NASDAQ:TSLA #Tesla first time after Sep 2022: ⚡️Started Outperforming S&P 500 ⚡️Trading Above 200-Day Moving Average Can give a good risk-reward entry if consolidates for few days
#Nifty ~ 17030 ✨taking strong support. ✨In the last 10-12 days, not been able to sustain below the 16900-16850 zone ✨Good Risk-Reward to Start Buying Quality #Stocks ✨Unless there is further negative news, Today's good closing will trigger strong upmove
⚡️Early Signs of Top Formation ⚡️ Stage-4 may be confirmed below the 2000-2030 zone only ⚡️If it enters in Stage-4, it may go toward 1500-1600 zone ⚡️Except Covid Crash, first-time price sustained below 200 DMA &Weekly RSI below 40 ⚡️ Looks like Reliance Chart follows 78-80 Week time cycle ⚡️The current time cycle is about to complete in next 2-4 weeks
Mahindra & Mahindra (#M_M): ⚡️Looks like entered in Stage-4 ⚡️Can go towards 1055 & 960 ⚡️Strong confirmation if retest 200DMA and fails to sustain above that level. View invalid above 1150
17000-17050 is acting as strong support. Aggressive selling will come only below 1700
Silicon Valley Bank Stage Analysis: If you understand this, you would have exited in January 2022 Never Buy a Stock That are in Stage-4
📉 Last 84 Days, 8% Down From Top 🚏 Short Term Trend Negative to Sideways 📌 Larger Picture is still positive as this phase is still considered as retracement to the last 24% Rally in 167 days ⚡️High Probability of a good rally in upcoming weeks ⬆️A good rally is expected once prices start sustaining above 18000-18100 zone ⬇️If prices fail to survive above...
Dow is breaking down its trendline resistance. It made multiple tops and now breaking down. A close below 33300 can trigger a big fall
After 75 Days of dull market, Nifty is breaking out and trying to sustain above 21 Day Moving Average Expecting a Good Rally Across #Stocks
Siemsns Broke out today. Trading at all time high. Company declared solid results
looks good => Breakout + Relative Strength + Good Q3 Results View Invalid below 1045
#Nifty is Getting ready to breakout and sustain above 21 Day Moving Average Although I believe it has a high probability of breakout and a rally across the market
Clear Breakout in $SPX (S&P 500). Other Markets will catch up
Today is Friday! 💰 Adani Stocks might see some support 🤞 ⚠️ Beware! 📉 The larger trend is negative & likely to continue for months 🚫 Avoid stocks trading below the declining 200 Day Moving Average 📈
KPIT breaking out from darvas box. Getting ready for big move
S&P 500 showing an early breakout signal. As per the Finasko.com, the current PE Ratio of S&P 500 Index is 19.88 which is below its historical Average of 22. It shows that Market is fairly valued and if price sustains above the trendline, we can expect a rally
#Nifty gave closing above 21 Moving Average on 18 Jan. Thereafter follow-up buying was missing & after 4 days of tussling between bulls and bears, nifty is back below 21 EMA In #short term trading, keep it slow when nifty comes below 21 EMA. The attempt for a rally has failed as of now
#Nifty 4 days of sideways move after closing above 21EMA Follow Up Buying missing as of now