House-of-Technicals

House-of-Technicals

Though Bullish on Bigger Time Frames but it has Started making LH LLs on Daily TF. Currently at Important Support level. Bullish Divergence has appeared that should give it a Bounce. If 345 is Sustained, we may witness slight upside may be around 375 - 385. If 391 is Crossed with Good Volumes & Weekly closing is above this level, we may see it touching 415 - 420...

House-of-Technicals Updated 

Currently Near Channel Bottom around 935 - 940. Either it should bounce from 932 - 935 or otherwise breaking 930 would open ways towards 827 - 830. As mentioned many times in my earlier analysis that the Bullish Momentum would resume only if it Crosses & Sustains 1200 - 1250 atleast.

House-of-Technicals

Weekly Cup & Handle Targets Intact. However, Bullish Flag Pattern Target is achieved. Slight Correction is Expected. But Stoploss is Must.

House-of-Technicals

It has taken Support form 23.40 which is a Very Strong Retracement level. Immediate Resistance Zone is around 31.90 - 32.50. If this Level is Crossed, we may witness 34 - 34.20 However, it should touch 40 - 41 in medium term. Immediate Support levels are 30.30 & then 29.30 which seems to be tested.

House-of-Technicals Updated 

The Only Negative Point is the Bearish Divergence on Comparatively Bigger Time Frames.

House-of-Technicals

Bullish on Daily TF. ABCD Pattern will be in play once it crosses & sustains 19.50. Potential to touch 24 then.

House-of-Technicals

Bullish on Bigger TF. However, good support is around 520 - 530

House-of-Technicals

If the Support around 21-21.50 is Sustained, we may witness further upside around 27-28+

House-of-Technicals Updated 

I have also put 3 test cases for Future Learning that I will share with My Students later Inshaa ALLAH. Under all those Test Cases, Index should show Positivity in Upcoming Days (may be tomorrow or onwards). But Tomorrow's Closing is Important to see. Either it fails or play (as expected), there would be a lot of New Learning (for me atleast) Inshaa ALLAH....

House-of-Technicals Updated 

Though Bearish Divergence is appearing on Weekly Tf; but no Bearish Candle yet & crossing 425, it may hit 445 - 450. However, Friday's Closing is Important. It may retrace up to 358 - 370 & a Good Bounce is then expected. That may be considered a Good Buying Opportunity. & if 355 is Broken, we may witness 290 - 295.

House-of-Technicals Updated 

GHNI has successfully completed its Weekly ABCD Pattern around 590 - 595. However, there is No Bearish Divergence Yet on Bigger Time Frames. Monthly Closing above 592 - 595 would be a Positive Sign. However, it should retrace upto 540 - 550 once for a Good Upside Rally again. Breaking 500 may bring further Selling Pressure.

House-of-Technicals Updated 

No bearish divergence yet, however, there is a resistance around 79 - 80 initially.

House-of-Technicals

No Bearish Divergence yet on Bigger TF. Strong Support around 36 - 37 which is being respected. Immediate Support seems to be around 38.30 - 38.50 Immediate Resistance is around 45 - 46 & then around 56 - 57. Crossing & Sustaining 57 may lead it towards New Highs.

House-of-Technicals Updated 

Retraced upto Golden Pocket of Recent Bullish Rally which is actually a Healthy Correction. Now, it should take Support from 23 - 23.10 & touch 25 - 25.50 initially. To Start its Bullish Momentum again, it needs to break 27.50 atleast.

House-of-Technicals

660 - 665 is a Strong Resistance for now. Monthly Closing above 660 is Required with Good Volumes for its Further Upside move. If this level is Sustained, we may witness 750 - 770 & then ABCD Pattern will be in play if 775 is Crossed & Sustained with Good Volumes, targeting around 1000+ On the flip side, 590 is an Important Level that should not break on Monthly basis.

House-of-Technicals Updated 

Monthly Closing above 58 would be a positive sign. It is Currently at a Very Good Support & it should bounce from this level towards 60 - 62. However, Next Support levels are around 55 - 56 & then 49 - 50. More Positive Momentum will start after 71 - 72. Initial Resistances are around 63 - 65 & then around 82 - 83.

House-of-Technicals Updated 

Evening Star formation on Daily TF. However, it is still Bullish on all Time frames. It is currently at Make-it or Break-it sitaution. Next Support is around 17.90 - 18.50 On the flip side, 24.50 is an immediate resistance.

House-of-Technicals

Still Bullish on Bigger TF. But the Bearish Divergence is not letting it move upside. However, it is currently near its Trendline Support. It should bounce from 95 - 96. & If 91 - 92 is broken, we may witness 85 - 86. On the flip side, Crossing above 104 - 105 may lead it towards 114 - 115 initially.