BIKAJI FOODS (1W TF) - Swing Trade Analysis given on 1st June, 2024 Pattern: ASCENDING CHANNEL - Weekly Resistance Breakout - Done ✓ - Weekly Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress Please Note: This is also at a 4 Month Breakout Level * Disclaimer
Symbol - NIFTY50 CMP - 22960 NIFTY50 is following a rising channel & headed strongly towards its higher end. Currently It is trading near round level of 23000. According to my analysis & my view, Nifty50 will face strong resistance around round level 23000 - 23100 which is also upper end of the rising channel. I'm expecting Nifty to show a reversal from these...
Price is moving inside a channel. It is giving zig zag movement. Price have to break the channel to give a trending move. Buy above 825 with the stop loss of 820 for the targets 830, 835 and 840. Sell below 815 with the stop loss of 820 for the targets 810, 805 and 800. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This...
An index analysis idea after many many months. Reason:- Today, we saw a short covering 400 points up move in Nifty with an ATH closing. What is the chart speaking now? Nifty has given daily closing above 22800 which was a strong supply zone. 23000 is a psychological resistance in Nifty now. As from chart, it is clear that our dear Nifty is trading in a channel...
Good volume build up in daily time frame. Breakout of all time high trend line with good volume. RSI above 70. NOTE: I do my analysis, do yours before trade.
CAMS breaking parallel channel WCB with good volum and rsi #target1 3740 #target2 4068 follow ur sl EDUCATIONAL IDEA
As the whole market has dropped a few percentage in the last few days, major indices are taking support at their trendlines and channels. Finnifty too has bounced from its trendline suggesting possible bullish momentum in comings days. The index has also formed a Bullish Hammer on Daily time frame. Major support of finnifty is at ₹21,100 and resistance can be...
15 weeks Cup and Handle pattern, vol contracting in between cup formation then vol kicking in then again in handle vol contracting. -Green Vol > Red Vol -Handle BO is entry
Granules has been moving in a sloping Parallel Channel with an ATH of 480. There is no conclusive breakout and a Trade can be initiated with a Bullish candle on DCbasis.
YOU are responsible for your OWN LOSS. ONLY SPECULATING HERE.
Price is moving in a zig zag pattern and is forming a channel. Important zone is 1058 - 1064. Buy above 1072 with the stop loss of 1066 for the targets 1078, 1084, 1090 and 1098. Sell below 1058 with the stop loss of 1064 for the targets 1052, 1046, 1038 and 1030. Check the live market updates. Hit the like button to Rock !! Show some energy !! Note : This is my...
CNX Pharma about to break long Parallel Channel, when it break pharma stocks will move immensely.
Orient Paper setting up perfect Cup n handle for 29th may Results, but breakout(BO) before that as already gave signals -Signal Candle : 5% mov with 8M vol -Check vol dried up in Cup formation then green vol spiked clearly Demand>Supply
With Increasing size of Candles, And Rising Volume. Gold seems to be prepared for 2550 2600 zone. 2565 to be precise.
UNION BANK is making a Rounding Cup formation in the Weekly and Monthly charts with a high of 253. Its been moving in an ascending Parallel Channel from January 18. There is also a Horizontal Support zone between 137-140 and also the bottom trend line of the Channel is providing a support. I do expect a reversal from here. Added some quantity yesterday and will...
PNB after breaking out of a Monthly resistance Trendline has been moving in a Parallel Channel from 30 January 24. It gave a false breakout and reversed from there. The next support would be the monthly trend line or the Bottom Trendline. Iam already invested and would be adding some more quantity @ around 120-122.
Disclaimer: This Analysis is not to be taken for trading or investment decisions. Stock has rallied for last year without any break, it has touched previous life time high levels of year 2019. It has touched the upper band of Regression trend when plotted from beginning
It has been moving very well inside the parallel channel since past 14 yrs. After consolidating past 4 yrs, it is now preparing to create new ATH