Price has hit the cloud from bottom. Stock might fall up to 1750 levels
closed below 200 MA on daily testing weekly chart trend line(blue) managing to keep above the trend line so far found support at 78.6% important fib levels long (positional): above 625 if further selling comes as the may test 560-570 levels (pink line:monthly support) which may be a better buy on dips weekly: ICHIMOKU BUY SIGNAL daily: short below 600 to fib...
SENSEX looks primed for a bounce at green demand orderblock. Analysis - Price about to enter demand zone which has already been tested twice and bounced. Ichimoku edge to edge target is about to be fulfilled. Bullish divergence on weekly with several momentum oscillators, will post RSI divergence down in the updates. Oscillators are about to be...
while the stock has been in a downtrend for a couple of weeks tested monthly support levels for last 3 days and managed to stay above it Catalyst : Epc project for a dam worth 601 crore use ichimoku to trade in 15 min timeframe long above 633 levels
monthly bullish stock showed strength in the friday session Buy above 680 target1 683 target2 686 (monthly support) final target 697 short below 674 target fib levels 38.2% and 23.6% Ichimoku trade setup chikou in free area tenkan kijun forming support future kumo cloud positive
Indicators are in positive mode. Price is on above Ichimoku cloude,conversion and base line. Weekly MACD crossover may happen on coming weeks. Pattern breakout done. These parameters will help to reach the target range. Target range: 660-670; (entered wrongly in chart) Vijayaraghavan.K, Kovilpatti.
Concor is showing strength after testing the support, It has also given the Ichimoku Cloud crossover on Daily chart Buy above 662 for 671 (Intra) and 684 and if sustains 680 level then would aim for 700 and more SL = 644 RR is good with second target though RSI is also showing strength and if Nifty trades positively then it would support the upmove
RIPPLE AND ICHIMOKU CLOUD CONFUCUENCE TRADE I.E CROSS OVER TO THE UPSIDE AFTER A STRONG DOWNTREND IS ALMOST 100% SURE TO GIVE YOU HUGE MOVES SCROLL THE CHART TO SEE ,NOW WE ARE IN A STRONG DOWTREND FOR A WHILE AND THE CLOUD IS RED TOO FOR A SIGN TO BUY THE XRP WE HAVE TO CLOSE ABOVE THE CLOUD IN A CANDLESTICK CHART SO WE CAN GO IN THE TRAD E NOW LETS PLAY THE PAITENCE GAME
As can be seen the price has been trading above the Cloud on a weekly TF which means the stock has entered a long term bull market. With all other indicators (A/D line, Other Ichimoku indictors, Moving averages) pointing to be on the long side. The stock can be bought on dips at the Tenkan and Kijun levels in small quantities. Happy trading / investing Regards...
Creating another short position here after 6k target reached. 5500 target. Very strong 4h bottom BB band breakout through the tightened squeeze. Breakdown on the 1D chart looks imminent with 5500 lower BB. Confirmation of the breakdown trend shown through low RSI, MFI, and volume levels. 1W outlook: lower BB hits 5100. Also compare also with ichimoku cloud. More...
WELL USDCAD WILL COME TO THE LEVEL OF 1.31279, WHERE IT WILL FACE RESISTANCE AS PER ICHIMOKU THEORY, WE SHOULD WAIT FOR THE REVERSAL THERE AND THEN ENTER
JSW completed the H & S pattern and also ichimoku cloud breakout . Good long opportunity once the 330 level broken .
It is wait and short. Jindal steel looks weak. I recommend to see level break @196. So short levels are 196.194. Target will be 178-175. Stop Loss 201. For aggressive traders.... you can short at current levels of 200-203 with stop loss of 207. The daily ichimoku resistance on the slower line is 205 which i believe will not break.
The 1-hour chart of GBP/USD is currently in the process of forming an Elliot wave. It has formed the 4th wave and is resuming the rally of the 5th wave. The ichimoku indicator also indicates the resumption of buy trend. Hence we expect the pair to be bullish for short term.
Long-legged doji with downtrend - broken Ichimoku Cloud on weekly charts... expected to have sharp fall
EXIDEIND has traded with more then twice the average quantity on NSE with change in OI close to 18% This is currently trading above ichimoku with price crossing upper Bullinger band. Signifies a BUY at 271.8 with Stop-loss of 265.7 and Target of 281.45
SBIN daily charts shows the Ichimoku cloud top providing support. Long position in futures @ 260