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Nikkei - Yen Carry Trade - Real or Cheap Politics ???2nd Week of August felt like we are in midst of Peak Autumn Season - Wherever we turn - Every Tree is turned Fully Red. The Entire World market was brought down to its Knees, given the "EXCUSE" of Japan's Yen Carry Trade assets.bwbx.io Yen carry trade is estimated to be around $20 trillion, according to Deutsche Bank, which is 505% of Japan’s GDP. Other estimates, based on foreign lending data, suggest it is about $1 trillion, while Japanese investors’ net international investment has grown to $3.4 trillion. All these stories are fine - but it was presented to the world by the Cheap Media houses. Multiple news were mixed up (Yen Carry Trade + US Recession + Iran War Escalation). It was being reported that the entire world economy will dive into Recession, Indian Economy would face a Major Correction with some "Brilliant Minds" predicted that Nifty would crash to 11,000 in next 2 years ? Really ??? Even common-sense says these are Non-Sense Here is a Detailed R&D with Step-by-Step explanations unveiling the Evil intentions of Big Players, Media Houses who wanted to take quick advantage of the News to bring the prices down in a Flash Comparison of Nikkei's Weekly Chart vs Daily Chart 1. Nikkei had a clean Cup and Handle Breakout around 33,820 levels in Jan 2024 following which the price blasted nearly 22% in 2 months 2. The Price then faced Multi-year Parallel Channel Resistance on Mar 18th week and started falling and bounced again taking support of Fib 0.5 only - Typically when Fib levels are NOT combined along with previous Support and Resistance - they are susceptible to be broken down again if there is a News based fall 3. By Jul 8, Nikkei tested the price levels of Mar 18 and fell - initiating a Double Top pattern with neckline set at 36,670 and the price was falling Non-stop from July 8 already.... 4. Now comes the News from BOJ on Wednesday Jul 31 that the rates are increased by 0.25%. As I always say, ANY NEWS has the Power to Break one or more Supports (or) Resistances. In this case, the Negative publicity by Big Media caused a -5% fall on Aug 1st (Thu) resulting in Breakdown of Double Top Neckline Key Point to remember is that the Fall was Pre-destined in Mar 18 and then on July 8 technically. The Negative News "JUST" Added "Fuel-to-the-Fire" setting ablaze the entire world market in a flash If there was NO News - still the Breakdown could have happened and if it happened, then the price would slowly come down to the Cup and Handle Breakout zone of 33,820. But the Overhype given my Media + US Recession (another Fictitious Horror Story) + Iran War escalation fears caused the price to Breakdown the 33,820 support level As per Double Top pattern, the price would reach the same place from where it Started the "M" pattern and voila - it came exactly to the same level of 30,404 on Aug 5th reaching a Intra-day low of -12.65%. Despite breaking 3 Support levels on Monday, the price took the next Support and bounced back "Same Day" above 2 of the Supports Remember - Neither BOJ Governor nor Japanese PM/FM did anything to Stop / Reverse the price action on Monday. The calming news from BOJ Deputy Governor that there will be NO further rate hikes came out on Wednesday. But by that time, the price regained above all 3 supports which was broken (reaching above the Cup and Handle BO ZONE) For those who don't believe Technicals didn't save the game - tell me your Story. What caused the reversal from 30,400 zone ? Entire world is driven by Technicals and NEWS can ONLY cause a temporary direction change By Monday - Japanese economy had already touched -30% down in 30 days since Jul 8. Its impossible for a country's economy to crash so fast and still fall below. it would be a Catastrophe and even the Big Players who wanted quick gains know this, but they just wanted to Play a "Cheap Game" capitalizing on the Panic sentiments of Innocent Retailers Understand the True working of Market - Stay Confident - Build your Wealth. Disclaimer: 3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading... We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side" *** Important *** Consult your Financial Advisors before taking any positions If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends

New impulse in NIFTY FINANCE should drive it well above 22K mark The FINNIFTY index looks all geared up to start a 11-13% rally in the coming weeks to move towards 22700 levels. The expected wave shall be the wave iii of III. After having rallied in wave i of III in oct 2023, the index has witnessed a 61.8% retracement in months of jan-feb 2024. Now since the triple three correction(WXYXZ) has been complete structurally, the index is once again back to its bullish phase and hence the expectation of the next bull leg. 19800 remains a crucial support for the index while 22700 remains the expected target level.

