iamastudent

iamastudent

A good tech company with lot of potential but price needs some correction at this moment RSI - On daily chart bearish divergence can be seen. A bearish flag like pattern is also formed on the daily chart. Fib levels are provide for targets. Above ideas are for learning purpose only. Please do your own research before taking any trade.

iamastudent

AVAXUSDT pair is in accumulation zone and almost ready for tingle breakout. Yesterday it tried to breakout above but the daily candle did not close above the trend line. RSI - Still no clear direction ADX - This is looking interesting and showing that there is a big move we can see in either direction, but still hard to guess in which direction. As per the current...

iamastudent

ITC is consolidating between a triangle pattern. If it breaks above from the triangle, 236-237 will be the target we can consider, if it breaks below, 200-196 levels are ready. This is just for education purpose and self learning so please DYOR before making any trade decision.

iamastudent

It looks like CHAINLINK/USDT pair is getting ready for another leg up. $50 is not so far, just need to break the resistance of $34.

iamastudent

BNB Price is running above 20MA, and hope to stay above that. As this coin is very much influenced by the price of bitcoin, if btc stays stable or bullish, seems it will print a new all time on the chart very soon. Will test to breakout above. To stay bullish, price must stay above 279-280 levels. I think it will consolidate here for few more days before moving a...

iamastudent

Last week I posted a long entry for reliance, but looks like due to the corona crisis, price action did not work as per expectation, and now it seems like an head & shoulder is in making. Price may fall below to 1950 levels and if the support breaks down, it can go down to 1828 levels.

iamastudent

Daily candle managed to closed above 200MA which is a good sign. A falling wage pattern which is a good and bullish sign. Need to wait for the breakout above from the wage pattern. Good for early entry but if still want to play safe, buy on breakout, so wait for the daily candle to close above the trendline above.

iamastudent

Bharti Airtel taking support on 200EMA, and facing resistance of 100EMA and 20EMA. To me, looks like into a no trading zone as one of the bearish flag like pattern is formed and if it breaks down buy range will be around 510-515 levels. On the other hand if it goes above, a safe entry will be around at 537-540. However, not expecting it to go down as the 200EMA...

iamastudent

Even after SEC lawsuits and lot of hate from crypto community, seems like XRPUSDT pair is preparing for another pump. BBand is squeezing and daily candle is trying hard to push the price above the upper band. Price is getting rejected when see the trendline from the 1st Feb 2021. MACD slowly, but turning into green. Over all looks like XRP is almost ready to...

iamastudent Updated 

Looks like a morning star on daily chart and RSI also bullish. Making a long entry here. Just for own learning :)

iamastudent Updated 

HCL Technologies going well inside channel support. as per EMA Indicators also showing bullish. Trying to break the resistance at around 985 but failed couple of times. 1000 should be done in couple of days.

iamastudent

After yesterday's big red candle, today it created a green engulfing candle which is generally a bullish sign. If we see the complete picture, it looks like a cup & handle pattern. Expecting it to start rallying again, but will be depending on the over all market sentiments. In term of the chart patterns, it took support on BB indicators lower band. Fib support...

iamastudent Updated 

ITC is consolidating and stuck between a range from around 200 to 220. A good support and resistance levels for swing traders. BB - indicator is showing clearly the change in the trend, but it will consolidate for few more days(may be a week or more). MACD - Sell off pattern is also changing and hoping a reversal soon. All of above pattern shows that the stock is...

iamastudent

Infosys still managing its uptrend on a daily candle. A double top already formed. Price failed to breakout above and price rejected but rejection does not look very strong. A long entry if the daily candle close above 1397. MACD showing strong bullish momentum.

iamastudent Updated 

As per chart pattern inverse head & shoulder in the making. 45INR short term target.