Free Stock, Commodity, Forex Trading Tips & Education Articles

Where is the Bottom of the SBIN? – (daily & weekly)

0 16307
  • correction wave -106 (100%)
  • impulsive wave -177(in constipating)

–> LH and LL are confirmed after the impulsive waves. After completing the impulsive wave, the correction wave will start for first target 211 – 230 and 244-258 shortly. Impulsive wave more than 70% extended than correction wave which is great for next correction wave.

 

 

parallel channel

  • an excess
  • gravitation line will attract the price shortly

A project of for a reversal but till not confirmed.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

What’s Next for NCDEX Jeera & Cotton Price Trend Forecast

2 15402

commodity jeera tips chart

Price Range: 5152
Breakout Range: 15600 – 10448
A short reversal started from the 13110 levels.

Short-term Trend Analysis:

MCX Cotton is a sellable script until it remains below 17000 for the target of 15800 – 15000.
Isn’t it enough to know the next move? To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

‘COVID-19’ No More in China BUT Exists in Other Countries

0 11776

The first case had confirmed in China Wuhan city. But the current state will give you a shock.

Last updated: April 08, 2020, 12:17 GMT
Coronavirus Cases: 81,802
Deaths: 3,333
Recovered: 77,279

Active cases & closed cases China

Coronavirus: New Cases vs. New Recoveries

New Cases vs Recoveries China

The above state shows the situation is under control in China, and Wuhan city reopened. More

China Ends Wuhan Lockdown, but Normal Life Is a Distant Dream
Published April 7, 2020 | Updated April 8, 2020, 1:01 a.m. ET
By Raymond Zhong and Vivian Wang
– nytimes.com

How they recovered?

  • China reveals residents are following the Government’s lockdown advice: brutal but effective
  • China had deployed remote-controlled mini-tanks for disinfectant-spraying on an entire city.

    “We began using them for disinfection and disease prevention,” said Hou Yongfei, deputy secretary-general of the Shanxi Province Unmanned Vehicle Association, the outlet reported, citing AsiaWire.

  • China implements a new Orwellian mass surveillance tool and a ‘close contact’ app.
  • Social distancing, physical distancing, and by following all safety precautions of WHO.

Wuhan recovery gives hope to rest of world, says WHO

Coronavirus disease situation data (up to 8 April)

This report provides the latest global number and numbers by country of COVID-19 cases. Continue reading

NSE Nifty Research For You

0 12478

This channel still not confirmed completely. 8836 is resistance to push price 180-300 points -ve.

We created a parallel channel by looking at market (a), (b)…(e). If you look at this chart and drawing minutely, then you will found that where are maximum points(dots). That is called gravitation to attract the price value. In the future, while the pullback price tries to test this line in the coming days.

The price very near the yellow gravitating line ()yellow which is 8912 nearby.

  • three market ranges (1,2,3) which range defines
  • the 50 percent division at 6926.8.

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

Nifty, SGX NIFTY, GOLD…

0 15610

As per the channel, two resistance can push the price toward 8515 and 8340 follow by Resistance 8592-8632 Almost all major resistances and supports are plotted on the chart.  If price close above 8620 above, then I will update fresh chart.

8323 targets then, price will not break or close 8622. In case of break & close above 8612, then channel will not continue.

Daily chart for SGX Nifty:

  • During the falling wave, ⁣ 3 times reduction in price has been seen.
  • While using the retracement, 32.2% retraced is at 9249.
  • Price rotation range is between 8838 and, 8188.

Almost many things are till remaining on the chart, although I have plotted the following:

  • Flag pattern
  • Major and minor channel
  • Initiative move
  • Responsive move
  • major and minor support level
  • Waves

Channel support 1559 nearby for GOLD .

To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

Continue reading

NSE Nifty & HINDUNILVR, Trade Setup

0 13493

In the last updatation for the nifty, I have written with the channel that “I am not bullish below 8130”. Same day nifty was crossed this level and fired up to 9038. This morning I have created NIFTY and HINDUNILVR.

The mainly four Fib. Retracement are applied in different years.

  • Confluence zone at 9647.
  • 38.2 retracement level is at 9395
  • previous resistance and 61.8% retracement level at 9067.

The question is how to understand and use these levels?

Answer; There is always pullback whether there is a stock or market. If there is normal good new, then pullback easy can be 38.2% retracement. Though the confluence zone is the memory of investors, here is 9647 attract to investors. Above all given levels are actionable for traders and investors. I would like to add GAP theory on with retracement in another chart.

Control price attraction is the easy target 2083 nearby for short-sellers.

Best short-selling points

  • First @2221
  • Second @2255

Thanks all who are supporting my post. To become a subscriber, subscribe to our free newsletter services. Our service is free for all.

CLOSE VIEW:

Continue reading