SUI is showing significant strength where the price is bounced back from the support. Be careful if you want to open a long trade on the 1 HR time frame; there is a bearish Divergent in the RSI and just forms a bearish engulfing on the 1 HR time frame and we have a minor resistance. We might see a pullback. Please note make a move accounting to the BTC movement as well
Date 10.08.2024 Bank nifty intraday working for 12 Aug 2024 Time frame : 15 mins Remarks : 1 Starting from lower end, 50300 is important support, below that no catching of falling knife for those who wants to trade only on long position side. Allow index to resume & sustain above 50300 area. 2 50700 is weekly resistance after gap down from last week,...
Date 10.08.2024 Bajaj Consumers Time frame : Weekly Remarks : A cup & handle formation below M pattern neckline at 38% fibonacci level. Golden cross over area can be defined as swing support. Regards, Ankur
Recently, Notcoin's (NOT) MACD indicator has shown a reduction in bearish momentum and has led to the forming of a bullish cross. Similarly, the RSI flashed at 45.74 and bounced back from the 14-SMA smoothened line. This optimistic shift indicates a hint of a positive trend for the asset's price market to recover. On the positive side, the NOT approaches the...
Nifty weekly Analysis for August 3rd week On previous week nifty reversed from ATH and Now taking support at the 24053 For the past week these no bullish candle, But there was a gap, In stock market market cannot Like gap so it means it will fill the gap and then It will consolidate in between the ATM and SUPPORT 1 As my analysis nifty tries to fill the gap...
Every Jun this bank is having the lowest earning of the year and after Jun you will see the earning increasing every quarter. currently its down 30% from the top despite posing the highest ever sales/Revenue ( 1501 Cr ) which provide the opportunity to make 36% Gain within 2 year time frame. Stock can go 10% more down and can also go 50% up potentially.
Simple trade setup. Stop loss below S1. Target army R1 Time period: possibly within Aug or maximum till Sep 2024
Weekly 40 Support/ 200 MA Daily 1. Price -Double bottom - also at previous supports 2. Pattern- In Triangle- Near Support- Multi Year 3. Volume Diversion - At 1st Limb High Volume- Seems Exhaustion Volume, then at second - Low 3. Volatility Diversion - BB - One limb is outside, the another is inside 4. RSI Diversion Challenges 1. Daily RSI below 40- Watch...
Weekly 40 Support/ 200 MA Daily 1. Price -Double bottom - also at previous supports 2. Pattern- In Triangle- Near Support- Multi Year 3. Volume Diversion - At 1st Limb High Volume- Seems Exhaustion Volume, then at second - Low 3. Volatility Diversion - BB - One limb is outside, the another is inside 4. RSI Diversion Challenges 1. Daily RSI below 40- Watch...
Above I have deeply explained about the bitcoin chart which will react the same as I have told trade wisely I will see the bullish momentum above the chart
Above I have deeply explained about the bitcoin chart which will react the same as I have told trade wisely I will see the bullish momentum above the chart
paras defense is continuously declining, as you can see in the chart. it has broken box zone. and now taking support at 50% fib level which is considered as strong demand zone. how to read the current price action? gap fill: if you can notice there is a gap which price is filling now. It was expected that if the 1258 is broken on dcb, market will fill the...
Description Worldcoin (WLD) is a revolutionary cryptocurrency that aims to reshape the global digital economy by providing a universal basic income and digital identity for all. Key fundamentals driving the potential of WLD include: - **Global Accessibility:** Worldcoin is designed to be accessible to everyone, enabling global participation in the digital...
It has been a great week. I went through most of the pairs and reviewed them for you, plenty of setups played out! I hope you have made some profit. I passed one more Ftmo challenge with EurCad trade as explained... I wish you a great weekend! Enjoy the video! Blessings, T
Nifty Stance Bearish ⬇️ Unlike Nifty, BankNifty made a new low on the 6th of August after falling almost 1620pts ~ 3.16% on the 5th. Even though we shifted the stance to bearish - the current fall has no real momentum for continued action. The OTM options did not inflate enough signalling that -3% of a day will be shortlived. The price action on the 6th did not...
✅The stock has been forming a falling wedge pattern, which is a bullish reversal pattern. A breakout above the upper trendline of the wedge signals a potential reversal from the long-term downtrend to an uptrend. The falling wedge indicates that the stock has been in a prolonged consolidation phase, and a breakout could trigger a significant upward move. ✅There...
✅The stock has been in a consolidation phase within a rectangle pattern, indicating a period of accumulation. A breakout above the upper resistance level of the rectangle would signal a continuation of the prior uptrend. ✅The 100 EMA has acted as a dynamic support, maintaining the stock's price within the consolidation range. The lower support of the rectangle...
Artificial Superintelligence Alliance (FET) Faces Major Setback Meta Description: FET price has been facing a strong downturn for the last three months wiping out nearly 62% of its value Fetch.ai, Ocean Protocol, and SingularityNET have united to form Artificial Superintelligence through a token merger and continue to trade under FET token. The daily chart...