BTC had a bullish rally in the past 24 hours in its mission to break above the psychological mark of $30,000 again. However, the resistance present at mentioned price level is proving to be too strong for the world’s largest digital asset. On the Fibonacci retracement table, the price level broke above all the levels. The Relative Strength Index (RSI) suggests...
As discussed earlier in my ideas, it was said that if nifty managed to climb above 10900 marks and sustain on it that can be a strong bullish sign. On the last trading day of the week, nifty successfully closed above 10900 after having a significant correction to the level of 10600. The index has triggered the level of 10900 for the third time which resulted in...
We are witnessing a significant correction in the market today. After a significant downfall in yesterday's market since early June, the market finally corrected itself yesterday. However, in today's market nifty has again climbed above the level of 10700. But still it looks like the bulls are having a kind of advantage in the market because the market is kind of...
Most of the mid-cap Indian equities have taken a hit from the current COVID-19 scenario. However, there have been some of the stocks which have shown immense recovery signs in the pandemic and can be a safeguarded investment for this year. It's quite general that the sector which is expected to be unshaken during this time is FMCG. However, if the economy of a...
