While this mad bull rally is on, while I am youtubing every single market crash video periodically, it doesn't hurt to think or a moment with the trend.
So, what I observed every expiry, Nifty chart watching is a waste of time. Just Watch both Reliance and HDFCBANK on split screen. If either of them is giving a large move, that’s Nifty's expiry. So much a 10% can...
In continuation of my previous post, Nifty has given a breakout of the falling wedge pattern. Nifty should now give us a clear trend and move up in the coming weeks. A retest of the 14400 levels remains open but that would be a good opportunity to add to the longs. View - Buy every dip for ATH and beyond.
Falling wedge! Bullish engulfing
Expecting a breakout here after this consolidation period, buy a bag here because there might not be a retest (not happened for CELR). The price will shoot up drastically and also this is a very good week for alts as the BTC is in consolidation phase, Will keep Sl if BTC crosses 12240 range.
Buying at 100
For now, the targets...
Textbook move, RSI is now back in a very very good position on 15min, 1h and 4h. We can go and move on to the next resistance/support level (3875 EUR - 4400 USD)
If we break through this one, we are going to start 2019 on bull run! Joe & James are going to FOMO like at the end of 2017!!!
If we don't break it, the bear will be back in charge and we will go test...