Phoenix085

Phoenix085

The crucial SnR's are marked on the chart... As per my analysis and the way price has reacted recently... I feel there's a certain uneasiness in RIL stock which if supported by the Nifty, would definitely come crashing down to the 2450 or even 2400 levels... These are just my analysis and not recommendations... Cos if i am not getting a penny from your profits...

Phoenix085

who said you need fancy tools to be good at trading, all you need is a ruler and a sound mind.. Please find my views for BTC on 60 minutes....

Phoenix085

This is just my analysis and should be considered only for Study purpose and not as a recommendation as i am not responsible for your losses or get a share from your profits... This is a simple price action study... looking at the chart i feel the Dow is ripe for a bit of a correction... I feel we could stay away for a while and let the market play its card...

Phoenix085

This is my study and analysis based on Market Structure and Pitchfork... I strongly feel the trend is still Bullish as the price has failed(@multiple instances) to break the major Market structure yet which implies the trend is still bullish... So, Target --> the median line of Inside pitchfork ...

Phoenix085

Just trying to record my analysis... I do not trade in this pair... This is just for Documenting my thoughts... Been Studying Wyckoffian concepts for some time... Just my thoughts based on Wyckoffian Principles....

Phoenix085

Just a lil more steam left... 62.75 is the target...

Phoenix085

Mark my words, there is gonna be a change in trend once the red trendline is hit... This is gonna be a tricky trade, but i am damn sure there will be a big move the day before and on the the expiry day... Keep calm when there is noise, just replicate the trendline i have shown and just go crazy buying the puts, but on 9th and 10th only, i am damn sure you will...

Phoenix085 Updated 

HOW?? I dont know, but definitely there's something cooking up... and i feel theres gonna be a SHARP move.... NOT SAYING BULLISH or BEARISH... not enough confidence to choose the side... but the move is gonna be HUUUUGE.... which will either multiply or washout your capital if you're not FAST... not CAREFUL but FAST how QUICKLY can you DECIDE or change side...

Phoenix085

I feel this is just a biscuit move to trap the remaining BULLS provided nifty dont close above 11950 strongly(11930 to be exact)... The best time to crash the market is when there are MORE BULLS than BEARS... QUANTITY vs QUALITY... You'll know what I mean Tomorrow...

Phoenix085 Updated 

As per my understanding of the chart, nifty will surely try to touch the 12000 mark as was done previous 2 times... Every time nifty goes to the 12000 mark it is pushed back (profit booking happens) and if Nifty doesn't open with a huge gap up above the 12000 mark (in which case this means another bull run) and struggles its way towards 12000 mark, the second...

Phoenix085

Coming days i feel 11450 is the ceiling and there should be a bit of profit booking... and if there is profit booking the market can get reeeeealllly volatile.... i am veryyy bearish on the the market... and i also know there will be a small time rally but dont see market breaching 11450 shortly...

Phoenix085 Updated 

WATCH FOR THE LINES...

Phoenix085

Rally-Base-Drop - Just trying my hand @ Supply - Demand... Asked someone to help and got no positive response soooo i took the matters in my own hands and posting my ideas...

Phoenix085 Updated 

i WILL NOT BE SURPRISED IF NIFTY "OPENS" WAYYYYY BELOW 10550 TOMORROW(9TH JULY 2020)... THERE IS GOING TO BE PANIC SELLING IN THE NEAR TERM AND THE VOLATILITY WOULD DEFINITELY SCARE THE SHEESH KABAB OUTTA MOST AND FORCE EVEN THE BRAVEST OF HEARTS TO RUN LIKE FORREST AWAY FROM THE MARKET TO PROTECT THEIR PROFITS...

Phoenix085

What i see and believe since i am not following this closely.... The stock is artificially being manipulated or the promoters know something that we do not... The general trend is negative(judging by the candle bodies on the downside relative to the upside) but there will be a short rally for sure... Just felt like sharing as a bit of Caution for those who are...

Phoenix085

I feel 350 is a level to watch out for....

Phoenix085 Updated 

I feel the market would be range bound between 10250 - 10550... Once that level is breached there will be a very Sharp RALLY.... Why I Feel it would rally even i cant put in words its my GUT and INTUITION.... But i feel Nifty should test 10800 atleast before End of JULY 2020....

Phoenix085

I feel once the levels below are breached should see some selling shortly.... but right now it is still not decided but i feel the direction should be downwards...