Economic Cycles
Federal Bank Analysis This is more like looking at charts and trying to find out patterns
whom can this help
Investors - what should be there SL in Federal Bank - exit at 66 and re-enter at 41
Technical Analyst - one more analysis - always good to see perspectives :) isn't it
Traders - Not exactly - but they may want to set an Alert for Monthly closing below 66 or above 87 for major moves
Hypothesis
Looking at charts, it seems there is a strong magnetic support/resistance at 40.5 price. It
BNF will continue to fall ?Hello All,
Please refer my previous related idea where it touched the 37700.
We are seeing continuous selling but at some point it has to breath and decides next movement. Market has been ending negative even if start with good momentum.
Falling channel with 2 Arcs or cycles where I have just plotted the second arc by cloning first one. If downside momentum continues we can see the exact replica which will end at 36300.
FII has sold 2700 cr and DII has bought for 2500 cr.
Please find the le
💎 PAYTM : 315% Profit Potential in Next 8 Months💣💣💣💣Finally After lots Criticism and Uncertainty Paytm has started it Bull run.
I believe tht the major drop on paytm stock was done intentionally.
First time Paytm Discovered Strong Demand Zone at 530rs Area.
Right now no one is talking abt this Gem, This is Perfect time to fill the bags silently and HOLD strong.
I am Expecting more than 300% returns in this Historic Upcoming rally.
BANK NIFTY Analysis / Observation 40000NSE:BANKNIFTY
I strongly believe this is not a breakout , and might be a fake one as NIFTY HASN’T BROKEOUT YET
If NIFTY BANK breaks and closes above the parallel channel, then i may re-think about my analysis
Here’s a link to my previous Analysis
I’m still thinking it may play out, keeping in mind of foreign markets.
Watch for breakout and close above the parallel channel and invalidation of H&S.
Share if you like it
PS: THOSE IS FOR EDUCATIONAL PURPOSE ONLY
VARROC BULLISHVARROC ENGINEERING STOCK is consolidating since past 4 months and currently it is near its resistance if candle sustains above it with good volume you can go long after doing your own analysis.
Targets, SL, Entry points has been given in the charts.
If took trade please do money management.
ONLY FOR EDUCATIOINAL PURPOSE..!
ES is in its final leg to bottom out around 4085-4075The S&P is in its 5th wave from the high of 4327, nearing the confluence target area of 4085-4075.
Ideally wait till the entire 5th wave is complete (all the subwaves) and wait for a reversal to take a low risk entry.
Targets can be the mid 4200s.
New idea will be updated there
ES emini wave analysis from 3693 lowThis whole rise has from 3693 low (yes, not the actual low at 3639. Refer: wave 5 truncation) has been a 3 wave move so far.
Wave 1/A has been a clear 5 wave followed by an extended 3/C wave with the iii of 3 extension.
The 3/C wave ended with wave 5 as an ending diagonal.
Now, the fall from the absolute high of 4327 has been impulsive so far with a series of 1-2-i-ii.
The first target post a completion of 5 waves up is the range of the 4th wave of lower degree. This comes at 4113-4080.
This
Nifty wave counts from 15183This is one of the rare case where a 3 wave move up has a C wave extension greater than the regular 1.382/1.618.
In super-extended moves, we have seen C Waves extend to 2.0 and even 2.618 of wave A.
What determines the future move is the speed of reversal post completion of Wave C/3.
Another supporting evidence for it being a wave C and not wave 3 is that the initial moves prior to wave C was a clean Wave A i.e. a 3 wave move contained withing parallel lines, whose subwaves tended to equalit
Nifty Where does this heading July Contract Still Nifty showing corrective structure and we would be forced to change the view above 16200 levels.
Nifty retracing before its next fall. Nifty will be completing 61.8 retracement at 16116. If this area holds then we can expect a deeper fall towards 15200 and Below.
is BANKNIFTY ready for more.?BANKNIFTY did exactly as we analysed and has also successfully filled the gap taking the neckline as support now we can see BANKNIFTY resisting at 34400 as the gap has been filled and is an important closing hence if BANKNIFTY opens flat to negative we might see a good downside movement on the other hand if opens strong we might see 34400 acting as a good support and continuing its bull run
BTC Blood Path !!! But where is the BOTTOM ???Good day to everyone!
BTC enters the BOTTOM zone which is between 16-22k. Best buy zone is 16-18k .
We may rally to the resistance zone 48-50k after few months of bottom consolidation (July - October), and then continues the Bull Run breaking ATH.
Get ready for the next Bull Cycle..
~RPS
Important SUPPORT is still securedAs we analysed yesterday that the opening is very important and any flat to positive openeing could show strong upmove and we did saw that today but that upmove couldn’t sustain any longer and fell in the second half but still closed above our given support! this shows the same scenario as yesterday and same setup can be implied but continuous hitting on support is making rhe level weaker and hence as soon as the level is broken we can go short as this level will later act as resistance and one























