CadilaHC has given a breakdown from a descending triangle and a confirmation is awaited in the hourly TF. Potential Target of 425 and thereby it could retest the support zone at 425 level, view is negated above 465
Hbar has given a breakout from a consolidation of almost 6 months and is in price discovery zone in BTC pairing, soon same will happen with USDT pairing too. Overall a bullish market structure and 1$ seems to be on cards
Avax is moving in a bullish flag and a breakout seems plausible with today's close with decent volumes, this breakout could lead to another leg up and might take it towards 80+ level. Fingers closed as of now let's see how this pans out.
Bharti Airtel has given a breakout in weekly chart from Cup and Handle Pattern for a target of 800+
Buying levels CMP/650/600 levels with a SL of 550 on closing basis
Volumes are also decent.
VeChain (VETUSDT) has given a break out after a 3 week consolidation. Since its crypto and we are in a bull run 3 week consolidation is good enough for the next up-move. It might retest 0.06 level before moving up. The volume is also building up in this up-move from 0.04 level and it seems that 0.09 level is on cards.
Ethereum moving in a symmetrical triangle pattern and is consolidating near its short term resistance zone. If it starts trading above 1690 it looks good till 1830 level.
LINK has given a breakout from symmetrical triangle pattern in 1H timeframe for a target of 28.25 in the short term. Let's see how the view holds.
Disclaimer: - These views are for educational purpose only and not a recommendation.
Coal India is in a down trend since long and like most of other public sector stocks is in a deep sleep. But the recent price action suggests it might be moving towards forming an Inverse Head & Shoulder. Things are still far from any kind of confirmation but have to keep an eye in the stock for next few weeks for any breakout.
BNB is consolidating in a nice symmetrical triangle pattern and it seems that it is trying to give a breakout in the 2H time frame. Once it breaks 135 it can shoot up first 170 level and then maybe if the DEFI boom continues in the Binance chain then 200-220 level.
Disclaimer: - These views are for educational purpose only and not a recommendation.
Bitcoin (BTCUSD) has given a breakout in 2H chart from an ascending triangle pattern. it also seems like a Bullish pennant. First target is likely around 53000 - 54000 level while the second target as per bullish pennant is around 57000.
Stop-loss can be kept around 46000 levels.
Disclaimer: - These views are for educational purpose only and not a recommendation.
BankNifty is try to break down from a rectangular channel, if it breaks 35610 and starts trading below it then a fall towards 34250 is possible. View gets negated if it moves above 35900 level.
Disclaimer: - These views are for educational purpose only and not a recommendation.
Bitcoin its testing its important support level at 38000 USD. If it breaks it and moves down then next level is 35000 USD else if it moves up from here then next stop is ATH at 42000 USD. Let's see how it pans out.
ADAUSD is moving in a symmetrical triangle pattern and has retested its support and resistance quite a few times. There are chances for a breakout in next few days. Let's see how it pans out.
Disclaimer: - These views are for educational purpose only and not a recommendation.
ETHUSD moving in a ascending triangle pattern and has to give a daily close above 1450 for moving further. It seems by this month end this close is possible. Let's see how this pans out.
Fingers crossed!!!
Disclaimer: - These views are for educational purpose only and not a recommendation.
JSW Steel is moving in a Head & Shoulder pattern but is yet to give a breakdown. If it sustains below 392 then it may fall till 365-370 level. View is negated if it moves above 408.
Disclaimer: - These views are for educational purpose only and not a recommendation.
