Citi bank is traveling towards the resistance @ 52. Once it touches 52, we can expect a short pull down to 49 or 48. Once it crosses 52/53, it will fly.
Weekly MACD is in the sell side, so sell on rise market until there is a macd cross over Note: this is for educational purpose.
Reasons to go Short: 1.Trend line Breakdown 2. Super Trend Indicated negative 3. Big Flag Breakout 4. MACD short line is above 5. Could be false breakout as few days ago, kindly wait. Note: This is only for educational purpose.
Basing Candle with closing below the previous trend line which indicates - Short position. However we need to wait & watch for the next candle for DBR or DBD. Reasons to Go Short: 1. MACD cross over is awaiting. 2. Super trend indicates short 3. Candle closing below the previous break out line 4. Weak Demand zones 5. If 13-Feb closes below 97, then Drop based...
Looking like a Inverted Flag formation or Ascending triangle formation. We need to wait for the Breakout or Breakdown. Note: This is only for educational purpose.
Once it breaks the triangle pattern, we can expect a good downtrend to support level. Note: This is only for educational purpose.
EIH will reach 224 once it breaks out the flag pattern. Already it was rejected twice at 224 in the long term so it should be the resistance zone. Note: Only for educational purpose.
INOXWind Cup and Handle Breakout TGT280 in two to three months. Note: This is for educational purpose.
NMDC has formed rounding bottom breakout. Target 141. Note: This is for educational purpose.
Hi All, Nasdaq is currently in the trend line which is prior to COVID support. Which inturn means that all the money that has been pumped in during the COVID time has been pulled from the market and it is safely in BOND market. From my perspective there shouldn't be fear of inflation since all the money pulled from the market already. Note: this is my...
Nasdaq - Side ways movement prediction. The current movement will retrace to the next swing. Note this is only for educational purpose.
Nasdaq is in extreme support will bounce back after fed meeting Note: This is only for educational purpose, please consult your financial advisor for investing.
Current low in the nifty bank is the support from the trend line prior to the covid range and all the inflated money is pulled out hopefully. Once US announces the Feb hike on March 13, hoping it would recover from the trend line support. Note: This is only for education purpose, please connect with your registered broker for buy/sell call.
Current support could be the head and shoulder completion however in monthly chart there is a big head and shoulder to be completed if the current resistance 13k is broken. Hoping to bounce back from this level and hoping correction is over. Note: This is not an advice, please consult your registered advisor.
Nasdaq has started moving side ways where it is currently in consolidating phase. There are two possibilities. 1. Flag Pattern 2. Double Top Flag Pattern: If it forms the flag pattern and breaks the upper side way trend line then market will turn bullish . Double Top: If it forms double top and travel towards the trend line which is prior to 2020 trendline...
Nasdaq has started moving side ways where it is currently in consolidating phase. There are two possibilities. 1. Flag Pattern 2. Double Top Flag Pattern: If it forms the flag pattern and breaks the upper side way trend line then market will turn bullish. Double Top: If it forms double top and travel towards the trend line which is prior to 2020...
Nasdaq Possibility in the up coming months. My Personal view of Nasdaq in the coming months. Could be 30 percent lower. It can touch the previous trend prior to covid and retrace back. Note This is only my personal view not a recommendation of any kind.