a. A decisive fight going on between bulls and bears. With formation of tri star doji formation on daily chart. Bear Flag formed on weekly chart and extended. In line to my expectation stock broke down. Retailers Haunted by FOMO entering at 120 levels preventing the sudden fall but could not prevent the correction of 9.77% over the period of last 4 weeks. Bearish...
Long NSE:TATACHEM Cash with 990 with Sl of 910. accumulation is about to over a strong support on 960 stock is ready to blast. Target 1: 1075 Target 2: 1200 Target3: 1500
NASDAQ:TSLA is on very crucial trend line and trading this BO will be tricky one. its a sure bull trade if given a daily closing above 206.83 with volume support. if successful Then Target0- 200 (Strong Open interest Resistance) Target 1- 237 Target 2 - 262 Target 3 - 313.80 support1 - 180 Support 2 - 163.91 (Strong Open interest support) Support 3- 152~148
BTC USDT: Bullish divergence. Accumulation from last 109+ days. increase in volume. It seems Diamond hands are accumulating the BTC's. Accumulation above 20500 with SL of 17700 pyramiding above 25300 with Revised SL to 20400 view void below 17700
Week close on 12592* * Strong Bullish on Daily chart , bullish engulfing candles on weekly and under construction Hammer on Monthly. * A strong Trendline resistance coming up on 12600 along with RSI at 48. very crucial to break above 12650 and sustain to maintain bullish stand. with RSI, Volume and Trendline resistance Fridays move looks like an Bull Trap. Mondays...
Week close on 17866* * Doji on Daily chart ,strong bullish candles on monthly and weekly. * Monthly Flag BO under construction. * Bollinger Band Resistance on Daily around 18K and more room to run on weekly and monthly chart. * A strong Trendline BO. Outlook for next week Neutral to bullish. Outlook for monthly Bullish . S1: 17500 S2: 17250 S3: 16950 R1: 18000...
Week close on 40504* * Doji on Daily chart ,strong bullish candles on monthly and weekly. * Bollinger Band Resistance on Daily and Weekly time frame and early stage symptoms of Band walk on Monthly. Outlook for next week Neutral to bearish. Outlook for monthly Neutral to Bullish. S1: 39900 S2: 38400 S3: 37400 R1: 40900 R2: 41400 R3: 41900 Support and...
SPX potential diamond bottom formation. with support of SMA 175 we might see a recovery. bulls need to defend ~3700 levels. but if we see a weekly close below 3600 we will see a free fall.
SMA 180 Weekly is the crucial support for the NDX. On the positive side if bulls manage to save the last frontier of 11539 -11031 range we can see the bull market like previous multiple instances but if we get a close below 11500. on weekly chart we will witness a freefall. 2001 (-64%) and 2008 (-41%)
$TSLA and AMZN are going to lead the fall of NDX with evident bearish divergence and big gaps to fill. lets see
The AMZN is showing the exhaustion in the trend and bearish divergence on Daily chart. It has to contributor to the NDX pull back too. so expecting it to fill the gap. lets see when it comes.
The NQ has bounce back from the lows with a good price action and with a reducing volumes its human psychology which has more of weightage of emotions of recent past "once bitten Twice shy". We need to remember this is a bear market and in near to bottoms there is always chaos. so trade with the strict stoploss and time to reduce the position size. let the...
The unfilled gaps are identified in the chart and assessment does not suggest my views are bearish. but looking at scenario being bearish may pay in short term.
SPX has 8 Gaps which are unfilled. which goes right upto 2300. MIcro factors on economy might be strong. but there is something else cooking underneath the ground like Geo political/Financial underlying assumptions. with a weak Leadership in US and challenges coming from Europe, Russia and china the being bear should pay in mid term. This is just a theses and...
Nifty H&S pattern formation, things may get ugly from here.
Adani enterprises has more fuel for another blast to 2000 see the chart, Cup and handle pattern formation.
range shift in rsi and BO on darvax box Target 2000
/NQ: view : bearish. Market continued the bull run in the month of Nov but shown the sign of exhaustion of trend. On monthly charts the presence of Gravestone doji and formation of bearish Diversion on RSI is clearly visible and indicating the trend reversal. Key support levels: 15600 - Signifies the long range monthly support for bull trend. if broken Market...