USD/INR, EUR/USD, GBP/USD, USD/JPY, USD/CNY, DXY
VISESH INFOTECNICS, YES BANK, VODAFONE IDEA LTD, UTTAM VALUE STEELS, JET AIRWAYS INDIA, PC JEWELLER LIMITE
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
Gold, Silver, Crude Oil, Brent Oil, Natural Gas, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
I recommend to Buy Morepen Labs as a positional call for medium term. Charts of morepen labs shows that the stock is oversold in the market with unjustified pessimism. It's prime time to get into the morepen labs with targets of rs. 42.00 which can be seen within 12 months from now. It has created a Inverted Hammer Pattern which is a strong bullish reversal ...
The price is still in a downward move, however the recent move which broke the cloud from below and was able to sustain for a couple of weeks above of cloud, means showing signs of exhaustion in selling.
the swing in pink marks and the pink numbers are weekly swing data...
rest is the daily swing data
more details about the chart
disclaimer... not an investing/trading recommendation
MorePen reverse Head and shoulder Pattern on Daily TF.
I joined later in this year but it is feeling like second home.
Hope to have more learning and interaction in 2018...
Quoting this chart from Morepen which really blasted for a christmas celebration.
Support at 31 and Resistence at 37-38 levels
Accumulation: 680 days
Momentum: 7-8 months
CCI(D/W) > 100
TGC on D/W
Reversal confirmation on D/W
Movement towards 32 ongoing (61.8 Fibo level)
Daily Close > 18.90 and High > 18.65 will confirm the reversal on D basis
Check the annotation in the chart.