iamastudent

iamastudent

Jyotires Monthly Candle closed on raising 10 Moving Avg. Keep in mind that 10 MA on monthly is in a super bullish trend and this trade is for long term. Weekly Candle is near to 50 Moving Avg. Multiple times this was the support it has taken previously. VCP like pattern is in making and volatility is reducing. Daily Candle is near 200 Moving Avg. It looks like a...

iamastudent

Given a strong momentum breakout with good volume. Need to see if this will come for a retest or not, though chances are bit less, but if it does, a buy zone should be around 510-513 with a StopLoss of 5%. If you take entry at current price, SL would be decided on the closing of coming Monday's closing price. Expected Targets are mentioned in the chart, I am...

iamastudent

Disclaimer - Not a buy or sell recommendation, only for educational and learning purpose. Do your own research before putting your money into it. #nureca ltd seems to be bottomed and now accumulation is almost over. Perfect buy zone should be above 480 if weekly price closes above or at that level. Moving avgs are squeezing and now 10MA is above rest of the...

iamastudent

Disclaimer : *** Not a trading or financial advice, these are just my thought. Overall trend is bullish but a healthy pull back around 24700 zone is still pending, unable to break the resistance and stay above 29k zone. Apart from that, I do see a bearish divergence on RSI.

iamastudent

Recently a trend breakout on the chart. RSI - a bullish divergence I am bullish on this trade, but current covid crisis may ruin the party. If all goes well it is gonna hit 48-50 soon. Please DYOR before investment, above mentioned details are just for educational purpose only.

iamastudent

I might sound crazy but as per technical indicators it looks like a price correction is incoming very soon. We might see 56K and 40K levels, but these are my thoughts only:) RSI - Strength is slowly on the decline even after the bitcoin price printed a new ATH on the charts. What are your thoughts?

iamastudent

A trend breakout - This could be a very good swing trade for 1st target of 467 and little long term target can go up to 550. Please keep in mind that corona cases are on the rise so market sentiment can go into a different direction as well so please DYOR before investing.

iamastudent

Most of the indicators are showing selling pressure except the moving average. As per daily chart, it looks like a falling wage. Expecting a support and bounce from the 355 price range as the last gap up area will act like a support. According to my analysis Stop loss limit of 349 should be enough, and it should run a next leg up and form a double top pattern with...