Hindustan Unilever is currently in a range. The trend of this range is bullish. It may soon break this range and can proceed to higher levels. On MACD , it is almost a bullish crossover so chances are very high that it will break its all time high.
Stock is in a range since March and hasn't been able to breakout of the zone. A weekly open above the wedge will help push it higher and hopefully come out of the long consolidation phase.
MACD is weakening but RSI is also dipping.
Targets 600, 640 in medium term.
Bitcoin just hit a new high today at $24722 on BitStamp and other major exchanges.
Its price remain trading above EMA10 and all other EMAs.
We have a stable ascending channel in which BTC is trading and all bearish signals that we saw back on Dec. 20-21 have been deleted.
Both the MACD and RSI went through a reset and prices continue to aim and climb higher.
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- ICICI LOMBARD GEN forming triangle pattern in one hour candle. Though it had break down due to steep NIFTY fall on 21-Dec, it is back to range. Keep an eye on it for possible breakdown.
- MACD cross down on signal line done on 11-Dec, on daily chart.
- Lower high is formed on daily candle chart.
- 5 days EMA is about to cross down 13 days EMA.
AFTER BIG RALLY FROM MID NOVEMBER, RESPECTING ITS LONG TERM TRENDINE AND FOLLOWED BY OVER BOUGHT ZONE OF RSI, MACD BEARISH CROSSOVER, ALSO WITH ALL TIME HIGH IN A BEARISH MARKET, WILL LOOK FOR SHORTING OPPORTUNITY (AGAIN) BELOW TODAYS LOW.
Almost aweek BlZ is trending sideways now its out of accumulation phase. MACD and RSI are seems little bit opposite. let see it break after retest or not
UNI formed sym triangle and now its breakout, it has nice volume which is good sign.
MACD and Ichimoku indicator are seen positive, but can it break the strong resistance at the level of 4.22 it still doubt.
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Have a nice trading
on hourly chart vedant shows divergence .
1.RSI in negative territory.
2. MACD going downward
3. symmetrical triangle pattern.
although market is bullish but hence not try to short.
BEL has been on an uptrend from Support of 90, and recently it touched the level of 120.
120 has been a long term resistance, Only once in its lifetime the stock has successfully been able to break this level.
1. The momentum of the uptrend has fazed out after the level of 115
2. A doji candle is formed at the resistance level of 120
3. Bearish Divergence can be...
The technical chart of Ethereum highlights the gradual positive momentum created by the bulls from the past month, which has resulted in attaining new levels for the yeat towards the end. The price levels have broken above the upper level of BB, which is around $652.09, providing extreme bullish signals. The relative strength index has also reached the peak of the...
