Cipla seems to have taken good support and now can fly backing on its results
GoldM future is trading on a good trendline best buy around 48550 with small stop loss and big target RR - 1:3
Tata steel is currently on a strong support, a buy position can be initiated will 8-10% target for swing trade given a green candle with good volumes is spotted on the support zone.
DEFIUSDTPerp forming a bearish flag and pole pattern in hourly timeframe, safe to trade given BTC is yet to fall till its support zone and with global negative crypto sentiments.
Banknifty has just broken its support and its eyeing to go further down
Bank nifty in a 1000 point range, buy above 37970 SL 100 pts Target 38200
Cryptos have been dumping pretty hard and it seems BTC is still not out from the bearish grasp
BNBUSDT on crucial support if it breaks we might witness a long fall on the other hand this can also act as a support and price can be bullish, waiting for a W pattern to form before taking any trades.
Banknifty is showing a confluence of both on major support and head & shoulder pattern, breakdown from the patterns might give good fall.
Alkyl amine which has been on a downtrend finally seems to have bounced back on its weekly and daily timeframe Weekly timeframe shows - 1. Support from 50EMA 2. 38% Fibbonaci level support 3. Dragonfly Doji in making Daily Timeframe shows back-to-back bullish candles on the previous support zone. Trade with caution
BTCUSDT is currently on a major support zone as well as an important Fib level from which it can bounce back and probably can hit 70k by christmas.
BTCUSDT has consolidated for a short while and is now again on the verge of a breakout, 70k by December can get real keep an eye
BTCUSDTPERP shows the pending correction as done and it can be gearing up for a rally till 70k now, risk-takers can buy at 23% rejection where a bullish candle forms with good volumes with 38% levels as stop loss and 70k as target ensuring a 1:2 RR.
TRXUSDTPERP showing tight range consolidation which can give a breakout/breakdown very soon with good targets possible
BTC to 70k can become real by Christmas with such movement although some corrections seem pending a movement till 67-68k seems to be a short achievable goal. reason to consider this pennant pattern as a valid one - 1. Uptrend 2. Good hourly consolidation 3. High ADX 4. Good Volumes
Hold for long targets but trail stop loss might give big targets same as the size of the pole although risk significantly increases due to sheer volatility
BTCUSDTPerp showing good pennant pattern a breakout/breakdown with volume might give a good movement. Trade with cautions
Bitcoin perpetual chart shows nice consolidation in a tight range and it is ready for another move on either side, Trade with proper stop loss