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GODREJPROP AT MONTHLY 40 SUPPORT #GODREJPROP down 60% from all-time highs & testing the confluence of supports! Price retesting horizontal breakout + primary trendline support since 2014. Monthly RSI @40 Support which indicates Value Buying in stock. Good For Investment Point of view. On Weekly + Monthly TF Price formed a falling wedge Patten and price also very close to upper downward trendline .After Breakout Good move can be seen in coming days. Wait for a higher high on daily before going with a full position. Price might consolidate for a few more weeks. Chart Showing perfect low Risk & High Reward Setup. Find Perfect Entry in Lower Timeframes. Positional Targets:- 1200/1355/1500+✔️
NSE:GODREJPROPLong
by Jha_Nidhi
1
GUJGAS HAMMER at TRENDLINE SUPPORTThe price trading near the trendline support and price formed hammer on weekly chart and also price taking perfectly support also at the trendline and weekly RSI also at the 40 support which shows that price has momentum to go upside and price can move towards the upside levels. 👉🏻At trendline support✔️ 👉🏻Hammer at support on weekly chart✔️ 👉🏻 Weekly RSI @40 Support 👉🏻Risk reward too good✔️ 👉🏻Support at 445✔️ 👉🏻Target: 490/505/515+✔️
NSE:GUJGASLTDLong
by Jha_Nidhi
TORRENTPHARM NEAR BULLISH MOMENTUM VIEWThe price trading near weekly demand zone . A significant decline has been seen in the price and the price is now trading near the demand zone. so the price can takes rest from the decline and can move upwards from the support zone and RSI also taking support near 40 level which shows upward momentum of price. If price respects this levels than price can move for their upper targets of 1560/1595+ #TORRENTPHARM 📊 👉Price at weekly support zone 1430📈📉 👉RSI at 40 support 👉Support seen at 1445/1450✅ 👉Reversal sign📈 👉If holds then its can move for 1560/1595+🎯 👉Add to your watchlist👍 Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
NSE:TORNTPHARMLong
by Jha_Nidhi
ETH Key Areas to WatchETH is currently trending along a upward sloping trend line. It could be an area for the price to bounce of. In addition, the RSI is bouncing off the 40 RSI support level that has been held for 11 days. The $151 to $155 is a key resistance level to watch as it the price has been rejected multiple times in the past. If it breaks that area, a key area to watch is around $167 as that is a former swing high. If ETH is able to bounce of the trend it, it would form a ascending triangle, similar to bitcoin.
BITFINEX:ETHUSDLong
by aoeuaoeu
BTC Important Levels to WatchBitcoin broke out of a strong downtrend line and is attempting to start a breakout. However, it still has to break out of the ascending triangle and the 11.7k resistance level within the next day or so. If it does, Bitcoin could see a pump to the 13k region or more. If it does not, Bitcoin will likely test the 10.8k region and likely the 9k region. Now, let's take a look at the big picture to see how the short term price action will affect the big picture. (Weekly) The RSI is approaching a key support level around 53 that has always held since the Bitcoin hype started a year and a half ago. The MACD is close to crossover, but in the past, the MACD always leveled off and the bearish crossover has never happened. Based off a key trend line, BTC has strong support in the 9k-ish region. The weekly chart is indicating that Bitcoin has found strong support, and the correction phase is almost over. However, it'll extremely bad if Bitcoin tumbles below 8.5k and breaks 50 RSI, breaks the trend line, experiences a crossover. If that happens, key support levels are broken, and it could mean that this correction will be different from previous corrections. On the daily chart, it seems that Bitcoin is not quite done correcting. In the past, Bitcoin has bounced off the 30 RSI level during corrections, and it could easily test that level again. In addition, a falling wedge is forming, and Bitcoin may see another touch on the lower support line. On the bright side, the MACD is close to a crossover. The 4 hour chart isn't looking so great either. Bitcoin has some strong resistance in the 11.7k to 15k area. A price spike upwards could easily be a bull trap. The RSI is wedging; a break below the support line will send the price tumbling towards 10 or 9k, and break above will likely sustain a short-term up trend. However, the MACD is bullish as a key resistance level is broken and has found a strong support line.
BITFINEX:BTCUSD
by aoeuaoeu
2