BitonGroup

BitonGroup Updated 

hi it is a Daily analysis of SBIN and we can see the retrace on the price due to Covid-19 is now close to 50% Fibonacci level and it can have a touch on 61.8% too and then a big reversal and it will touch the 100% of Fibonacci expansion we can notice a divergence in MACD too which is an other reversal sign and when combined with Fibonacci levels we can see we will...

BitonGroup Updated 

hi as one of my Indian Friends asked me to analyse the Gold August MINI Future i am doing a simple Fibonacci analysis with some Candle stick pattern confluences. we can see a Dark Cloud Cover candle pattern are the Top and then a Head and Shoulder is on the formation which is a sign of a bearish movement and the retrace can be up to the last support which is fib...

BitonGroup Updated 

Hi We can see a Head and Shoulders pattern in the Euro Index char and it is a bearish sign to us. it gets confirmed if it breaks the Neck line on the support area of the chart so we can expect a bearish trend. as we know the Dollar Index is in the bullish run so consequently the Euro Index shall drop down and continue its bearish run till the reverse happens in...

BitonGroup Updated 

Hi as we can see here is a high chance of break out and a bearish trend and a touch of 1.000 as it is a powerful support for the pair and we back this analysis by the DXY Bullish trend as Euro is holding more than 40% of the weight of the dollar Index. please mention your ideas in the comment section

BitonGroup Updated 

hi 2 scenarios. buy and sell

BitonGroup Updated 

hi we can see a big diversion in the MACD and the FIBs are intact so i believe it is a good short opportunity there are total of two TPs

BitonGroup Updated 

we have analysed the NIFTY 50 and we believe there is Bullish Move as we see a Three Drive Elliot pattern for which it is forming in a channel and it should finish the Third leg for big Bearish Move. we prefer to put a Sell Limit order at 13000.00 The Second TP should be the lower channel line and the Third TP we expect to be below the lower channel... please be...

BitonGroup Updated 

Hi as we can see, there are some support areas, where there are chances of trend reversal or some retracments, but what is clear here, is the price had broken the bullish trend and now making a new low, since a very long time. and it has the absolute potential to break more down, as Coronaviros gets more epidemic in USA. so the dollar will get effect, as...

BitonGroup Updated 

hi we believe there is a buy opportunity as we see a Crab Pattern in the chart and divergence signals us. it is a short term trade for those, who are filling it is a buy, we have 2 target points. please write your opinions on it in the comment section...

BitonGroup Updated 

we can see the price is in a bearish move and MACD is showing a huge Divergence the price had touched the lower bound of the bearish chancel and we can observe there is under cross in MACD line and soon we are expecting a reversal in the stocks movements it has already broken the Ichimoko Cloud also which is again an other confluences in the bullish reversal...

06:43

BitonGroup Updated 

Hi here I have analyzed the Housing and Urban ticker of NSC using Divergence strategy as we can see the trend is making bullish divergence with MACD which is a sign of trend reversal and complete Price Action and Fibonacci retracement and its confluences with the Fibonacci Projection I have speculated the time of immediate TP by Fibonacci time zones you can...

07:12

BitonGroup Updated 

Hi here we have a complete Price Action and Fibonacci analysis with specifying the time zone speculation of upcoming events we are mainly bullish on it as nifty also is bullish these days but still we have chances of retracement we we can not break the current price and which is 61.8% of our bearish retracement Fib level ( Price: 280.00) and if so then we may have...

BitonGroup Updated 

It will break resistance zone 82 and also LTC consolidates above the resistance zone and it goes toward 145.9$

BitonGroup Updated 

NZDUSD speculating TO FORM BULIISH Shark Pattern Once is it Formed and completely Depicted Then we are expecting the market to retrace 50% of the CD wave from PRZ

BitonGroup Updated 

As you can see, the GBPUSD makes triple top ( resistance 1.3513 ) from 13th Dec 2019 to now. Also, I see important support in 1.3195 point. At this moment, price accumulates between the resistance and the support. In my opinion, it seems that the price will consolidate above 1.3500 and it is highly possible that the currency pair break 1.3513 and move toward...

BitonGroup Updated 

Hi as today we saw the market was on a high bullish move and broke the All Time High record we a predict a bearish crab to form and is so then have a retrace move as of now we are just forecasting a crab and if it reaches the 30K$ then the price bound may effect and reject the market down which is our retracement post crab formation or even a trend change we...

07:53

BitonGroup

Hi here is a complete Price Action analysis of the PVR with specified supply and demand zone and I have used Fibonacci retracement and projection to project the target areas. I am mainly bullish on this ticker as the corona pandemic is getting over and all theaters and cinemas are reopening so we can see that the PVR company is getting back on its legs and to its...

BitonGroup Updated 

According to previous analysis ( link to related idea), it is valid yet. At this moment, the EUR touch 1.2213 resistance and the price stops below it. Also , we must pay attention to the last days of the year. Finally, the currency pair will break resistance 1.2213 and the EUR rally will continue towards the resistance levels ( 1.2400 and 1.2500).