how the market react when %of stock above moving average behaves.
Stay tuned for reversal.
supply almost exhausted for now.
Watch the % of stocks above 50 ema line for a bottom fishing
ethusd on steep fall rate.
probably will happen in 3-6 month
stay away from crypto for another 6 month.
bitcoin will hit 11k-12k soon .
we are still bearish for now .
until we see new life time high in nifty there is no big bull run
Fear & greed index says we are about to see a reversal so lets stock form the bottom
bitcoin and ethusd are in huge selling pressure .
bitcoin likely to hit 11k-13k before any new life time high.
watch the level of 30k if broke then target is confirm.
next target 1500 and likely to form a bottom.
bottom formation can takes month so wait for a clear direction before buying.
no need to buy now wait for year end to see the directions
nifty should bounce back now forfull market to continue else things will change slowly
Good buy @135-150
target possible 300 in a year or more.
only for patience investor .
not for momentum.
buy only at 1350-150 range .
Trying to form a base .
need to breakout above 320 and sustain above that.
watch closely for next move .
Sakuma export breakout of 52 week high forming a new base for momentum buyers.
risk taking investors should buy some quantity in 120-140 range and must hold with patience .
target 700-800 by -2027.
Ethusd break below 2100 on weekly basis will lead to a target of 500-900 range.
this a personal opinion and for study purpose .
broke below 30k level will leads to 15k-13k level .
only if it breaks 30k
nifty trying to form a new base for next phase of market .
stocks already moving fast so use the opportunity.
Tanla has proved himself worthy all the time .
Company works on all the future tech .