Somany Tiles is consolidating well in the 15% range after a significant run up. Anchored VWAP drawn from the last top is well below the current price acting as a support. Volume profile from the last low shows that most of the action happened here in this range only. Its a safe buy above the box or one can buy now if he can hold
After watching continuously the chart of spice jet..i feel that something is cooking in this stock..as you can see there are three instances of a shakeout. A shakeout this frequent can give an idea of someone accumulating and kicking weak hands out at the same time. i believe its a buy above 75. for a target of at least 50%
Consolidation of 15 Months. Now well above anchored vwap and Value area(70%) of Volume profile
This Bank is setting up well for the target of 175 and 210 Stock is consolidating in a tight range for long and it having not joined the bull party yet could also be the reason for this run Entry 160.25 SL-147.5
Breakout of triangle pattern with closing below POC Increase of OI and highest call OI at 10000
Divergence on hourly and bearish flag on daily Short below 515 for target of 400 with Sl of 545
It has broken rsing wedge channel with divergenc in RSI... also huge call writing at 180 and steep rise in future OI confirming the trade..
POC acting as resistance Addition of Call OI at 290 and 300 capping the upside Breakdown of RSI from triangle pattern Price at lower trend line of triangle...once breaking the line tata steel could be a good short
Price is making lower low on closing basis but there is positive divergence on RSI and %BB(Meaning volatility is down),One can go long on any fall or from here. *Read wycoff analysis for better understanding According to wycoff one more day of selling can come with highest volume...it can go as low as 2080-50
BTC has broken the lower line of wedge ,RSI trendline is also broken..if volumes comes it can easily go down to 3800 One can short it with SL of recent swing high.
Bitcoin after making a bear flag pattern has broken the lower support trendline with spike in volume suggesting distribution. One can short with a stoploss of 6500 for the target of 4000.