Buy BTC with a T1 of 10500 and T2 10700. Keep stoploss of S1 9660, S2 9000. How to take action as per my recommendations: T1= target 1, T2= target 2, S1= stoploss level 1, S2= stoploss level 2. is you buy at 5000 with T1 =5200, T2=5400, you should sell half at 5200 and sell another half at 5400. If we have S1=4900 and S2=4800, and the price starts moving down...
Nifty has been forming lower lows in RSI since a few months. RSI shows negative divergence in weekly chart implying tendency to further move down. Next 4-6 weeks are crucial to decide if Nifty will resume a clear uptrend
USD/TRY is expected to breakout or breakdown from triangle pattern. reducing volumes shows indecisiveness of the market. May take two to three months to take a clear upward or downward direction. upward target 6.0 , downward target 5.5
Yes bank has been falling with high volumes. There is strong support at Rs 29 level. If it breaks, we have strong support at 25 which is unlikely to break in near future till some really bad news comes in.
As seen in BTC weekly chart, it is trading around the 50 EMA. RSI is at 44. Can fall further. Important support 6772. If hat also breaks, it can fall to 6190 but probably not expected to break it. Revival may take a few months.
The stock fell sharply around 8 July and had been weak. But in the last session, the stock has crossed important levels of 1100 and 1140. It has entered a bull phase and will have up trend till its above 1104.
The stock jumbed aroud 14 August based on several positive announcements by the company. However, it failed to sustain the upmove and fell sharply on 3 Sep 2019. The stock is unable to enter positive RSI zone of >50. It is hovering around support of 1195. If this breaks, second support is at 1175 . If we see an upmove, there is strong resistance at 1242-1270 zone.
Nifty is in a neutral zone and is doing sideways movement. It went above RSI 50 few days ago but could not sustain. Support is at 10710 . Resistance is at 10950. Nifty is well below 50 EMA. Short term trend is down.
Gold ETF can be used to see the trend of Gold. The way jump from sub 140 level to significantly higher than 140 at 143 has taken place in early August, we have signs of the overall sentiment as strongly bullish. With RSI hovering around 60 in past 2 months, it is evident a strong uptrend is present. At the moment, we can see the strength declining and we can...
Dow Jones is comfortable above 26000 which was a key level. The was gap up has happened in the last session is the indication of strength. It is now above 50 EMA which is another sign of strength. With RSI above 52, we are in bull phase as of now. Next resistance expected around 26700.
Nifty had found stability around 11000 in the past week. Levels of 10950 and 10820 are important. RSI is rising but still far from 50 at 46. Sustaining above 11020 for a few days will give strength to move towards next key level 11250 which will act as resistance.