clean buy from the current level
nifty in the formation of head & shoulders pattern
third shoulder pending if not i expect bearish flag pole
but before that one more up move left so short near 14550-14650 target 13600
now buy@ CMP or near 14200 with your preferred stop loss for the target 14500+
Nifty & BankNifty Analysis for Short to Medium Term.
What is DXY? DXY is the U.S. dollar index (USDX) is a measure of the value of the U.S. dollar relative to the value of a basket of currencies of the majority of the U.S.'s most significant trading partners. This index is similar to other trade-weighted indexes, which also use the exchange rates from the same...
ac we can see there are regular Bearish Divergence with MACD Lines and Histograms which is the sign of trend reversal and price correction...
the index was bullish from march 2020 as the corona pandemic made a huge fall in the economy so post pandemic we can see the market had a bullish return to its past trend and even made new ATH, so to me we are now at the...
Hello community, after a 5 wave (12345) impulsive structure we expect at least a corrective structure which contains lower degree impulses. Now the 5 wave impulse is getting completed and we expect bears to take over. I will keep updating this chart if necessary. Comment, like follow for more accurate ideas. Thank you.
We have seen a dot reversal and huge correction in yesterday's trading session from the hourly harmonic PRZ. The main question is does the negative sentiment will continue or we will see a short-covering today?
In the chart you can see 3 patterns . 2 Were already completed and did their job now third is active and the target of...
As the week ended for Nifty, we can see the range distribution in daily charts. If the mid zone is tempered with we can see lower support. And if mid zone is protected, we can see some range bound activities.
In my view it is correcting in a Flat after 5th wave we may see 14200-14300 level if the pattern comes true...!
Would not suggest a sell but will say wait for longs...!
In higher degree higher targets are available but let it consolidate between 14200-14700 range.
We can wait for a flat to complete for longs...!