hitendravasudeo

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overall 14900 becomes key element from here on. As long as hold 14900 all upper retracement levels market could be conqured.

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SGX NIFTY 4 HOUR Chart Support of 15400 critical for extreme near term. SGX NIFTY make a new historical high. RSI is hitting the overbought zone. Overbought zone can lead to reversal or acceleration up before reversing. Later can develop negative diveregence if support is violated and recover for new high again. Violation of 15400 can lead to retracement of...

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SHIBA INU/USD Daily Chart The entire rally from 0.0000014503 to 0.0000266602 was retraced to 89% and recovered. Resistance is at 0.00001239/0.00001262 Breakout above 0.00001262 can resume a rise to maxium 0.00002979 with intermediate resistance of 0.00001999/0.00002183 reversal will happen if resistance of 0.000001262 is crossed.

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XRP/USD On Daily Chart, RSI almost hit the oversold The current rise more a pullback which can end at current level to 1.24. Once the swing lower top is formed at current to 1.24 then expect the pressure back on 0.64. Subsequently, if fall below 0.63 then expect slide as near to 0.40 If breakout above 1.24 is witnessed then situation will change for a rally...

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ETH USD resistance at 3004. Support is at 2019. Demand zone is 1542-1264. Whenever demand zone is tested could be opportunity for accumulation. RSI still not hit the oversold zone. Best decision making time is in Oversold and Overbought zone. Depending on the time frame of the chart and depending on the perspective/vision of the trader, the oversold and...

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BTCUSD The horizontal lines shows the support at lower levels. Resistance at higher levels. RSI is exiting the oversold zone on daily chart. Consolidation at lower horizontal demand zone can be seen in time to come before moving higher. The demand zone can be 32700-28000. Breakout above 43500 could be difficult immediately. But if the breakout is witnessed...

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Sensex D+ has moved above D- ADX is falling which is the classic illusatration of sideways range bound volatility. price breakout above lower top has been witnessed with bullish candle. If ADX turns up along with the rise and positive candle then we may witnessed a momentum directional movement which may take it towards the lower tops. As long as thursday...

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TESLA HIT 38.2% retracement Make A swing Bottom Form a Morning Star candlestick Pattern Can create near term bullish outlook as long as hold Swing Bottom low RSI exit the oversold Swing Bottom Gets Created Based on Higher low and Higher High L > L1- L1-< L-2 H > H-1 H-1 < H-2 Today body gap up yesterday body gap down If moving average is crossed then trend...

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ISLAND REVERAL PATTERN After significant rise in overbought zone. As long as the gap is not crossed or the peak is not crossed Further upside may not be seen. Immediate bias could be for near term to short term correction before making attempts to move higher above 1091. Upside could be stalled considered the gross under performance of the stock. The March...

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Chart Update

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Looks like a rally in place towards retracement shown on the chart

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S& P 500 Support is at 4114. Negative divergence on RSI has been witnessed. MACD has triggerd its average and its falling down. On fall and close below the support expect correction. A retracement of the rise from 3848 to 4215 can be witnessed. Retracement are 4075-4031-3988. Expect retracement to be tested once breakdown below 4114 is witnessed on closing.

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Correction is for buying as long as 47000 is not violated. Accumulate at 50600-49600 Expect pullback to retracement levels as shown in the 4 hour chart

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the 4 hour chart of SGX NIFTY shows promise if 14200 is not violated provides a sustained up move during the day above 14500. The time frame of the chart is key for the perspective for that time frame. The view and perception will change with change of time frame. Its multi time frame analysis from higher degree to lower degree in line with higher degree time...

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Moving towards the demand zone

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NASDAQ For traders and near term traders, support of 13782 is critical. For traders a fall and close below 13782 can lead to a false breakout story. For positive momentum to maintain, Nasdaq must remain above 13782 and expect rise towards 14901. Even if correction is witnessed below 13782., It will create a higher bottom agains the earlier swing bottom of...

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NASDAQ 100 The last major bottom on monthly chart was in October 2008. Since then Nasdaq has been moving higher with higher top and higher bottom formation. Every correction has made a higher bottom. Even the last correction of March 2020 was just a minor correction in overall up trend. Once again a peak of 13879 has been crossed. The month is not yet...

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NYSE COMPOSITE INDEX Breakout above the January 2020 peak was witnessed in December 2020. The breakout implication suggest the Fibonacci retracement target of 17616 as shown in the chart. Since the breakout in December 2020, the index has shown higher low and higher high on monthly chart indicating positive momentum. Expect the same to continue with intra-day...