An Optimistic Gaze at AVAX: Targetting 9.82 then 10.82 🚀🌕In the ever-dynamic realm of cryptocurrency, AVAX, the native token of the Avalanche platform, invites our attention with its compelling market structure and potential growth trajectory. Priced at $9.87, an evaluation of its current technical and fundamental aspects illuminates promising avenues for strategic investments. 📈 Let’s delve into an insightful exploration of why a bullish stance on AVAX may be opportune at this juncture.
Technical Analysis 🔍
Current Market Situation: At the present price of $9.87, AVAX seems to be hovering near a critical support zone, establishing a bedrock from which we might anticipate a bullish momentum. 🐂
Price Targets: The following price targets are construed based on the prevailing market structure and technical indicators:
First Target: $9.52 🎯
Second Target: $9.80 🎯
Third Target: $9.98 🎯
Fourth Target: $10.83 🚀 (Conditional upon forming two consecutive green candles above $9.98)
Stop-Loss (SL): Astute risk management necessitates a stop-loss and for this setup, a recommended SL is placed at $9.24. ❌
Underpinning Factors Influencing the Bullish Perspective 🚀🌐
Platform Utility: The Avalanche platform has been making strides in the DeFi space, providing a fast, secure, and energy-efficient blockchain network, thereby increasing the intrinsic value of the AVAX token. 🌊🔗
Adoption and Partnerships: Continuous development and partnerships with other platforms and organizations enhance the prospect of a positive price trajectory in the medium to long term. 🤝🌍
Market Sentiments: While addressing macroeconomic variables and the wider market sentiment, it's crucial to note that positive movement in predominant cryptocurrencies often spurs upward momentum across the altcoin spectrum, including AVAX. 📊💹
Risk Management and Strategy ⚖️🧠
An indomitable part of every trading strategy is risk management. Adhering to the following principles could fortify your investment:
Ensuring that the SL is respected to manage losses effectively. 💔
Employing a risk-reward ratio that justifies the inherent risks of crypto trading. 🔄
Vigilant monitoring of the price movement and adjusting targets and SL accordingly. 🚨
Key Levels to Watch 🧐
Support: The price range around $9.87 - $9.24 🛑
Resistance: Establishing and maintaining momentum above $9.98 is paramount for aiming toward the next target of $10.83. ⛔
Conclusion 🏁
Embarking on this journey with AVAX, we tether our expectations not just on its present valuation but also the underlying fundamentals and technical postulations. While the aforementioned targets provide a guided pathway, it is pivotal to remain adaptable to the incessant ebbs and flows of the cryptocurrency market. 🎢🛤️
Remember: Vigilant observation, adaption to evolving market conditions, and an unwavering adherence to sound risk management principles are quintessential to navigating through the scintillating yet volatile crypto trading seas. 🗝️🌊
Disclaimer: This article is not financial advice but a hypothesis based on technical and fundamental analyses. Cryptocurrency trading involves substantial risk of loss and is not suitable for every investor. Always conduct your thorough research and/or consult with a professional before making investment decisions. 🚦⚠️
Search in ideas for "INDICATORS"
BIG shadow Setup For LongDescription:
📈 Trade Setup: XAU/GOLD (Gold) is showing promising signs with a powerful Bullish Engulfing candlestick pattern on the TradingView charts. This pattern signals a potential trend reversal and an opportunity for bullish traders to seize the moment.
🕯️ Bullish Engulfing Candle:
The latest candle has a larger body that engulfs the previous bearish candle, indicating a shift in sentiment from bearish to bullish.
Strong buying interest is evident, as the market has enthusiastically absorbed the preceding selling pressure.
📊 Technical Indicators:
RSI (Relative Strength Index) is showing signs of a bounce from oversold levels.
MACD (Moving Average Convergence Divergence) is displaying a bullish crossover, suggesting increasing upward momentum.
🔍 Key Levels:
Entry: Consider entering a long position above the high of the Bullish Engulfing candle.
Stop Loss: Place a stop loss just below the low of the engulfing candle for risk management.
Take Profit: Set a target based on key resistance levels or use a risk-reward ratio that aligns with your trading strategy.
📉 Risk Warning:
Trading involves risk, and it's crucial to manage your risk effectively. Use proper risk management strategies and only trade with capital you can afford to lose.
🚀 Potential Catalysts:
Positive economic data affecting the USD.
Geopolitical tensions leading to increased demand for safe-haven assets like gold.
👁️ Keep an Eye:
Stay tuned for any market developments, news releases, or global events that may impact the precious metals market.
