Nifty opens with positive note but bulls didn’t survive into the market and loss all the day gains at the end of the day.
Market falls another 152 points (around 0.69%).(nearly 774 points in last 4 trading session).
Nifty has formed red body big candle on daily chart.
Bearish engulfing pattern is formed on daily chart, which indicated more bearishness into...
Consider a compelling swing trade opportunity in Ramkrishna Forgings Limited , a leading manufacturer of automotive components in India, catering to both domestic and international markets.
Testing Strong Resistance Zone : The price range of 750-770 has been tested multiple times and is currently attempting to breach it, indicating potential bullish...
With its strong foothold in the Indian banking sector and commitment to providing financial services to customers, Indian Overseas Bank presents an intriguing opportunity for swing traders.
Reasons are listed below :
Strong Support at 55-60 Zone : IOB has established a robust support base in the 55-60 zone, from which the price is rebounding, reflecting...
A potential swing trade opportunity in Suzlon Energy - a leading renewable energy solutions provider in India.
Reasons are listed below :
Strong Support at 34-36 : Suzlon Energy has found a robust support level in the 34-36 range, indicating resilience and potential buying interest at these levels.
Bullish Engulfing Candle : A bullish engulfing candlestick...
ON shown on a 30 minute chart- has fallen behind but is a top 50 seached on the the Zack
website. It recently trended down from a push to outside the Bollinger Bands showing extreme
buying volaility and price action than a big fade into selling volatility and a slight compression.
The TTM squeeze fired just as price fell outside the lower band. Price rose...
The provided candlestick chart shows a promising bullish engulfing pattern in the last two candlesticks. This pattern is a strong indicator of a potential reversal from the recent downtrend, signaling that buyers are stepping back into the market with vigor. Given that the stock was recently trading at its lowest point of $1.6 and has now rebounded to $2.05, this...
Bearish Engulfing and Gap down.
Est. Fib# ext to 4.618 ( 920 ), retracement to 2.618 (690)
Short 855
Stop 980
Target 690, 500
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Market opened on a positive note, but bulls were not able to sustain in the market and turned market negative, and made days low that is 21915.
Nifty has formed big red body candle with upper and lower shadows.
Bearish Engulfing candle is formed on daily chart which indicates bearish sentiments into the market.
Today’s candle is halfway crossing the 9 days...
I know this a bull market but I think we will have a hard pull back soon. I don't want to be caught with my pants down so I opened another short. I'm still bullish overall but I feel better hedging my portfolio.
Market falls from nifty’s new all-time high that is 22249 level and Bulls lose its winning streak in the market.
Nifty formed shaven head candle on the daily chart which indicates participants are selling from higher level.
Nifty has formed Bearish Engulfing Pattern on daily chart which indicates trend reversal.
We may see further weakness in market....
DAX 40: BEARISH engulfing detected.
The EMA.50 and EMA.200 are still potential targets
the market and overbought
is this the end of recess??!!
be careful !
AUDUSD appears to have confirmed the potential right shoulder of a Bullish Head and Shoulders pattern after Bullishly Engulfing with Bullish Divergence at the 0.786 Fibonacci retrace. If it plays out I think AUDUSD has potential to go all the way up to the 61.8% retrace at $0.70, from there I think the bearish trade would continue.
CADJPY in a bullish trend, therefore looking for buying opportunities. I see a inverted H and S pattern that i like, but see the engulfing candlestick patten that could potentially have the market dip a little lower than inverted entry. Theres 2 entries; the inverted or a 15 pip difference at the W and engulfing pattern. Im taking the buy trade off of the W for a...
Awaiting this idea potentially happen, I see an ABC pattern form and begin to connect the dots in hindsight... ill wait to see how this unfolds not an active trade until my confluences confirm
Euraud is making higher highs and higher lows all acorss the board.
* I'm predicting Euraud to be making a new higher low
* lower timeframes 4hr to be exact has broken structure to the upside showing bullish pressure
FX:GBPUSD
Overall structure based on the weekly,daily,4h and 1h is bearish. A break and retest below key support area with bearish engulfing candlestick being my entry confirmation
Hi guys! So this is a look into DISH Network (DISH) technical analysis. This analysis is done on the 1 Month timeframe, thus depicting the Macro price action of DISH. This analysis does not express the shorter term or intermediate term trend but looks to assess the Long term trend.
The findings in this idea also support a buy and hold strategy for DISH. Do note...
