Indianmarket
Ashok leyland below Value area.See how value creates support and resistance zones for price. supply and demand and how the sellers position themselves at the value high and buyers at value low. Once these levels get broken, there is a change in supply and demand dynamics. As you can see in the chart it was broken with pinbar ( shown rejection).
Long Ashok Leyland Target toward 50-53
Thanks
Mahanagar Gas toward 880After the initiative selling away from the big uptrend, value price makes a small shifting value. At this point, you need to start looking for the new control of price. I want you to go through the following thinking process when looking at this chart. Value is moving up, the control price is pointing up so we are in an uptrend for the moment. The trading activity is taking place on both sides of the control, we cannot see a clear difference in the volume of activity on the two sides of the value area. This indicates that the uptrend is not very strong. It is probably just a short move upwards, correction of price in a bigger downtrend on a higher timeframe.
Short Mahanagar Gas Target toward 907-880,
Stop: 944
Thanks
Beautiful chart on MATIC/BTC - Up to 300% ++ gains!This is one of the strongest project im eyeing on. Matic produced more than 10X back in Binance IEO during bear market.
Backed by COINBASE Ventures. this coin have potential to shoot past highs.
Rumour of it getting listed on Coinbase after Mainnet, and Coinbase is using Matic side chains(not sure where the source is, if anyone can point out would be great)
Phase 1 of Mainnet is completed successfully. Phase 2 to be completed in about 1-2 weeks.
Mainnet is only weeks away.
50+ DApps are building on Matic already.
Will Coinbase allow Matic Staking on their platform soon? (this will cause bulls after bulls..just like Tezos did in the past)
Many industry investors are also loving matic.
Chart wise, it looks like it is following reverse pattern from Oct 2019 backwards from my yellow arrows.
Now 175-195 sats is a really good buying zone as prices are accumulating..
Do note im not a financial advisor. this is only my opinion.
Thanks for reading and good luck all!
is nifty 50 losing strength ?nifty is showing ascending triangle on 30 mini chart with gap up opening from last 3 session.
but now its 3 rd gap showing intensity to open with gap is reduced,
it might be possible next session will open with small gap and then will give downside breakout.
i hope its is meaning full
please like and follow.