SENSEX trade ideas
BSE sensex 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
sensexthere is a very strong level shown act resistence .at this memonet market price go lower and also pendamic issue is incrise this probability
Alibaba's Fines, CoinBase IPO and the Fall of IndiaThe week started with a number of negative news for individual countries and companies. India has suffered the most at the country level. Indian stocks tumbled on Monday (Sensex fell 3.4%) as rising Covid-19 cases continue to weigh on investor sentiment. India has registered 168,912 new Covid cases in the past 24 hours, the sixth record increase in seven days. That does not stop religious pilgrims from mass bathing in the Ganges with all that it implies. In general, there is enough reason to expect the continuation of the sell-off in the Indian stock market.
Although the presence of the grounds does not at all guarantee the fact of movement in the direction of the grounds. Consider Alibaba for example. China imposed a record $2.8 billion fine on Alibaba Group Holding Ltd. (nearly double the previous record high in 2015 when US chipmaker Qualcomm Inc. was hit) after antitrust investigations revealed Alibaba was abusing its market dominance. The penalty itself is a record one, and for the company itself the amount is quite significant, since it is 12% of net profit. It would seem worthwhile to expect sales. Instead, the stock rallied nearly 10%.
In general, market sentiment continues to be in the zone of heightened optimism. The US stock market continues to churn out records. And in the cryptocurrency market, everyone is at a low start and is waiting for the go-ahead from CoinBase for a new leap up. We are talking about the much-hyped and long-awaited IPO of the largest cryptocurrency exchange in the United States (it will be listed on Nasdaq on April 14 under the ticker “COIN”). Preliminary capitalization estimates are around $100 billion, making this IPO one of the largest in history.
The most likely scenario for the development of events is a sharp rise in prices. The cryptocurrency market in general feels too good (doubled in the last couple of months) and CoinBase in particular (as expected, by the end of the first quarter, revenues will be almost twice as high as in THE WHOLE OF 2020). But if the IPO fails, it could be a signal for a bubble to burst in the cryptocurrency market. In the end, behind all this growth, one should not forget that the cryptocurrency market is a big price bubble that will invariably burst - it's only a matter of time.
Sensex off to 45000 by March 2021Bears 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 only caution this time.
But hey, bulls are back. So I suspect the possible H&S pattern as a trend 'reversal indicator' in formation turning sentiment from bearish/neutral to bullish and once the right shoulder forms completely (give or take 3 months) we would enter to claim new ATH most likely before April 2021.
45000 Sensex is incoming!
SENSEX is Falling 01/02/2021as 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 accumulation zones
these areas are also having confluences with Fibonacci retracement levels which are good areas to target or enter
we may have a small bullish Spike but the overall scenario is bearish from now onwards
bse sensexHI THERE
AT THIS MOMENT MARKET IS A GOOD BULLISH TRAND. BUT MARKET NEED TO SOME CORRECTION FOR STRANGHT. AND GRAB SOME LEQUIDITY. MY THINK IS MARKET IS NOW A RESISTENCE AREA AND GOING TO TEST SOME PREVIOUS AREA. AS I MANTION MY AREA IS 52554-52574 IS A MAJOR RESISTENCE AREA
Sensex Long term trading ideasSensex looks good for long term basis bullish above 50330 and support on longer Time frame 47000
"BSE:SENSEX" - "SELL" signal 15 min (Solved Signal 1)-SELL signal generated by "Solved Signal 1(SS1)" in 15 min Chart of "BSE:SENSEX" Index
- "BSE:SENSEX" 15 min chart
- Indicator used "Solved Signal 1(SS1)"
- Solved Signal 1 generates SELL signal(by default: text:- SS1,color=red,shape=triangledown)
on 15 min chart of "BSE:SENSEX"' .It means "BSE:SENSEX" can go down.
-Solved Signal 1 "BSE:SENSEX" Price data for Solving the Market(See description of Indicator).
-Like and Comment.
-Thankyou
BSE:SENSEX NSE:NIFTY NSE:BANKNIFTY NSE:NIFTY
bse sensexthis is a clear view on BSE. at this moment we don't see any shorting opportunity. its going up and more my next target area is 50776.if reach this level. then next we see the price action on this particular area. next is next see you later. stay with me
Short SenSexDate: 11/30
Stock: Sensex
R:R 1.5
Position: Short
Time period: 1day
Entry Price: 44175
Exit Target: 42146
Reasons for Shorting: Contradiction on Price and RSI.
- Lower lowes on RSI
MACD crossing Signal
