The recent move by Nifty 100 signals a new phase of the Bull market will start soon. Trendline resistance has been broken with a wide-ranging candle signaling another secular bull rally in the new year.
Happy New Year to all.
Castrol, after months of consolidation showing strength and possible trend reversal. The stock has decisively broken out of the trendline resistance on weekly chart supported by rising volume. Prior Highs can be the potential targets. (marked on chart). Follow me if you like the ideas.
NOTE- Do your own analysis before taking the trade. This is not a "buy" or...
On 2 Hr time frame, Bitcoin forming a clear inverted Head and Shoulders pattern. Wait for neckline break and possible retest of the neckline. The target can be height of head projected after the neckline.
Please enter only after break of neckline and possible confirmation.
Amber trading in tight ascending channel. Showing lot of strength after taking support from the lower end of the channel. Long entry can be considered for target upto the upper band of the channel. Keep on eye on the overall market sentiments too.
Amber trading in a upward ascending channel. Currently showing lot of strength after taking support from lower end band of the channel. Long entry can be considered for target upto the upper band. Keep an eye on overall market sentiments too.