wedge pattern reversal in ACCACC LTD
Key highlights: 💡⚡
📈On 1Day Time Frame Stock Showing Reversal of wedge Pattern .
📈 It can give movement upto the Reversal Final target of Below 1965+.
📈There have chances of breakdown of Resistance level too.
📈 After breakdown of Resistance level this stock can gives strong downside rally upto below 1745-.
📈 Can Go short in this stock by placing a stop loss Above 2180+.
Trendanalyse
Bullish Flag pattern breakout in IPCALABIpca laboratories Ltd
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1145+.
✅Can Go Long in this stock by placing a stop loss below 845-.
#NIFTY Intraday Support and Resistance Levels - 06/09/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 19590 level and then possible upside rally up to 19710 in today's session. in case nifty trades below 19550 level then the downside target can go up to the 19430 level.
BTC/USDT 1HInterval ReviewHello everyone, let's take a look at the BTC to USDT chart on a one hour timeframe. As you can see, the price is moving below the local downtrend line.
After unfolding the trend based fib extension mesh, we see that the first support is at $25,492, then we have the second support at $25,084, and then the third support at $24,749.
Looking the other way, you can immediately see the resistance zone from $25,858 to $26,181, then we have an area that the price quickly goes back and forth, and then a strong resistance zone from $27,082 to $27,557.
Looking at the CHOP indicator, we see that there is energy to make a move, on the RSI we are moving around the middle of the range, however, looking at the STOCH indicator, we can expect an attempt to pull the price down.
Triangle pattern breakout in GLENMARKGLENMARK
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 830+.
✅Can Go short in this stock by placing a stop loss below 750-.
[INTRADAY] #BANKNIFTY PE & CE Levels(05/09/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 44550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 45050 level. Any Major downside only expected in case banknifty starts trading below 44450 level.
DOT/USDT 1D Interwal ReviewHello everyone, I invite you to review the DOT chart in pair to USDT, on a one-day interval. First, we will use the blue lines to mark the downtrend channel in which the price is currently moving.
At this point, it is worth including EMA Cross 10 and 30, which indicate the place of transition into a downtrend in which the price is still maintained.
Moving on, we can move on to marking support areas when we start a larger correction. And here the first support is at the price of $4.24, where the price remains, while further we have a strong support zone from $4.06 to $3.88.
Looking the other way, we see that the price needs to break through the resistance zone from $4.49 to $4.72, then we have a second visible zone from $4.90 to $5.09, then resistance at $5.35, and another resistance at $5.68.
On the CHOP index, we see that most of the energy is used, on the RSI we are moving at the lower end of the range, while the STOCH indicator is also moving at the lower end, which may indicate an imminent change in price direction.
BNB/USDT 4HInterval Review ChartHello everyone, I invite you to review the BNB chart on a four-hour interval. First, we will use the yellow line to mark the uptrend from which the price went down, then we have a visible downtrend, from which we observe the sideways exit and currently we can mark the local channel of the sideways trend with the blue lines.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and here we can see that the price is at the upper border of the support zone from $215 to $210, however, when we fall below this zone, we still have support at $203, and then we can see a strong drop to the support area at $184.
Looking the other way, we can also mark the places where the price should meet resistance. And here, a slight price movement will enter the resistance zone from $216 to $220, then we have the second zone from $223 to $225, then resistance at $229, and then resistance at $234.
The CHOP index indicates that there is a lot of energy to be used in the upcoming move, on the RSI we are in the middle of the range, which makes it difficult to determine the direction, but the STOCH indicator indicates a rebound, which may push the price towards the resistance zone.
DAILY BTC Chart Review 4HIntervalHello everyone, I invite you to check the current situation on BTC in pair to USDT, taking into account the four-hour interval. First, we will use the blue lines to mark the sideways trend channel in which the price is moving. Despite an attempt to exit the indicated channel upwards, the price quickly returned to its previous level. Locally, using the yellow line, we can mark a downtrend under which the price remains.
Now we can move on to marking support areas when the price starts a major correction. For this purpose, we will use the trend based fib extension tool and after unfolding the grid, we can see that the first support is at $ 25,462, then we have support at $ 25,054, and then we can mark support zone from $24,712 to $24,385.
Looking the other way, we can determine the places of resistance in a similar way. Here we can see that the price is fighting a resistance at $25986 which it has no strength to break yet, then there is a resistance at $26393, a third resistance at $26721, then the price needs to break the resistance zone from $27055 to $27536 to go further towards the resistance at $28,125.
Please pay attention to the CHOP index, which indicates that a lot of energy has been accumulated for the upcoming move, the RSI indicator is moving in the lower part of the range with a place for the price to go a little lower, while the STOCH indicator, despite a significant rebound, is still there so that we can see the price drop .
Bullish Flag pattern breakout in MPHASISMPHASIS LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Bullish Flag Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2600+.
✅Can Go Long in this stock by placing a stop loss below 2415-.
