TVC:DXY just gave a breakdown. On can attempt for any kind of long position, only near 96-94 zone.
NSE:SUVENPHAR is breaking out. Looks like, it is aiming at all time highs, if it can clear the over head supply zone. It has formed cup and handle like pattern.
NSE:MFSL is currently in a trading range. One can trade for the upper/lower end of the ranges here.
Clearly NSE:UBL is in a range. Today's action is indicating the test of the lower end of that range.
Currently the stock is in a defined range. One can use these levels for trading purpose.
NSE:JUBLFOOD is facing resistance near the supply zone . People carrying long positions can start to hedge their positions with Call short / Put Long , here to protect their gains.
NSE:VEDL has witnessed a gravestone doji formation at the supply zone. Looks like NSE:CNXMETAL may pause its rally from here.
NSE:RAMCOCEM may pause its uptrend from here. It is clearly under selling pressure today, as it has seen some strong bearish close going into the close.
NSE:ICICIBANK has formed a gravestone doji near the supply zone. Use these levels for coming days...
Currently, after completing its inverse head and shoulders pattern, NSE:COROMANDEL is testing the previous supply turned demand zone. If this zone provides required support, then it can potentially reach 800 levels.
If NSE:GRANULES can break through the over head supply zone of 180 to 189 levels. This potential cup and handle pattern indicates, for a potential all time high levels.
It is quite evident, that if NSE:RELIANCE clears the over head supply zone then it can potentially reach 2120 levels.
This is a comprehensive overview of Bitcoin behaviour prior & after it's first 2 halving phases. Currently it's has formed a Triangle / Pennant pattern & seen to have taken support over its weekly 200 moving average . Let's see what's in store for it.
On a weekly time frame, NSE:DMART is at a very critical juncture, breaking the high of the last weekly candle would boost the confidence in the long setup. Diwali Pick.
Don't be a fool by accumulating NSE:RELIANCE at these levels because of the results, jio, blah blah....... Remember the level 655, it would come down there some day. Accumulate then only...... Currently, just trade, don't invest.
As IT sector, already had it's much-awaited bull run this year. If already invested in NSE:INFY , then with the Q2 2018 results you can exit or short at around 720 levels for a target of 590 odd levels. Must start accumulating it from around 590 levels and buy on every dip from there. Note: Also it formed a Bearish Engulfing on a monthly time frame
According to Fibonacci levels, it is good for shorting as it is retracing from 23.8% levels
Making higher high. Self Explanatory