Market Overview: Nifty 50 Futures Nifty 50 triangle fakeout on the weekly chart. Last week’s market formed inside bar on the weekly chart which is a triangle pattern on smaller time frame charts. The market is trading near the bottom of the bull channel. Nifty 50 on the daily chart formed a cup & handle […]
Nifty 50 Futures Big Head and Shoulders
Market Overview: Nifty 50 Futures Nifty 50 on the weekly chart forming a big head and shoulder pattern and currently market going sideways and forming a triangle (right shoulder). Aggressive traders would go long before a triangle breakout as this is also a head and shoulder. The market on the daily chart is forming a […]
Nifty 50 Futures Triangle
Market Overview: Nifty 50 Futures Nifty 50 futures triangle on the weekly chart is a breakout mode pattern. Traders would prefer to wait for the breakout before taking any position. The overall weekly chart is in a big trading range so traders should not prefer to hold trades for too long with big targets. Nifty […]
Nifty 50 Futures Inside Bar
Market Overview: Nifty 50 Futures Nifty 50 futures inside bar on the weekly chart after a bear breakout below a higher high double top neckline. Bears would be exiting now and bulls would be buying, so traders would be expecting one leg up. Nifty 50 on the daily chart is forming a breakout triangle (a […]
Nasdaq 100 bull breakout attempt
Market Overview: NASDAQ 100 Emini Futures NASDAQ 100 bull breakout attempt above the tight trading range (TTR) that has been going on for the last 4 weeks. The week closed with a bull body, but a big tail at the top and bottom. We have been saying for a couple of weeks now that prices […]