BTC/USDT 1H Interval ReviewHello everyone, let's take a look at the BTC to USDT chart on a one hour timeframe. As you can see, the price is moving below the local downtrend line.
When we unfold the trend based fib extension grid, we see that the first support is at $25,393, then the second support is at $24,987, and then the third support is at $24,645.
Looking the other way, we see price holding a resistance zone from $25,851 to $26,193, then resistance at $26,476, another resistance at $26,747, and then a strong resistance zone from $27,140 to $27,643.
Looking at the CHOP indicator, we see that the energy is rising all the time, the RSI shows a confirmation of the sideways trend, while the STOCH indicator shows that there is a lot of energy that can be used to pull the price down.
$WB - idea for a long-term investors
NASDAQ:WB drawing a double bottom figure.
Looks like and this is my prediction, that it will start 2-years growing tour from 18 to 89.
Potential is very high, but looking at the turning trend for the most of Chineese huge companies, I assume, Weibo Corp will hold this trend and stay closest to it.
NASDAQ:WB ::17.75->51::+187%::1year (Mar-Apr 2024)
NASDAQ:WB ::17.75->89::+400%::2years (mid of 2025)
Does not constitute a recommendation.
#investing #stocks #idea #forecast #furoreggs
Please, subscribe and challenge my point of view )
1D Review ATOM/USDTI invite you to review the ATOM chart in pair to USDT on a one-day interval. Using the blue lines, we can mark the downtrend channel in which the price is moving and we can see that we are approaching the lower border of the indicated channel.
Let's start by marking the price support spots and we see that we first have a $7.05 to $6.03 support zone, however if the price goes lower we have a very strong $5.03 to $3.60 zone and then when this zone is broken, we can see a drop to the $1.77 support area.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price has rejected the first zone which goes from $8.39 to $9.41, when we get out of it the price has to go through the second zone from $10.24 to $11.10 and then move towards very strong resistance zone from $12.23 to $13.73.
The CHOP index indicates that there is still energy for the ongoing downward movement, we are in constant rebound on the RSI and we see that each increase gives a quick return to the lower limit of the range, while the STOCH indicator is heavily exhausted, which may give a temporary price rebound.
BTC analysis on a four-hour intervalHello everyone, I invite you to update the current situation on the BTC pair to USDT, taking into account the interval of four hours. First, we will use the blue lines to mark the downtrend channel from which the price dynamically went down, then with the yellow line we will mark the downtrend line under which we are moving.
At this point, it is worth turning on the EMA Cross 200, because we can see an attempt to break the blue line of the trailing 200, which ended in failure, and when the re-attempt to return to the uptrend was rejected, we could see a rapid drop in the price.
Next, we will move on to marking support, for this we will use the trend based fib extension tool and after unfolding the grid, we can see a strong support zone from $ 26,169 to $ 25,574, where the price is currently holding. However, when we fall from this zone, we can see a drop to the second support zone from $24944 to $24068.
Looking the other way, we can determine the places of resistance in a similar way. However, here you can immediately see that the first two resistances have been overcome with a dynamic movement only the price has been rejected in the strong resistance zone from $ 27259 to $ 28170, only when we exit this zone upwards and then positively test it we will be able to see an increase towards the resistance at 28844 $, then an upward move to strong resistance at $30,799.
Please pay attention to the CHOP index where we can see that the collected energy was quickly used to re-dump the price, on the RSI indicator we have a strong rebound but at this point you should mark the area where there is still room for the price to go a little lower, while the STOCH indicator exceeded the lower limit which indicates a temporary sell-out, which can give a moment of rest and sideways movement.
Daily Review BTC/USDT 4HIntervalHello everyone, let's take a look at the BTC to USDT chart on a 4-hour timeframe. As you can see, the price turned around just before the downtrend line.
After unfolding the Fib retracement grid, we see that the first support is at $27,010, then the second support is at $26,671, then there is a support zone from $26,311 to $25,817, and then a strong support at $25,180.
Looking the other way, we can similarly mark resistance areas and in this situation the first resistance is at $27720, then the second resistance at $28306 where the price reversed, then we have a very strong resistance zone from $29159 to $30239.
Looking at the CHOP indicator, we see that the energy is slightly regained, the RSI deepens its decline with room for further price correction, while the STOCH indicator shows that there is room for the price to go lower in this rebound.
Descending Triangle breakdown in HDFCAMCHDFC ASSET MANAGMENT COMPANY LTD
Key highlights: 💡⚡
✅On1Hour Time Frame Stock Showing Breakdown of Descending Triangle Pattern .
✅ Strong bearish Candlestick Form on this timeframe.
✅It can give movement up to the Breakdown target of 2345-.
✅Can Go short in this stock by placing a stop loss above 2510+.
Ascending Triangle pattern breakout in LITIMINDTREELITIMINDTREE LTD
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Ascending triangle Pattern .
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 5700+.
✅Can Go short in this stock by placing a stop loss below 5110-.
