Hello everyone, if you like the idea, do not forget to support with a like and follow. Welcome to this DOT/USDT update. DOT looks very promising here and looks like hovering near the bottom. DOT is trading inside a symmetrical triangle in the 2-day time frame. Currently, it is moving near the lower trendline of the triangle. So buying here will be very low risk....
BSE:HINDALUMI broke out from a 2 year accumulation area formed after a strong downtrend of 80% The accumulation zone slightly resembles a head and shoulder reversal pattern. The accumulation zone is at the same price range of the previous accumulation zone from which price moved 200% Increasing volume in the accumulation zone prior to breakout shows increasing...
NSE:RADICO broke out from a bullish flag pattern and retraced back to the breakout price. Price also stands near a resistance turned support. (Rectangle area) Enter entire position at C.M.P, Targets: 1300/1450/1500 sl- below 1150 NOTE: low risk high reward trades have a lower hit rate. Position size accordingly. HAPPY TRADING!
NSE:NEOGEN is consolidating in a rising channel pattern. Price is at support of the channel. Good opportunity to buy and hold for big money. Exponential move if price breaks out from this channel. Place sl below the channel (below day's low) Potential 1:10+ trade. Don't miss out! Position size accordingly. Low risk high reward trade. HAPPY TRADING!
NSE:INDIACEM Broke out of a major expanding channel pattern. Breakout candle is very bullish and volumes are heavy on the buy side. Price is in a low volume consolidation mode in the form a rising channel pattern on hourly timeframe. Momentum is expected to continue after the break of this pattern. One can enter at C.M.P with entire position for 2:7 Risk...
NSE:JINDWORLD has given a breakout from an old resistance uptrend line. On a lower time frame, it has also given a breakout from a narrow low volume consolidation zone. (Pink rectangle area) Volumes on trendline break towards all time high look very bullish - the highest since last 2 weeks. A risky momentum trade can be taken with a tight sl , going for 1:4...
I think the index failed to break down as you can see on the chart. As long as 4 hour candles keep closing above 27500 then I believe we will see higher prices. Expectations: 1. Price will rise to the middle of the channel 2. price will rise to 30,000 zone 3. price will stall between 30,000 zone and the middle of the channel, then continue up best of luck :-)
It seems like GBPCHF is forming a cup and handle pattern, and as you can see on the chart, there are some indications that we might be at the bottom of the handle : 1. ABCD retrace from the recent high in the weekly chart and the daily chart 2. weekly candles closed above the channel ( channel break ) 3. we are currently in support zone 1.2500 4. immediate...
This honestly might be the best risk:reward setup I have ever seen on a trade. While the fundamentals might not agree... we know that anything can happen in this market. Expect the unexpected.
I love OTM calls because I do not have a tone of money to invest and they are basically low risk & high reward. By low risk I mean you can only loose the small amount of money you put in while the return could be double or triple your money. Using TA software like tradingview & their algorithms/scripts created by TA geniuses has been my biggest success. What...
An inverse 'Head and Shoulder' pattern on display. The stock is also moving in a 'Parallel Channel'. A breakout above the neckline would take the stock to 50 which is a 21% gain.. RSi at 66 also looks positive to support the momentum. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. So kindly express...
JMIA is currently testing its previous trendline as support( green line ). The candle pattern and standard deviation pertaining to strength of move in relation to volume, indicates that a base has been formed above the previous resistance. If the price action is able to break the current resistance( blue line ) formed within the move above the previous...
Call it a VCP or a Cup and Handle Breakout. Golden Cross just happened on Daily Chart. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement & improvements so that we learn & earn together. Please support the effort and...
Coming out of a VCP or a cup and handle pattern. Awaiting a breakout. ***** Help Me to Help Us. I believe in keeping the chart simple with minimal drawings & easy to interpret. Always keep a stop loss to rescue you out of troubles. So kindly express any disagreement & improvements so that we learn & earn together. Please support the effort and appreciate it...
Having crossed a few resistances , the stock is on song riding the channel beautifully. One can enter even at current market price for a target of 174. As long as the price doesn't break the lower side of the channel ( orange line) , there isn't any threat.
Reliance RSI has approached nearly the COVID bottom. It had bounced up over 1200pts when it reached these levels the last time. If buyers step in, we may see a new base being formed. The stock has been a favourite for investors so far as it's given short-term returns that midcaps & small-caps can only dream of. In fact, it was one of the fastest recoveries from...