OK_Rane

OK_Rane

Island Reversal,  A significant gap up, or sharply higher price at the open, follows an upward price trend, then reverses to a bearish price trend.  Rsi divergence implies a change in relative strength as compared to price movement.  The price has come out of the regression channel. Probably we are in the 4th wave, which means we have completed the top of the...

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ABCD pattern,  1. Correction levels are drawn with green horizontal lines. 2. The next 1-2 months are going to be crucial. 3. Indecision between the 17800 and 18400 levels

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1. Price is out of regression, Thats an outlier movement, which explained the intensity of the impulse, its a characteristic movement of 3rd wave 2. Internal wave structures & Primary wave analysis, 5 sub wave of 3 primary wave is am extension wave, price structure is quite stiff and resembles with Climax Top 3. Cup & Handle pattern target has achieved, have...

OK_Rane

Considering the convergence level & wave count, have drawn few important support & resistance levels. At current price structure, the prices could extend upto 84700 -84800 levels, this level has more convergence or going to be the area of confluence. & price movement also stiff & it has expended more than 1.5X of 200 EMA. T1: 79450 T2: 84800 T3: 90800

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1. Support levels are highlighted as S1, S2 & S3 2. Heavy Selling 3. Negative News

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- High movement - 3rd wave extension to 66 K ( timeframe - May'24) - RS is positive

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Fundamentals, 1. Operating Profit are improving 2. Piotroski score 9 3. Net profit TTM is high in Industry 4. Stock with Low PE Technical 1. Tweezer Bottom 2. Price action supportes by previous resistance & 200 ema 3. Price structure - Consolidation (basing), trend reversal 4. Momentum is expected Entry : 565 (50%) , 595 ( 50%) SL: 540

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Trend Reversal trade Fundamentals, 1. Strong EPS 2. Cashflow is improving 3. Company with Zero Promoter pledge Negative: 1. FII holding is declining 2. Decline in Qtr & Qtr profit & revenue Technicals 1. Price is near 52 weak high 2. High momentum SL: 1278

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These tight ranges often result in a one-sided moment. Considering the current sentiments, there is concord among market participants about what the future holds for crypto, which is reflected in the price moment. Resistance: 44k-49k Support: 37-38 K  

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Fundamentals: Positive: 1. Increase in revenue 2. Profit from operating activities are increasing 3. Book value per share is increasing 4. ROCE increasing 5. Debt to equity is 1.1 Negative 1. Recent Qtr performances 2. 41% promoter holding Technical: 1. Multi-year trendline breakout 2. High momentum 3. High Volume Therefore buy it before it feels like, "...

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1. R1-R2: Resistance Trendline 2. Entry: 483, SL: 465 3. Triangle Breakout, Trendline (R1) Breakout 4. Momentum & High Volume Setup.

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Price is Out of regression channel & breakout is upward, that shows the strength of the trend But the now price has reached juncture where it could face a resistance

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SL : 72 Target:110-120 1. High Volume 2. Momentum 3. Higher Relative strength Add 50% now & 50% on pullback between 75-79

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Trend: Primary: Bullish, Monthly Engulfing Candle Secondary: Bullish, Weekly 3 horses candlestick pattern 19850 has strong resistance but the trend is positive, which creates a opportunity to put Monthly Strangle, which could give 4-5% returns by mid December.

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1. Rising Wedge - Continuation Pattern, consider as bearish, often perish to breakdown, usually forms over 3-6 months. 2. No sign of Divergence, trend is bullish 3. Strong Momentum 4. Lack of Volume What could happen? Pullback towards 30K or Sideways movement

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What happened? 1. US Inflation Data - Offers Breathing 2. Support at 200 EMA 3. 50 Lac Put Contracts at 19000 4. Full Moon Effect Support & Resistance? Bottom of the tight channel - 19200 Support - 18600 -18850 Range & 200 EMA

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As per CNBC report, It is noted that BTC has Lowest Volume participation in Last 4 Years. "The U.S. regulatory crackdown on crypto combined with the end of the banking crisis in May (which accounted for much of its year-to-date gains) drove market makers and traders away – and they haven't had a reason to return" But after US 10 years bond yields report,...

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Price Range: 19200 to 19900, tight range, Charactics, Institutional Data: Heavy Selling in past 45 days, the amount is reflected in attached screenshot. Relative strength : Bullish Upside: 19800-19900 is crucial range Downside: Below 19200, Support range 18100, 17400. What should be done? 19200-19900 is NO ACT ZONE