Analysis: As of now, the stock is trading within the descending triangle pattern, and we are yet to see a clear bearish or bullish price action. Stop-Loss: 179 Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading...
Analysis: As of now, the stock is trading within the descending triangle pattern, and we are yet to see a clear bearish or bullish price action. Stop-Loss: 74.80 Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your own due diligence before trading...
Analysis: The stock has formed an ascending triangle pattern. If buyers manage to break above the pattern at 19 levels, the stock has the potential to reach Fibonacci retracement level 1 and previous all-time-high at 21. Stop-Loss: 17.50 Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other...
Analysis: The stock has formed a falling wedge pattern, which is a bullish chart pattern, and it is also making a bullish divergence on RSI. If it breaks above the wedge pattern and 30-hour moving average, it could signal a reversal in the bearish movement and potentially lead to a bullish movement. Stop-Loss: 141 Disclaimer: This chart and analysis are not...
Trade Book: CT-LI/CT-LC Trade No: 09/180 Entry Price: 6.30 Stop-Loss: 6.20 Reason for Trade: If the horizontal price channel at 6.70 is broken, the stock may potentially reach the range of 7.40 to 7.60. This could test the 200 day moving average, as well as the Fibonacci retracement levels of 0.618 and 0.65. Disclaimer: This chart and analysis are not...
Trade Book: CT-LC Trade No: 154/155 Stop-Loss: 5.9 Reason for Trade: If the stock continues to follow the expanding triangle pattern , it may move upwards to test the 200-day moving average and Fibonacci retracement level of 0.786, which is at the 7.0 level. Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial,...
Bitcoin has formed an inverted head and shoulder pattern and has broken above it after retesting the 30-week moving average for support. It may retest the H&S neckline around the 25250 level for support and eventually move towards the Fibonacci retracement level of 0.382. If BTC falls below the neckline and the 10-week moving average, the crypto coin may become...
Analysis: The stock is currently testing the Fibonacci retracement 0.65 levels, while creating a bearish divergence on RSI. A bullish signal for the stock would be a breakout above the 138 levels and descending trendline on RSI. However, if the stock breaks below its previous higher low of 131 and 10-day moving average, it may retest the 30-day moving average for...
Analysis: The stock has broken out of the bullish flag pattern and is currently retesting the resistance range between 15 and 15.40. If the stock manages to break above these levels, it could potentially move towards the Fibonacci retracement 0.786 level. However, if the stock encounters heavy resistance and fails to break above 15, it may create a bearish...
Analysis: The stock is currently testing both the Fibonacci retracement 0.618 and 0.65 levels, while creating a bearish divergence on RSI. A bullish signal for the stock would be a breakout above the 46.50 levels. However, if the stock breaks below its previous higher low of 43, it may retest the 30-day moving average for support. Stop-Loss: 42.80 ...
Analysis: The stock has formed a symmetrical pattern with a hidden bullish divergence on RSI. A bullish signal for the stock would be a breakout above both the symmetrical triangle pattern. Such a breakout could potentially indicate further upward momentum for the stock towards 18 levels. Stop-Loss: 15.50 Disclaimer: This chart and analysis are not meant to...
Analysis: The stock has formed a ascending triangle pattern. A bullish signal for the stock would be a breakout above the symmetrical triangle pattern and 30-day moving average. Stop-Loss: 88.50 Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do your...
Analysis: The stock has formed a symmetrical triangle pattern and is currently trading within the range of the 10 and 30-day moving averages. A bullish signal for the stock would be a breakout above both the symmetrical triangle pattern and the 30-day moving average. Such a breakout could potentially indicate further upward momentum for the stock. Stop-Loss: ...
Analysis: The stock has found support from both the 30-day moving average and the Fibonacci retracement 0.5 level, but it is still within a flag pattern and has not yet broken out. If it fails to break out, it may retrace towards the Fibonacci retracement 0.618 level for further support. However, if it does break out of the pattern, it could potentially reach the...
Analysis: The stock is currently forming an expanding triangle pattern, but it has not yet closed above the 30-day moving average. In order to become bullish, it will need to break above the 410 level. Stop-Loss: 379 Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or...
Analysis As the stock has broken out of the cup and handle neckline, the stock may potentially move towards the Fibonacci retracement level of 0.5, which is in the range of 93 to 93.50. Stop-Loss 76 Disclaimer: This chart and analysis are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations. Do...
The stock has broken out of the descending triangle pattern to the upside, indicating potential bullish momentum. If the buyers continue to push the price upwards, the stock may reach the target price of Rs. 155 obtained from the descending triangle pattern height, which aligns with the Fibonacci retracement level of 0.618. Disclaimer: This chart and analysis...
Analysis: Considering the bearish divergence on RSI and the rising wedge pattern, it's safer to exercise caution. It's best to set a stop-loss below the previous higher low level and wait for a breakout of the descending trendline on the RSI or wedge pattern. If the stock stays above the 10-day moving average, it could be a positive sign. Stop-Loss: 18.50 ...