Using pure price-volume analysis with a Renko chart, you can identify different support and resistance levels. By using a volume indicator, you can determine the most traded price level, which represents the accumulation zone—around 55.74. The price range between 54.12 and 56.90 is also an accumulation zone. Adjust your strategy accordingly by taking profit or...
As the SuperTrend indicator crosses the phase of sqeeze , and other indicators like MACD also give a buy signal, the chart visually confirms an upward trend. Therefore, it is likely that the stock will increase in value
I believe the SBP will keep the policy rate unchanged at 22% in the upcoming MPC meeting. Due to the following points: 1. Inflation has been decreasing month by month due to lower food inflation, which holds greater weightage in our national CPI. However, it's important to note that this decrease may be temporary, as it coincides with the wheat cutting crop time,...
make trade with that stop loss as divergence showing go on long as it stock on bullish trend
As it's showing a stock in an uptrend, the stock enters a correction phase but rebounds to Fibonacci levels. However, it's worth noting that the volume is not supportive, unlike what we observe with other indicators, especially MACD, which will give a buy signal if the next candle confirms with a green. Similarly, in Bollinger Bands, touching its support level,...
Stock in consolidation phase if stock goes upward then we will take position but due to volume still undecided
AS it FABL showing by both macd, RSI and Bollinger brand buy signal and also last monetary policy rate is also fixed and it not coming low this year if it then it will be few basis point