Vulnerable_human_x

Vulnerable_human_x

Expecting the equal lows at the bottom to be liquidated and price reaching OTE (7.05 fib) in retracement leg. Once the demand zone is tested, look for a confirmation on Lower timeframe. The Equal highs at the top will be the next target once the lows are liquidated.

Vulnerable_human_x

The premium zone of the price range is yet to be mitigated. Price is approaching the zone with absolute compression. Price can easily fall towards the low post mitigating the premium area. But as per weekly timeframe, i expect bulls to take over. So i persume for an immediate fall towards the low for stophunt and change in overall trend (bearish to bullish).

Vulnerable_human_x

Yes, it's extremely bearish for quite sometime. But it all depends on the timeframe we look at. HTF are always key and vital. As you can see, price has just retraced back to the golden levels at weekly timeframe. All i see is that price can find a bottom now and move higher.

Vulnerable_human_x

Price is retracing back into the FVG created by the bearish move in absolute compression. A sharp move down towards discounted price can be expected.

Vulnerable_human_x

Looking at the latest swing highs and lows, Nifty retraced back to 0.7 levels and formed Head and Shoulder pattern. Expecting the price to break the latest swing low.

Vulnerable_human_x

TATA POWER has tested supply zone recently and reacted to it by breaking the higher low in lower timeframe. However, 1H and 4H demand zone is yet to be broken. Once those zones are broken, price could fall exponentially.

Vulnerable_human_x

Bandhan bank is nearing the supply area (318.90 - 313.20). Look for price action at these levels and if you find a confirmation, look for shorting opportunities.

Vulnerable_human_x

ITC has formed a bearish flag pattern on weekly timeframe. It has recently tested the supply area and falling drastically ever since. This trend in confluence with any negative news such as omicron can bring the price to unexpected levels.

Vulnerable_human_x

Wipro was in downtrend moving towards the previous demand zone. Demand zone gave a good support and now price is moving towards the break of structure (Downtrend -> Uptrend). If price manages to close above 667, look for a retracement and enter the market. Since the results are good, we can expect a good move in Wipro now.

Vulnerable_human_x

Strong resistance was placed around 470 in SBIN which was tested thrice but failed. Ascending triangle pattern was formed on daily chart and the resistance level was finally broken now. Investors can buy at any levels. Traders can wait for a pullback and enter.

Vulnerable_human_x

Trend change noted in Bandhan Bank. Descending triangle breakout with supporting volumes. Go long