India
Easemytrip Bullish pattern ❗🛑 easemytrip forming bullish pennant pattern
◽ Pattern represents that
After a strong upmove weak hands and short term Bulls were exiting from thier position
◽If green trend line breakout with huge volume then we can see it journey towards 700
◽ Fundamentaly strong stock
◽ good stock for long term vision
➡️ If it breakout 626 level then
◽ We can see target for short term 720
◽With SL 546
◽ R:R is 1:1.3
➡️ If it breakdown 573 level
◽We can see Target 480
◽With SL 656
◽ R:R is 1:1.2
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PRINCEPIPES - Heikin Ashi trend sequence perfection.
Look at the above 2 candles mentioned.
CANDLE 1 - Doji formation indicating the end of further down trend.
CANDLE 2 - Green bullish candle with no tail, indicating strength of bulls.
Also, look at the pennant & POC breakout, accompanied by 50 EMA support.
The follow up should be bullish.
Keep SL as 50 ema.
Divergence Trading 1: Long BurgerKingClear Divergence shown by RSIDIV-I,II & III with price taking support at 50MA.
We can expect price to move up to 164 level with stoploss of 156. Present price 158.8
FUN BREAKOUT POSSIBLE???????
Breakout MSB Level
Re-Testing Now
Pump Can Be Seen AnyTime
Buy & Hold
Buy : 0.02$ - 0.0225$
Sell : 0.02475$ - 0.02876$ - 0.035000$ - 0.0440$
StopLoss : -7%
NEWS:
$FUN is set to kick off its deflationary blueprint with a scheduled token burn on 30th September 2021.
15 days burn coming
IGC India Globalization Capital bullish newsAfter the last pump and dump of IGC caused by Cohort 2 of IGC`s Phase 1 THC-Based Clinical Trial on Alzheimer’s Patients
now India Globalization Capital comes with another bullish news on the subject: the cannabis-based investigational drug IGC-AD1 was safe and well-tolerated by the Alzheimer’s trial participants!
My first target is the 2.10usd resistance.
is everything rainbows, roses, and unicorns for India?The great mobility of capital in India has been known for some time.
In the endgame however, valuations becoming overstretched, although a mere extra, is one of the principal actors. So we must consider unicorns to be developed as as necessary step in this battlefront and it is no surprises from a timing perspective.
So we have the following charts: Nifty slowly approached the 12,000 level, and when arrived it brought together all kinds of unloading, more than enough for a hearty breakfast.
Once more we consulted, this time with the price at 8,500, and this picture was intended to convey how after the penetration, we should typically look for a slingshot towards the highs in a 5th wave.
Here we now have the proper moment to get into contact with the corrective swing. I am looking for an August/September temporary high that could last into Q1 2022, and so we can become a bit more enterprising with the next moves.
Here eyeballing a correction from current levels, 16,500, towards the 12,500 support over the coming months and quarters. This is demonstrating profit taking as the big beasts and sharks book gains for the year, and bringing your portfolio to safety rather than anything else.
BTC (INR-adjusted) / SENSEXAs long as we are above 36.9 for BTC / Sensex, there's no reason not to own BTC.
The almost-10-year-old trendline is also acting as a strong support zone.
One more interesting point to note is how BTC ripped up in May 2017 after breaking out of the Nov 2013 highs. After the May 2017 breakout, the former highs acted as support in July 2017. Post that retest, BTC / Sensex roared to the famous 2017 BTC bull run.
Now, a similar pattern in the ratio, with those December 2017 highs acting as strong support, can be seen developing in August 2021.
Not investment advice. This is only for educational and entertainment purposes. Please refer to your investment advisor before doing anything. I am neither a registered investment advisor nor a research analyst.