ICICI Prudential Life Insurance Company Ltd. stock is going through a bullish channel move.
RSI 50+ & MACD bullish.
368 (mid bol) & 350 are important supports
staying above these levels stock can move towards upper bol 416, 430 (upper edge of the channel).
Biocon Ltd. stock is in a bullish trend. After a sharp rally it is consolidating in an ascending triangle.
RSI & MACD bullish.
Staying above mid bol 350, the stock may anytime resume up-move and once it breaks above upper bol 371 it can create a new high.
Long @ 270 with target at 279 and stoploss at 265
Bulish engulfing pattern on may 6 should continue as volumes are above average after okayish earnings results given the corono situation
MACD also looking like its gonna converge and enter buy zone
What do you guys think?
trying to re-enter rising channel.. tomoro if it closed above 960/- then high chances of crossing 1000/- mark next week
MACD and RSI positive indicators
Once the price breaks the triangular pattern and goes above the resistance level of 193, there are chances for the price to move till 203
At 193, we can get a confirmation from MACD too to go long.
When the price reaches 193, the target can be 203 with SL 188
IndusInd Bank Ltd. in extremely narrow range.
Now inside a symmetrical triangle & has decent support near mid-bol 419. Staying above it may revisit upper end of the range near 475-480.
Sustaining below 419-15,it may move to lower bol 345 or lower.
RSI & MACD bearish.
Torrent Pharmaceuticals Ltd. pulled back after sharp upmove,
It is approaching critical support level of 2240-2280.
The stock is below midbol 2378,if it takes support around 2240-80 zone and moves above 2378,it may resume upmove towards upper bol 2587.
RSI & MACD bullish
United Breweries Ltd. has important support in 848-865 levels,
RSI & MACD are weak & last three days it has fallen with high volume
breaking & sustaining below 845-40 it may move towards 19 March low of 750
Tata Power Company Ltd. has broken and closed below 30. The breakdown was with high volume.
RSI & MACD - bearish.
Staying below 30 it may go towards 27, 25, 22 which are important Fibonacci extension levels
Bajaj Auto Ltd. has important support near mid bol 2391.
MACD & RSI looks bullish, staying above it, stock can move towards upper bol 2625 & 61.8% pullback of the fall around 2732.
Motherson Sumi Systems Ltd. stock has pulled back to mid bol.
RSI 50+ & MACD bullish.
Recently it has shown lower volume in decline & higher volume in price appreciation (bullish sign).
Mid bol 73 is an important support. Staying above may move towards upper bol 92
Bitcoin (BTCUSD) woke up bullish Wednesday and prices are starting to move up, this opens us up for a few questions like...
But, what happens next with Bitcoin?
We continue expecting a drop or we will now go bullish?
Where is my stop-loss?
1) We are still looking at a lower high based on the candles wick but we have a higher high based on candle close......
Adani Ports and Special Economic Zone Ltd. broke down blow channel & mid-Bollinger today, RSI below 50, MACD neutral with a bullish bias.
Staying below mid bol 265 stock may dip to 238-41 zone (61.8% fib pullback) & Lower Bol band.
The same chart we draw recently is still valid and fully playing out... Ankr Network will jump.
Here we have the chart for ANKRBTC with massive bullishness taking form.
First we have a break of all minor EMAs (EMA10/50/100).
MA200 is being challenged as well.
Trading volume is going up (high volume).
The MACD is showing a bullish cross.
The RSI is...
Bitcoin (BTCUSD) continues to print lower highs with indicators (RSI and MACD) going bearish.
Now that prices are once more going below EMA10 after a lower high, we are likely to test the next support... Meaning, EMA50 will break, and EMA100 at $8110 will be tested.
If prices bounce, the orange trendline needs to be conquered first before additional up.
This...
