1. Price reversed from the Major Support Zone. 2. Price Action also shows Breakout from the Descending Wedge; Bullish Reversal Pattern. 3. Breakout is Supported by Volume Spikes. 4. Long Position can be created for next 6 months based on Time Cycle. 5. Stop Loss 1320 and Target 2500.
1. Wipro recently broke the Bearish Trendline. 2. After that Stock is Forming "Higher Highs" and "Higher Low" indicating Bullish trend. 3. Momentum is also supporting the Trend as per MACD. 4. Recent price action shows Volatility Squeeze by formation of Pennant. 5. Buy Trade can be initiated with stop loss of 400.
1. Mahindra and Mahindra Finance continues to shows Bullish Trend on higher Time Frames. 2. Stock recently made pivot low and reversed from upward Trendline. 3. Currently level also show display Polarity ; previous resistance is now Support. 4. MACD shows bullish Crossover indicating positive momentum. 5. Long Trade can be initiated at current levels with Stop...
1. Uptrend Started in Mid September after a long Divergence. 2. Price have made series of Higher Highs and Higher Low since then. 3. MACD continues to shows Bullish Trend and Momentum have picked up recently. 4. There has been Volume Spikes twice recently at the level of 4000 acting as Strong Support 5. Formation of Dragon0-Fly Doji give Further conformation of...
1. Price has give breakout from the long consolidation on Weekly charts. 2. MACD line is above ZERO indicating uptrend. 3. Momentum has picked up. 4. Volume spike gives further conformation. 5. Entry should be made on retesting of the breakout level using Daily time frame. 6. Target equals the length of trend starting from the base till start of Rectangle project...
1. Bitcoin is currently exhibiting a text example of Time Cycles in Play. 2. Staring from the All Time high Bitcoin is following a Cycle of 73-days which can rounded off to 75. 3. Cycles can be difficult to identify because they get lost in TREND. 4. Long Term Trend is bearish until price breaks the pivot high of previous cycle.
1. Breakout from the accumulation phase. 2. MACD crossed above zero. 3. Increase in 10-day Avg Volume. 4. Price is retesting the breakout level. 4. Good time to buy with Tight StopLoss.
1.Breakdown from the upward sloping Trend-channel can led to bullish move in the overall Stock Market. 2. If the VIX reverses from the support level, Market can see sharp correction.
1. Stock has recently made All Time High and crossed wave 3 Resistance with strong Momentum. 2. Wave 4 terminated at first Fibonacci support level of 23.6% from the start of Wave 1. 3. Using the Fibonacci Trend-based extension from Wave 2 up-till wave 3, Wave 5 is expected at 0.618% of wave 4 extension at the price level of 100.
1. Stock has broken previous resistance at 145 levels. 2. Stock is showing uptrend and positive momentum as per MACD. Please refer to the attached link of more details on the indicator. 3. Stock has reversed from the most important fibonnaci levels of 61.8 % giving further conformation of reversal. 4. Target is all time high of 193 and stop loss just below the...
1. Current price is near the support of long-term Trend channel and Momentum is picking up as per MACD. 2. Price had a breakout from Short-term downward Trend line with Volume spike giving further conformation. 3. If Price respects the Trend channel, Price move up to Upper line of the channel with target of 370 and stop loss of 210.