This comming 30 may 2024 ,according to my little knowledge of gann and techinacal anaylaysis,I am predicting a bottom ,for nifty at whatever price is nifty at that point and a handsome rally in Nifty.This analysis is purely based on technical analysis and time cycle.plz do your dugilience before taking any trade.
In the given chart we can see that after big fall of two days,on daily price reverse back and close above the low of big red candle,which put short sellers in trouble who shorted on big red bars ,once price keep trading above the low of big red candle they will look for cover which can lead to short covering and also rally will resume WEEKLY RSI AND DAILY RSI...
IN GIVEN CHART MARK 21st june 2022 we can see 2 doji and big up move similarly we can see that 2 doji this week 17 march ,so we can expect again big move . * * ALSO I WANT ADD MORE POINT ON TIME FACTOR SEE 21ST JUNE WHICH IS EQUINOX AND 21 MARCH IS ALSO EQUINOX SO WE CAN MORE PROBABIILTY OF BOTTOMING,HOWEVER WE CAN NEGLECT THE BULLISH VIEW AS LAST WEEK LOW IS...
As we can see that given chart the IT sector as form very good base , with bull sash candlestick pattern on last month low with fibonacci retracemet also at that same level suggest how important that level is for price. Bull sash is very pwerful bottom forming candlestick pattern with high success rate. As last week was bearish but this week price gapup plus give...
Hi, Trading view family, Today seen an good price action trade on reliance, As we can see that after breaking a long trendine , A retest is made till the trendline , And when we make fibonacci retracement from recent lower low to lower high we can see that it retraces 61.8%,Along with recent beginning of Short Term Correction.Makes this setup a 7Star Setup .So...
Hi Trading view Family, Theres lot of noise on social media regarding selling bitcoin, But we should see this scenario before selling bitcoin.On dailt TF we can see a trendline with fib retracement, And till now it is retraceing 0.382 level with 20 EMA support. Along that we also can have testing of 0.5,0.618 level on fibonacci retracement. And high chance is that...
Hi Trading View Family, Today I have found very intersting chart of DR REDDY, here we can see that on 30min TF we have found 100EMA,200EMA crossing each other when 100EMA cross 400EMA ,We can generate a buy,As100EMA,200EMA,400EMA is forming straight line on chart and then crossing which shows that price has been consolidate and now can go away from MOVING AVERAGE...
Hi,Trading View Family, I have found Infosys chart very intersting, On 30 min we have 100EMA,200EMA,400EMA close to each other this is a very good sign that price can show moment,According to Techanical analysis when ever Price comes close to EMA the tend to give movement, In this chart we can initate buy order when 100EMA CROSS 200EMA and then 400EMA...
On Adani Enterprises on 15 min a channel is formed, Price as already taken support from its previously tested trendline, and now consolidating in an channel form, We can inititate buy order when price breaks channel and also when 20EMA is near to price at the point of breakout. We can take target of 1% And trai it till 1546.70.Easily 1:2 target can be...