Golden_Spur

Golden_Spur Updated 

Citi Pharma is in bull run for almost past 9 months. On Monthly TF, Cup has been formed but Handle is yet to be made. See picture pasted on the chart. For that price must retrace a bit to Fib 0.23 to 0.38. In that case Entry will be at retrace and TP will be equal to depth of the cup. On the other hand if price does not retrace then entry should be sufficiently...

Golden_Spur

The SCRIPT has recovered from the impact of the share selling by its Director and now showing bullish trend. RSI is indicating bulls control after retrace. KVO also suggests Buyers in control taking prices up. AB=CD pattern has been drawn to identify the TP. Trade Values Buy-1: 177.69 (If dips) Buy-2: 210 (on crossing previous HH) Buy-3 (Mkt): 192 (risky as it...

Golden_Spur

On daily TF, Price is in sideways for the past few days. A sharp move can be expected if it breaks resistance of 8.90. Historically price has been moving up by making Elliott Impulse Waves. Therefore, price may either follow the pattern and price may go down after testing the TP-1. Or may continue going up in the drawn parallel channel to test TP-2. Trade...

Golden_Spur

On Monthly TF, two harmonic patterns have been drawn. Gartley (94% complying) and Butterfly (88% complying). In this bull run prices are moving way to fast. And due to market sentiments Bulls are in control. In normal bull run Gartley pattern will be complied before price drops but chances are that price will make new All Time High and follow Butterfly. RSI is...

Golden_Spur Updated 

BFBIO being a recently listed SCRIPT, limited data is available on Daily TF, therefore, this analysis is being done on 15 min time frame. After a strong bull run the price has retraced to Fib level of 53 % (186) before going a little bit up (at the time of this analysis price is 189). 60% Fib retracement level is quite possible as RSI divergence on 1h TF is about...

Golden_Spur Updated 

On Monthly TF, Cypher Harmonic Pattern has been drawn. Although, point C has not extended till minimum text book requirement of 1.172 but anyway in real world some exceptions can be taken when no other pattern is matching. Point D has been drawn to arrive to the TP from where a reversal is expected. EMA 21 is below the candles indicating a Bull run. On Daily...

Golden_Spur

On monthly TF, Butterfly Harmonic pattern has been drawn. Technically correct entry should be after crossing the resistance zone. RSI is at 58 level which shows ample of room for price to go up. EMA-21 line is also below the price candles. Bollinger Band also suggest that bull run is on. SWING Trade Value: Buy : 23 TP-1: 47 (expected in April 2025) TP-2: 68 ...

Golden_Spur Updated 

Technical Analysis: On Daily TF, price is well above EMA 89 and just above EMA 21. It indicates bull run and ideal time for Buy entry. Parallel channel has also been drawn and price has taken a support from lower line of channel as well. It may not slip any further and may go upwards from here onwards. HOWEVER, Klinger Oscillator, on the other hand, has dipped...

Golden_Spur Updated 

HINO is in bull run since 26 Nov 2024. On daily TF, RSI does not show any sign of divergence and KVO is almost vertical suggesting a strong bull run. However, RSI is almost at 85 and at any time trend may retrace to define a proper Higher High. Resistance Zone 481~530 is critical. Then another resistance line at 700 is present. On weekly time frame, Crab...

Golden_Spur Updated 

On Daily TF, trend is following Harmonic Bearish Reversal Crab Pattern. Point D defines the TP here which is a potential reversal zone. For education purpose, this is Crab not Butterfly because Butterfly Pattern has B point at much higher level at 0.786 with Point D at much lower level of 1.27 level. RSI is around 80 and seeing the resistance zone (53.93~54.63)...

Golden_Spur

Treet on Daily TF is continuously making Pole & Flag patterns. Right now, there is a Bearish Divergence present on RSI indicating prices will drop. By comparing previous FIB retracement, it is likely to re-trace up till Fib 0.50. Therefore, my trade values are:- Trade Value: Buy : 17.92 TP: 21.68 SL: 15.70

Golden_Spur

PTC is in a sharp bull run. On Daily TF, after making a CUP& HANDLE pattern it is going upwards towards TP-1. Since there is no sign of divergence on RSI, therefore, instant buy can be initiated. On reaching TP-1 one must see the RSI indicator for any retracement sign, if no such sign present then continue riding the trend. On other hand on retracement, a new...

Golden_Spur

HUBC on Daily TF is going bullish. RSI momentum indicates a steady rise and hence prices are going up. KVO also is suggesting that trend is going upwards but still the real Bull run has not begin. Weekly channel has been drawn. Once, this weekly channel is broken upwards then the real bull run will kick-in. Therefore, sensible trade plan will be to now (Buy-1)...

Golden_Spur

ENGRO is a sharp bull run. It has broken previous All Time High and still going up. KVO is suggesting a strong bull run, but RSI is about at 80 level. Price may take a dip but then will go up again to test the TP defined by using AB=CD pattern. TP-2 has been calculated using Fib Ext tool. Trade Values Entry (Mkt): 407.54 TP-1: 453 TP-2: 506 Stop Loss: 358

Golden_Spur

SSGC is in bull run since 23 Oct 2024. KVO is suggesting a very strong buying with high volumes. RSI Indicator is almost at 82, indicating a very strong control of Buyers. Previous data analysis also suggest that RSI touched 93 level before prices went into retracement. Therefore, still there is some room for prices to go further up before retracement begins....

Golden_Spur Updated 

On Daily TF, Bullish Hidden Divergence on RSI has already played. However, price is above EMA 89 and Klinger Volume Oscillator is above zero line; therefore, both indicating the continuation of bull run. price with little bit retracement should continue upwards. Fib Extension Tool has been used to identify TPs for new all-time highs. My trade values are mentioned...

Golden_Spur Updated 

A textbook Reverse Head & Shoulder pattern has been made by the price candles on Daily time Frame. Neck line of H&S is about to be broken. Once it does so and there is no sign of reversing by making Double Top formation then Buy call is in Order. Klinger Volume Indicator is above zero level and is facing upward almost vertically, indicating a sharp bull run. RSI...

Golden_Spur

On Daily TF, AB=CD pattern has been drawn. RSI indicator suggests that a hidden bullish divergence is in play at the moment which is taking prices up. Moreover, Klinger Volume Oscillator suggests that a Bull run is about to begin but at a slow pace; if in next couple of days Volumes are generated then chances will become even brighter for the bull run. Price is...