Having a heat wave as well as summer in the last quarter will boost earning of NTPC. Also, a heavy consolidation phase is observed which if broken by price trend above 97.55 will generate a new high. Bought at 96.50 (Target 105+ with an SL 96.00)
Hi all, Just a quick post to say: - I have been watching diversified commodity indexes recently as they provide meaningful diversification in any portfolio (generally a small % allocation is recommended) . - Over the past 9 years (as you can see) this has been in a strong and long-lived bear market. The bottom must be somewhere, below $13 is a good candidate...
The price is bouncing between the bullish trendline and the resistance and it's creating a triangle. Once it breaks one of those levels it may start a new strong trend. The breakout must be confirmed by very high volume to avoid fakeouts and pullbacks. The informations and the strategies discussed are NOT recommendation to buy, sell or trade any securities. They...
#QQQ #POWERSHARES Potential Cypher Pattern LONG Do you own analysis but I hope this give you some useful ideas, don't forget to hit the like button :) Thanks
Powershares is showing signs of potential bearish crab pattern. The PRZ is measured from A to X leg at the 1.618 extension level at price $96.23. Even though there is naked structure around $96.28 kill zone, There is confluence at $96.28 at the 3.618 & 1.618 extension level. This should act as resistance. If this plays out, we should see a good rejection which...
There's a potential gartley showing up. If C leg can make it up to $92.68-$92.74 we may see reversal in price upon the completion for an intra-day trade. For longer term, price action may trade down to 91.08 to complete a Bat pattern. There's strong structure around $91.42-$91.13. The Bat pattern would make for a perfect retracement back to the trend line, if you...