Nearby support is 660 and resistance is 680. Price can move within this range till it gains strength. Also the price is forming rounding bottom or triangle and trying to move up. Buy above 674 with the stop loss of 669 for the targets 679, 684 and 689. Sell below 658 with the stop loss of 663 for the targets 653, 649 and 642. Hit the like button to Rock !! Show...
Price has taken support at 195 - 197 and broken the trend line. Sustaining the current level will make the price to move up. Patterns I am seeing in this chart are triple bottom support, RSI divergence, trend lone break out. Buy above 198 with the stop loss of 196 for the targets 200, 203 and 206. Sell below 194 with the stop loss of 196 for the targets 192, 189...
Price has broken the downward trend line and sustaining above it which is a bullish sign and now facing resistance. Trend direction deciding zone is 19700. If price is unable to sustain above it, then it can fall towards 19500. Buy above 19720 with the stop loss of 19680 for the targets 19760, 19800, 19840 and 19880. Sell below 19620 with the stop loss of 19660...
Check the video for detailed analysis. Levels are below. Pattern : Support/Resistance, triangle. Range : Medium. Trend strength : Normal. Buy Above : 39060. Stop Loss : 39000. Targets : 39120, 39200, 39320 and 39400. Sell below : 38900. Stop Loss : 38980. Targets : 38820 ,38760 and 38680. Check the live market updates. Hit the like button to Rock !! Show some...
Price gave very good movement, nearly 300 points yesterday and now it is at crucial zone. 18600 is important in deciding the trend direction. Buy above 18630 with the stop loss of 19590 for the targets 18660, 18700, 18740 and 18800. Sell below 18550 with the stop loss of 18590 for the targets 18510, 18480, 18440 and 18400. !8500 can act as support. Hit the like...
Price is at the trend deciding zone 5200 - 5220. We had continuous uptrend for few days. Will price take a pause, have a pull back before moving up? Buy above 5230 with the stop loss of 5210 for the targets 5260, 5300, 5340 and 5380. Sell below 5180 with the stop loss of 5210 for the targets 5150, 5110, 5060 and 5020. Support is seen at 4980 - 5020. Check the...
Price is taking the trend line support and moving up. Where we can expect next resistance? 179 - 181 zone will be the next resistance if price gains strength to move above 172. Buy above 172 with the stop loss of 170 for the targets 174, 177, 179 and 181. Sell below 166 with the stop loss of 168 for the targets 164, 161 and 159. Hit the like button to Rock !!...
Price was falling gradually from the starting of this month. It has formed bottom at the zone 37700 and now it has broken the downward trend line. So what next? 38500 is an important zone. If price sustains this level then it can move towards 38580, 38660, 38740 and 38800. On the other hand if 38500 acts as a resistance zone, then price will move towards 38380,...
Price is bullish, moving up and also forming a bearish pattern, rising wedge. It does not mean price will fall at once. It will move up and when it faces resistance, it will have a pull back or reversal. Nasdaz is having resistance at 16280 - 16320 zone. If this sustains, then we can expect the price will move towards 16380 and 16440. If price is unable to sustain...
Nasdaq and Nvidia has formed a similar pattern. If Nasdaq took support, then it can move from 15780 to 15860, 15920 and 15980 with 40 points stop loss. Nvidia can move from 455 to 462, 470 and 476 with the stop loss of 450. If price breaks the support and fall down, then it can move to the next support which is marked in the chart. Curious to watch how the price...
Price is forming a head and shoulder pattern. Same time it is at trend line support. I have marked the trend deciding zone. Wait for the confirmation at this zone and decide whether to buy or sell. Taking fresh short is not advisable as price gave entry around 1.922 and now it is at the zone to decide direction. If price did not gain strength, it will move in...
We can see two patterns in the chart. 1. Wedge 2. Consolidation. Bullish - If price breaks the consolidation zone with volume. Bearish - If price is unable to sustain above the consolidation. Buy above 485 with the stop loss of 481 for the targets 489, 493 and 498. Sell below 478 with the stop loss of 482 for the targets 474, 470 and 466. Do your own analysis...
The journey was long from 4190 - 4210. And now once again price is at deciding level 4390 - 4410. Bullish - If price sustains above the zone. Bearish - If price is bearish and unable to sustain the zone. Analysis is based on supply/demand. Where to buy or sell? Buy above 4420 with the stop loss of 4400 for the targets 4446, 4464 and 4480. Sell below 4380 with the...
Price is consolidating in a narrow range and forming a wedge pattern. Trend deciding zone is 418 - 422. Above this zone price can gain momentum. Where to buy? Buy above 414 with the stop loss of 410 for the targets 418, 422, 426 and 430. Where to sell? If price did not gain bullish strength, sell below 406 with the stop loss of 410 for the targets 402, 398,...
Price is right now at the trend deciding zone 4190 - 4210. So understand the trend before taking any trade. Pattern : Wedge. Range : Medium. Trend strength : Normal. Buy Above : 4206. Stop Loss : 4180. Targets : 4220, 4260 and 4288. Sell below : 4160. Stop Loss : 4186. Targets : 4136, 4102 and 4080. Hit the like button to Rock !! Show some energy !!
Price is falling for many days with less pullbacks. On the lower time frame price has formed a falling wedge, which is a bullish pattern. On higher time frame, that is weekly chart, price has broken the trend line which confirms the bearish trend. As per the weekly chart, support is at 310 - 315 level. Resistance zone is 358 - 362. Buy above 353 with the stop...
Trend deciding zone is 4350 - 4360. Price is at support zone formed by the trend line. By taking the support of trend line, price can move up. Buy above 4360 with the stop loss of 4330 for the targets 4390, 4420 and 4450. Sell below 4300 with the stop loss of 4330 for the targets 4260, 4220 and 4180. 4300 - 4320 is a strong support zone. 4390 - 4400 is...