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UPCOMING "GBPJPY" MOVEAs we can see the GBPJPY is moving in a channel in one day frame + in one week time frame too . In addition when RSI get above 70 level it retests but it reached above 80 lvl so there is a high chance of a retest and there is a rectangular zone which is a strong resistance which was tested for almost 13 times so another great reason for a rejection and now it has also get overbought in RSI in weekly timeframe . Now all we have to wait is for a perfect rejection so that we can open our short positions. GBPJPY has been reached to this lvl after 6-7 years.
MHRIL Stock to take long entryLong MHRIL stock above 310 for the next big target as per your risk to reward. Once stock cross above 320 start trail SL. The stock has retested the 50 EMA support on the daily chart. RSI above 60, as well as volumes, are increasing. This is for your educational purpose only.
MAHSCOOTERMAHSCOOTER:- The stock has given a breakout on every time frame, keep an eye on the stock
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
NIFTY CONFUSION SETUP Nifty closed at 18500 sustaining above 18500 can lead to 18700 and ATM too but as per RSI a king setup market looks poised and strength in buying is week now chances of fakeout are more i will keep eye on 18420 level below this a nice slip can be planned by a good trader new traders stay away
#ZOMATO... looking good above level#ZOMATO... ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
Bitcoin Price Prediction, will BTC’s price hit $42000 ?BTC could hit $45022.18 in 2023
Bitcoin’s price prediction for the most bearish scenario will value BTC at $21516.80 in 2023
Bitcoin’s previous All Time High was on 10th November 2021 where BTC was priced at $69,045
Bitcoin’s price at the same time last week was $26911.81. It has moved by -1.78% in the past week and is currently at $26,896. Infact, in the past 24 hours, BTC has pumped by 0.41%. There is a slight bearish sentiment in the crypto market. The long term sentiment, however, remains bullish and BTC could hit $34590.00 in 2024.
Total circulating supply of Bitcoin as of writing this article was $19,380,912 and the Market Cap of BTC remains at $521,194,157,450.
Intellect stock to take long entryFlag patterns can be seen on the charts of intellect. But entry will be taken only after the BO of the resistance area above 575 with a small SL of 560 for the huge target of Rs 615-630 level. EMA above 200 again is a bullish sign. Entry taken above resistance will produce a good risk-to-reward ratio. This is for your educational purpose only.
ICICIBANK to take long entryICICI Bank is in a strong uptrend. Look on every 50 EMA stock bounce back to move upwards. Now the stock is in the consolidation phase. Once clear BO above the resistance area above 946 with SL of 935. levels of nearly 1000 can be seen soon in the coming days. We can do Pyramiding trade on every 50 EMA level touch. This is for your educational purpose only.
JK Tyre to take long entryLong JK tyre stock. All important levels are marked on the charts. Safe traders can buy half the quantity after the BO of marked TL & balance quantity to buy after the BO of the resistance area. Good risk to reward trade. On all higher time frames, RSI is above 60 a sign of strength. This is for your educational purpose only.