mcx commmodity, breakout after 1 year long consolidation. must look for long opportunities on every dip.
Trading in a range since last 3 weeks and getting ready for a breakout on uper levels bt could also be a trap zone for fresh buyers.
Breakdown of long consolidation and round level of 5000. Looking for shorting opportunity near 5000. Targets 4800, 4700
Overall Structure For Ashok Leyland is Bullish and is trading near trendline resistance.. can be considered for A swing trade for target of ATH and above. SL 170 Daily Closing Basis
NIFTY has shown a sign of correction nd has given a wild bear move. According to Harmonic Bat Pattern. we can find a support near 21000-21100.
Breakout and retest stratergy. Time for trend continuation. As silver is near it's near resistance level which was taken out and expected to move upwards again.
Natural gas forming a butterfly pattrn and is heading towards its monthly lows. keep an eye
silver near trednline reiatnce valid from 14th april 23 and again trading near it. high prob trade downside. watchout proce action at this level
Nifty auto trading in a channel and reached the upper end of the channel in monthly timeframe. EXPECTING A BO in the structure bt beware of trapping if happens onn upper levels. Bais is CAUTIOUSLY BULLISH at current levels.
Wipro on a Weekly ti,eframe has formed an inverted H&S pattern an uis hovering at resistance since 4 weeks. High proability trade upside. Must watchput IT sector for upcoming weeks.
Natural gas has formed a range and is trying to b breakout the upper end of the range. keep an eey on levels marked, all the logics provided in the chart above
Natural Gas forming a butterfly in 4 hours timeframe and price action confirms the long side view in NATURAL GAS. SL will Be below 2.3$.
natural gas forming a bullish butterfly pattern, hence on can plan with minimum sl but only after proper confirmation