HCLTECH looks super bullish and can be bought as a swing trade for the upcoming 3-4 months and a target of around 15-20% can be expected given that the overall market remains bullish. Even when Nifty IT was performing low, HCLTECH held its ground and today it has finally given a breakout from its channel pattern. The breakout can be confirmed with volumes and...
EURCAD is stuck in a wide range trading zone and has just taken resistance from the upper range, a shorting trade can be initiated with a small stop loss.
Gold is the best hedging instrument Every sound investor knows that when the market turns grim, the best place to put their money is in Gold, Gold has always performed well during the times of crisis be it the 2008 crash or the covid downfall, or even in the recent Russo-Ukraine series of events. Although the price of gold remains very volatile, today I will try...
BTCUSDT is currently trading on very crucial support, breaking it might cause more pain to BTC holders since the next support seems to be at around $33000 levels also the support has been tested multiple times and a breakdown can be expected, nevertheless it can also form a double bottom like pattern here and then rally up to the last swing levels which can give...
BNBUSDTPerp has been following a trendline for a while and it has just broken out of it while having a good consolidation at the top. A long trade can be initiated Above 457 with a Stoploss of 450.650 and a minimum 1:2.5 target of 475
BTCUSDT has been consistently testing its resistance and currently, it's on the verge to test it 7th time there is a high possibility that it will give a breakout this time then retrace its path to the nearest resistance, take support from it and then proceed towards the 50k mark.
BPCL had earlier provided a double bottom and now it has broken out from a long trendline, it might retest the levels before starting a new journey towards the moon. Trade with caution, use proper risk management.
HDFC has completed forming a Head and Shoulder pattern with its LTP at breakout levels. A buy can be initiated above 2455 with Rs.25-30 as stop loss and a huge profit can be expected.
BNBUSDT has been following a broadening channel pattern, it has been consistently taking supports and resistance. A short position can be taken if a bearish candle is formed in the resistance zone, 1:3 Risk to reward ratio seems to be a good bet.
Netflix has formed a pennant pattern and currently its in a position to either give a breakdown or a breakout from this point. A proper trade can be initiated after either of those happens with good volumes.
AVAXUSDTPERP showing signs of breakdown, given that BTC is weak as well this can be utilized to take a good profitable trade.
AUDJPY Showing Symmetrical triangle in the 1-day timeframe, high possibility of a breakout.
USDCAD has been consolidating for quite a long now and should give a breakout/breakdown either way. stay tuned and stay sharp to catch good momentum.
BTCUSDTPerp on Support, It seems weak but volumes are pretty exhausted and this can just be another seller trap, buyers can chip in here and take the price to 50K very soon.
NIFTY 15MTF suggests it's in a consolidation between a range accomodating volume Friday or Monday can give huge one way momentum.
TCS consolidating in a tight range with a possible breakdown looming
BTCUSDT might retest its breakout levels before going full rambo again
Banknifty going in a upward channel which is constricting with time