kayan9

kayan9 Updated 

Btc in a tricky area till it doesnt break the downward resistance line which has proved as a strong resistance Chances of it holding are 50-50. if it holds and pulls back the only support which comes in next is the red support line,once that gets taken out we will be back at 8000 levels. Better to wait for a confirmed trade than get in early with a chance to lose money

kayan9 Updated 

BTC looks like it has bottomed with a big cup and handle with targets of 17,700 but at the same time the handle wont be completed till it has broken 11620 resistance level which is the major level below which BTC looks negative ,it will need a powerful thrust in volume to break the horizontal resistance as well as the downward resistance trendline which is coming...

kayan9

Reliance has been trending well in a horizontal range since a long time and the recent correction due to the macro economic monetary policies resulted in a breakout being exhausted and a failed breakout , with NIFTY making a tripple top on hourly charts and other variables looking bullish, A chance to buy reliance again for the breakout of 960 resistance line...

kayan9

Nifty looks in a No Trade zone right now with a triple top being confirmed today at levels of 10620-630, a good formation at the bottom and the recent correction from 10620 is just some consolidation. Expect a good rally upwards till 11,000 once 10630 breaks, NSE:NIFTY