📆 Time Frame:
This trade idea is based on , so adjust your strategy according to your preferred trading horizon.
Remember, trade wisely, and may the markets be ever in your favor! 🌟
(Note: This is a fictional trade idea for illustrative purposes. Make sure to conduct thorough research and analysis before making any trading decisions.)
Union Bank of India: Watch before you leap.📊 Technical Analysis Report: BSE:UNIONBANK
📅 Date: September 11, 2023
🕣 Time: 08:28 AM
📌 Introduction
The following report provides a 📈 technical analysis for Union Bank of India as of September 11, 2023. The stock 🛑 closed at 88.10 on the last 🗓 trading day (Friday).
📊 Key Metrics:
🔒 Last Close Price: 88.10
50 -Day Moving Average: 📉 Under selling pressure
🔄 Asset Turnover Ratio: 📉 Low
📊 Return on Equity (ROE): 1️⃣3️⃣-1️⃣4️⃣%
💵 Price-Earnings (P/E) Ratio: 5️⃣-6️⃣
📈 Technical Indicators:
📊 MACD (12,26,9): 🕒 Yet to show crossover, expected in a day or two
📈 Stochastics RSI:
K: 3️⃣1️⃣.1️⃣2️⃣
D: 2️⃣9️⃣.4️⃣7️⃣
📉 Percent R: -6️⃣3️⃣.4️⃣8️⃣
📈 Fisher 9:
Trigger: 0️⃣.6️⃣6️⃣
Fisher: 0️⃣.2️⃣5️⃣
🎯 Entry, Target and Stop-Loss Levels
🔥 For Aggressive Traders
🎯 Entry Price: 9️⃣0️⃣.8️⃣5️⃣ (0.5 Fibonacci Levels)
🏁 Target Price 1: 9️⃣2️⃣.4️⃣0️⃣
🏁 Target Price 2: 9️⃣4️⃣.3️⃣0️⃣
🛑 Stop Loss: 8️⃣8️⃣.1️⃣0️⃣
🐢 For Conservative Traders
🎯 Entry Price: 9️⃣2️⃣.2️⃣5️⃣ (0.618 Fibonacci Levels)
📝 Conclusion:
While 📘 fundamental aspects like ROE and asset turnover are not too promising, the low P/E ratio indicates a potential 💰 cheap entry point .
🔥 Aggressive traders can consider an entry at 90.85 targeting 92.40 and 94.30, with a stop loss at 88.10. 🐢 Conservative traders can enter at 92.25.
⚠️ Disclaimer
📝 This report is for informational purposes only and should not be considered as 💰 financial advice. Investors are advised to perform their own due diligence 🕵️♀️ before making any investment decisions.
🏷️ Hashtags
#️⃣UnionBankofIndia #️⃣TechnicalAnalysis #️⃣StockMarket #️⃣Trading #️⃣Finance
Unleashing a Breakout Surge, Your Opportunity
Shakti Pumps Ltd.: Unleashing a Breakout Surge - Your Opportunity Awaits!
Trade Details
- Name of The Stock: Shakti Pumps Ltd.
- Stock Category: Small Cap
- Trade Type: Positional Trade or Momentum Investment
- Duration: More than 60 days
- Entry Level: Between 625 to 660
- Stop Loss: Initial 575 (Trail accordingly)
- Target-1: Set at 900 - Brace for Impact!
Chart Details
Attention Traders: Shakti Pumps Roars to Life - Seize the Moment!
Witness the Accumulating Zone - Prime Time to Join the Action!
Accumulation Phase Initiated Post Breakout of 450 Level
Empowering Indicators: Relative Strength (RS) and RSI Indicate Robust Strength
Energized Surge: Stocks Surging with High Volume Activities Ahead of Q1 Earnings
Hold On Tight: Target 2 to be Unveiled Upon Conquering Target 1!
APTECHT Chart: Breakout and DivergenceThe weekly chart of APTECHT reveals some interesting technical patterns and indicators:
Breakout of Weekly Demand Zone: The chart indicates that the stock has broken out of a significant weekly demand zone. This breakout suggests a potential shift in the prevailing downtrend, indicating a possibility of a bullish trend reversal.
Steep Falling Trendline: It's important to note that there's a steep falling trendline on the chart. This indicates a strong and prolonged downtrend. The breakout from this steep trendline is a notable event as it signifies a potential change in the momentum.
RSI Divergence: The Relative Strength Index (RSI) shows a clear divergence. This means that while the price has been making lower lows, the RSI has been making higher lows. This kind of divergence often serves as an early signal for a potential trend reversal.
