Technical Analysis and Outlook: In this week's trading, the S&P 500 hit our anticipated resistance level of 5323 and retested the completed Outer Index Rally of 5342. The index is prone to drop to Mean Sup 5325 and possibly to the next level of Mean Sup 5285 before continuing its journey to the next Inner Index Rally 5408.
Technical Analysis and Outlook: In this week's trading, the Eurodollar has completed our Inner Currency Rally of 1.091 and reverted sharply to our designated target of the Mean Sup 1.080. The currency is expected to continue its downward trajectory to Mean Sup 1.075 with a follow-up Dead-Cat rebound to the reverted resistance level of 1.080 (Previous Mean Sup)....
Technical Analysis and Outlook: Bitcoin has completed our designated Intermediary Squeeze Rebound 71500 and is on its way to continue the downward movement to a Mean Sup 67500, where we are expecting a Bull Stage movement to take place to retest the Mean Res 71500 and Key Res 73200, respectively.
- We posted the initial analysis of Tech M on March 5th, 2023 which can be accessed below. - Given that the price action changed with time, we decided to post the updated price action for the ease of our followers - The chart is pretty self-explanatory - The Price action is similar to that of NSE:WIPRO . The price consolidated for over a year and finally...
The chart is pretty self-explanatory as always :) What do you make of this price action? Have Requests, Questions, or Suggestions? DM us or comment below.👇 ⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or...
Here are things you should know: - 14 months of pure sideways consolidation - Clearly defined support and resistance - 6 Week consolidation at the resistance zone makes the resistance weak - Volumes have died out. That usually happens when the price consolidates - Investing in such companies is a matter of trust and confidence in the company and its management....
The chart is pretty self-explanatory as always. Also, as usual, below are some good-to-know pointers: - The stock has been range-bound for 2.5+ Years with clear support and resistance - The 2000 mark holds a strong resistance - The stock has a death cross on its daily chart - The PE has slightly improved - Now to the breaking news: - Mr. Uday Kotak has resigned...
The shareholding pattern of a company refers to the distribution of its ownership among different categories of investors, including promoters, Foreign Institutional Investors (FII), Domestic Institutional Investors (DII), and the general public. The ideal shareholding pattern can vary depending on the nature of the company, industry dynamics, and regulatory...
Hey There! The chart should tell you everything you need to know about NSE:BALKRISIND Below are some additional pointers: - Huge candle breakout: Such breakouts usually show exhaustion and loss of momentum - Volatile long wick candles: The recent 3 Month consolidation at the resistance zone shows indecision. - RSI has a Bearish Divergence (-Ve) - MACD...
- All time high was tested 3 times - Recent rejection from All time high - Finally the price broke ATH, with a good momentum candle. - PE looks good. Disclaimer: Please note that we are not registered advisors and the views expressed here are solely personal opinions. We strongly recommend consulting with your financial advisors before making any investment...
Hi guys, In this chart i Found a Demand Zone in IDFCFIRSTB CHART for Positional entry, Observed these Levels based on price action and Demand & Supply. *Don't Take any trades based on this Picture. ... because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank you
NIO, a stock we've previously analyzed and profited from, remains highly volatile and is currently trending downwards. From its all-time high of approximately $67, it has plummeted to $5.21. This drastic decline occurred over just a bit more than three years, which is relatively short in the stock market. Several factors contribute to this volatility. Firstly,...
On the Visa daily chart, we can see that the ABCDE correction completed Wave (4) at $174.60. Since then, the stock has been moving upwards towards Wave 3. We expect significant gains for Wave 3, but a short-term correction might still be necessary. From November 2023 to March 2024, Visa experienced a strong upward movement. Currently, we are in a correction phase...
Page Industries presents a compelling investment opportunity, supported by both technical indicators and robust fundamentals. Reasons are listed below : Technical strengths : The psychological level of 35,000 has shifted from a resistance point to a strong support level, reflecting market confidence in the company's prospects. The formation of a hammer...
Currently showing strength, but I am leaving some capital for the monthly plus weekly level. For futures trade you need to see a higher high for safety. I certainly expect much more prices for Kaspa. Where the bottom will be will be decided by the market. You can see the zones where I follow, so I will make an update
My observation is that the pair BYBIT:BBLUSDT dropping becomes more and more horizontal. This can be a signal for the turn nearing. If it shows a real jump out of descending channel, I waiting forward to the growing phase of this instrument during the next 2 quarters. Does not constitute a recommendation. #furoreggs #investing #currency #idea #forecast...
I believe that the pair BINANCE:MATICUSDT is ready to move up much faster. I propose x10 profit in 3 months. Does not constitute a recommendation. #furoreggs #investing #currency #idea #forecast #trading #analysis If you want to discuss, please subscribe and challenge this point of view. If you want to get more, please join my channels
🚨 Stock Update: TATAMOTORS 🚨 Date : 16-05-2024 TATAMOTORS breached major support today due to heavy selling pressure and closed at 936.40. I expect the stock to consolidate for a while, which presents a good opportunity to accumulate. I'm bullish on this stock and plan to buy small quantities below 930 with a stop loss at the next support level (872.10) . My...