Bitcoin look bullish but need to hold 33k level to go further upTechnical analysis:
Welcome to this quick update, everyone. During my last few updates I've stated that BTC can easily hit the 36k level since everyone was waiting for 24k level it never happened "YET"!
BTC is currently trading around the 34k level.
the green channel must hold for BTC to remain bullish .
There are two scenarios I see possible here :
1. BTC can either hold this level and continue by breaking the 35k level or
2. BTC can either take a dip around 33k level and continue to the upside.
this can only get invalidated if BTC closes below the 31k level in daily.
The Weekend is near so we can expect some low-volume P&Ds on weekends.
So be careful and take trades carefully.
Bitcoin is bullish but will get invalidated if it fails to hold the 31k level.
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Bullishreversal
BHEL👉Can U see those same reversal pattern?
👉Same reversal pattern has formed at the support zone.
👉Can have a buying opportunity,market indicating bullish reversal.
👉BHEL has good reports.
👀Keep an eye 👀
Overview ✔️
Volume✔️
Financials ✔️
Technicals ✔️
Fundamentals ✔️
👆Follow for more alerts👆
😊Happy Trading 😊
Note:Patience is a key to success.
Disclaimer: This is my personal analysis for educational purpose. I am not sebi registered. Do your analysis before taking a position. I am not responsible of any profit or loss.
TTL👉TTL is looking good for the swing trading.
👉Clearly crossed the channel and retested can buy for effective gains.
👉RSI is also indicating price strength and rebounce before 40.
👉Good opportunity for short term.
👀Keep an eye 👀
Overview ✔️
technicals✔️
financials ✔️
Volume ✔️
Fundamentals ✔️
👆Follow for more alerts👆
😊Happy Trading 😊
Note:Patience is a key to success.
Disclaimer: This is my personal analysis for educational purpose. I am not sebi registered. Do your analysis before taking a position. I am not responsible of any profit or loss.
Sometimes you have to leave the crease to hit a six - PCJ BUYBUY PC JEWELLER ABOVE 85
TARGET 97, 110, 136
SL 71.5
A disciplined trader should avoid such scripts on regular basis but kabhi kabhi spinner ke sath bhi crease se bahar ana padta hai. :)
Some points:
1. OBV and PRICE Bullish divergence
2. Healthy candles
3. An upmove followed by a retracement
4. Has started to move up again (Latest candle)
5. Oversold
Buy Trident Ltd. - Long Term DeliveryBuy Trident Ltd. at current market price with stop loss placed below 47 and target of rs. 80 to 90 within a time frame of 1 year.
Charts of trident are looking positive and broken above the downtrend channel which is bullish reversal sign with price volume action. Recently one white shoulder pattern creation has confirmed the bullish reversal.
If anyone interested in more such fundamental and technical calls please visit our website wp.me
Buy Lupin - Long Term Investment CallLupin has created the bottom in my opinion and now it is looking good for a bull run which will lead its price back to its all time highs. As everyone knows it has strong fundamentals with minimal debt available in its balance sheet.
On the technical charts it has created two strong Bullish Reversal Patterns which are Abandoned baby and 3 White Soldiers .
The call to buy lupin is only for investment purpose without any stop loss placed. One must accumulate the stock on every downfall or correction in the market.
If anyone interested in more such fundamental and technical calls please visit our website wp.me
Buy Morepen Laboratories - Long Term Positional CallI recommend to Buy Morepen Labs as a positional call for medium term. Charts of morepen labs shows that the stock is oversold in the market with unjustified pessimism. It's prime time to get into the morepen labs with targets of rs. 42.00 which can be seen within 12 months from now. It has created a Inverted Hammer Pattern which is a strong bullish reversal sign.
While the fundamentals of the company are very strong as company has shown growth in bottom line.
Strict stop loss must be placed at 18.00
If anyone interested in more such fundamental and technical calls please visit our website wp.me
GODREJ INDUSTRIES - BUYPresently, moving above 100 EMA and chart pattern showing an upward trend which may give a move of 20-30 pts.
If it breaks the upper resistance line above 660 level it can give a good move.
MACD is above zero line with bullish crossover.
Keep watch on it for future price movement.
BUY : Bullish Three Drive Reversal PatternStock has formed the pattern nicely one can observe the exactly same bar distance for 2nd and 3rd leg. This symmetry is very important for this harmonic pattern. One can buy the stock now expecting the pattern to work.
Entry 27500
Sl 26500
Target 29170/31000
Disclaimer : All stock recommendations and comments are my personnel view please take financial consultancy for trading decision.