💡 2 Target can be 17540 17460 17324+++