Indian IT Sector is very close to the breakout area.
This breakout from the falling bear channel is also supported by RSI as we can see the Higher Highs and Higher Lows formation.
Look for an entry in fundamentally strong leaders of this sector.
!!! This is not an investment advice and do your own due diligence before investing/trading on any script !!!
!!!...
Infosys is making a series of lower highs and lower lows for the past 70 days, whereas the RSI is continuously making higher highs and lower lows.
This divergence can be spotted easily on the Daily Timeframe.
Also, we can see a bullish closing on weekly basis.
We can see an upside momentum in this stock soon.
1420 level can be taken as a stop loss
1450-1470 is...
This script is forming Head and Shoulders formation on Daily and Weekly Timeframe.
We can initiate a short position on this script when a daily candle closes below 350 level neckline.
Stop loss for this trade can be placed above 380 levels.
1st Target: 290-300
if this major support of 290-300 is breached then we can see much more lower levels around 220-250.
Risk...
There's a clear indication of bearish divergence in this script as we can see here Price is making Higher Highs and the RSI is making lower Highs.
Also, there's a retracement pending after the 10-year breakout of the price from 2008-2010 Highs.
We can see 160 levels in the coming months for this script.
This analysis is purely for educational purposes!!!
Please do...
This is not an investment advise!!!
Inverted Cup and Handle is formed on hourly timeframe on BTC
Price can retest the support line before achieving target levels of 43000-43500.
* I'm not an expert analyst. This is something is just learnt, so I'm sharing this with public.
If you guys find anything wrong with this post, you can tell me about that in...
This is not an investment advise!!!
Head and shoulders pattern formation on SOL on a DAILY timeframe
Target should be around 120-130 levels
* I'm not an expert analyst. This is something is just learnt, so I'm sharing this with public.
If you guys find anything wrong with this post, you can tell me about that in comments.
Have a nice day!😄
This is not an investment advise!!!
Head and shoulders pattern formation on BNBUSDT on a hourly timeframe
Target should be around 520-525 levels
* I'm not an expert analyst. This is something is just learnt, so I'm sharing this with public.
If you guys find anything wrong with this post, you can tell me about that in comments.
Have a nice day!😄
This is not an investment advise!!!
Head and shoulders pattern formation on LUNA on a hourly timeframe
Target should be around 54-55 levels
* I'm not an expert analyst. This is something is just learnt, so I'm sharing this with public.
If you guys find anything wrong with this post, you can tell me about that in comments.
Have a nice day!😄
This is not an investment advise!!!
Head and shoulders pattern formation on ethereum on a Daily timeframe
Target should be around 3400 levels.
* I'm not an expert analyst. This is something is just learnt, so I'm sharing this with public.
If you guys find anything wrong with this post, you can tell me about that in comments.
Have a nice day!😄
