The monopoly scrip is at the stage of breakout from a triangle pattern and also there's a volatility compression. I'm bullish on this scrip for both short term as well as lomg term. There's a stock split on 28th of Oct, try to hold it till record date as many new investors might invest in it for its lower cost which may further take this scrip up.
#Here on the daily chart of UPL, the trend is down since the month of june and now the trend is showing some signs of reversals. A divergence can be shown between Price and RSI, price is making lower lows but RSI is continously making higher lows.
#When we put a bollinger band over the price chart, we can see a "W" bottom pattern has formed on the same lows. 1st...
Avoid trading tomorrow between this range.
Trade after the breakout.
My view is bullish Since we saw last hour short-covering and heavy buying happened.
The market will be very volatile tomorrow. VIX is around 18.5 Up 2.67%.
BankNifty Cmp 37812 dated 17.9.2021
Resistance @ 37800
Support @ 36800
Buy above 37850 for a tgt of 38500-39700
40500 SL 37000
Sell below 36700 tgt 36200-35500-34800
It is just a view, pls trade at your own risk.
It is a large cap scrip, it is in an uptrend for a long time and now it is near to the multiyear resistance. There can be a huge up move in this scrip if if breaks that resistance, so do watch out for this level and set an alert on it. Don't short this scrip until it breaks the support zone and better to short after the pullback. Point to be noted is that the...
So, simple rule of Shiba Inu reaching our one cent is: that three different scenario so increasing in the shiba inu price will increase the market cap for the shiba inu. The other scenario is going down on the total supply. So, based on these two different kind of aspects i’m going to present four different kind of scenarios. It’s hard to say when will Shiba inu...
It seems the asset class is sideway in 4 hours chart. I have created a Quantbox, based on the volume accumulation and distribution which is clearly showing that XRPUSD is trading between USDT1.4468 to USDT1.3412, and created a narrow channel of the range around USDT 0.1.
MFI has also got arrested into a box channel which is creating a coil channel movement....