Will BTC repeat the same pattern again ?
These are the important levels to watch for ETH if we get further breakdown. The 30% retracement level matches up quite nicely with the low of the range below, providing good area of confluence. 30% retracement is important as we have seen many alts retrace by ~30% to flush out leveraged positions before they have moved higher again. Buying in the low of the zone...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Cadillac had a good run today, but there was not much significant amount of volume present in the up-move. The stock is testing 415 regions of resistance for the 4th or 5th time now, depending upon how you see it. We can...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Dabur is re-testing the 515-525 region for the 4th time now. In the last trading session, it was consolidating below resistance which is a good sign for people wanting to go long. A break above this could give some...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Crude oil has been falling continuously over the past few days. Now the reason for the fall is increased production of Crude Oil in September over August. Since there is the news behind the fall, technicals would matter...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Nifty has tapped the liquidity pool which would have been sitting under the swing low and has been now moving up. The next turning point could be ~11,300 to 11,400 (from where many short sellers may decide to enter the)....
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Looks like there is something big happening with Nasdaq. The amount of bearish volume present in the candle which did a re-test of the previous ALL-TIME HIGH region as support, is quite high and not seen in a long...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Apollo Hospital is showing some excellent strength toward the upside. Even though the market was falling for the past few sessions, ApolloHosp has been constantly moving upwards. Volume for the previous session was the...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks A few days ago I had posted on TV to long ApolloHosp and the stock has played out as expected. Now, ApolloHosp looks seriously overextended and also a good opportunity to short in the near future. Not sure what exactly...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Colpal has been showing strength for the past 2 days and also there is volume support in the move up, which is a good sign. The 1430 region has acted as previous resistance and is also the Monthly high. If it manages to...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks After 6 consecutive red days, BankNifty finally showed a green candle today. The 21K level was a level of support for BankNifty which was broken in the previous session and BankNifty has come back and tested it as...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Looking at Divislab on the Daily time frame, we can see that it is testing out the 3000 area of support. If 3000 breaks then, it can give a nice momentum to 2800. At 2800, it would be interesting to see which path it...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks BankNifty weekly time frame analysis tells a very grief story. It has broken below the trend line and has also made a close below the low of the strong candle, both of which are bearish patterns. Red volume has also...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Auropharma has tested the support zone of 780-765 multiple times now. With each test, support becomes weaker. If it breaks below this point, it can show downside momentum and that can be a good short opportunity for both...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks Nifty and BankNifty both are falling for the past 3+ days and now the chances of consolidation and profit-taking have risen. The red volume on the downside has been continuously increasing showing the participation in...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks BankNifty had a great fall today during the second half of the session. Nifty and BankNifty both have fallen quite considerably during the previous few sessions and thus we can expect a retrace upwards, The view on the...
Thanks for coming to this update. Before you start reading kindly hit that like button. It motivates me to keep doing such work for free. Thanks WIPRO has crossed above the 300 resistance zone with good volume which is a bullish sign and should be able to hold the level. The IT sector has been doing good in this market and has seen the second-highest rise since...