NIFTY Intraday Trade Setup For 10 Nov 2021 Buy-Above 18075 Sl-18055 T-18110 18188 18260 Sell-Below 17980 Sl-18010 T-17900 17867 It was just consolidation today. We will just trade the range shift. Higher range is 18120. But can consider buying above 18075 for a small target of 35-40 points till 18110. and if index sustains above 18120 then we will hold till...
BANKNIFTY Intraday Trade Setup For 10 Nov 2021 Buy-Above 39600 Sl-39500 Target-39735 39897 40000 Sell-Below 39200 Sl-39300 T-39000 38790 Banknifty has just consolidated. One positive note is that the dynamic resistance in the hourly time-frame is taken out. Today's range is very important. We are simply going trade on the range shift. If range high i.e 39560 is...
Trendline and fibonacci support. RSI renge shift. Buy with Stoploss 123 Target 153
#daburindia weekly momentum at bullish support within trendline channel weekly holding within a trendline channel since long momentum and trend bullish on all timeframes. sector is bullish. momentum taking support near 60 multiple times on weekly indicating a medium term range shift.
As NIFTY is choosing to make new highs this week, I look at different sector performances and their strength against the broader market. Through sector analysis and relative strength comparison we can find sector booms before they happen. Also note, the comparisons made below are all relative to CNX500 index, so it doesn't mean that if trend is downwards the...
1. Flat top pattern break out. Generally target would be around the length of the pattern. 2. Monthly RSI 60 support. 3. Weekly RSI range shift. 4. Can be a good bet. 5. Stop loss should be below the low of Previous month candle.
i feel ITC is up for a slight correction on the downside. Reasons: 1. In the daily chart its at a resistance zone, in the hourly time frame the price is being rejected constantly. 2. Rsi in weekly is below 40 (bearish). 3. RSi in daily about ti check the 60 levels and is up for a range shift. 4. hourly rsi is above 60 so i am not going to short it right away,...
Although the longer term trend is up and we would look to go long. But a quick scalp on the down side is also possible because: 1. Weekly resistance zone, pe a dark cloud cover has formed in daily time frame. 2. The price on the hourly time frame seems to be making lower high formation indicating a structural shift. 3. rsi in the 15 mins closed below 40...
Strong Uptrend. Pull back in uptrend. No sign of pause or momentum shift.
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Can Fetch.ai (FET) Crypto Conquer $5 Amid The Markets Rebound? The social dominance curve has experienced a rapid ascent, signaling the growing prominence of Fetch.ai in the cryptocurrency sphere. On the daily chart, an intriguing pattern has emerged, and a breakout from this formation could potentially catalyze a substantial surge in price. The broader market...
In the past week, both the 7-day and 24-hour active address counts have seen an increase, signaling a positive shift in sentiment. Investors in Bonk are preparing for a potential rebound to its April 25 peak value of $0.00002966. Over the last few sessions, the cryptocurrency market has seen a significant recovery, with Bitcoin climbing from a low close to...
Litecoin Price bottomed out after retracing multi month low value and reclaimed $80 level. The increased active addresses and OI data validates the possibility of further growth. Litecoin encountered a strong support near the multi month low value and jumped higher after retracing the level of $77. The bulls have reclaimed the $80 level however, further gains...
At press time, the NEAR crypto was trading close to $5.62 reporting a positive intraday development of 3.70%. The technical indicators imply a neutral to bullish outlook in the short term. The NEAR crypto is consolidating at the support after slumping near the previous breakout zone. The buyers seem to be returning back and are gathering strength to resume on...
💎 EOS has recently broken out of the descending channels and formed an inverse head and shoulders pattern, which typically indicates a bullish reversal. Additionally, there has been a noticeable change of character (CHoCH) in the price action, suggesting a shift from a bearish to a bullish structure. 💎To confirm the bullish trend, it is essential for the price to...