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Expected to receive a completion of cup and handle pattern on NG with breakout on upside.

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NG is to test and most probably pierce through the weak support lying just near to its CMP.

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Axis bank seems to cross 30M 200 EMA, we would be watching its intensity to fill the gap.

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Crudeoil seems to be in consolidation, Its a Pause for a greater ROCK ! Hold your breath the trend is UP look for signs of breakout. Blue lines can be good point of enter.

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As predicted Crudeoil has tasted the dust all the way down !

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Bank Nifty seems to have completed the Corrective phase and can continue for the upward trend . However near term resistance is crucial for the same

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CL is to pose a thrill for the bears. A 50 % retracement in place ? Remember to follow up price action

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Near term support and resistance on bank Nifty. Trend reversal is to be expected to break the long rising streak of more than 1700 points.

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The technical on daily bank nifty is negative posed with the breaking of support again and again. Theres little room for upmove and break of 17000 level can be expected.

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Crudeoil is facing resistance on daily front and a buildup of M- Pattern. A near downfall could end up making the daily candle as a Doji.

Pivotal_Traders Updated 

Bank Nifty is weak. It has recently broken the uptrend maintained in the past few weeks. However for the next 2 - 3 days a upside move is possible to be seen only to witness a greater fall in days following it. Stay cautious and downsize your positions.

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A downward symmetric triangle pattern was spotted to work

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NIFTY is witnessing its testing times and now with the positive close following the expiry day gives a sense of strength to the market. However things would be much crucial on monday and all positions are to be cautiously watched. A Flag pattern is being witnessed on 1H,15M chart of the nifty which might signal exhaustion of the bearish mode for some time,...

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Theres a formation of double top on multiple timeframe days after the BANKNIFTY broke its support level we could see more volatile downside move due to delhi election results next week.

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There is an bearish divergence on BHEL even though there were large gap ups. The stock is expected to consolidate

Pivotal_Traders Updated 

ITC seems to be making a bearish divergence. As indicated in the graph at the reference Bar following data emerges. c-248.90 rsi- 51.36 22-10-2019 Now our comparative bar poses below picture: c- 249.05 rsi- 51.17 24-10-2019 Thus we can clearly see that despite the Closing price being higher there has been a lower rsi. Looking to achieve target of 236 within...

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We can spot decline in RSI with increase in price at the marked vertical parallel lines. and corresponding we are witnessing a downfall. this downfall is expected to shift the trend towards south as the RSI range is shifting to 60 to 40.

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There remains a bearish outlook for the USOIL, however a retrenchment possibility and trading between ranges would be good strategy for short term day trades. Take Care !