Trade Strategy:
Based on the analysis provided, a potential trade setup could be as follows:
Entry: Consider entering a long position at the current market price (CMP) of ₹319. The breakout from the weekly demand zone and the divergence on the RSI both suggest a potential bullish movement.
Stop Loss (SL): To manage risk, it's wise to set a stop loss at ₹298. This level should provide some buffer against price fluctuations and unexpected adverse movements.
Target: Aim for a target price of ₹355. This target aligns with the potential upside suggested by the breakout and divergence patterns.
Conclusion:
The combination of the breakout from the weekly demand zone, the divergence on the RSI, and the breakout from the steep falling trendline could be indicative of a potential trend reversal and bullish movement for APTECHT. However, it's crucial to remember that all trading involves risk, and no analysis can guarantee specific outcomes. Traders should always practice responsible risk management and consider seeking advice from financial professionals before making trading decisions.
Natural Gas Price Analysis: Waiting for Confirmation Above 240Based on the analysis of the natural gas inventory data and other indicators:
Inventory Data: The actual inventory is less than the forecasted, indicating that the supply is less, and the demand for natural gas is high.
Price Action : The price action appears to be bullish.
Price Level : However, to confirm the bullish trend, natural gas needs to cross above 240.
RSI : The Relative Strength Index (RSI) is below 50, indicating that it is not in the overbought zone and suggesting a potential for further upward movement.
EMA Crossing : The Exponential Moving Average (EMA) crossing (9,21) is showing a sell signal, which might be a potential bearish sign.
Considering all these factors, it would be better to wait until the price of natural gas crosses above 240.5 and sustains above that level to confirm the bullish trend and potentially consider a long position. Traders should monitor the market closely for a clear confirmation before making any trading decisions.
Polycab Stock Analysis: Breakout OpportunityPolycab India (POLYCAB)
Analysis: Polycab has given a very good breakout of the price today, and there is a very good opportunity for a long position.
Key levels: The support level is at 3,600, and the resistance level is at 3,800.
Technical indicators: The MACD is crossing above the signal line, and the RSI is in the overbought territory.
Risk: The risk is that the price could pull back to the support level at 3,600.
Conclusion: I am bullish on Polycab and believe that the price could reach 3,800 in the near term.
Here are some additional thoughts on Polycab:
The company has a strong financial position and is growing its revenue and profits.
The company is well-positioned to benefit from the growing demand for electrical cables and wires in India.
The stock is trading at a reasonable valuation.
Overall, I believe that Polycab is a good investment for investors who are looking for exposure to the electrical cables and wires industry in India.
BTCUSD in correction phase for long term uptrend.Elliott Wave Analysis : BTCUSD Swing Daily Uptrend, Intraday Downtrend
Trendline analysis on BTCUSD.
Trend Identification: Swing Downtrend BTCUSD .
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Daily Bullish pullback with market structure.
Targets: T1 = 27500, T2 - 26500. Check for Entry and Stop-loss.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Elliott Wave Corrective wave C.
Conclusion: Based on the chart wave analysis of , BTCUSD is Downtrend has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
USDJPY Downtrend AnalysisTrade Analysis : Swing USDJPY Downtrend
Trendline analysis on USDJPY
Trend Identification: Swing Downtrend USDJPY.
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Daily Bullish pullback with market structure.
Targets: T1 = 143.375, T2 - 143.00. Check for Entry and Stop-loss.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows.
Conclusion: Based on the chart analysis of , USDJPY is Downtrend has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
EURUSD Swing Downtrend AnalysisTrade Analysis : Swing EURUSD Downtrend
Channel analysis on EURUSD
Trend Identification: Swing Downtrend EURUSD .
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Daily Bearish pullback with market structure.
Targets: T1 = 1.6000, T2 - 1.0550.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows.
Conclusion: Based on the chart analysis of , EURUSD is Downtrend has been identified. EURUSD is heading towards the 3-Month Low. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
USDJPY UPTREND SWING ANALYSISTrade Analysis : Swing USDJPY UPTREND
Trend analysis on USDJPY
Trend Identification: Swing Uptrend USDJPY.
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Daily Bullish pullback with market structure.
Targets: T1 = 141.00, T2 - 142.500.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows.
Conclusion: Based on the chart analysis of , USDJPY is Downtrend has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
USDJPY Swing Downtrend AnalysisTrade Analysis : Swing USDJPY Downtrend
Channel analysis on USDJPY
Trend Identification: Swing Downtrend USDJPY.
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Daily Bullish pullback with market structure.
Targets: T1 = 139.00, T2 - 137.50.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows.
