BITCOIN: Double top possible + NAVARRO 200 : Watch out!!
BITCOIN: Double top possible: Watch out for 48,000 + NAVARRO 2000 bullish = 2 opposing patterns.
The Wolf of Zurich detected a possible double top on bitcoin
As expected, the 56,400 was reached perfectly thanks to my analysis.
The next levels are:
On the decline :
56,425 (again)
48,000
40,770
On the rise:
NAVAROO 200 bullish detected, and the price could reach $72,000 then $80,000
In addition, Be careful because there is a bullish divergence with the ROC!!
To watch the EMA 50 and 200, and the ICHIMOKU and Fibonacci levels
Navarro200
DILIP BUILDCON - 210% RETURNS!!!BUY - DILIP BUILDCON LTD
CMP - Rs. 168
Target - 1: Rs. 305
Target - 2: Rs. 389
Target - 3: Rs. 526
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Technicals - 1) Bullish Harmonic Pattern - Navarro 200.
2) Targets set using Fibonacci Retracements.
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Fundamentals - 1) The stock emerged to be the lowest bidder for a highway project worth INR 7.8 Billion. This may be
justified by the fall in quarterly profits or the lack of funds required for taking on the project.
2) However, their annual profits have been consistently rising, and the new Budget for FY 2023-24 supports
infrastructure companies, indicating a rise in profits.
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JK PAPER - 40% RETURNSBUY - JK PAPER
CMP - Rs. 384
Target - 1: Rs. 407
Target - 2: Rs. 464
Target - 3: Rs. 532
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Technicals - 1) Stock is at Support in a range-bound market(short term)
2) Harmonic Pattern - Navarro 200
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Comment: 1) Historical performance indicates price will consolidate before reaching Target - 3
2) This means that Target - 1 and 2 will be achieved in short term, while Target - 3 will be achieved in long term.
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