I have posted two charts: the First is to understand the Intraday, and the second is my short-term view. Today is the weekly closing and the day that decides the market trend for next week. 72,500 is the last hope for the Bulls and a very critical zone, so keep an eye on these levels. They can help you play for the maximum today or in the upcoming days. Intraday...
Weekly Review When you see markets in uptrend you often wait for a colling off in a rally and I believe most of the people whom I talked in last two weeks are totally of the same opinion as well having a bearish view now but let me hold your horses here if you’re thinking the same way too. Nifty is not in an exuberant rally or a steep rally which often occurs as...
Called the last top in October 21, calling this double top in Dec 22. Longterm bullish on this market but looks like more value to be had at lower prices. 25% target. 31% Stretch target Best, Hard Forky
Prices closed above trend line, so expect a new high
Disclaimer: My charts reflect my own analysis and opinions which could be wrong; do not take anything here as investment advice because it is not. I've been watching the Nifty and Sensex indices for a while, noticing their absolutely insane. Since 2004 the Nifty has run over 1200%. Even in the best scenarios, these moves eventually come to an end and have to...
this was my observation kindly give ur thoughts as what is your take on this formation
These are all the major crashes that held in the Indian market
This graph is of the Sensex, in which there is analysis from the daily frame for the last few days, in which it is known that it was falling down for a few days.Now after getting support, it will return to its full supply zone by next month.
New range for sensex in coming few months with target
Sensex broke the uptrend line and broke down and is currently hanging between Support and resistance. Breaking the support box (Red rectangle) may cause a sell-off Towards the lower Targets.
as earlier we had predicted an other impulsive wave for better shorting position and we shorted it at 50363 Fundamentals: as we know the system is Forcing the Covid-19 Vaccination to the public so it requires to reshut the country for showing it some seriousness and let the Culprit capitalists gets more capitalize and some Retail Section to loos on some...
Sensex has now finished above the 2018-trendline for the third time on a weekly basis. RSI also showing strength. More confirmation that India is now a good place to invest your money. For educational and entertainment purposes. Not investment advice.
Hello Traders, Hope all are doing good. I am here with a analysis for Banknifty on daily based analysis and market sentiment. I am able to see the bullish momentum in the market in coming near future days. Rest will see how it works. Regards; Trader.
SEEING TOWARDS THE TREND BSE:SENSEX SENSEX MAY FALL TOWARDS THE TARGETS AS PER MARKET SITUATION AND IF MARKET RESPECTS THE REJECTION ZONE THEN THE FALLS ARE CLEAR
hi there market is on a confusion area thats why i want to wait for level to reach. i am a reactive not predictive. but at this current situation market need a pullback to grab some liquidity and for this market need to go down. my all areas are shown for reactive market. wait for it. and i inform all the major news for this areas
Bears must have been happy to see the rising wedge formation all this while when the V shaped recovery resumed to claim the former top but cooled off at ~39500. The rising wedge formation did validate for a while and shared the target of ~34500 from a 'measured move' perspective. Note the divergence from the RSI while it tends to form a falling wedge which is the...
as we can see we have bearish Divergence with MACD Signal and MACD Histogram and it is at the end of a bullish trend which is happening post corona Pandemic and it can be interpreted as trend reversal and Distribution time now it can be the time for some correction and retraces we have analyzed the daily Timeframe and used Price Action Strategy to find the...