In weekly Time Frame RSI broken out In IDFCFIRSTB , Price taking support at fib 0.5 Level and we can see breakout of trendline Soon. Can go till 100,110 in coming weeks.
In my opinion, I am looking to sell , which is a strong Liquidity Zone and market also in Correction phase. It is not advisable to enter without confirmation from a lower TF.
With host of data ahead, this one can stumble and fumble all the way. The lines and the reasons marked are sufficient to absorb. Added line is it Death Cross what we are looking, The fib should hold in that case. Direct break below 1.2640 warns more damage
Dxy hits 105.80 and retraces, EURO cross still weak against AUD, CHF GBP. if the labelling is correct we are in abc corrective moves. The high of 1.0760 candle high ideally ended and we are in for wave B, held by the 1.0720-1.0760 range, hourly close either one gives some room to move either side. Huge supply around the 1.0780 makes entry above 1.0760 for...
The last to fall in Dollar rise, the first to rise in the dollar corrective move down. 0.6630 looks a decent bottom to see or the 0.6615 which was shorter frame supply zone a couple of sessions back. Rising Support line, closer Supply line are hurdles to initiate. Dice in favour of 0.6690-0.6710 while above 0.6615-40
GBP/AUD 4-Hour Analysis: Bearish Outlook Following Consolidation Break Chart Overview: This GBP/AUD 4-hour chart analysis highlights a bearish outlook following the break of a significant consolidation zone and a series of higher highs (HH) and higher lows (HL). ***Key Points*** 1. Consolidation Zone: The chart shows a prolonged period of consolidation, marked...
Contra to markets, Rise witnessed on the day of huge fall, today fall, this rises. Add dose of contra to the portfolio Clearly larger degree wave 5 in motion.
Litecoin has a market cap of $5.3 Billion and is currently ranked 19th in the CMC. The volume of the asset price has observed a growth of over 108% in the past 24 hours. LTC is currently trading near the value of $72 with a slight drop in the past 24 hours. LTC is currently trading forming weak bearish candles on the daily chart. It is trading below the 50 and 100...
I've taken a Long on Bank Nifty with Target of 50,600. Clear buying sentiment is visible. However, it would be interesting to see how it reacts off the selling level caused on 04th June when the Lok Sabha election counting took place. I would not touch Nifty for now as Nifty seems to be in a trap zone.
Note : It is coinciding with channel bottom When the indicators also coincide with the channel bottom, it is time for a long term reversal. You need these indicators. Hope you watch our videos where we explain in details
One Good News Finally, Daily candle Closed Yesterday in Our Yellow Area. And Now Price is Moving Positive Till Now On 4H. Here we Have The Support And Resistance. We Have To Turn The Trend At Least on 4H time Frame. And Then Insha Allah we Will Open Some Altcoins Trades. But Dont Hurry to Open Too Early Trades on Altcoins. Becuase Better Losing Some Profit then...
Clean Science has been on the down trend for quite some time and later went to the accumulation phase. Showed a break down when it crossed the blue line on the chart. Attempts were made to cross it on the up and clearly it's the 3rd attempt to cross it. If it crosses the levels of 1428 decisively then it can show good levels in the coming weeks to months. Based...
Avenue Supermart is showing a potential breakout on symmetrical triangle pattern. its sales also increasing QOQ and PBT as well. ( www.screener.in ) All data is available in public domain.. CMP : 4300 TG : 5600 SL : Below 21 day EMA Stock's selection based on 5 Point Analysis: 1: Idea : Breakout. 2: Support : Volume, Delivery & VWAP. 3: Technical :...
manipulation in downside.return back with volume ready for upmove
paras defence stock forming Inverse Head & Shoulder in weekly. In Daily, It is forming Inverted H&S. It looks bullish for me. Chart Analysis & Targets are given. Need to plan accordingly
INDUSIND: At 1535 has started to show signs of 10/20DEMA Crossover above 200DEMA in daily chart. Prefer to go long for a positional target of 1570+(for educational purpose only)
CUB (LTP -159) This is highly UNDERVALUED share at present and is ready for a BIG UPMOVE (20-25% straight rise soon) Will be participating within risk appetite with SL of 5-6% Patience will pay off
GBPUSD stays defensive after recovering from a one-month low in the last two days. That said, the Cable pair’s latest inaction could be linked to the trader’s cautious mood ahead of the UK’s top-tier data/events, namely Wednesday’s Consumer Price Index (CPI) and Thursday’s Bank of England (BoE) Monetary Policy Announcements. However, the quote’s sustained trading...