Anupam Rasayan India Ltd. is one of the leading companies in India engaged in the custom synthesis and manufacturing of specialty chemicals. It has two distinct business segments that manufacture life science related specialty chemicals including products related to agrochemicals, personal care and pharmaceuticals, and other specialty chemicals, including...
Tesla has struggled since last summer, and now some traders may see further downside risk. The first pattern on today’s chart is the bearish gap on January 25 following weak results and guidance. The EV maker has remained under the preceding low. Has new resistance formed below old support? Second, TSLA was rejected at $200 on February 16. The resulting hanging...
SUPER has rejected the golden fib and printed the three black crow candlestick pattern. This is generally pretty bearish. With an over-heated BTC I expect this to continue unless they drop some random bullish news. The token is up over 10x in a few short week. I expect a pullback to 90 cents for some retesting of prior support.
Yesterday, bulls regained full control over broad market, not just managing to set daily higher low but doing it spectacularly. With no historical resistance above it is impossible to say when this rally will end. Any short trade should be discouraged until there are some clear signs of reversal. Bulls, who missed the move, can look for 15m/1h consolidations for...
Despite giving a red candle and negative closing of Nifty after making a new high of 22297.5 the closing the week above 22200 is a good psychological win of Bulls. This indicates that the rally has not lost steam. Profit booking was seen in a lot of scripts which brought the index down however the psychological level of 22200 was not broken. The supports for Nifty...
today Nifty witnessed a gap up opening, however it failed to sustain at higher zones thus small profit taking move did took place at higher zones GOING FORWARD: expect consolidation in index here-onwards in between 22000-22400 zone sectors like BANKING, IT , likely to do well
Buy Chainlink! Ascending Scallop Pattern Look to ride the wave up to $25 Buy or Long
CADJPY is trading in a bullish trend. After setting a new higher high higher close on a 4H time frame, the pair started to consolidate within a horizontal trading range. I am waiting for a bullish breakout of the resistance of the range. 4H candle close above 111.76 will indicate the strength of the buyers. A bullish continuation will be confirmed then. Next...
Market Structure Bullish on Higher Time Frames Weekly Close showing strong buyers in the market Daily Engulfing candle Weekly Rejection at AOI Daily Rejection at AOI H4 EMA Retest REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique :...
GBP/USD reversed its direction and declined below 1.2650 after rising above 1.2700 earlier in the day. Renewed US Dollar strength on the back of better-than-forecast Jobless Claims and upbeat PMI data makes it difficult for the pair to keep its footing. GBP/USD is the forex ticker that shows the value of the British Pound against the US Dollar. It tells traders...
The daily chart shows a nice bullish trend on the daily chart. A minor retracement has occurred at the cycle highs, although Thursday's bullish hammer found support at the 100-day EMA, 38.2% Fibonacci level and prior swing high. RSI (2) is confirming the trend and RSI (14) is above 50 to show bullish momentum of the past three weeks. Given the bullish trend...
The stock is in uptrend and consolidation for 2 months, it has given a daily breakout out of the consolidation zone. The stock may be picked up for a quick swing trade at cmp for a target of 5% - 480. The stock may be picked for a good short term swing between 420-438 for a target of 573 and trailed to swing top. Shall update confirmation further on price...
Gbp/Jpy For GJ this is what I am looking for . Waiting for a pull back to our demand zone to look for longs . The pull back range is about 100-200 pips so I will be looking for short term sells where price is at now . We are at a Monthly supply zone so I expect some bearish pressure to come in the market . 4 Hour :
EUR/USD Higher timeframe for this pair is bearish . The 4 hour structure is on a downtrend but the internal structure is on a uptrend for now . If price respects that internal bullish structure we can see EU go back to 1.08800 . I'm favoring more the sells because there's a bunch of liquidity below the current low and price is coming from my supply zone . If we...
The Aussie rose for a seventh day, which is statistically quite rate. That stat alone suggests the bullish sequence is in need of a break, and the technical might just agree. A wide bearish pinbar formed around the 100 and 200-day EMAs whilst RSI(2) was overbought. From here, bears could seek to fade into retracements within Thursday's pinbar and initially...
After Lucid missed the expectation earnings Lucid keeps going down and breakthrough a resistance at 3.13 The Price is almost at the lowest again(@2.55), maintaining a strong sell sentiment.
I Tyree Thomas Jr am expecting a possible reversal for a sell when price retest the red zone. The Kobane forex trading plan that Curtis Kobane Branch taught me is the main trading strategy. At times, I may also use the Delorean skill set that I learned from Tyrone Foster.