Previous price history as shown that returns occur accroding to the trend line that is formed. Waiting for Friday to confirm if the bearish Hammer Pin bar will be formed or not. Just calling it how I see it.
BAJFINANCE - Mean reversion at GAP accompanied by bullish divergence One can go long with a SL of last swing low. Min target = 6800
IOT / USD: 10% within 2 weeks? IOTA, the cryptocurrency that had great potential last year continues to be in trouble. Based on its trend and MACD, we expect a decrease of about 10% in the next two weeks. Trade safe!
Technical: Given breakout from Monthly time frame and PSP is ready for entering into new zone. expecting a bullish movement till 1050. Fundamental: As they are having lots of INfra Projects on hand, Growth is expected in this company.
Awaiting announcement holding off on bulls going up to the target just watching until it hits area of interest. like if you like the idea comment feedback or tips :)
Strong bullish chart formation in TGV Sraac Ltd (TGVSL). Expecting 200+ levels.
DXY VS GOLD - Correlation Candle charts = DXY Yellow chart = Gold Watch out for this correlation. Whenever, DXY has topped out, Gold has given a massive rally. Finally, Look at the recent red arrow. DXY seems to be topped out again followed by a sudden rise in GOLD. Can GOLD rally once again?? P.S - Just a visual.
Technical Analysis and Outlook Outer Index Rally 4140 is currently postponed. The downtrend sentiment points to a newly created Mean Res $3965, with the possibility of a support level of the Mean Sup 3860 emerging first as the primary target destination. The upside target to the Mean Sup 3965 is probable once the dip to the Mean Sup 3860 is completed. Of course,...
Technical Analysis and Outlook: The euro dollar hit our target of the Mean Res 1.0585 twice this week. Advancement to the Key Res 1.0780 is getting more realistic and inevitable. The upcoming prevailing down path points to the new Mean Sup 1.0450 and extended Mean Sup 1.0330. However, once the current down sentiment occurs, a furious decline to the additional Mean...
Technical Analysis and Outlook: Bitcoin is continuously (Very slowly) advancing toward our leading destination of the Mean Res $17,600 and subsequently to the Outer Coin Rally of $19,100: However, the pullback to Mean Sup $16,700 is very much likely before further upward advancement. The retest of the Key Sup $15,850 is low at this time, pending the above scenario...
XAUUSD H1 - Alerts set for $1780 price, we have seen some really nice play from gold since the start of the week. Solid bounce from $1770 for 100 pips, retest of $1770 for another 170 pip bounce, then a retest of $1780 before testing $1790. Looking for $1780 yet again before taking longs. Hopefully this pair continues to unfold as expected.
NALCAST - Rounding bottom Look at this gap This is probably the strongest Gap up that one can locate in a stock. The stock has potential to give multi fold returns here.
DMART - The CRAB pattern The set up offers the best risk-reward ratio. One can enter with SL as point B, for a target of point D.
Market's atmosphere is good and we can have more upward movements in coming days. If it is fail , it is more likely to have some trading ranges after a little correction for a few days! Strong Bearish Bo at current point will increase the chance of falling down! Do not enter until it is completely clear for you!!
EICHER MOTORS - POC Breakdown A structural breakdown with a shooting star candle on weekly time frame. Bears will come to hammer the stock!!
Monthly Chart: This is the monthly chart we have been sharing which shows the structure and the where the move can lead. This monthly candle obviously hasn’t closed yet but its trying to penetrate the resistance level to target that 1830-35 region. We need to keep an eye on monthly support here which is sitting around 1750-65. Please do support us by hitting...
Technical Analysis and Outlook Outer Index Rally 4140 is currently in play. The uptrend sentiment might be temporarily restricted by Mean Res 4085 and Mean Res 4110. The downside target to the Mean Sup 3948 is likely once the major rally to the above outcome is completed. The possibility of additional previously specified support levels will emerge - See previous...
Technical Analysis and Outlook: The euro dollar continues to rally onto Mean Res 1.0585 is intact with the possibility of an extension to the Key Res 1.0780. The upcoming prevailing down path is pointing to the new Mean Sup 1.0330. Once the current down sentiment occurs, a furious decline to the previously specified support level will emerge - See previous chart...