sunilvedula

sunilvedula

Wait for Banknifty futures to close above 46270. First tgt is 46630 2nd tgt is 47430.

sunilvedula

BTC can turn bearish only if it closes below 42500. Earlier post i was bullish and also it met first tgt of 43400 at which point my software gave an exit. I assume the run would continue until 48k. But since my software gave a sudden exit couldn't post as the fall also happened suddenly. This could be because of profit booking in DOW which took already support and...

sunilvedula

Mkt is excellently poised to make a big move to 48200. Momentum is the only factor waiting. Be on buy side and anytime we will see 48200 as all other factors are in place and waiting for momentum to come into action.

sunilvedula Updated 

Hi, As in my last post i have said until we close above 43773 there is no upside. As expected we didnt get a closing above that. Now mkt has retraced back to 50% fibo level 42022. Now we need to wait for a closing either above or below the 50% fibo level. Basis that direction will be clear. For now hold ur trades. As soon as direction gets clear will update. No...

02:59

sunilvedula

Please go through the video to understand the analysis. Risky traders can buy into BTCUSD right away with first target at 43770 and second target at 48268 and SL at 41859

sunilvedula

BItcoin is bullish and is moving very well. It retraced from our level which i provided yesterday Jan 29th 43773. Now instead of giving small targets the next target is set at 48286. Looks like momentum is getting a bit exhausted. Confirmation of further upmove will come only above 43773. We need to wait for a 1hr candle closing above 43773 at which point we can...

sunilvedula

BITCOIN after consolidating is ready for a breakout of 42500 for next immediate target of 43700

sunilvedula

After a lot of minor small failed signals the final signal came for breakout at the right time at 26th Jan 2024 with closing level at 39919 and still on buy side with already 1200 points gain. if you people want it pls let me know through your comments so that i can share it

sunilvedula

Finally BTC brokeout on the upside. Now wait for a retracement to either 40250 or 40650 and enter if it gives a chance. Now BITCOIN is ready to go upside. It might stop at 41533 as that is the 61.8% level. Target is at 43566 and 50k

sunilvedula

Buy Bitcoin only when u see a closing above 40277 on hourly basis and higher high formation. Go short on bitcoin only when it closes below 39618 forming a lower low on hourly basis. Until either of these two things happen dont trade BITCOIN. Buy Bitcoin: if the first condition is satisfied then the target for Bitcoin on buy side is 41533 Short Bitcoin: If the...

sunilvedula

Banknifty futures support lies at 45785 and fibo 61.8% level is at 45658. This fibo is 1 day candle level which ideally should not be broken and we should see a retracement back to 45459 or 46260. But if it s broken then we have support only at 43924. But as per the fibo concept we should take support . So ideally if we touch 45650-45750 it would be better to book...

sunilvedula

Seems like the fall which i predicted just few days back till 38250 is nearly complete as it made a low of 38550. Not sure if it would once again go down and touch 38250 but the price action looks like bottom is made. This doesnt mean we will immediately start going up but can become sideways and then move up.

sunilvedula

Bitcoin has broken the pitchfork support. the last support is at 40277. if we close below that we are heading towards 38250

sunilvedula

47172 was the support that market took which it also took last time and made a new all time high. Now again it did the same thing. Today also reversed from the same area. Looks like reversal is in place especially considering indian scenario ram mandir and elections. Two big things in the offing. Get ready for 50k as i see the new high by Jan month end. Check the...

05:49

sunilvedula

We have tried to provide you to understand the way i analyze and how we take supports and targets or resistances.. There have places where i said support at 44430 but it can act as resistance. This is my first video so take it with a grain of salt but if u like this analysis and receive support will do more of these kind

sunilvedula

Confirmed reversal as per Price action from the fibo point of 50% at 43400. Candle of 23rd Nov 2022 i.e today confirmed the reversal by forming a green candle. Now targets are as follows on the upside 44150(Tgt1) and 44700(Tgt2) once we have a close above fibo 61.8% (43715) level with SL (43400) candle closure. All levels are only after candle closure happens....

02:53

sunilvedula

Mkt has taken support at 50% fibo level of 42490. Now we are firmly above 38.2% line and clearly into upside. Following are the targets 1st target 44151 2nd target 44693 Final target 46369

sunilvedula

As we anayzed mkt has been bearish. Our predicted target have already met. Now where will the market take support? Still 3000 points is expected. Following are the levels expected to meet before it meets it final target. 1st Tgt is 42650, 2nd Tgt is 41000, Final tgt is (40450-39950). Breakdown tgt is 38850.