BTC 1TF :
keeping above "41.82$" price likely to head towards 44.3$ else the next shift on the downside would be 41k$ & 39k$ which further keep crypto sentiment downside on coming up week as well....
Crypto Market has no strong confirmation of reversal.
Bitcoin volume since one month looks low and a bit worrisome. Until it is in the channel and a good bounce back from 28k $ level will pick the market momentum, a breakout on downside will test 19K $ and blood bath will witness once again.
Key SAR level are
R1 / R2 : 36k$ / 41k$
S1 / S2 : 28k $ / 19K$
Nifty has been taken multiple supports at 15630 level which can act as strong support.
To trade on 9th july likely scenarios :
A good bounce from 15630 a possible projection upside would be 15750
or
Breaking the support line following level would be 15460 on the downside.
Nifty forming ascending triangle pattern.. possible breakout can be upside for this 1st week of july. one can go long if strong volume is identified at breakout point.
view is simple and straight forward.
Apollo Tyre:
Daily TF is making higher lows signaling
an upside momentum, some demand should show up in volume..
But one has to wait and see if it gives a
breakout and move side ways or move up.
Avg days for a move of 70rs has taken 50days.
if its bullish it has to reach 290 level in another
2 months.
At the Friday's close demand slightly slipped away, if the May25th day move is break out of channel 1 & 2 , may reach level of 427 in coming days, else will be a gap down and retrace the yesterday's 4.33% move and be traded in the 1st channel
