NMDC...Positional Entry...Possible to reach 300 !NMDC broke out of a long term Descending Trendline...Good script for positional buy...Possible to reach 300!
Indianmarket
Falling Channel Retest doneStock Analysis: IOB has broken falling channel currently on retest level, it is good buy around marked demand area with bottom level as stop loss for the target & percentage given on the chart.
let's see.
Happy Investing!
Sensex / $ACWI All Country World IndexSensex has now finished above the 2018-trendline for the third time on a weekly basis. RSI also showing strength.
More confirmation that India is now a good place to invest your money.
For educational and entertainment purposes. Not investment advice.
COALINDIA analysisIt's in an uptrend, moving in a channel.
Based on my analysis, this will be a new high in about 180 days. I'm very much confident with this, but always remember to trade with a stop loss.
Gold (Petal) - India (MCX) Price AnalysisGold is at an important price point and its future price movements depend on whether it undergoes a breakout or a reversal. Enter a trade only after confirming a Breakout or Breakdown.
Nifty - Elliott wave analysis - buy or sell ? what's next
It is in correction after finishing the shorter cycle, so from current level, it should start correction up to 16100 or lower level. There is always a possibility of further extension, but buying at current level is too risky. So stay hedged between both buy and sell set up to be risk free.
is everything rainbows, roses, and unicorns for India?The great mobility of capital in India has been known for some time.
In the endgame however, valuations becoming overstretched, although a mere extra, is one of the principal actors. So we must consider unicorns to be developed as as necessary step in this battlefront and it is no surprises from a timing perspective.
So we have the following charts: Nifty slowly approached the 12,000 level, and when arrived it brought together all kinds of unloading, more than enough for a hearty breakfast.
Once more we consulted, this time with the price at 8,500, and this picture was intended to convey how after the penetration, we should typically look for a slingshot towards the highs in a 5th wave.
Here we now have the proper moment to get into contact with the corrective swing. I am looking for an August/September temporary high that could last into Q1 2022, and so we can become a bit more enterprising with the next moves.
Here eyeballing a correction from current levels, 16,500, towards the 12,500 support over the coming months and quarters. This is demonstrating profit taking as the big beasts and sharks book gains for the year, and bringing your portfolio to safety rather than anything else.
BTC (INR-adjusted) / SENSEXAs long as we are above 36.9 for BTC / Sensex, there's no reason not to own BTC.
The almost-10-year-old trendline is also acting as a strong support zone.
One more interesting point to note is how BTC ripped up in May 2017 after breaking out of the Nov 2013 highs. After the May 2017 breakout, the former highs acted as support in July 2017. Post that retest, BTC / Sensex roared to the famous 2017 BTC bull run.
Now, a similar pattern in the ratio, with those December 2017 highs acting as strong support, can be seen developing in August 2021.
Not investment advice. This is only for educational and entertainment purposes. Please refer to your investment advisor before doing anything. I am neither a registered investment advisor nor a research analyst.
NIFTY 50 Market Structure Hi guys!
Today we are looking at market structure of nifty 50
Currently, oversold/discount. I am looking for potential buys or sells. The future price action will tell what I execute finally.
Nothing mentioned above is a financial advice, we would not be responsible for any profit/loss.
Good luck guys! <3
ICICI BANK potential distribution phaseHey guys!
Today we are looking at the ICICI Bank chart.
Seems like the recent bull market move needs some rest for a while.
Although anything can happen, I am waiting for clear confirmations before executing a sell or a buy.
But mainly I would look for sell side trades.
The horizontal orange line shows the level, if broken, I would look to sell the share and go short, i.e bearish.
I might sell calls or buy put option or might sell the FUT or EQ segment. Will depend on the situation at that time.
Nothing mentioned above is an investment advice, kindly contact your financial advisor before taking any action.
We will not be responsible for any profit/loss
Good luck guys! <3
Equal Weight Nifty ETF Movement3 shares - Reliance Industries, HDFC Bank and Infosys - weigh almost 30% of the NIFTY 50. These shares have returned anywhere between 18% and 35% in the last 3 years.
Looking at an equal weight Nifty chart can give a useful perspective about NIFTY movements.
As seen in the chart, NIFTY went nowhere for almost 6 years from April 2015. It only surpassed those April 2015 levels in January 2021. The former highs were retested in April 2021, and like a charm, the former resistance became the new support.
Get information about NFTY ETF from First Trust below.
Britannia Multi Conformation..!In BRITANNIA Following Patterns are available:::
1.. Big Flag and pole Pattern
2.. 200 MA Support
3.. 50 & 200 MA Cross over (WE SAY GOLDEN CROSS OVER) going to happen...!
please guys don't close HAPPSTMNDS into hit TP patience is key guys
this trade was first trade i have been posted in my page so it must make us money lol
ALHAMDULILAH
TradingWise Supply and Demand IndicatorTradingWise Supply and Demand Indicator is based on the Price Action candlestick patterns to identify the Supply and Demand zones in the charts (Areas of liquidity). It works on all Timeframes and Asset Classes. This Script helps the traders to identify the demand and supply zones with identifications on the candle stick patterns indicating the origin of the Strong move. Also it generates Alerts automatically once the supply or demand area is formed thus by reducing the hours spent on the charts and reducing the missed trade Opportunities as well. This Indicator is extremely helpful for those on Full time Jobs/ Busy Schedule.
Buy/Sell Alerts by Indicator:
Green Diamond + DZ Sign ---> Indicates the Demand Zone Formation. Place Buy Trade upon Entry Criteria Met
Orange Diamond + SZ Sign ---> Indicates the Supply Zone Formation. Place Sell Trade upon Entry Criteria Met
IND50 LongDo take note that I believe the market has been ranging for the IN50.
But as my indicators show it is a long opportunity.
Based on this information, managing the trade is a priority as it would be for any other trade.
If you look back, in July I took a small loss. I should be in this trade a couple of minutes before market close, as time differences will close trading earlier.
I know nothing about the Indian economy.
*IMP* Wockparma 2 month hold. 60% Returnonly buy if the candle doesn't cross and close 518 downwards. and buy on the end of day when the candle closes green or a couple of long wicks downwards on day candle. 60-70 percent return expected in 1 and half to 2 months. and 250/300 percent expected in a year and half to 2 years for long hold.
NESTLEINDIA BEARISH SIGNALHello Trader NESTLEINDIA formed a Head and Shoulder pattern in Daily Time frame and it also fails to cross its area of Resistance please do your own analysis if you fell my analysis is helpful for you please like and follow me. Thank You
TESLA BULLISH SIGNALHello Trader TESLA formed a Falling wedge in Daily Time frame which indicate bullish reversal pattern, it can give a target of 1236. this is my view as per the chart what is your opinion please tell in comment box. if you find my analysis is helpful for you then please follow mw and like my analysis. THANK YOU
TECH MAHINDRA BULLISH SIGNALHello Trader I Found TECH MAHINDRA In Bullish signal as we can see it broke its Resistance Area and it is taking as a Support Area. Stop loss is only of 20pt and its Target Is around 100 Pt its my view please do your own analysis before taking any action. If you like my analysis Please follow and like my chart as well. Thank You
