BTC continues to be trapped in the ongoing tussle between bulls and bears. Even after its recent breakdown to make a recent low of 28.8K, bulls showed an impressive buying strength from that level to close the last weekly candle at $34.7K, it recovered ~20% from this low. It formed an indecisive candle with a long lower wick that shows strong accumulation in the...
Price moving sideways for the last 14 days and it is clearly moving towards the trend line. It is expected to take support from the trend line if touches it.
As of 18/5/2021 Pattern formed: Ascending triangle Candlestick pattern formed: Bullish marubozu Resistance level (arround 322-333 price levels) : Tested 3 times. NOTE: Resistance level and ascending triangle pattern both broken with high volume on 18th May 2021. RSI: Above 60 MACD: Shorl length line over long length line Trend pattern: Sideways According to...
A good and bullish candle . i.e, prefer a pinbar or an engulfer on 1330 lvls . will establish a buy for the IT giant INFY .... As trend is suggesting .... buy low and sell high in this sideways mkt of infy . For positional purpose : Hold on 1380 lvls to see if it breaks it, educational note : it might note break it in one go but might consolidate there with a...
NSE:EICHERMOT TIP~ Wait for DMI to cross 35 level and then take price-action!!
Euro vs USD pair has a bearish January , fell down from 1.23 to 1.20 almost, Now the price level hit back to the resistance zone 1.218 area, This pair may starts to consolidate before it starts up... Analysis only for education purpose
Negative divergence in nifty, nifty may go sideways for a week or some downside of 300 point , if break today high idea is negate
Today expected breakout/breakdown of sideways zone 24350-24650. If any side breakout, we will see further 200-300 point quick rally.
for past 2 days its been going on a sideways trend.
DISCLAIMER:There is no guarantee of profits or no exceptions from losses. Technical analysis provided on the chart is solely the personal views of my research. You are advised to rely on your own judgments while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial...
Euro against Dollar seems to take off by the bulls in the first week of May , Last month of April the price was almost moved in sideways and its top and bottom not exceed or decreased .. month high were 1.09 and month bottom were 1.076.. New month expects the pair breaks out of this area and may touches the old resistance stays over the years at 1.14
Nifty taking support at around 11800 level as well as a recently developed uptrend line (marked in green). It might bounce back from here and form a sideways pattern before resuming its down move. But I will not be in hurry to initiate a long trade.. not before there are good volume bullish candles in intraday charts.
Nifty is trading in a sideways trend since start of August. There have been some intraday opportunities, but there is no clear direction so far. It is not worth risking one's capital going for small intraday profits until it breaks the sideways volatile zone. Long Opportunity will arise once it breaks the sell zone (as market in the chart) to the upside target...
Wipro is trading sideways between 280 and 300 as we could see in chart. Currently the stock is in the lower bottom of the range making it an opportunity from Risk-Reward perspective to go long. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas....
VIP Industries in recent weeks is in a sideways trend since February. Taking a broader look we could find the price action is forming lower highs and higher lows leading to a triangle pattern. Currently, the stock looks to be in the middle of both the patterns and only a breakout could give us a clue on next big swing. It would be wise to get in if either 485 or...
Stock is showing sideways movement look for the stock touching the support or resistance level.