BTC continued its bullish momentum for the third straight week. After consolidating in the range of $60K to $64K in the previous weeks, it has given a fresh breakout and at the time of writing, it is trading around its ATH of $66K. BTC formed a bullish hammer kind of weekly candlestick pattern which depicts that bulls are going to dominate the charts in the coming...
NIFTY Intraday Trade Setup For 08 Nov 2021
Buy- None
Sell-Below 17900
Sl-17925
T- 17850 17800
No buying until Nifty closes above 18000 in daily time-frame. So, consider shorting below 17900 for the target of 17800.
If the trendline support in the 15 Min TF is broken then Nifty will head towards 17660-17680. According to our ABCD and Bullish Bat Pattern nifty is...
If you personally ask me which one of them to buy, I would say 'none'. They both are very risky, and are memecoins to be very particular. But still, if you want me to do the analysis on both, then continue reading this article.
Dogecoin’s market capitalization is $35.04B currently, whereas Shiba Inu’s market capitalization is $34.77B as of now. Shib crossed Doge...
Bitcoin hasn't tested H3 OB's open @ $33,010
here's what I intend to do:
**The Game Plan**
long @ $31,679 or $31,307
3 targets @ $36,612, $38,190 & 39,682.
As always, none of this is financial advice and should be construed as one.
DYOR
Not Financial Advice (FA)
HDFC BANK - OPTIONS STRATEGY EXECUTED IN MY ACCOUNT --OUTCOME
Lessons:
Even though the max loss was only 4500, I ended up registering almost 4 times the loss.
This indicates that there is no fixed risk thing in trading especially when exiting a trade is an issue.
My view on the scrip and the Bull CE spread was a hit as HDFC Bank hit a high of 1725 on...
Exactly as written last week, Nifty cracked and kept cracking. The law of moving averages spares none and momentum indicators were really exhausted. The writing was actually very clear on the charts.
Now the following is my analysis for coming week based on what I am looking at (You may want to open image in new tab or save it for better view)
One might get...
Nifty and Banknifty both showed weakness on technical grounds today where none of the indices could sustain the gap up opening . But for most of the part both of the Indian indices were choppy throughout the whole day. Shorting in nifty or banknifty by buying puts is not advised as the markets are not correcting sharply even after breaking their supports . Theta...
This is a long-term analysis for the telecommunications giant - Bharti Airtel .
There are two primary market trends in the broad perspective :
1. Uptrend/downtrend
2. Accumulation/ Distribution.
The accumulation phase is the boring phase , when smart investors accumulate positions and get in early. the uptrend/mark-up phase is the euphoria phase when the...
Looking at this idea for BTC .
If the lengthening cycle theory holds true (which it has so far), we could see a cycle top somewhere around summer of 2023.
Also, historically, BTC reacts to the 50 week MA with a modest 50-70% growth, at least. So, expecting a relief rally in the short term before another rundown to test the 200 week MA. The long term trend of this...
Nifty Closed @ 15820. Whole day spent time between 15820 - 15860. None of the 15 Min. Candle closed above or below said nos. At the time of closing it broke 15820 and settled. MACD gave Bearish Sign at day end. One Can Sell at opening with SL of 15900. Don't expect big target, cover your shorts near 15720 (+/- 10) points. Try to long near same.
NIFTY 50 EOD ANALYSIS -22-07-21
IN SUMMARY
Open / High / Low / Close
15736.6 / 15834.8 / 15726.4 / 15824.05
Trading Range Low to High: 98 points
Likely Max Realistic Opportunity @ 50%: 49 points
India VIX: 11.89 / -9.99%
FII DII activities: +700 Crores
CHART BASED CONCLUSIONS
A 202-point recovery reads interesting. However, in effect, we have ended the...
Technical analysis:
Welcome to this quick update everyone,
In Daily timeframe Chart, Apart from todays movements let's look back at a higher time frame.
(I've used the line chart instead of candlesticks because of all the wicks , they're just noise for considering this deviation)
We can see a series of lower lows formed by btc while rsi is steadily moving up...
I think almost 95% of the traders fall in these four categories. More than 50% trades could not even step up to learning stage. The problem with most beginners is either their get rich quick approach or inability to adapt to the market environment which is highly volatile in nature.
Many traders enter the market with investment approach and then they become...
1/ Entered just below the swing high at $35,350 ish
2/ Hoping to tag the 1-hour bullish order block's high at $32,935
3/ Love the R:R, let's see what happens
As always, none of this is financial advice and should be construed as one.
DYOR
Not Financial Advice (FA)
Had a great run up on various kind of rumours. None of them have come true.
Search Engine India centric ....hmmm
Who uses JD Map ?? If you do, pls buy JD stock.
1/ Bitcoin price has perfectly bounced off the demand zone ($28,796 to $31,037)
2/ Investors can expect this rally to sweep above the local top at $35,500.
3/ Possibility of BTC hitting 62% Fib at $36,569 or 70.5% Fib at $37,632 should not be ruled out.
4/ An opportunity to position for a short trade might arise at the two levels mentioned above.
As always,...
