Overall Structure : Downtrend Index components : Bearish Correlation FGI Sentiments : Neutral - 69.04↓ Indian & 46↓ Global Insider Data : Bearish, PCR: 0.60↓, IVP: 45↑, Low IV: 17.0↑, VIX: 19.03↑ (24/29)↑ ↑Up : 17620, 17710, 17800. 17900, 18000. ↓Down : 17400, 17270, 17160, 17050, 16950. Market Opening(*Expected): Gapdown Conclusion/Activity : Short...
Overall Structure : Uptrend (Overbought) Index components : Bullish Neutral Correlation FGI Sentiments : Greedy - 80.21↓ Indian & 55↓ Global Insider Data : Neutral, PCR: 1.09↓, IVP: 1↓, Low IV: 14.9↑, VIX: 17.35↓ (19/25)↓ ↑Up : 40000, 40300, 40600, 40900. ↓Down : 39200, 38900, 38500, 38100. Market Opening(*Expected): Gapdown Activity : Short Buildup/Short Covering...
Overall Structure : Uptrend (Overbought) Index components : Bullish Neutral Correlation FGI Sentiments : Greedy - 80.21↓ Indian & 55↓ Global Insider Data : Neutral, PCR: 1.21↓, IVP: 8↓, Low IV: 12.4↓, VIX: 17.35↓ (19/25)↓ ↑Up : 18000, 18050, 18100. 18160, 18230. ↓Down : 17900, 17850, 17800, 17750, 17700. Market Opening(*Expected): Gapdown Activity : Short...
Can SPX Continue to Push Through a Wall of Resistance? Like many other global indices and liquid assets, the S&P 500 (SPX) has had a powerful rally off June 17, 2022 lows. This rally coincided with the July 2022 FOMC meeting and presser—the rally increased in the days preceding the FOMC meeting and then continued in earnest afterwards. This post will not...
Overall Structure : Uptrend (Trend weak) Index components : Neutral Correlation FGI Sentiments : Greedy - 80.51↑ Indian & 57↑ Global Insider Data : Neutral, PCR: 1.39↓, IVP: 15↑, Low IV: 13.9↓, VIX: 17.68↓ (19/25)↓ ↑Up : 17850, 17930, 18000. 18050, 18100. ↓Down : 17770, 17700, 17650, 17600, 17550. Market Opening(*Expected): Flat. Activity : Short Buildup/Short...
Technical Analysis (TA) ZDGE has been significantly beaten down and is now trading at a significant discount with a highly probable mean reversion play to 4.45 and 6.44. The daily chart is showing resistance above 3.55. A break above this area should signal a momentum shift which will result in us hitting one of the two mean reversion/retracement zones. The...
The market has been moving higher nicely over the past few days, particularly in growth and tech stocks, however, throughout today's session we saw that momentum reverse with a large number of outside reversals and stocks trading from green to red. Most short and medium-term trends remain in tact higher.
Overall Structure : Uptrend (Trend weak) Index components : Neutral Correlation FGI Sentiments : Neutral Low Risk - 77.24↑ Indian & 53↑ Global Insider Data : Neutral, PCR: 1.15↓, IVP: 13↓, Low IV: 13.5↓, VIX: 18.35↓ (20/26)↓ ↑Up : 17710, 17800, 17850. 17900, 17950. ↓Down : 17630, 17530, 17450, 17400, 16300. Market Opening(*Expected): Flat. Activity : Short...
Overall Structure : Uptrend Index components : Bullish Neutral Correlation FGI Sentiments : Neutral Low Risk - 70.38↓ Indian & 49↑ Global Insider Data : Neutral, PCR: 1.39↑, IVP: 34↓, IV: 15.9↓, VIX: 19.30↑ (22/28)↓ ↑Up : 17600, 17650, 17750. 17850, 17950. ↓Down : 17350, 17250, 17150, 17050, 16950. Market Opening(*Expected): Flat Down/Gapdown. Activity : Short...
Technical Analysis Scenario 1 - Bullish Price has bottomed at $150 with a mean reversion play to $192-$230 depending on which resistance level holds above. Scenario 2 - Bearish The next few weeks will determine if we have a long entry above $170 (if price breaks above). If it resists at the $170 -$180 level then we have a continuation to $150 or a...
Technical Analysis Weekly and monthly stochastics have flattened out and price seems to have bottomed out. We are seeing first signs of reversal on the daily chart with plenty of room above (upside of +75%). Price Target Early Entry: 0.27 Breakout Entry: 0.33 Price Target 1: 0.35 Price Target 2: 0.48 This is a pure technical play. We will need a...
02-Nov-2021, (Dhanteras) Diwali Pick - COAL INDIA (Rs.169) Please do your own research as well before investing
Technical Analysis Price bottomed out 3 weeks ago and the RSI + William %R Price broke out the daily channel last week and has been consolidating above the 1D 50EMA. There is a good zone to buy before a further push above 76 and potentially 90 Price Target Entry: 71-73 Target 1: 76 (+5%) Target 2: 88 (+20%) Analyst Targets: 101 (+40% Financial Metrics...
Technical Analysis (TA) Weekly chart is oversold with William %R and RSI showing early reversals signs. 1D chart is forming a wedge and price is squeezing before a potential reversal about $70. Price Target Entry: $70+ breakout out Take Profit: $100 (+40%) #tradeidea
Technical Analysis (TA) Weekly oversold and needs a break above -20 William %R to start a potential mean reversion play to $3.50 Lacks a catalyst so it will be worth waiting until the end of this week to see how price responds to the 1D 50EMA level. Price Target Entry: $2.15 Target 1: $3.38
Technical Analysis ( TA) Weekly William and RSI look very oversold so I am expecting a mean reversion to at least 0.20 Daily chart is showing initial signs of the mean reversion/reversal but its not let confirmed on the reversal until we cross the 50EMA. Price Target Entry: 0.175 - 20.5 Target 1: 0.25 (+40%) Fundamental Analysis (FA) Financial...
Technical Analysis (TA) Weekly bottomed out with crossover on RSI and William %R) Daily breakout has signaled a shift in momentum. However, there has been previous resistance at the 100EMA level so I expect this to come back down to EUR 9.2 for a higher low before a push upwards to $11 + Price Target Entry: 9.10-9.30 Target 1: 9.76 Target 2:...
Overall Structure : Uptrend Index components : Bullish Neutral Correlation FGI Sentiments : Low Risk - 73.69↓ Indian & 45↓ Global Insider Data : Neutral, PCR: 1.03↓, IVP: 53↑, IV: 17.9↑, VIX: 18.45↑ (21/28)↓ ↑Up : 17450, 17550, 17670. 17800, 17930. ↓Down : 17240, 17150, 17050, 16930, 16830. Market Opening(*Expected): Gapup Activity : Short Buildup/Short Covering...