Often while trading markets we use various indicators like SMA, EMA, MACD that are based on the thoery that market trends to follow averages everything else remaining constant. Using the same concept and applying it to vix that it would trade in its normal range we have plotted two horizontal lines on vix. This lines gave us the idea when the market moved beyond...
After giving a breakout BAT is now ready to reach new heights in an uncharted territory. The EMA breakout coupled with strong fundamental and genuine promotes it is established to grow multi fold.
Flag breakout is seen where a sudden spike in prices is seen and after this sudden increase bulls who have entered earlier start exiting thier existing position and as such a consolidation occurs as can be seen in the shown chart. This Spike ( POLE ) and the consolidation ( FLAG ) gives rise to a fresh spike in prices once the consolidation in finished and fresh...
For a newly traded asset like LITECOIN it is observed that often moving averages act as a important trading leve just because of the high noise and volatility of the instruments. Currently LTCUSD has just crossed above its 120 EMA and in the past a swing move of 10% up is observed. We can expect the same this time amid rising vols. Buy for a TGt of 234 within next 5 days
After having a stellar really till 295 levels ltc has again corrected till 226. 226 being an Fibonacci retrace ment zone a bit gain be initiated for 3 days for a Sl of 218 and tgt of 236
KTKBANK has been in a structural downtrend since june 2017 correcting all the way from levels of 140 till 30 ₹. The stock has changed the trend and looks poised again for a bounce back rally as it has recently crossed 120 ema by 13 ema. All bears are looking exhausted at the current trend and bulls are ready to grab the opportunity. Long positions in the stock can...
After having a drop Shiba inu has consolidated thereby signalling a tussle between bears and bulls. The pattern suggest that the consolidation is done with and the crypto is ready to surge with its new rally upward..
Litecoin after a 18 day consolidation has finally given a breakout and more than expected rally of 20% . Now the crypto feels poised to attain next Fibonacci level of 295 within a last time span it took to achieve the consolidation i e 6 days. Sharp up move is expected after a bit of slower days.
After a long consolidation after formation of a cup , now the stock is poised to break and shoot up for a thrilling rally towards 95 and 99 ₹. After results already all of the selling has been absorbed by the stock indicated by the consolidation in last few weeks. And now the fresh breakout upwards is gonna fuel a rally.
Asian paints is a stock if you consider the backtest data has rebounded sharply whenever it has went below its 90 days EMA and same has happened this time. Now the stock is trading at 3170 and one can expect a decent move of 200₹ to 3400 in 15 days. The allegations have been dealt with and the stock is poised to resume its journey ahead. Keep a Stoploss of 150 ₹...
Nmdc stock has been correcting sharply since the iron ore prices more than halved in NYMEX. Currently iron ore prices are trading near a psychological range of 100$ and NMDC is consolidating between 140 & 160 levels. The correction from 200 levels and stock comfortable trading below 90 day Exponential moving average confirms our view . At current stage one should...
After a huge sell off from a high if 90 stock has corrected to 70 levels and then consolidated for weeks . It appears that the stock is in a longterm uptrend since its rally from 46 to 90.
At current juncture stock has completed the consolidation pattern and seems poised for rally towards 78 in 15 days. A closing below 68 will means bears have got the grip and...
Nifty after continuously being ina parabolic sar bullish trend has given a evening star patter at around 18100 . Thereafter it has shown more bearish attitude and went low till 17600 . This confirm the bearish view is confirmed as the first bears have made a profit. Now we can expect nifty to consolidate between 17600 to 18000 and again start a downward journey...
