BANKNIFTY FOR TUESDAY 2nd FEBAlright!
The market has shown what could never ever have come in my dreams. 2000 point momentum, just .......!
Here is my prediction for tomorrow
- Highly Volatile (Most Probably)
- Range-Bound Market (300-400 point) (Most Probably)
Rest is drawn in the chart.
PS - Gap up(100-200 point) then 33100 is a key level for reversal or halt
If in any case Big Gap Down (150-250) then good selling can be seen in the first half!
IT ONLY TAKES ONE PERSON TO EXECUTE ONE TRADE TO BREAK ALL YOUR LEVEL/STRUCTURE/TREND LINE AND EVERY ANALYSIS YOU DO
Tomorrow
Nifty looking bearishNifty 50 is facing resistence @ previous swing high and failed to make higher high. Instead it has formed a Double top pattern showing sign of weakness. Nifty is expected to go down where the previous swing low will be the next target.
Disclaimer: This analysis is purely for educational purpose. Do not trade based on this idea.
#TomoChain Preparing to Take Off !#TOMO/BTC ( Mid Term )
A currency #TOMO has seen a strong rally in previous months. We expect another upcoming hike in the medium term, and we notice that in the last weeks, the price formed three bullish lows and two TOP at the same level. A bullish pattern that will help change the price trend up
Do not hurry to buy, the price may go down to good places
Do not risk a large amount of your money
Please share your opinion in the comments box and do not forget to press the like button
ETH/USD: Missed the trade? Another Set Up Coming UpOpen: 512 USD or around 510-515 USD --- Lined up for a bounce at 40 RSI
Target: 630 USD (+23%) to 700 USD (+36%) --- 50 to 200 Day Moving Averages
Stop: 480 USD (-6%) to 495 USD (-3.5%) --- Note June 12th & 16th Strong Support
Risk/Reward: 3.7 to 11 --- Average Risk/Reward = 6
Trade safely!
USOIL: WTI Still strong ahead of Opec meet tomorrowUSOIL: WTI - still moving ahead in front of Opec meeting tomorrow - suggest staying long up to just before the meeting and seeing where WTI is lying at that point, looking to close down into final spurt of strength if we see it and then getting set for a short if the oppoertunity presents itself as per comment