As we discussed in our last analysis that it returned back to channel it will be bullish and it gave 2 days back to back bullish momentum. But now we can see its on confusing if it's a breakout or still in the pattern. once its out of the pattern it will be going bullish. by looking at the chart market seems to be sideways for tomorrow. Reasons: Inverted...
BTCUSDT is the mostly traded pair for cryptocurrency Buy mode ON. Reason: Trendline Breakout Support at 200 EMA Golden Crossover Detailed analysis will be provided soon.
EURUSD is a Forex instrument; by looking at the chart, we can see that EURUSD has been in consolidation mode for more than 40 day. It seems it will be going in bullish trend in upcoming week. trade might take 10-15 days to achive the target. Reason : Bullish Enugelfing candle from Strong Support level. Taking support at support zone of 1-D timeFrame. Very...
AUDUSD is a forex instrument that has 5.4% of trading volume. AUDUSD have been consolidatiing in the rectangle for past 2 month. It break to the downside but proved to be a fakeout. and market reversed and ended up back in channel. AUDUSD is expected to be bullish for next week. Reason : Fakeout and very nice volume comeback to channel. Price > 5 EMA >13...
USDJPY is one of the popular Forex-Pair for trading. USDJPY is showing near term bearishness. as we are seeing that it's trading on it's all time high also has been rejected once with high volume volatility. once break we will be having a nice approx R:R :: 1:3 trade. Near future i am expecting a bearish market once it break to downside. all levels are marked on...
EURUSD is a Forex instrument; by looking at the chart, we can say it has taken support from the nice support ZONE. This time BUY setup is Risk:Reward :: 1:3.5. I am asumming it to go higher now. Reason: it has taken support from very nice support zone. Formation of Bullish hammer at the bottom Sopprt, shows nice bullishness. Nice RSI return from...
INOXWIND has given the breakout. as shown on the chart. we can see it has accumalated the quantity for past 3 months. now today has given breakout with nice volume. it will be a good trade with R:R :: 1:3. Reason: descending bullish triangle pattern breakout confirmation. RSI is breaking 60 to upside nice strength in the trend. Support at VWAP ...
NIFTY yesterday was total bearish but in 2nd half Bulls came and took charge and all market reversed back in bullishness. as PCR = 0.85 (Bullish) and also market is back into pattern. so its assumed that bulls will be taking control of today's moment. Reason : Chart is back in the pattern will full yesterday 2nd half bullish. PCR is 0.85 (Bullish) MAX...
NIFTY is showing Bearishness. by looking at the data we can say it's going to be bearish for this week. also intrest rates in US is also going to effect the market. because of the FII starts pulling their money form INDIAN market. Reason : NIFTY is down to the bearish line ZOne. RSI showing very low Value means buyers are not trustung the market. PCR 0.65...
as we discussed in our last posts that NIFTY might be taking support from this level. But will not go direct bullish from here as 200 EMA, VWAP is acting as high resistance zone for nifty. For tomorrow it seems to have a sideways moment Reasons : We are having a nice support Zone to downside at 19500, and resistance at 19750. RSI is in Range 40-60 which is...
After the expiry huge selling it indicates quite the bearish trend in the market. If we see 1-D TF chart its bearish engulfing candle, as its in middle of the trend it's not that powerful. Market might go more bearish as its sitting on Price Action support level. FII perform heavy selling signs bearishness too. and also at the same time having multiple resistance...
As we have been discussing the range for nifty whole week. Nifty is moving in the sideways zone in range 19650 - 19750. today it's also expected to do the same. Reasons : Having resistance of 200 EMA above side. Major resistance Zone at above side. PCR = 0.82 (Mild Bullish) Accumalation phase is going on. RSI is in 40-60 mostly indicate sideways...
As we have have been discussing nifty fall. Now nifty has proven to 0.5 Fib Level 1H-TF as a good support Level. yesterday it has also taken a nice support at this level. we are assuming nifty to be in the range 19630 - 19800. Detailed levels are marked on chart. Reasons : PCR = 0.81 (Mild Bullish) RSI Bullish diversion. Channel is coming to end of...
Sequent is performance based stock. It gave a breakout earlier and now after a nice consolidation it seems to move again in bullish direction. Reasons : Taking support at 200 EMA and VWAP. moving in Higher HIGH Higher LOW. Important level are marked in the chart. RSI breaking 50 to upside shows Bullishness. Re-Breakout after 3 month of...
as we have discussed in our last analysis, we waited and then entred in the 19750 CE + 19750 PE selling. market respected levels quite nicely. seems there might be a bounce back or consolidation from this level. Reasons : RSI is very low that indicate the weak strength of the trend. and at the same time Oversold the Market. Nifty is taking support at 0.5...
As we have have been discussing nifty fall. Now nifty has come to the 0.5 Fib Level 1H-TF. yesterday it has also proven as support point whole day. we are assuming that it might take support from this point. Reasons : RSI is very low that indicate the weak strength of the trend. and at the same time Oversold the Market. Nifty is taking support at 0.5 Fib...
We provided a analysis in the morning for NIFTY Expiry by saying sideways momentum. But morning session 9:15-10 AM momuntum was very strong that VWAP could not hold and it break to downside. But after 10 AM market went into sideways momentum by taking support at 0.5 FIB level.
We have been discussing the nifty charts regularly. after the yrsterday fall we can say that as it's Expiry today; it's very less chance to get a big momont in a row. So, we are assuming that today it will be more of position roundoff. Today's moment is assumed to be sideways in RANGE 19815 - 19965. Reasons : It's expiry last day was big moment. Near...