Midterm forecast: 46.50 is a major support, while this level is not broken, the Midterm wave will be uptrend. Technical analysis: While the RSI uptrend #1 is not broken, bullish wave in price would continue. A trough is formed in daily chart at 42.70 on 11/13/2020, so more gains to resistance(s) 54.40, 58.65, 62.30 and more heights is expected. Price is above...
USOIL Parallel channel reversal at 15 mins TF (Short) Entry @ 3473 Stop Loss @ 3488 Target 1 @ 3458 Target 2 @ 3443
Coal india can buy Buy : @142/- Short target 149/- Then 184/- then 213/- #CoalIndia #coal NSE:COALINDIA
USOIL parallel channel formation at 30 mins TF
Crudeoil has started an Elliott wave and made the 4th wave, and now it's making a fifth wave. As per the rules of the Elliott wave, the fifth wave will be completed at 61.8% ( 3648 ) or 50% ( 3600 ) of Fibonacci retracement 1+3 . The 2nd wave is 61.8% of the 1st wave, the 3rd wave is (more than) 261.8% of the 2nd wave, and The 4th wave is 38.2% of the 3rd...
Midterm forecast: While the price is below the resistance 3.000, beginning of downtrend is expected. We make sure when the support at 2.250 breaks. If the resistance at 3.000 is broken, the short-term forecast -beginning of downtrend- will be invalid. Technical analysis: While the RSI resistance #1 at 52 is not broken, the probability of price increase would...
GOOD TO BUY AT IS LEVEL... CMP 138.25 TGT 144.05 149.40 COMPANY IS ALMOST DEBT FREE .... COMPANY HAS GOOD RETURN ON EQUITY (ROE) TRACK RECORD: 3 YEAR ROE 54.95% COMPANY HAS BEEN MAINTAINING A HEALTHY DIVIDENT PAYOUT OF 78.66%...
Natural Gas levels ...14/12/2020 (1hr candle)
CRUDE FORMED DOUBLE BOTTOM AS SHOWN IN CHART, AND RETESTING IT.. LOOKS BULLISH ABOVE 3500 RESISTANCE. EDUCATIONAL PURPOSE ONLY !
Crude levels ...14/12/2020 (1hr candle)
USOIL parallel pattern at 15 mins time frame
USOIL Ascending parallel channel formation at 4 hour TF
USOIL Descending triangle pattern formation at 15 mins TF
Market story - USOIL formed rising wedge pattern at 4 hour TF and expecting to reach S3 zone in following days
USOIL Descending parallel channel at 1 hour TF
USOil Symmetrical triangle pattern breakout 15 mins TF