Conclusion: Based on the chart analysis of , USDJPY is Downtrend has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
Trade Analysis : USDJPY Retracement Trade Analysis : USDJPY UPTREND Retracement
Channel analysis on USDJPY
Trend Identification: Intraday Uptrend Pullback in USDJPY.
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Bullish pullback with market structure.
Targets: T1 = 136.500, T2 - 140.00.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows.
Conclusion: Based on the chart analysis of , USDJPY is Bullish retracement has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Avoid counter-trend trading. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
Trade Analysis : Intraday USDJPY BUYTrade Analysis : Intraday USDJPY BUY
Channel analysis on USDJPY
Trend Identification: Intraday Uptrend in USDJPY.
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Bullish with market structure.
Targets: T1 = 135.500, T2 - 137.750.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows.
Conclusion: Based on the chart analysis of , a potential trading opportunity has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)
PCBL Mid Term Investment for a 60% UP moveThe stock price has formed a Cup & Handle pattern in WTF,
A BO of 137 levels with volume, one can enter to looking for a 60% up side
Technical Indicators:-
RSI Bullish
MACD Crossover
Price above 50 & 200 EMA
Fundamentally Good Stock:-
Stock is treading below its intrici value
ROCE & ROC at 18%
Promoter holding 51%
FII holding 10%
DII holding 6%
Quarterly profit increasing
Annually profits increasing
Healthy dividend pay out of 3%
Debt at 0.30
ZYDUSLIFE: PC confirming Support for bottoming outPC A = PC B
The width of both the channels is SAME
#WondersOfPC
Today opening above the midline of PC-B is showing the strength for up move
and confirming the role of PC-B as Supporting Channel
If today script gets strong closure, above midline of 390,
we can expect strong breakout for PC-B,
upcoming target will be 470
For swing traders, in case okay with the current volatility in the market,
can take position at CMP of 395-400
SL will be 378
If your are looking this script as LT portfolio pick, it is good time to add up.
Other strong indicators:
Volume-Strong green candles
RSI-Came over 60 level
RS-Become positive
PARAS: Near Breakout of Parallel ChannelAnalysis of Parallel channel:
-In the chart, the Parallel Channel PC-A and PC-B are of exact width
recently the daily candles of PARAS tested the levels of lower of the channel PC-B
-And strongly reversed back as closed above the mid line of PC-B at 715
-Now an opening above this level strongly expects near target of touch the upper lines of PC-B, i.e. 790
-And a breakout for this level will bring the next target of 875+
Other Indicators:
-RSI is 60+
-RS (Relative Strength) is crossed above the 0
-volume: At the recent low to the lower line of PC-B, volumes in buying are high
NAZARA: Retested Mid PC support leading to BreakoutAnother wonderful thing about the Parallel Channel
The candles of NAZARA have created exact same Parallel Channels in triple!
The Parallel channels in the chart namely PC-A, PC-B & PC-C are exactly of the same width and slope!
#WondersOfPC
Analysis of PC:
-Currently, the candle has taken support at Midline of PC-C at 650 levels
-Opening above the level of 659 will strongly support move till the upper line of PC-C in near days, i.e. level of 755
-And if we get a strong breakout (expecting one) at the upper line of PC-C, we can expect the next target to be 950
Other supporting indicators:
RSI: +ve divergence between P1 & P2 and is near at level of 60
RS: bullish as above 0
Volume: High buying volumes from P2 levels, and accumulated from there
Allcargo Logistics: TA (Near Breakout) & FAAnother good example of candles respecting Parallel Channel (PC)
◉Technical Analysis:-
Analysis with The Slope of Parallel Channel (SPC):
SPC B = SPC A1 and so SPC A2
SPC of D = SPC of E
And now we are at the breakout level of the Big PC B
Here we can see the PC A2 is formed near this breakout
Such same PC A1 was formed before the breakout at 294 on 2-Nov-21
Today, we got a strong body candle after the breakout candle of 320 on 26-Aug-22
Other indicators:
Volume: Since couple of sessions there's good buying volume above volume average
RSI: RSI is strong with positive divergence
RS: RS is also breaking above 0
Overall, all technical elements are strong towards bullish view once we get opening above 338 level.
◉Fundamental Analysis:-
Q1FY23 results were superb
Rev: 5674Cr Vs 3449Cr Q4
PBT: 358Cr Vs 336Cr Q4
PAT: 280Cr Vs 105Cr Q4
EPS: 10.8 Vs 4.8 Q1, 10 Q4
Demerger will bring strategic business units
One of the main reasons my view is bullish is because;
Make In India-Atmanirbhar-China+1
Cargos are major chunk of the India's export
Allcargo is into Contract logistics with Indian and International clients in chemicals, pharma, auto, e-com etc.