DOT/USDT 4HInterval Review ChartHello everyone, welcome to the DOT review in tandem with USDT. First of all, we will use the yellow line to mark the downtrend, as we can see the price tried to break above this line, but this attempt failed and the price quickly turned around.
Going further, we can move on to marking support areas in a situation where the correction will deepen. And here we first have a support zone from $4.48 to $4.38, then we have strong support at $4.27, then another support at $4.13.
Looking the other way, we see that the price did not hold above the first resistance zone from $4.63 to $4.84, we see that we touched the second zone from $4.78 to $4.84, but there was no energy to go further when it will move towards the $4.94 to $5.06 strong zone.
Please look at the CHOP index, which shows that the energy is slowly gaining strength, the RSI has a strong rebound, although there is still room for price to fall, and looking at the STOCH index, we see that most of the energy has been used up and there is some room for further movement.
BNB Chart Review 4H IntervalI invite you to review the BNB chart on a four-hour interval. As we can see, the price has broken the downtrend line and is now struggling to stay above it, while currently we will use the blue lines to mark the uptrend channel in which the price is approaching the lower limit.
After unfolding the Fib Retracement grid, we can mark the support zone from $219 to $215, when this zone is broken, there is support at $210, and then we have support at $203.
Looking the other way, we can similarly determine the places of resistance that the price has to face. And here we see that the price is now back below the resistance at $225, then we have resistance at the golden fibon point at $230, from which the price rebounded, only when it breaks up we will move towards the resistance at $238.
The CHOP index indicates that the energy has been consumed in the last increase and during the current recovery there is an accumulation, on the RSI we have a visible recovery after overheating but there is still room for the price to go lower, the same is indicated by the STOCH indicator which shows the place for us to fall to the support zone.
ETH/USDT 4H Interwal Review ChartHello everyone, I invite you to review the chart of ETH in pair to USDT, also on a four-hour interval. We will start by marking the place where the price rebounded above the EMA Cross 200 blue line, remaining in the ongoing downtrend. Further, using the yellow line, we can determine the downtrend line under which the price is currently located and from which it rebounded during yesterday's upward move.
Now let's move on to marking the places of support. We will use the Fib Retracement tool to mark the support, and here we will first mark the strong support zone from $1700 to $1648, then we can mark the second zone from $1625 to $1592, when the price goes lower we can see a drop around the $1549 support .
Looking the other way, we can also mark the places where the price should encounter resistance on the way to increases. And here we can see that the price failed to break the resistance zone from $1714 to $1752, it turned around at the upper border of the zone, only when it breaks it will move towards the resistance at $1807.
The CHOP index indicates that the energy has been used, the RSI has entered a downtrend, what's more, you can see that there is a lot of room for further decline, while the STOCH index also confirms that there is energy for the price to fall to a lower level.
BTC 4H Review Chart (price adjustment)Hello everyone, I invite you to check the current situation on the BTC pair to USDT, taking into account the four-hour interval. First of all, we will use the yellow line to mark the downtrend, which the price could not overcome, while at this point you can mark the triangle in which we are currently moving. Moreover, locally, it is worth marking the sideways trend channel from which the price went up by the height of the indicated channel.
When we turn on the EMA Cross 200, we see that the price broke the blue line and wanted to return to the uptrend, but the attempt failed and we saw a quick reversal of the price.
Now we can move on to marking support areas in case of deepening correction. And here in the first place it is worth marking the support zone from $26968 to $26599, however, when we fall below this zone, we can see a drop around the second zone from $26299 to $25684, and then we have a strong support at $25012.
Looking the other way, in a similar way using the Fib Retracement tool, we can determine the places of resistance. First, we will mark the resistance zone from $27,640 to $28,253, where we lack the energy to go up, only when this happens, the price will move towards the second very strong resistance zone from $29,129 to $30,238.
Please pay attention to the CHOP index which indicates that the energy has been used and there is currently an accumulation visible, on the RSI we crossed the upper limit which indicated overheating and a trend reversal where there is still room for the price to go lower, also the STOCH indicator confirms that there is room for us to they went a little lower in this reaction.
ETH/USDT 1HInterval Review ChartHello everyone, let's take a look at the ETH to USDT one hour chart. As you can see, the price is moving above the first and second lines of the local uptrend.
After unfolding the Trend Based Fib Extension grid, we see that first there is a support zone from $1715 to $1705, then there is a second zone from $1696 to $1683, then support at $1666, and then strong support at $1616.
Looking the other way, we can similarly determine minor resistances and here we will first mark the resistance zone from $1733 to $1751, then the resistance at $1765 and the strong resistance at $1780.
Looking at the CHOP indicator, we see that the rebound gathered a lot of energy, on the RSI we have a rebound with room for a further decrease in price, while the STOCH indicator shows room for growth, however, the upward move gives a small price movement on the chart, which may result in a price drop in the next hours .
Head & Shoulder pattern breakout in PIDILITINDPIDILITE INDUSTRIES LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Head & Shoulder Pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2616+.
✅Can Go Long in this stock by placing a stop loss below 2515-.