Good morning again ladies and gentlemen and happy new year to each and everyone of you. I hope we all got 2020 out of our systems and we are all determined to make 2021 a horse of a different color. 2020 may not have been good for most people but most people dont hold Bitcoin... Yet. This past year we saw a low of 3800 and a high of nearly 30k. It was the perfect...
Good morning again ladies and gentlemen and welcome back to my daily look into the best investment since Enron!!! Bitcoin! LOL. But seriously I saw a gold PS5 online this a.m. and Im pretty sure someone reading this bought the gold PS5 (nearly 1 million USD) with your profit. Just step up and admit it. As we all browse Lambos online I am curious to see if we can...
in the long run i see the share doing wonders, as of now i expect it to open low on december 1st. It will be bullish and will open low, but i am pretty sure it will take a support as it has not just good amount, but also very strong support lines as shown. Be bearish for a while, if you are planning to invest wait for a while, the share will fall, and then will e...
Good Sunday my fellow profitable cryptocurrency trader, supporter, reader, and to all those living and looking into Bitcoin right now... I am wishing you the best. Let's have a look at the weekly chart, we have something really good going on right now. The last time we looked at this chart we had the late June 2019 price peak, for BTCUSD, as the next...
If I totally go up price action on Bank Nifty, there are two b2b breakout levels crossed and held (18,200 & 19,000). As per the current breakout, the target on the upside is 20,785 to 20,820. One thing that is worried, BN moved 8% yesterday on account of some 1.5 L package to Banking Sector rumors. If the pattern has to fail, the first signal will be BN...
Bank nifty nicely consolidating...looking for a break on the upside!
It was disastrous day for bears. Nifty climbed up by 186 points and Banknifty by more than 1000 whopping points! Those who have read my yesterday's post on Banknifty would recall that I had written about strong buying coming in Banknifty (which would push nifty up) since HDFC Bank, ICICI Bank and Kotak bank were at their critical fibonacci levels. Today, at close,...
NSE:BANKNIFTY 'A Slience before the Tsunami' The current move explained through video Analysis. This slow upward movement is an indication of something bigger should be expected from the market. Quote: “If you spend your whole life waiting for the storm, you’ll never enjoy the sunshine.” — Morris L. West
In case of a breakdown from the descending triangle, further 50 points decline. Wait for the breakdown before taking the short. Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
Hello hello, If you notice in the past, once people start writing obituaries for popular coins it usually is followed by a huge run up. We have a perfect storm coming up here: 1. Negative market sentiment 2. Tax deadline is coming up 3. The triangle has it's point directly on the day Tax is due. This is not financial advice, just some observations I've...
-Stock up 13% since last post. -Breaking out of the potential descending triangle with high volume. -Comfortably above all moving averages and no strong resistance close by. -Momentum indicators still bullish. -Rs 100 mark should be the next psychological resistance. -Fundamentally sound company with strong expansion plans. Not an investment advice. Do your...
-Long term uptrend acting as a strong support. -Holding nicely near key support. -Bullish candle. -Divergence on RSI. -Divergence on Stochastic. -Volume drying up as the stock has moved lower in the recent past. -Potential triple-bottom formation.
Indigo in weekly is showing a Sign of weeks with ABC pullback and over&under head cut pattern. The pattern itself is not confirmed and will get confirmed only below 1236. Currently if 1347 is defended in indigo by bears then storm is coming in Indigo. Objective is 938 with time of hold till 16-april atleast. Aggressive setup: Short on CMP with sl 1347 target...
Banknifty saw a 3 weeks of party from bears, falling from ATH 27652 to this week close of 25163 shedding over 2489 points. Now the line of hope is near the bulls. Bulls by all means will try to defend 24600, the final line of defense for me is 23635. if 23635 breaks, embrace yourself as storm is coming, long time market will be shifting to bear phase with all the...
Scrip has been moving in swings with three higher lows and three higher highs for 75 days, henceforth validated with time duration and trend and it managed to retrace back quickly after breakdown from ascending channel prior. As the symmetrical triangle extends and the trading range contracts, volume has also started to diminish. This refers to the quiet before...
if nifty falls below 9898 then you will see fall 2%
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