1. Weekly chart of XRP . 2. Broke out of a strong level in 2016. Now back to test the breakout level to know if buyers or sellers at that level. 3. Selling has almost dried up while coming to the zone and with time the selling has been reduced drastically. 4. Market cycle is volatility contraction / expansion . XRP charts shows energy building up to either...
CENTURY TEXTILES has formed a double top on a strong resistance zone and good bearish candles . Lot of confluences of support and resistance levels . Can go short at CMP or retracement back to resistance zone and then AB = CD move to the next support levels .
TATA Motors is moving in a channel . Can go short below the low of last candle for target at next support levels .
NIFTY is moving in a broad bull channel . Can go short scalp and go long at the channel support as long as moving inside it.
CENTURY TEXTILES has formed a spinning top at support level . It formed a double bottom and now testing the neckline level. A good winning long trade as long as the 635 level holds . Levels are mentioned in the charts.
BERGER PAINTS after forming a possible triple top has made an inside bar below the support level. MACD bearish crossover too. Can go short below the level for a good profit. Levels are mentioned in the charts .
PIRAMAL is bearish on hourly. It has closed today on support level on daily basis . Can go short once the support level breaks . Levels are mentioned in charts .
DHFL has broken out of a key resistance area on hourly . It has also formed an inside bar . Can go long above high of candle . Levels are mentioned in charts .