Apollo Hospitals Futures
LTP - 3272.80
Resistance - 3308.95
Support - 3046.80
Daily charts (long term)
100 DEMA, 50 DEMA, 20 DEMA, 10 DEMA, 5 DEMA are arranged in a bullish pattern.
Volume is in green with good momentum.
MACD is bullish.
RSI is bullish.
Hour charts (medium to long term)
Clear uptrend is seen.
DEMA are aligned in a bullish pattern but 5 DEMA is...
Nifty 50
15m Chart (Intraday Views)
Uptrend seems to be prominent.
RSI is in the overbought range which means we may correct a little to gain balance before continuing with the uptrend
MACD is giving mixed signals to we will ignore it.
Buy on Dips
1h Charts (Short to Medium Term Views)
Immediate support is at 14750 levels
Immediate resistance is at 15000...
Daily Chart (Medium to Long Term)
The trend remains positive but it's just a notch away from breaking the trendline. 14745 is a crutial support if Nifty 50 decides to correct itself.
The candle has closed below 20 VWMA and it needs to fight its way back up and above these levels.
RSI here has taken support at the 50 levels and has tried to make a reversal. Let's...
Hello my fellow cryptocurrency trader, how are you feeling today?
I've been saying lately that Bitcoin has been tough on TA.
What's this means is that some of the signals that are usually very accurate tend to be ignored.
A peak/top is something that sometimes isn't 100% clear right away.
We can see Bitcoin reaching a peak and falling strong the next day......
Marico has formed a beautiful trend line in the daily timeframe. While the chart was forming a higher high the MACD indicator was forming a lower high indicating a divergence between the price movement and the MACD indicator. Currently the price is testing the trend line yet again and the MACD line has crossed the signal line from above indicating a selling...
I am looking now at the daily timeframe for BTCUSD.
We looked multiple times at the 1H timeframe, then 4H and now we are going to have another look at the daily (D).
Here we have prices dropping below EMA10 and EMA50.
Yesterday's candles closed below these levels and now we have a drop starting to shape.
We can see a bearish cross of EMA10 and EMA50 taking...
Escorts has been the outperformer stock of this pandemic in my views. It has crossed it's previous highs already and has no aim of correcting looking at the way it is rallying. But technical indicators says something else.
1. RSI- If we have a look at the RSI, it does not give us any positive signs. There is a negative divergence that has started since 30th jan. I...
Considering 3 patterns Rising Wedge, Bollinger Band and MACD it looks the NIFTY and the whole Indian Market might collapse.
Rising Wedge - The chart clearly shows a rising wedge a break from that too. So knowing rising wedge, it looks like the market might fall in the coming days.
MACD - The signal and the MACD line seem too stuck to each and considering the...
Key Observations-
1. Rising Wedge Breakdown – A rising wedge Is formed when price consolidates between upward sloping support and resistance lines. If it forms during a downtrend, it could signal a continuation of down move. This same pattern is noticed in nifty and breakdown happened on 4th of May 8, 2020. After breakdown nifty managed to remain below trendline...
Monthly Basis
• BankNifty Trading below Last Month low 30996
• It has Last Month High 32613 and This Month High 32465 almost similar
• Monthly candle is totally Bearish Open 32237 High 32465 Low 30521 (It has full negative body) and close Near Low
Weekly Basis
• It is making lower High pattern from last 5 Week there was two high which are similar (32347-32322)...
On MTF price took support from .786 fib level & MACD divergence appeared. On WkTF, MACD divergence also followed and MACD crossover also found on DTF. Highest delivery % found near VWAP 225.34, where the closing price was 221.75. On 17.01.2020 CMP was at 221.6 which is attractive price for the accumulation and continuous bullish volumes also validating the...
Bitcoin (BTCUSD) hit a low on the 30-Sept. and has been printing higher lows since... Looking at this setup, a new possibility emerges.
After the strong drop around the 24-Sept., the bear volume has been low and Bitcoin recently managed to break above EMA10 on the daily timeframe.
Above EMA10 gives us bullish potential...
Now that EMA10 has been conquered,...
-Stock broke out of a downward channel and then consolidated for a few weeks with volumes drying up.
-Stock broke out yesterday after consolidation, confirming a double bottom and an inverted head & shoulder pattern.
-Stock also broke above a long-term resistance line that has been tested multiple times over the years.
-Breakout was on high volume.
-Stock...
ok for those who follow me and my swing trading method i wnat to share you my 4h chart:
2018/05/05 : MACD et stochastic rsi sell signal ( 9800/9900)
2018/05/06 : first MA break, sell confirmation,if you miss the first signal (9600)
2018/05/09 ; MACD and Stochastic buy signal (9000/9100)
2018/05/10 : MACD and stochastic sell signal (9300/9400)
2018/05/11 : No buy...
Suven Life Sciences
Investment Horizon - 6 months plus
CMP 239
Top Down Approach - a) Monthly Chart b) Weekly Chart c) Daily chart.
a) Higher Time frame chart - Monthly (Ascertaining the big picture)
1) Above 30 period EMA.
2) Cup formation in progress and the first HH is seen suggesting early stages of the uptrend has started.
3) Breakout observed past the...
