BSE
Higher Low in consolidation range....LONGPetronet is in clear uptrend on weekly TF.
On Daily TF, it is consolidating in a range. Now has made a higher low with a strong Bullish Engulfing yesterday.
I am long. Target has been set as per classical charting rules i.e. equal to max width of ascending triangle.
Sensex Index UP Coming Trend Analysis Hi
we believe that there exist a Three Drive Pattern for which it takes few days to complete and then we have a bearish retracement for which we may Short the Market.
The Fundamental analyses are base on the current Oil Price and problems in Middle East and as we have analysed the NIFTY, we can conclude there is a upcoming Bearish Trend as the Oil Pries may go Higher so the companies should face the Demand issues and their productivity comes down so their stock price...
Best of Luck
Trade Sensibly
please write your ideas for us so we can discus and develop our knowledge
BANK NIFTY BEARISH CRAB PATTERN FORMED IN 1 HRHI EVERYONE!
MY VIEW ON BANK NIFTY IS FORMED BEARISH CRAB PATTERN FORMED IN 1 HR
TARGET 26920 IT WILL ACHIEVE WITHIN THIS OCT MONTHLY EXPIRY
GO FOR SELL
I RECOMMEND DO THIS TRADE IN OCT MONTH PE OPTIONS..LESS INVESMENT HUGE PROFIT IS THERE!
LET"S WE WAIT FOR 26920
THANK YOU EVERYONE..!
KEEP SUPPORTING..!