Bank nifty has formed an anti crab harmonic pattern on 1 hour time frame one can take a long position in bank Nifty for the above mentioned targets with a strict stop loss mentioned on the charts these levels hold good for a period of 3-5 days these are not intraday suggestions
Nifty has formed an ascending wedge pattern and a butterfly harmonic pattern on 2 hrs time frame suggesting further down move, targets are mentioned in the chart a strict stop loss for any short position to be maintained at 18188-18200 levels... this view holds good for next 3-5 days and is not an intraday suggestion
Bank Nifty is trying to break out from the range in which it had remained for the past few trading sessions with budget round the corner we may expect an upside rally in banking stocks as per harmonic pattern Bank Nifty has formed an anti butterfly and we may see further upside movement in the next few session the following analysis is my view which holds good...
This is my view for DJIA for the year 2023 it should trade above 32804 in the coming days which would give it a first target of 36253 and perhaps by the year end we may see 39699 should it fail to remain above 32804 then we have a very important support in the range of 29447 - 28468 in my view these levels might not be broken
As per my analysis selling is still not over and until Bank Nifty trades above 42550 and stays above this level on an hourly closing basis don't expect any major up moves as per harmonic pattern bank nifty looks good for a short trade... targets are mentioned in the chart
Bank nifty is about to make a breakout and has formed a bull flag on 15 min time frame one can go long for targets above 37000 key levels are marked for support and resistance
Nifty has made a spectacular pull back from the lows of 15200 levels based on the harmonic analysis it has formed a BAT pattern the upside to Nifty may be capped from these levels one can take a short position in Nifty if it trades below 16550 for targets mentioned in the chart stoploss for this being 16900
Apple at current level looks attractive for investment purpose the company has strong credentials as for the analysis on the charts it has formed a Butterfly Navarro harmonic pattern one can initiate a buy at current levels for targets mentioned on the chart.
With High inflation and aggressive Feds stand there is no respite for the markets one can trade DJIA for levels mentioned on the charts