Get started

Volumespreadanalysis

GENERAL INSURANCE CORPORATIONThe stock after facing price rejection around 440 to 467 levels came back to below 50 DMA levels. It has been consolidating since then for almost 3 months now. Finally, today we saw it breaking out of the consolidation zone. We saw a widespread bar on very high volume. The relative strength is also turning positive. The money flow has been positive for the last few sessions. We can also see a reversal in the momentum to the positive side. If the stock sustains above the high of today's bar, we can see the stock testing the previous price rejection zone at 440 to 467 levels. Now the only point of caution here is today's very high-volume bar, it is like a BC bar which can cast a shadow of supply bringing the stock down back into the consolidation zone. So that is why we need to have positive close above the shadow of the BC bar for the stock to move higher. So, it is a stock worth watching.
NSE:GICRELong
by karthikmarar
ADITYA BIRLA FASHIONS - Poised to moved up ?The stock saw a huge fall of about 50% from a high of 359. From the bottom, it has been struggling for almost a year to reverse the trend. And of late, you can see the attempt to move up, seeing some success. You can see a break of structure in the daily and now a break of structure in the weekly as well. The relative strength is also positive. The money flow which had dipped is now recovering. The momentum also had weakened recently and is now picking up. Today the stock moved past the price rejection zone at 277 with wide spread up bar with volume support. In the last few sessions, we saw some increase in delivery volumes indicating some interested buying coming in. If the stock sustains above 277 levels, we can see the stock moving up further north. The next destination could be 315 levels.
NSE:ABFRLLong
by karthikmarar
DEEPAK NITRITEIn early January, the stock faced rejection around 2520 levels and it retreated to sub 200 DMA levels. From there, it recovered. In early May, it made an attempt to take out the price rejection zone. There was a move on very high volume. Unfortunately, that move did not succeed and it was pushed back below into the supply shadow of the BC bar which happened on the April 24th. Now, again it is attempting to move above the shadow of the BC bar and the price rejection zone. The relative strength is still positive but the money flow is lacking and also the volume is very low. The momentum has also dropped. So, once this stock succeeds in taking out the price rejection zone and goes above the shadow of the BC bar, the stock is likely to move up higher. We also see a very nice consolidation pattern almost like a cup and handle pattern. So, we need to wait and watch for the volume to increase and the money flow to be positive and the momentum also to come in. So, this is a stock worth watching
NSE:DEEPAKNTRLong
by karthikmarar
1
Bitcoin important zone, institutions are in!ok, after a crazy week, finally we are seeing institution's activity, at this point we can just wait and analyze what are they doing. buying? selling? I still have my short positions, but right now is risky to make a decision, it's been a rush so it's difficult to think clearly after huge profits. DO NOT trust the news, don't trust indicators, just try to read the price and volume!!! try to keep your mind clear and please don't read any news! the blue rectangle should be the zone of accumulation/distribution, so let's analyze what's going on there. In my opinion bitcoin still have chances to continue falling, but some other cryptos already touched the zones I had projected, so it makes me doubt a little bit about bitcoin. at this point the smartest thing we can do is being neutral and don't trade.
BINANCE:BTCUSD
by gon08
HD Long Day Aggressive Counter Trend Trade 16Aggressive Counter Trend Trade 16 - short impulse + biggest untested volume T1 + support level + biggest volume 2Sp+ + test + below first bullish bar closed level entry Calculated affordable virtual stop loss 1 to 2 R/R take profit Hourly Context: "- short impulse + biggest volume T1 + biggest volume 2Sp-" Daily Context: "+ long impulse + T2 level + support level" Monthly Context "+ long impulse + SOS level + support level + 1/2 correction"
NYSE:HDLong
by MishaSuvorov
WDS Long Investment Conservative Trend TradeConservative Trend Trade 8F + long impulse + support level + significant bar level - below 1/2 correction + volumed 2Sp+ + weak test + first bullish bar closing entry Calculated affordable virtual stop loss Take profit: 20% at 1 to 2 R/R on Daily 20% at Daily resistance level T1 20% at 1/2 of Monthly 20% at Monthly resistance level CREEK 20% at Monthly thick level resistance T2 Monthly Context + long balance + support level + 1/2 correction + biggest volume Spring - volumed test in progress"
NYSE:WDSLong
by MishaSuvorov
1