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Seasonality

Bank Nifty Weekly Technical Outlook – 08.08.2020Price Action Analysis: On a weekly time frame price action in the current week formed a Bullish SKR price bar pattern to final close at 21754. In the previous week price action resulted into a down bar. With the start of the week price violated the low of the previous week and recorded a low at 21031. Throughout the current week the low of first day of the week was protected and finally managed to close at 21754 above the preceding week close at 21640. The important aspect to keep in mind is th
NSE:BANKNIFTY
by VanijyamShala
Nifty Weekly Technical Outlook – 08.08.2020Price Action Analysis: The present scenario in Nifty reminds me of a paradigm MOB - Make or Break situation. The previous week price bar structure was a Bearish SKR. On Monday price opened at 11057 and recored a low 10882 breaking the low of previous two weeks. But the low of Monday was protected throughout the current week and price advanced making higher low and higher high daily price bar pattern (up bars) finally to close at 11214. The current week price bar made a new low (10882) breakin
NSE:NIFTY
by VanijyamShala
4
Bank Nifty Monthly Technical and Seasonality Outlook - AugustPrice Action Analysis: BankNifty recorded an all-time high at 32614 in the month of December 2019. From the all-time high price declined in a three leg down move to and recorded a new low at 16116. From the low of 16116 price retraced in three leg up move with a swing high at 21967, swing low at 17105, a higher swing high 23212 and to finally close at 21640. Each bar has a story behind it. A price action practitioner should understand the true essence when interpreting a price bar, then only h
NSE:BANKNIFTY
by VanijyamShala
4
Nifty Monthly Technical and Seasonality Outlook - AugustPrice Action Analysis: Nifty recorded an all-time high at 12431 in the month of January 2020. From the all-time high price declined and recorded a new low at 7511. From the low of 7511 price retraced in three leg up move with a swing high at 9889, swing low at 8806 and to finally close at 11073. The question in the mind of most traders is that, will this up move continue further or will we see a change in price direction? In order to understand the true nature of price let’s analyze the foot p
NSE:NIFTY
by VanijyamShala
3
COALINDIA approaching lifetime lowsAs explained on chart. Would suggest a staggered investing method for portfolio addition and Swing trades. Long Entry price 180-185 SL Lifetime Low 177 Target Open! Swing traders can exit at Targets 200-210 I personally feel that the budget on Saturday is going to give a nice boost to energy stocks and such infrastructure/power driven stocks. Starting Addition as soon as bounce from falling support trendline crosses the 1/1 fractal on Fibb Fan.
NSE:COALINDIALong
by EagleVision8