a good momentum play can go up. Although there is a big gap to fill but selling pressure is not there at all. Hece target of 600 looks practical
Over optimistic target but Fib levels shows the same. Target 42270. SL 38150.
This is an counter view of my assessment of daily charts assessment which i feel is now not going to get materialized. on monthly and weekly charts in correlation with RSI. the charts shows next stop as $87000. The institutions entered in the crypto markets will push the markets to next horizon. that does not mean it will stay there but good trading...
The BTC/USDT is attempting 65000 confirmation from RSI and price action indicates the 65000 in range but it will not last as the volumes are not supporting the more upside. either BTC will move sideways and provide safe exit to institutions and go back to 40,000 Range. Indicating bull Trap.
Coming up attempting range BO and ready for crossing IPO PRICE DARVAX stock
Read the chart
Bullish Spring load. Decreasing volume at around 375-400 shows more gas to boost the rocket up.
Nifty bearish getting ready for volatility surge See targets on chart
The DBL stock has broken an very old trendline on monthly chart, can be a good buy above 630 1st target 700 second target open if broken and sustained for 2 -3 weeks above 700.
If survived the next bull trap will be a good buy for mid term
DLF is getting ready for BO, a good buy for mid term target should be around 700. A great BO and leader in real estate industry prices of real estate will boom in future as it has happened in USA.
amzn looking bullish based no trend chart testing resistance and reduced RSI provides margin for future growth adding fuel is $BABA
Cooled off RSI and VCP. refer chart for the entry and exit.
Moderna has proven technological advantages of mRNA technology over conventional methods for treatment and vaccination. with high volume of in pipeline products lead by moderna vaccine for covid19, the valuation of company is bound to grow with Healthcare being the theme for investment.
Tesla has given BO on weekly chart last week, once We have a close above trendline this week we will see the 750 range easily.
Historically vix value below 13 is cause of concern. the same value around 10 has caused market to crash and below 15 indicates the corrections upto 10%