Hey there tradingview community, Its another analysis on the indian market,specifically ACC Ltd. So the market opened at 9:45 and opened gap down and immediatedly pumped up and then showed a sideways movement. Also the it showed a minor uptrend. After that its clear that the operator like banks and mutual funds entered into the market for a bearish momentum. But...
Analysis on the Indian Stock Market BANKNIFTY Part - 2 Asif Hassan Risan 27,september,2024
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Price action - the classical method of analyzing the market. So here at CTSIUSDT pair 15 min chart timeframe ,which is perpetual binance futures chart, the market was almost at its support area when i took a trade at exact price of 0.1284 ... The market was previously in a uptrend and it broke the resistance zone, which i drew as the purple zone. Then the market...
The market was respecting the trend line again and again...Just made an analysis out. watch the video <3 -Asif Hassan Risan 9 september,2024
The "golden levels" — specifically the 1.618 , 2.618 and 3.618 retracement points — hold a special place. These ratios, derived from the Fibonacci sequence, are revered for their tendency to act as crucial support and resistance zones.Fibonacci sequence expresses the golden ratio 1.61803 and the market fullfills the structure most of the time by retracing the...