After five weeks of consecutive gains, Bitcoin is facing a bit of a hurdle from the psychological level of $50K. BTC formed a Bearish Doji kind of a candlestick pattern in the last week and dipped minutely by ~1% to close the week at $48,802. BTC has had a volatile last week due to the August monthly expiry in which $2+ Bn F&O contracts expired. At the time of...
breakdown below 8630-20 (on closing basis)
can open targets -
8410 , 8200, 7990
🛑chart pattern :- ascending trianlge 🛑
🛑technical wise :- support line break 🛑
🛑momentum wise :- bearish 🛑
disclaimer - for study purpose only
MAHINDRA & MAHINDRA - Ascending channel support breakout at monthly time frame
Always trade what you see, never trade what you feel. Make this a habit, you won't be requiring any seminar, webinar, or mentor, you will be self-sufficient.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
The lower range that was in place for the stock from March 2020 post the lock down got taken out today (May 5). In the short term the stock can see further downside and could test 143-147 levels, if the price does not close above 186 on daily charts.
STBT TRADE IN MANAPURRAM FIN DEC (FUT)
-AFTER A EXTENDED RALLY AND CORRECTION THE STOCK HAS LOST MOMENTUM FOR FURTHER GAIN
-STRONG SUPPORT BROKEN