CNXFINANCE, FINNIFTY Analysis For Feb 21st!Hello Traders, Here is a Brief Overview About The Analysis of FINNIFTY For Feb 21st, There Are Total of 2 Support Zones Which You Need To Look For And Same 2 Resistance Zones And To Be Mentioned One Grey Area And We Have 4 Imbalance Zones! Important Level To Be Mentioned : 20800, If it Crosses It's Trending Otherwise, Downside OR Consolidate a Bit. The Horizontal Lines From Volume To Volume And OI To OI Indicates The Market Range in Between For That Particular Day! The Blue Arrow Path Showing The Direction of The FINNIFTY For That Day. Note : Those Levels Are For That Particular Day Only. Please Note That The Only Purpose of The Information On This Page is Purely Educational. We Are Not Registered with SEBI; Therefore, Before Making Any Financial Decisions OR Investing, Please Consult with A SEBI-Qualified Financial Advisor. We Don't Have Any Responsibility For Your Profits OR Losses. I Would Welcome Your Participation And Support in the Form of Likes, Comments, And Follow us to Offer Some Encouragement. Thank You.

Bank Nifty to move into the 50K zone in new impulse up!Bank nifty has recently gone through a steep cut, shedding 4000 points in a matter of one month. Looking at the the bigger picture however, tells us it could be a great time to enter into your favorite banking names(or even the index itself!) The 4000 point decline was a wave ii retracement of the impulse that the index witnessed between Oct-Dec 2023. The corrective wave can be labelled as a zig-zag(ABC) and has retraced 61.8% of the impulsive rise. Now what should unfold will be the wave iii of III. This particular leg can be projected moving towards the 50K mark soon. On the downside 44540 can be considered as an important support for the index.

BSE POWER INDEX to hit new highs on new emerging wave The power index is all set to move towards the INR 7000 mark in the new wave v of (iii) of III. The index has been in a strong uptrend since Feb 2023 and the trend only got stronger in OCT 2023. The new wave is expected to touch 6968 levels soon. 6164 remains a crucial support for the index going forward.

TRADE SETUP_15% upside in Nifty Metal The Nifty Metal index is all set to climb up towards 7200 in wave V of 3. At the current levels it provides an excellent entry with really impressive RR. 6400 is the support 6270 SL

BANKNIFTY Double Bottom Breakout The idea here is about Bank Nifty: My view is Neutral for the below observed technical factors. Points as per TA observed on a Weekly daily & Hourly Chart: 1. Cup & Handle formation completed awaiting breakout as per below: 2. Doji candle formation on weekly chart as per below: 3. Bearish Bat harmonic pattern completed on a daily & Hourly chart as per below: 4. Double bottom pattern completed on 1H chart & 07th Nov market opened with breaking the neckline, price was pushed below the neckline in 1st Session, However, price recovered & the day closed above neckline as per below : 5. Divergence observed on 1H chart for RSI, Commodity Channel Index & Momentum as per below: 6. Trading way above 20& 200 EMA on a weekly, daily & 20 EMA support established on hourly chart at the time of publishing. 7. Ichimoku Cloud analysis: Kumo Breakout & Kumo Twist on a weekly, daily & hourly is very strong upward momentum at the time of publishing. 8. RSI is at 66.86 on a weekly Chart, 64.76 on daily & 65.77 on hourly chart at the time of publishing. 9. MACD almost way above signal line on weekly, daily & hourly chart at the time of publishing. Projected Targets: Double Bottom & Bearish Bat harmonic pattern provided in chart. Stop Loss: provided in chart. Entry point: If price sustains above the double bottom neckline in the next trading session then long entry can be confirmed. If price breaks below the double bottom support short entry can be confirmed. Disclaimer: “The above is an Educational idea only and not any kind of financial or investment advice. So Please do your own DD (Due Diligence) before any kind of investment”. Do you like my TA & ideas!! Want to keep yourself updated with current market action? Then don’t forget boost & subscribe for more analysis. The more boost & comments further more motivation for publishing. Let the Trading community & family know about your opinion with comments. Cheers.

BANK NIFTY PRE MARKET ANALYSIS SEEING TOWARDS THE GLOBAL INDICES WE ARE GOING TO OPEN FLAT AND IF BANKNIFTY IS UNABLE TO CROSS THE SUPPORT WHICH IS NOW ACTING AS A RESISTANCE AND THIS MAY FALL TILL TARGETS (T1/T2/T3) TODAY'S RELIANCE AMG WILL AFFECT THE MARKET SO BE CAREFUL IT MAY FALL MORE OR IT MAY UP MORE SO TRADE CAUTIOUSLY IF IT CROSSES THE RESISTANCE THEN WAIT FOR PERFECT PRICE ACTION DON'T JUMP DIRECTLY INTO TRADES. BEST STRIKE PRICE TO BUY FOR OPTIONS ARE-34500 PE,34600 PE. MONTHLY EXPIRY FOR JUNE :-) HOPE IT GIVES GREAT TRADES