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Teamgapup
Gold TargetGold traget to be 44416.
50 ema &200 ema is in downtrend .
Rejection at 200 ema.
Closed below S2
Will NIFTY FALL CONTINUE FOR 10/02/2021Nifty reversal @1.382. Fibonnacci Retracement.
Wait for yesterday low to break ,
If broken then our target =14753.5
End of Crude oil / US OilEnd here is opposite side of the channel.Either break out / trend reversal might happen.
Go as per the trend .I have given detailed view of how to trade crude oil.links are given below .Do as per that
HOW TO INVEST IN SBI ? and WHY SBI IS NOT FOR TRADERS? COMPLETE PRICE ACTION :
SBI IS ONLY FOR INVESTORS WHO WISH TO INVEST AND FORGET.
AFTER 1 YEAR/2 YEARS YOU CAN SELL AND TAKE OUT PROFITS .
BUY WHEN THE PRICE HITS - SUPPORT LIN E +RSI BELOW 30
SELL WHEN THE PRICE HITS - RESISTANCE LINE OF THE CHANNEL + RSI ABOVE 75
USE ALONG WITH USE RSI- TEAMGAPUP FOR EXTRA CONFIRMATION.
Do the same only when both the conditions are meet.
May be if this year if there is no break out .You can use the same logic above.
Lets see if this could be a 12th year to follow the same channel
why its not for traders ?
Because it hardly takes 1year to 2 year to travel to the opposite direction,where day traders cannot be benefitted
what will happen to bank nifty tomorrow ?Bank nifty has been in traveling in the RISING WEDGE PATTERN for the past 3 months . we are at the crucial point.Either it as to break up or break down.we cant determine the gapup or gapdown.So we have to wait and watch. IF the candle takes support from the trend line tomorrow as mentioned above we can go long till the above mentioned targets. Now what to do if bank nifty falls,we will wait for the retracement to the same trend line. Thank you.
STOCKS TO BUY ON 18-01-2021 IDFC GO LONG18-01-2021
IDFC HAS THE POTENTIAL TO TOUCH 54.25
BUY ABOVE 45.8
CMP=44.7
TGT=54.25
