Hey everyone, We are currently in our buying zone of Cardano, which I discussed in the previous idea. If you haven't viewed it yet, go chack it from the link below. As discussed in the previous idea, $ADA went bearish after a consolidation of 1 month. Now, it is nearing a very strong demand zone, which can result in a trend reversal. The trend reversal might...
MACD and RSI are showing signs of FALLING WEDGE REVERSAL. *just an idea do your research before investing.
Canara Bank is showing a trend reversal W pattern, with daily T.F volume slightly above average. Let's see if the current day closes above the last swing high. lower T.F consolidation within a 15min range. Let's see if any move from here. The PSU index as well, in the same pattern. SBIN followed the same pattern and closed above. I hope the next Canara bank
BHEL, a midcap stock, technically formed an interesting price action. Looking at the monthly chart, you can see the rounding bottom. Rounding bottoms are found at the end of extended downward trends and signify a reversal in long-term price movements. If the price action were respectable, we could expect a multi-year break out. I'm hoping that any positive trigger...
After consolidating in the range of $46,000 to $50,000 from the last 15-20 days, BTC closed the last week on a positive note with ~8.81% gains. Other crypto assets also witnessed a positive week as the combined crypto market increased from $2.10 Tr to close the week at $2.395 Tr. BTC formed a strong weekly candle which slightly depicts further movement to the...
Looks like a clear trend reversal in this stock. Huge buying volumes. I still prefer to wait for weekly closing as that will be clear evidence of Super trend finally turning green. Targets : Open Only for educational purpose. Not a reccomendation.
Very Risky Trade One can go long as stock is now showing positive move after continuously being in downtrend and then consolidation with SL of around 13-15% one can buy and keep on trailing the SL.
On last trading session (FRIDAY) before the closing of the market we have seen a clear bounce from the important zone of 17600 if market manages to sustain above 17600 level on Monday index is heading for 17900/18000 in coming days. As a trend reversal trader I will like to built a long position in NIFTY above 17760 for the above mentioned targets. Also RSI Is...
CRISIL taking support near 61% fibonacci levels and bouncing back. Expect a decent rally in the same. Positional Buy : Company : CRISIL Entry Price : 2770 Stoploss : 2536.8 Target 1 : 3100 Target 2 : 3241.
BUY MUTHOOT FINANCE ENTRY AT CMP SL & TARGETS MENTIONED ON CHART. SL TO BE ON CLOSING BASIS ONLY Disclaimer: All charts are for educational purpose. Please consult your financial advisor before investing.
UPL on Daily timeframe UPL showing a trend reversal, the stock was on downtrend since july but started showing a trend reversel. The stock might give a breakout, add the stock to your watchlist so you don't miss out.
Ibulhsgfin Long RSI Divergence Resistance at 100 day EMA around 237 Buy above- 238 SL- 221 Target- 258, 286 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Deliberately following trendline and showing reversal candle. one may enter with a stoploss of 1925-1930 .
After a long fall from 3digit rate. it came single digit. now, consolidated, broken trend line n the main thing retested with a strong bullish hammer candle. i had made a tgt till for 45 which is coming from 62% retracement of downfall. n more levels are provided to book profits. thanks keep learning n be in profit safe your capital always. bbie happy trading
The moving averages are converging. The price is trading above the short and med term moving average. RSI is also supportive. CNX finance also in uptrend. Can see a move in this soon:)
Emmbi Ltd It has given an multi year breakout plus my favorite 1 year rectangle pattern BO and also showing sings of trend reversal One Can take a long position with SL of 90-2 for a target of 130+ As per the log chart there is resistance around 113-4 levels.