Nifty Index known as NSE or Nifty50 has or is experiencing a big breakout out if its much-expected consolidation phase. This is a big breakout is big because the market has become resilient to the Federal Reserve's decision to begin taper from November. If the Nifty50 index continues to hold above 17,620 it can well top 18K! Long positions should be made, do not...
It seems that the asset has travelled a lot in bearish trend and it is the time for the bulls to return, and as seen today i.e.; on Monday the bulls are returning.
No more selling; it's time for the correction in the market.
SIEMENS IS READY FOR A BULL MOVE
Trade idea- Double Bottom chart pattern.
Price is above 50SMA, hence is trending
BEARS tried to push the price down twice and failed. a beautiful support is take from 1924.65 and
BULLS were aggresive enough to push the price back up
Dividend Yield 0.34 %
ROE 8.29 %
Piotroski score 5.00
Bitcoin recently gave a breakout at 55 EMA on daily time frame, hinting an upcoming bullish run.
This has been a rare signal since BTC rarely crosses EMA on daily chart. (Last it crossed EMA upward in 2020 and ran to 64k)
After touching the 42k mark, a correction was observed back to 38k and might proceed to 36.5k.
The flag and pole pattern suggests an upcoming...
Ascending triangle with lot many confirmations of the upcoming move. All the conditions have confluence one another for a perfect breakout. Good Risk to Reward. And a perfect setup like a sniper shot. The Bulls are ready so are we.
I had posted a analysis by saying that it can give you very good momentum in upper side and yes my analysis got right once again and target 1 hit in just 2days. I hope everyone have made good profit, if you are still holding this stock please hold it, it can give you target 2 in few days.
We are not SEBI registered analyst or advisor, please consult your...
Stock has broken out of a rising wedge in an upward direction which indicates bullishness in the stock.
There is evidence of insiders coming onto stock to push the price higher and this gives strength to the bull case.
There is no immediate resistance for the stock and stock will likely continue the uptrend for near future.
This looks a good candidate for...
In my previous SPX analysis, I was hoping to see it comes all the way back to 2641, but the 21 ema is doing a good job as a support here. If S&P goes up and close above the blue line region, then it will probably stop only at 3136, a sign of real strength here.
I was working with a scenario where the decisive point would be the orange line, but the 21 ema already...
see how trend chages from one to another. from bear channel it changes to trading range where bulls and bears were similar in power. after bull breakout bulls regains control and pushed prices higher in bull channel.
As you can see from today's price action, it is clear that BNF is in need of trigger to sustain above 30400, not sustaining above it is not a good sign for bulls and we might end up reversing to 29900 and 29500 levels if we can not close above this.
It is not advised to carry any positions today EOD, its better to book longs if any and be on shorter tf for...