Hello & welcome to this analysis using Ichimoku Multi Time Frame Analysis
Stock has a history of lengthy periods of sideways correctives. The current scenario suggesting a trend line resistance if taken out then upside till 2250-2350 where it faces a major resistance. Support at 2050-25 if violated then next major support at 1900-1875. Anything below that would...
Hello & welcome to this analysis on India's largest bank
A strong uptrend which has recently seen a sideways corrective and the record date announcement of its merger with HDFC LTD could now see it give a strong up move pre-merger.
If it manages to hold 1590-1610 then above 1670 it could rally till 1750-1850.
Failure to hold 1590 could take it down towards...
Hello and welcome to this analysis
Crompton in daily time frame appears to have completed its pullback of a triangle breakout
As long as it does not trade below 383 it could resume its uptrend and complete the triangle breakout target of 445.
Good Risk Reward ratio at the current juncture
Happy Investing
It appears to have completed its correction in daily time frame, in hourly the breakout appears to have also completed its pullback. Weekly is suggested a fresh move for the upside till 150. The view would go wrong if it trades below 112
As per the Japanese study of Ichimoku Multi Time Frame Analysis, Coal India has activated a C Clamp in daily time frame. As per the study, it could rally till 155 where the Kijun/Base line is currently, with minor resistance at 150 as long as it stays above 144 (fractal low) over the next 10 calendar days till it remains valid.
In terms of R:R and time...
on this chart, we face to several signal that encourage us for continuing down trend.
A & B is two top that had touched line trend. In the second touch (B) we found out chart can't make higher high.
On the Ichimoko, we face two patterns of line and Komo with 26 period. this is important reverse signal. 9, 18, 26 is important numbers for the patterns in this...
There are two options:
1. If the price will reach the last higher high, it going to touch the resistance (komo above the chart). we have to notice the price needs to show his power for higher price.
2. If NOT, then we have to except forcing the support to break down. when i focus on the history of this chart, i found several situation like now.
But, on this...
The Monthly and Daily direction is Bearish.
The market has retraced, and been rejected at the Daily Senkou A (bottom of the cloud) at 1.5841
I anticipate the market will drop back to the cloud, either the Senkou A (top) or the Senkou B (bottom)
and then rally back to retest the Senkou A at 1.5841
2 Potential entries;
First, the aggressive entry would be to place...
