Nifty 50 Daily Charts (Medium to Long Term view) The current trend is sideways but I am unable to decide if the pattern I see is bearish or bullish. So then we move on to other indicators and my favorite is RSI RSI has a reversal and is moving upwards. We have to see if it maintains the upmove and crosses the 50 levels to be sure that Nifty 50 may be ready to...
Daily Charts (Medium to Long Term) RSI is still below 50 Candles are still below the 20 day moving average and the trenline Heikin Ashi is giving us some good signals as yesterday was a confirmation candle which indicates that the correction might just be over Market has been range bound between 14280 levels and 15350 levels since 11th Jan 21 so we cannot have an...
Nifty 50 Daily Charts (Long to Medium Term) RSI is below 50 levels and it clearly gives us a bearish signal. Nifty is taking a turn after breaking 2 trendlines which means that the markets may go either way. I couldn't get proper reading using candlesticks so I shifted to Heikin Ashi. The green candle which means that we may see a bull rally soon has been formed....
ON 12TH MARCH Watch for IDBI. SHORT TERM AND POSITIONAL CALL FOR TARGET 41/42/43.70 STOP LOSS: 35.0 Highlighted in rectangle to Mark Trend Reversal after previous 2 day short covering and ready to move up. 1) MACD -Good 2) RCI - Good 3) Volume - Good Looks positive move from here Other technical aspects 1) Moving Averages: BUY 2) Technical Indicators: STRONG...
Apart from patterns, It may turns bullish side on monthly chart. It is not participated much on market rally. Monthly MACD is positive and also other indicators also showing positive signals. Any time can shoot-up. At first, Daily MACD crossover helps to move upside from the current levels and it may reach the targets on upcoming...
Good morning again ladies and gentlemen and welcome back to my daily look into the world we call Bitcoin. Today I have the 4hr time frame pulled up after retaking some serious support. The question is will it last? The bulls have awoken early today and if the bears sleep in we could see some gains today. But only time will tell if that will be the case. So lets...
As you saw our last target is achieved now you can take a long entry in eth as we see rsi and macd is indicating that eth is going high and volume load is macd is decreasing and a very strong support line is still unbroken so this is the perfect time for long entry our target is resistance line you can go upto70% of that
Short Bank Nifty Below 31000: Target: 30450-30550. Stop Loss: 31050. RSI and MACD suggest shorting possibility. Look at RSI for retracement till 50. Look at MACD for histogram and preferably trade after the red part of the histogram begins till it peaks. Target Won't be activated if Bank Nifty Opens Gap up which is unlikely for now. Long possible above 31500 but...
Bullish momentum is starting to build up for the BTCUSD (Bitcoin) pair. We have only bullish signals coming from this chart, this is the 12H timeframe. Let's have a quick look at some of those: MACD high up and strong. The MACD line just crossed above the signal line. The RSI is very strong at 74.81. BTCUSD price stands safely and strongly above EMA10....
Nestle is showing 3 Bullish Indicators: 1 - Cup & Handle breakout 2nd time over 17500 - 17600, which is the neckline 2 - RSI > 60, beginning to show strength 3 - Overturn on MACD again and quick crossover of MACD line over Signal Line, indicating +ive divergence of moving averages. 4. High Volume spurt seen and highlighted in chart. Recovery from 17000 level on...
Another one of the big buys, Ethereum (ETHUSD), is also aiming lower... What do you think will happen when big money flows out of Bitcoin, Ripple, and Ethereum? Where is this money going? The smaller altcoins of course... We are talking about thousands and thousands of altcoins. --- Back to Ethereum... We can see prices moving below EMA10 and the exact...
Bharti Airtel, After long period of downtrend and reversal confirmation is now poised for further upmove. As you can see from chart, Cup and Handle formation is on the edge of completion (NOT YET COMPLETE). Will complete if it closes above 500 in next 2-3 days. RSI > 60, shows strength to move now MACD Line cross over Signal Line. Spurt in Volume last...
AXIS STILL DIDNT BREACK THE BREARISH TREND LINE SO WAIT TILL MACD INDICATOR IN 15MIN SHOW SELL THEN SELL AXIS BANK DEC 620 CE SHORT WHICH WILL BE OTM . WITH 1:2 TRADE PLACE . IF MARKET OPEN VERY BIG GAP UP THEN DONT PLAN TO BUY OR SHORT QUICKLY SEE PRICE ACTION OR ELSE TAKE TRADE IN EQUITY WITH MACD 5MIN ENTRY LONG OR SHORT POSITION WITH PIVOT TARGETS
Ever since the Rally off the March lows, Bata as a stock has been struggling and massively underperforming Nifty. Clearly something is wrong here that means, possibly a Long Term Top in place and a BIG TREND CHANGE..... as its looking Quite Bearish on the Weekly & Monthly Charts too. Now coming to my Short Term Bearish view as per Daily Charts: - You can see a...
Here, I have applied Elliott wave , moving average , volume , and MACD . Wave 4 can be steady or sideways for a while. Overall, silver is in an uptrend. Safe investors can buy silver at wave 4 for the following levels: Intraday Targets: 62100 - 63300 Positional Targets: 64260 - 65200 At present, moving average and MACD throwing upward signal by...
Bharti Airtel is at a crucial resistance between 420 and 425 which it has rejected three times on the weekly chart. A possible double bottom could be forming which coincides with declining negative price momentum and the presence of an up trendline making this an area where the stock should find some substantial support. The RSI and MACD when analysed on the daily...
As from the previous Strategy buying at 56 price and selling at 62 sell made a good profit .From past two days it has doing sideways market in the range from 60-62 now the it has breaked Now let's make a strategy for Long 1) ema is also getting +ve which indicates bullish 2)vwap also showing bullish 3) Macd indicator showing buy signal If market is bullish...
2h candlestick patter is strictly following wedge lines as its dynamic s&r. the support band within had been breached and thus could act as a fresh level for a re-bounce. shall it get breached again, twice tested dynamic support could possibly cause a re-bounce and thus an uptrend. dynamic resistance acting as upper edge of wedge is in no position to as as one and...