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.
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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...
Nifty price was moving up but on macd indicator macd line was below it signal + we can also see divergence on rsi + after 5 months we can see bearish englufing on weekly chart down move may come.
Coal India has shown an up move in the market today after trading close to the short term support line for 15 days. The up move was accompanied with higher than average volume levels. This move was also backed by RSI with a crossover above 50. We should wait for a confirmation from MACD also as the MACD line is trading very close to the signal line. The stock has...
CRS Divergence BO 23/06
W VAH @ 283
M HVN POC @ 230
Price abv all EMA
RSI MACD D TF Strong Trending UP
RSI MACD W TF Rising Trending UP
TGT as per FIBO LVLS
SL1 @ 253
SL2 @ 230
VCP Pattern Marked.
A weekly channel completes its 3 wave and is at the upper end of the channel waiting for a breakout because just before there at the weekly chart, there was a bullish divergence in the MACD histogram. In the daily chart there is a head and shoulder pattern and the prices are at the neckline. An entry on the breakout would be suggested as that would be a breakout...
Monthly -
1- It is downward channel.
2- Higher High and lower low in last 3 month
3- RSI cmp from over sold territory
Weekly :
1- Macd and RSI are positive
2- Made big candle after 2 week consolidation
3- VEDL has strong weekly resistance Near 125.30
Daily :
1- RSI above 70 Little bit overbougth
2- Volume in upward cruve
3- Crossed Important Resistance...
Monthly :
1-Made Good support Near 4000
2- As well As clear Resistance visible is Monthly high 5529
3- Last 3 Month Open and close are almost same
That means in Monthly move there is not clear direction in Monthly View
4 -All Monthly indicators are not in buying side
5- Stock Is moving between 100 Month and 50 Months Moving Average.
Weekly-
* Last week stock has...
We all know about the recent investments and the rush that everyone has gotten into to buy reliance jio, but here's the thing it is grossly over valued. Reliance jio might be performing really well but the oil segment is still a part of Reliance Industries, bringing it's valuation downwards. I am not going to get into fundamentals but technical indicators clearly...
INFOSYS IS SET TO BE LOSING IT'S STEAM IT SEEMS. IT HAS BROKEN IT'S TREND LINE SUPPORT WITH A GAP DOWN YESTERDAY. ONE CAN TAKE A SHORT TRADE WITH STRICT STOPLOSS OF 675. TECHNICAL INDICATIONS ARE:
1. BOLLINGER BANDS - INFOSYS MADE A GAP DOWN BELOW THE MEAN LINE OF BOLLINGER BANDS AND WILL NOW APPROACH THE LOWER BAND. THE MEAN LINE WILL ACT LIKE A RESISTANCE...
