Sniper-Traders

Sniper-Traders

Jewellery business has a lot of growth potential in India. Since Titan is one among the market leaders and there is a lot of unexplored and untapped opportunity in the unorganised section which is currently under the local players, Titan have a lot to grow as a business, in the future. So looking forward to buy at the bottom of the channel targeting the highs...

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Airline sector is quite a risky business especially in the current market scenario. The major two players in this sector is Indigo and SpiceJet. Once Covid situations resolve we can expect the share price to rise. Quite a risky bet. So very cautious about adding into the position and will not add until the price crashes to the bottom of the ascending channel which...

Sniper-Traders

Indigo Airlines is a market leader in Airline sector in India. Currently the price is in a channel. Looking forward to buy the stock if it touches the bottom channel line again in the coming days and will be targeting a profit of about 20%. If price crashes, then will be adding on to the position only if it falls to the bottom of the ascending channel.

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Expecting dxy to push higher and then crash eventuallly.

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The price may rise to the double top levels in the shorter time-frame and form a channel formation. But there is a higher probability to make a double touch on the lower trend-line of the channel before moving further up.

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Crypto has been in a FOMO rally for the past few weeks. So the current crash may trigger a fear in the crypto market and this may cause a rapid sell off. Will be closely watching the bottom of the ascending channel for a dip buy.

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Will be buying the stock if the price touches the ascending channel line support in the coming days. Will be targeting the double top levels for a profit of about 33%. If price further, then will be adding onto the positions only at the levels mentioned in the chart.

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WIll be interested in buying EOS if price crashes to the previous support levels of the channel.

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Technically the stock is approaching a price level of key support and there is a very high probability for a reversal of the trend from those levels.

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Structurally there is a very high probability for the previous price pattern to get repeated in the 4H time-frame.

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XRP also made a downward move as predicted on NOV 2. Now there is a higher probability for a move to the previous resistance level in the coming weeks.

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Bitcoin has reached the key area as was predicted in NOV 2. Now there is a higher probability for a bullish move. If the level is not held then it may fall to the second level of support and then move back up.

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There is a higher probability that the price may test the previous lows in the coming months if no other fundamental catalyst is involved. Then there may be a price surge to about 50 % before making any further corrections.

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A massive uptrend was seen in the market from 20th September. From the previous price pattern there is a higher probability for the market to make a correction and test the previous support trend-line before making an upward move. The scenario might change if any radical measures or policies to revive and boost the economy is made from the government side.

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The share price of tata rose about 35% in the previous week and about 74 % from the lowest traded price on last month. So a major profit booking is evident and there is also a higher probability for a deep correction.

Sniper-Traders Updated 

XRP is going to test its previous lows which is an area of major support. This level was reached two times in the previous months. This level was formed on the second week of December 2018 and was tested initially on last week on January 2019. If this support couldn't hold then the market will further go down to the support formed on the second week of August...

Sniper-Traders Updated 

Litecoin has entered into the corrective phase of the Elliot Wave Pattern. Wave A began yesterday with the bears taking control of the market and the market suffered a major drawdown. The downtrend is going to continue all the way down until it finds support around the 50-day moving average at a price of about 37.29. This can be a good entry point for going...

04:03

Sniper-Traders

Litecoin has entered into the corrective phase of the Elliot Wave Pattern. Wave A began yesterday with the bears taking control of the market and the market suffered a major drawdown. The downtrend is going to continue all the way down until it finds support around the 50-day moving average at a price of about 37.29. This can be a good entry point for going long....