TCS has broken out of weekly double bottom and a symmetrical triangle
India govt bond yields has formed a continuation head and shoulder pattern
Are the yield going to sub-7%
ICICI Bank is breaking out of Symmetrical Triangle. there is also a double bottom within that triangle
If breakout holds ICICI Bank is going towards 1000 in next few days
EURUSD broke out of double bottom on hourly time frame
Likely to test 1.08 on the upside
Bank nifty is likely to retrace some move and doom
Nifty is close to all time high and has retraced to trendline of bull channel. Is this break down or spring that will ultimately push nifty higher to new ATH?
Nifty could be testing 19k next week
Wedge pattern breakout on hourly and strong bull candle on daily weekly
AUDUSD has broken out of wedge and going up further on one hour timeframe
Forex Euro Swiss Franc is heading towards top of the range on hourly time frame
#nifty #USDINR A double bottom @ channel Support line
forming at Channel support line. Will it break out and go towards channel top?
Nifty is at supply zone and macro narrative is not supporting a breakout
Could be headed to 17500 in next few weeks
Bank nifty is forming a wedge at supply zone around round number 43k.
If wedge breaks down, next week could be down week
Infosys is down after missing estimates
Infy may technically re bounce to 1400 levels but its going to go towards 1000
Recession in Developed markets are taking a toll
Bitcoin after breaching 30k is forming a head and shoulder on hourly time frame.
Will H&S complete and go back to 20k? or is it just a consolidation?
FED is preparing the mood of the markets for a "Mild recession"
That could turn out to be a deep recession as FED is not yet ready to pivot
India-NSE IT index is sharply down compared to other sectors
Nifty ending the day positively today. FOMC minutes and US CPI numbers are due after market closing.
What could go wrong?
Bank nifty is out of wedge pattern but faces strong supply ahead
Looks like it will reverse and retest the wedge support
Bitcoin has completed head and shoulder on daily timeframe .
Currently consolidating above the H&S pattern for about three weeks.
Time to breakout or breakout failure.