AUDUSD prints the first daily gain in three while bouncing off the lowest level since mid-November after the Reserve Bank of Australia (RBA) kept the benchmark rates unchanged. The corrective bounce also justified the RSI (14) line’s rebound from the oversold territory. However, the bearish MACD signals and the previous week’s confirmation of the...
ABB looks bearish on many parameters, including MACD and price.
Key levels to watch out- 4730, 4600, 4400
4600 PE CMP = 101.85
I believe the momentum can be quick hence option buying for this trade looks suitable for me.
This is not financial advice to go short in the above-mentioned stock. This is just a view of the stock that was on my watchlist.
-closed above strong resistance
-strong support from 50 EMA from lower levels
-rise in volume + RSI shows strength in momentum
-ADX rising MACD crossover done
-multiple confirmation keep on radar it can give good profit
PAYTM chart analysis
the weekly chart shows bearish because the rising wedge pattern breakdown and the MACD oscillator and volume show a double bearish divergence.
the weekly support of 738.70 will broken
the next support will be 438.35
This stock in 30 and 15 min timeframe create a double Top Pattern.
Strong resistance at : 1918.55
Support at:1878
2nd January if price will be open above 1900 wait for break 1890 and make a short position based on your analysis. Max volume at 1918-1920
If price will be open below 1900 then make your entry on short side or wait for create an any bearish...
WTF is in very strong UT, Formed a base BO.
DTF we can see a minor VCP, which was about 3 months,
Price is squeezing before BO
Volume dry up average seen, BO volume spike
MACD bounce is seen
RS Line was making 52wh
EMA rule in place.
Emotions; im aware the overall market is strecedh
can expect pullback.
looking to enter with 1 qty with a smaller SL than...
Stage 1 BO with Volume
Stock consolidate near RT, Formed VCP Bo with volume
EMA rule in place 7.59% from 50EMA
RS Line making 5WH
MACD Crossover
Mindset Calm, following my rules
NOTE: Market fell hard during closing
Hello Traders, i have brought another analysis on a pattern breakout which called (Rectangle Pattern). Well i have marked and written most of the things on chart, but still i am gonna to teach you here guy's about this pattern so if you see this next time, at least you guy's will be able to trade. So Let's start:-
Q:- What is Rectangle Pattern and How to Use...
As per chart on daily and weekly basis, the stock has crossed recently 578 hurdel and trading at 586, fresh leg of move just started, MACD point of view the stock can move 800 level in coming days, 20% circuit can also be expected, so one can look for the trade with strict stoploss 560.
EURUSD dropped to the lowest level in two months after Federal Reserve (Fed) Chairman Jerome Powell firmly pushed back the March rate cut. The same allowed the Euro pair to keep the previous day’s downside break of a 1.0810 support confluence comprising the 200-bar Exponential Moving Average (EMA) and a four-month-old rising trend line. Additionally keeping the...
- Previous high of the stock was made in 2008 which has been crossed in 2023, monthly chart shows good picture of the stock, this chart is to hold stock at least 2 to 3 years time frame, this stock can give good returns in coming weeks, so All PSUs and PSBs are also breaking thier previous highs, some of are good choices to hold for next 3 years, the stocks are...
Stock is in strong uptrend and has crossed multiyear breakout of 2010 after multiple try. During the past one and half year strong volumes are coming. All RSI are above 60 (Daily, Weekly and Monthly). MACD is bullish. Resistance have been marked on the chart. Range calculation method shows some big big targets in coming years.
A Bullish Breakout of On Neck pattern and a Rounding Bottom is visible on the Daily chart of NSE:TATACOFFEE
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip as per the levels mentioned on the chart.
Risk Disclaimer:
The information provided in this analysis...
Coforge is making cup and handle pattern on DTF..We can expect the price to move towards 6600-7000. Other parameters:
1. Buying volumes are higher than selling
2. RSI is above 60
3. MACD will improve
On a confirmation (please see my earlier charts on what confirmation means in this pattern), we can expect the price to move up.
"Clean Charts, Easy...
-trend breakout with high volume and closed in strong zone
-rsi rising shows strength in momentum
-adx rising macd crossover done
-keep in radar it can move more 35% from here
Gold price rose in the last four consecutive days while defending the early-week breakout of the 21-SMA and the 50-SMA. In doing so, the XAUUSD also jumped to the highest level in a month. However, the bullion failed to provide a daily closing beyond a downward-sloping resistance line, around $2,055-56 by the press time. It’s worth noting, though, that successful...
-psu banks giving breakout one by one
-bank of baroda looking very good monthly breakout with high volume
-rsi in strong zone macd crossover done
-highly profitable company with strong fundamentals & technicals
-keep in radar it can give good profit
-after trend breakout retest done now ready to break all time time high
-rise in volume and rsi gives strength in upside momentum
-adx and macd showing strength in stock
-trading above all major ema & sma
-keep in radar expecting good profit from this
