Indian Rupee is on year long wedge formation But its not strictly a technical pattern because INR is in dirty float meaning Central Bank manages its levels. Therefore the chart does not reflect the market participants view Can't trade this kinda managed chart patterns
Ethereum is breaking down again after consolidation Will it break the swing low. I think so
bitcoin and gold behaving similarly against high yield bonds Bitcoin higher when highyield falls Gold higher when highyield falls
TCS has broken out of weekly double bottom and a symmetrical triangle Upmove confirmed?
India govt bond yields has formed a continuation head and shoulder pattern Are the yield going to sub-7%
ICICI Bank is breaking out of Symmetrical Triangle. there is also a double bottom within that triangle If breakout holds ICICI Bank is going towards 1000 in next few days
EURUSD broke out of double bottom on hourly time frame Likely to test 1.08 on the upside
Nifty is close to all time high and has retraced to trendline of bull channel. Is this break down or spring that will ultimately push nifty higher to new ATH?
Nifty could be testing 19k next week Wedge pattern breakout on hourly and strong bull candle on daily weekly
AUDUSD has broken out of wedge and going up further on one hour timeframe
Forex Euro Swiss Franc is heading towards top of the range on hourly time frame
#nifty #USDINR A double bottom @ channel Support line forming at Channel support line. Will it break out and go towards channel top?
Nifty is at supply zone and macro narrative is not supporting a breakout Could be headed to 17500 in next few weeks
Bank nifty is forming a wedge at supply zone around round number 43k. If wedge breaks down, next week could be down week
Infosys is down after missing estimates Infy may technically re bounce to 1400 levels but its going to go towards 1000 Recession in Developed markets are taking a toll
Bitcoin after breaching 30k is forming a head and shoulder on hourly time frame. Will H&S complete and go back to 20k? or is it just a consolidation?
FED is preparing the mood of the markets for a "Mild recession" That could turn out to be a deep recession as FED is not yet ready to pivot India-NSE IT index is sharply down compared to other sectors