psumita108

psumita108 Updated 

There was a breakout on the weekly chart with volume confirming the movement. If you look at daily chart it shows that there is a retest that is witnessed and it is likely to move +ve tomorrow as there was a MACD divergence was noted on 3hr chart with doge candlestick formed at the new support line. If you want to buy than this is the right time it's just that...

psumita108 Updated 

There is a breakout that is about to happen once the candle stick close above the resistance line and the next candlestick starts from the closing of the previous candlestick which is going to confirm the breakout for the script. Take positions according to your analysis after the breakout is confirmed. Never to forget to apply requisite SL to avoid whipsaw by...

psumita108 Updated 

Monday is going to be decisive day for confirming this breakout which is a weekly breakout and which are more reliable than daily breakout. The closing was above the break even point so we'll have to wait for the opening of the script to remain above the resistance line to look for a new one and turns this resistance point into a new support line.Do apply...

psumita108 Updated 

Do apply requisite stop loss to avoid any sort of inconvenience. more details will be updated soon

psumita108

The triangle that has formed on daily chart indicates that the script is in sluggish market. There is always calm before the storm and that is what we can witness here as the script is moving in sideways. The turns from the trending lines confirms that they are strong enough to hold script within its limit wait for breakout or break down so you can follow a new...

psumita108 Updated 

There are multiple timeframe is used to confirm the setup. The weekly chart show the uptrend with daily chart show the breakout from the previous months high. The pattern that has formed is bullish marabozu which took the support at the level of the breakout which further indicates the upside move. more details will be updated later by night stay on!!!!!!