Neutral
Time to be cautious on Titan (neutral)We are close to all time high for titan share and a big resistance is out there. I would book profit here and wait for the trend confirmation.
Two big probabilities:
1. Open and close above resistance means long.
2. Open and close below resistance is good chance to short.
QUITE NEUTRAL FOR NOW ON BTCQuite a lot of inefficiencies on BTC, we might just see a sudden spike into the bearish order block for a sharp sell and this pair remains a no-go area for me at the moment unit I see liquidity being grabbed. So many Stop losses above the down channel which is currently looking more like a bullish flag. Selling may be quite dangerous for now but, this pair will eventually sell. Let's be careful. there are opportunities for buyers and sellers but requires a lot of patience. I don't trust this pair, especially from a technical perspective
Bank index continues to be Neutral while Nifty is Bullish Expect a fairly low move expiry on BankNifty as called earlier in the week. Strangles have had good decay so far. No surprises expected in the Repo rate announcement tomorrow given the CPI coming in within expectations.
MaxHealth bullish at ATH. Expect a good move to 690 levels.
BTC Price action analysis. Here I am again with BTC analysis on 1DTF, In this chart, I have imprinted my deviation and confirmation play around the support and resistance . On a higher timeframe, I am bearish as per the market trend of highs and lows. Now let's see where the market moves, as this week we have had a lot of fundamental news too.
Please response back with your constructive critisim. #Peace
STILL NEUTRAL ON GOLD DAILYDear Traders,
I am quite neutral on Gold for today until I see how the daily candle closes. From my chart, I could see that Gold is obviously bearish on the weekly but still leaving us with an unmitigated Fair Value Gap just below the daily order block.
I am actually looking forward to seeing Gold retest 2001-2022 zone and hoping to see a closure below the 1980 -1993 zone this week to revalidate my general bearish bias for this metal.
For now, I am going to wait to see what smart money plans to do with this pair today, then will follow their footprint.
Trade safely and apply proper risk management