gauravrakhecha

gauravrakhecha Updated  Jun 14

Shipping Corporation of India had retraced almost 61.8 % from highs near the lows, after a period of accumulation where there were continous responsive buyers at lows. The price started moving up. Volumes : Volumes can be confirmed with the circles plotted on chart. Retest : The retest of price happened highlighted by the rectangle. Initiative Buyer : we can...

gauravrakhecha Updated  May 31

Looks promising for a RR of 7. It is continuosly making higher highs and higher lows, and RSI Profile is trending higher and suggesting bullish trend. although current TF RSI is near overbought zone, which suggests possibility of minor retracement, still higher TF RSI Trend is positive and with current point of control zone shifting higher we can keep a Sl just...

gauravrakhecha May 24

SKF has been showing continous Bullish RSI trend in the daily chart. And fundamentals also exhibit strength, with the company being debt free, Good cashflow, Positive earnings and Rising EPS. It has a very strong support zone in 3900-4200 price range, where big institutional and responsive buyers are present. Big volume on chart indicate entry of initiative...

gauravrakhecha Updated  May 21

RSI Profile shows a positive trend for BTCUSD and and risk reward ration is above 5. Also a Bullish triangle pattern seems to reach near complete on BTC Chart. Price is above RSI Point of Control, hence a small SL below POC and target is near the Value area High. Entry near 105600 Target near 108940 Sl near 104995 RR : 5.16 PS : Above is only for Educational...