From 2015 $BTC closed below 50 MMA for the first time in June 2022 but still hovering above rising trend line support. Till it holds above this can move towards 28750. On the flip side, MCB below trend line will be very bad sign not only for BTC, even other cryptos will start to collapse. So look out for the trend line on MCB
Above weekly chart shows a bearish sign by forming Shooting Star Pattern @ falling trendline resistance which is not good for short-term. This one sided rallied from 15200 levels shows that bulls are getting exhausted & over stretched. So it may cool-off & may re-test breakout zone. This view will be invalid if shooting star pattern high is broken out on WCB.
Bearish engulfing pattern & closed below falling trend line resistance. This candle high to be taken out on DCB for further up move. On the flip side 17245_17390 is the next support zone & 16660_16795 will be the next big support zone
The level to enter into BTC & crypto market is shown in chart.Expect BTC to hit tgt zone of 7-8K
S&P500 almost came closer to falling trend line resistance & 50 WMA but did not breached it so far. Good support seen at 4160_4233. If sustain above this may re-test 50 WMA again. Or else will fall towards yellow trendline levels 3900_3935
CREDITACC forming a triangle pattern so keep it on your radar....
As we analysed that NIFTY could only continue its bull run if sustained above 18000 but failed to do so and fell one sidedly from our important level 18000 which was also a psychological level Now nifty closed at very crucial area as it filled almost all gaps which were pending and is more like retesting fhe trendline it broke out hence it could be a good...
PENIND | Channel breakout - Looks potential for 25-40% CMP : 43 (Dip : 40) SL : 36 Target : 50, 57 Second target calculated based on Fib extension
BUY Above 1930 for targets 1991.80, 2091.80, 2191.80 DISCLAIMER: This idea is intended for educational purpose only.
Adani Port Cmp 801 dated 1-8-2022 1. Triangle Bo @ 804 Buy above 804 for a tgt of 835-860-900-950 SL 750 It is just a view, pls trade at your own risk.
Look like upside opportunity of target price of 2750 and there is good accumulation up to 2260
NSE:NIFTY THE index is at important level at daily time frame The first target is 17400 and second target is 16800. As the index has resistances from its life time high trend line. Also the is bearish Engulfing candle This is for educational purpose.
BoroRenew - rising wedge support broken .. retest of trend line also done . Huge sell off with volume today Target = 480
VTL | Swing High + Higher high setup - Potential for 30% CMP : 334 (Dip : 325) SL : 295 Target : 430, 560 1:3+ risk reward setup for 1st target
NSE:BSOFT #NSE:BSOFT symmentrical triangle ready to BO. Marked on chart. Do check my signature column for my details.
TLBO on Indoamin Daily chart.. Good volumn, 200 ema support .. RR is not that good. Can buy half of the qty at 137 for target of 182 , half qty can be bought at retracement of 110-120 levels, SL is 109
NSE:DLF #NSE:DLF formed Descending triangle, TL, Cup & Handle BO. Descending Triangle BO is too perfect, stock move up from downwards and Trend line tried to break 4 times and given BO candle closure for 5th time. Adding to that a beautiful #Cupandhandle pattern. SL marked for practice, Target open.
As we can see though we saw weakness in the first half but it did recovered in the second half and has formed more like an inside candle which stands as a very decisive state as either side breakdown or breakout of the consolidation could show one sided move hence we can see one sided rally if sustained above 18000 mark so keep watching everyone