Use this strategy strictly in weekly time frame and take your position only when you get confirmation of sell signal. You can short 1500-1540 strike price calls also time is on our side as well.
Thank you MALKAN SIR for this strategy
Previous Resistance May Act As Support.
Unable To Sustain Below 200 EMA For 3 Session & Crossed 200 EMA.
Risk Reward Favourable.
Other Details Mentioned In Chart.
Positional View For Educational Purpose Only.
Please Consult Your Financial Advisor Before Taking Any Decision.
I am not SEBI Registered Financial Advisor.
I had given LONG signal at price 1805 (denoted by Blue Arrow) here. It's over 60% up since the signal.
There's high moon volume incoming in FET as seen since 5th candle after my signal.
The OBV and RSI are again getting higher lows. Plus there's rising sentiments over Twitter.
Advice: Don't sell BINANCE:FETBTC below 2200. Next target is 3500 which can be...
I had been drawing this chart since FET touched the low but couldn't publish.
There's bullish divergence on RSI and OBV as seen in my chart. The technicals really look bullish to me.
Talking about the fundamentals, FET is a very good project - most of the code is written in C++ and that shows the expertise of the team. It's currently above 300 in MCAP and I...
Looking at Maruti Suzuki India Ltd chart for 8-9 month time horizon we have found it bullish from lower level. Its taking strong support of 200 SMA & EMA. Buying can be initiate in the rang of 6700-6720
1) RSI showing buying single
2) Trading above 200 SMA & EMA
3) Trading with good volume