Trend line breaks by spending time on resistance.The trend line is breaks after spending time at critical levels, which is a follow through as a sign of bullish.
My point of views are
1. Make Strong green candle in 1D Time Frame.
2. Bullish candles are being made continuously over a 1 hr Time Frame, which is an indication of buyers are activate.
My Target
1. Short term target- if it breaks 1509.35 on up coming days in 1 hr Time Frame, Then our target is 1553.55
2. Long term target- 1611.25.
Buysignal
INDUSIND BANK- BULLISHGOOD BUYING SEEN IN INDUSIND BANK TODAY. RSI BULLISH. THE TREND LINE SHOWN IS THE RESISTANCE LINE IN THE WEEKLY TIME FRAME. IF IT OPENS SOMEWHERE NEAR 1020 THE MOMENTUM CAN CONTINUE YOU CAN LOOK FOR BUYING OPPORTUNITIES. THE FIRST TARGET WILL BE 1085. ONCE IT CROSSES 1100 LEVELS WITH MOMENTUM 1195 LEVELS CAN BE ACHIEVED EASILY. REWARD TO RISK RATIO ALSO FAVOURABLE. MAINTAIN A STOP LOSS OF 985.
GRANULES- AT A GOOD POSITION TO ACCULMULATEGAVE A BREAKDOWN OF THE TRENDLINE IN THE DAILY TF. BUT NOW TAKING SUPPORT AT AN IMPORTANT ONE. ALSO TAKING SUPPORT AT THE 200D EMA. LOOK FOR BUYING OPPORTUNITIES IF IT SUSTAINS ABOVE 332 LEVELS. THE NEXT BIG MOVEMENT CAN BE SEEN AT ABOVE 365 LEVELS. STOP LOSS-299
BTC in Next 5 Weeks, Buy below 40000Currently Bitcoin down based on the News and also some panic sellers sold their BTC, at the same time Weekly chart is one of the important factor. BTC/USDT will reach 50,000 USD and above in next 5 Weeks as per our prediction based on Weekly Chart analysis . So you can buy and hold for long time investment.
BUY SOBHA Strong buying position being made in Sobha above 455 level with a stoploss below 442 and a first target of 475.
The demand zone looks to come into play at this level and it is expected to see the buyers take control of the trend signalled by RSI diversion.
If anyone wants to enter for Intraday position the target should be 463.
Tata Metaliks on Profit Side If tomorrow's market(i,e: 18/05/2021) opens above the support line then Buy. It previously created a rising wedge but failed to complete the pattern and now it has created a price channel it may work.
Targets are as shown in the image.