Building Up for Bull Run.
Wait for BO above 770-780 Zone
Target - 950 - 1080 - 1260
Stoploss : 630
Price moving in upper band of PithFork projection.
RSI showing strength
Golden Cross Over in Weekly Time Frame
Good Buying Volume
The golden cross occurs when a short-term moving average crosses over a major long-term moving average to the upside and is interpreted by analysts and traders as signaling a definitive upward turn in a market. ... Basically, the short-term average trends up faster than the long-term average, until they cross.
COTI has appreciated by more than 250% from its July low levels of $0.089. It gave a breakout after a week of consolidation between the range of $0.20-$0.24 and is currently sustaining above $0.30 from the last 3-4 days. This bullish rally can be attributed to the fact that COTI has been working on multiple products on the Cardano ecosystem and as the date of...
Bitcoin continued its bullish saga for 4th straight week as it has now rebounded more than 41% from its July lows. BTC formed a strong bullish candle and appreciated by more than 7% in the past week alone. Weekly MACD is also depicting a bullish scenario as it is entering into positive territory. At the time of writing, BTC is trading around $47K.
BTC continues its joyride for the third straight week, it has appreciated by ~50% in the last 3 weeks. With this week’s bullish candle, BTC has completed 3 White Soldiers candlestick patterns, this is a bullish pattern and is used to predict market reversal. Currently, it is sustaining above its 0.618 Fibonacci retracement level, which is present at $43,045....
A multi-year breakout is about to happen in UBL on a weekly basis. Golden crossover has already happened in the Daily chart and is bound to happen in the Weekly chart which will create a new All-time High for this stock. With higher vol in the previous weeks, this stock will be able to deliver good returns in short to medium terms.
NEWS: SpiceJet NSE -1.41 %, has reported a net loss of Rs 998.3 crore for 2020-21 fiscal, has announced to raise Rs 2,500 crore to fund its working capital requirements. BUT
the chart looks superb. Volume Increase, 20 DAY cross over and a BO near the consolidation.
Looks like a winning trade as Analysts are hopeful of a turnaround as travel resumes across the...
buy level- 2075- 2020
target- 2280- 2360- 2550
time- mid to long
golden crossover entry.
best entry for portfolio stock
Also, read five key takeaways from the Reliance AGM:
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2. New green energy business
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4. 5G launch
5. Reliance Retail
Cup and handle pattern have been formed and after being retest their is huge probability of golden crossover as 200 period weighted moving average is being passed by 50 period weighted moving average.
if any doubt or issue comment here.
for edu purpose only
1. After 2 years of Downtrend, Stock is finally gaining bullish momentum.
2. Has broken 424 level of Resistance.
3. Volume is good.
4. Golden crossover of 50-200 EMA in coming weeks.
Wait for Retest, take entry while keeping 20 or 31 EMA as Stop loss.
This is for Educational purpose only.