Offers 3PL - Logistics, Warehousing and other value added services
Major strategic areas of business:
International Supply Chain (MTO)
Express & Ecommerce Logistics
Container Freight Stations & ICDs (Will be covered under ATL after demerger)
Rental & Other annuity Businesses (Will be covered under TRLPL after demerger)
Hence, view is bullish considering both TA & FA points. And will be a good pick for LT portfolio.
Hindustan Unilever20/4 educational purpose only
Hindustan unilever
cmp 2116.95
sl above 2167 (pivot/15m on 19/4)
sell on rise at around 2150 (vwap/15m at 2157.35 on 19/4)
s1 2149.75 / s2 2120.30 / s3 2103.05 / s4 2085.80
Technical Indicators: Sell
Sentiments(Average): Buy 31 % Sell 69 %
Maximum Call @2400 (Resistance)
Maximum Put @2000 (Support)
PCR is -0.21 which is bearish
always wait for the right levels to enter trades
NIFTY FOR UPCOMING WEEK 28 FEB to 04 MAR 22 Hello everyone this chart technically measured and filtered by team INFINITYIV.
You can trust our accuracy. 228+ accurate chart.
POSITIVE:-
1. No involvement of any other country in war.
2. Falling cases of omicron.
3. World market closed positive.
4. Approx all indices turned positive.
5. Ppl seem to opportunity of buy on deep.
NEGATIVE:-
1. War still on.
2. Crypto turn negative.
3. Chances to rise inflation.
4. Crude oil.
5. Results of polling in 5 states.
PATTERN N INDICATORS:-
No nothing seen. Only sentiment based run.
HOW TO TRADE WITH CHART:-
Simple follow previous charts.
NOTE:-
1. We r not getting appropriate likes on charts.
2. If chart not helping u we r discontinue the same.
3. High volatility in market is near term so plz avoid trade till cool-down period.
4. SEBI REGISTRATION IS IN PROGRESS. chart accuracy can be trusted.
5. Trading involves risk trade as per your own risk. We r only provide our opinion.
GREETINGS:-
TEAM INFINITYIV WISHES U A VERY HAPPY MAHASHIVRATRI…..
Long Term Investment Prospects - Balaji Amines (Tech+Funda)Balaji Amines is backed by a strong management team which aspires to be the largest manufacturer of every chemical they produce. With the aim, currently it is undergoing continuous capex and that is why see lower profit margins. However, with an increasing capacity, profits are still growing almost every quarter (though with lower margin!).
Notably, this time Balaji Amines beaten the margins of a profit margin master competitor Alkyl Amines as well. Balamines is facing adversity by industry sell off and not a company level performance problem. With a disciplined execution of management agenda, company seems to have passed over raw material price hikes well in time and that is why it continued enjoying stably high opm of 28% (compared to 18% of Alkyl).
Technical indicators:
1. When drawn almost a life-time Fibonacci, it seems to be hovering between 50-61.8% levels and consolidating positively
2. When drawn Fibonacci from life time high to the low of down trend, it seems to have returned twice from 38.2% and now, taking support again at around 3100 level
3. After falling to the bottom of the downtrend, stock is consolidating in bigger range, but with positive RSI divergence every time. That is an indicator of healthy accumulation in the counter
4. If it again respects the support level at around 3100-3000, then it will become a stronger psychological support zone and hence investing at these levels is most favorable risk reward level for investing
Resistances:
3230, 3390, 3450. 3740
SL: 2800
Disc.: This is not a buy recommendation. This is just for study purpose and I am not a SEBI registered advisor. I may be holding in all or any of the studies presented by me.
NIFTY FOR UPCOMING WEEK 14 FEB TO 18 FEB 21.Hello everyone this chart technically measured and filtered by team INFINITYIV.
LEVELS FOR WEEK:-
All levels mentioned on chart.
POSITIVE:-
1. PCR
2. No change in repo rate by RBI.
3. Falling cases of omicron.
NEGATIVE:-
1. All indices negative.
2. World market.
3. Russia Ukraine situation.
4. Fed hike rates.
5. US 10 year bond yields.
6. India vix.
PATTERN & INDICATORS:-
1. Falling budge.
2. Asymmetric triangle pattern.
3. WEAK MACD ON WEEK CHART.
HOW TO TRADE WITH CHART:-
Simple refer previous chart analysis.