AMIT-RAJAN

AMIT-RAJAN

Hi mates, sharing daily chart of Verizon communications as we can see that price level of 36 was acted a good support earlier after a sharp fall in it and after finished a bottom which is looking a rounding bottom pattern with higher number of buying volumes which indicates that change of hands according to the high volume on top or bottom and when the price tried...

AMIT-RAJAN

Hi Guys, here i am trying to share some key insights about relative price strength and how to use it in trading too. So first i will start from the definition below for it. 🎁What Is Relative Strength? Relative strength is a way of trading used in momentum trading for identifying stocks. It focuses on trading in stocks or other that have performed well relative...

AMIT-RAJAN Updated 

Hi friends as you can see that gold is gaining bearish strength as price is sustaining below 1946 support levels which earlier was acted a resistance price for it so if the price will trading with bearish strength below from that levels we can see 1919 and 1863 levels in coming sessions 1919 levels will play a important role in this for for further downfall if...

AMIT-RAJAN Updated 

Index is looking good breaking falling resistance trendline and got a close above so we can take this as a breakout and can go long for the targets of 34509 and 34599 with taking a stop loss of below close of 33716 on daily candle basis which is looking a good support now. KINDLY NOTE-: This is not and trade or investment advice. This idea is meant for learning...

AMIT-RAJAN Updated 

BTC is looking weak by breaking a consolidation on important support levels and now gives a negative breakout breaking support and closed below so we can see 24855 levels in coming sessions so we can go short in it for the target of 24855 levels for this we can take a stop loss of 27000 levels which will faced as a strong resistance for it now on closing basis....

AMIT-RAJAN Updated 

Hi mates as we can see on daily chart that after a closing of 305 levels on 24th may it opened on a big gap 385 levels on 25th may and did all time high of 419 after, so now trend is looking weak on 4 hour time frame chart so now from here it will be interesting to see that it will bounce from 378 or 368 levels or will break that supports, after break of support...

AMIT-RAJAN Updated 

Hello guys here i am taking a weekly chart of Tesla as for taking an idea that what are the levels we can see until next quarterly results, as we can see on this weekly chart it is looking well placed on support levels so if it can break mentioned support we can see 129 levels and it will give a bounce from support we can see 199 levels in coming months. -: RSI...

AMIT-RAJAN Updated 

Accenture looking Good broken a falling resistance trendline on two hour time frame and price is sustaining above that trendline and giving a breakout only I am expecting a breakout retest of falling trendline if this will happen accordingly can go long in it for the target of 279 and 287 which is looking a Resistance for price and from below we can take a stop...

AMIT-RAJAN Updated 

Index is looking good breaking a parallel channel resistance after breaking falling resistance too and gives a close above on that so we can take this as a breakout and can go long for the target of 13676 with taking a stop loss of below close of 13040 on daily candle basis which is looking a good support now. KINDLY NOTE-: This is not and trade or investment...

AMIT-RAJAN Updated 

The benchmark index is looking weak on the basis of price action and could touch the mentioned supports find your trade short or bounce from supports