ICICI Bank analysis in 4H timeframe. ICICI Bank was in nice uptrend and following the trend line. But now it looks bearish after deviation from high of 942.90 . And now market structure is also shifted to downside After breaking the trend line and orange zone. Now I would like to short it only if it it comes back for a retest of Orange zone. Just wait for some...
(1)What is India VIX or India Volatile Index? -India VIX or India Volatility Index is a volatile index that is calculated by the NSE to measure the market’s anticipation for volatility and fluctuations in the near term. -A lower VIX signifies low volatility and a stable range for the asset price. -A higher VIX implies high volatility and a lack of confidence among...
Infosys Ltd is currently trading around 1526. We had a V shape recovery in price but now people are taking profits and selling their share. Price also deviated above previous high of 1631.35 and now it's trend is changed in downwards direction. Nifty is also looking bearish at the moment. Expecting Infy to Fall around 1355 and below. You can short it after a...
Cardano successfully broke out from ascending triangle in 4 H timeframe. ADAUSDT broken the resistance line successfully and now retested it. Now volume is above average and going upside. Ichimoku cloud is still green and open interest is still increasing. I'm seeing this scenario as bullish. First level to watch out will be 0.6141 as resistance. These are just...
Looking at the NIFTY on Daily timeframe. It looks bearish to me. Resistance at 16800 worked well. And now heading to support level at 15750. These are just my views. Not a financial advice. Do your own research. #DYOR.
In 4H TF ZECUSDT is making Head and Shoulders pattern. Price broke the neckline and now expecting it to go on demand zone. Short from here can give profit between 8-11%. These are just my views. Not a financial advise. Do your own research. #DYOR.
XRPUSDT 4H looks bearish to me for now. From that yellow zone it took reversal and may be heading towards support line below. I can clearly notice red candles in volume. This are just my views. Not a financial advise. Do your own research. #DYOR
AVAXUSDT in 4H timeframe took support from the trendline below. Now price is at yellow rectangle. Can act as support and resistance. If price breaks the resistance and comes back for retest that will be a good buying opportunity. And from here if we see a bearish reversal candle price will go down. Two yellow lines above and below will be take profits. Not a...
Doge in 1H timeframe. Descending broadening wedge breakout and now upper trendline resistance could work as support. I also see a inverted H&S Pattern trendline broken now retesting. Some green volume candles and here we go. This are just my view. Not a financial advise. Do your own research. #DYOR