After a drop of 14% in price, now a morning star pattern is formed on a support level. The price could test the level of R1-170.45 and if broken then we see the level of R2-175.40 CMP : 164.20 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
KNR CONSTRUCTIONS (1W TF) - 21st Jan, 2024 Pattern: FALLING WEDGE BREAKOUT - Trendline Breakout - Done ✓ - Weekly Volume Spike - Done ✓ - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #KNRCON
CMP : 129.45 Indicator: Positive Trend Entry Candle : Hammer Entry Zone : 127 - 129.45 Max SL : 125.75 Target1 : 136.95 RR Ratio : 2.03 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
NIFTY50 Update (as on 28th May, 2024) On a Daily TF: - The market is at a precarious spot with signs of a reversal from the trendline - 22775 is a support but it doesn't look a strong enough support zone For your Swing Trades: - Please position size very carefully - Trade the Trend * Disclaimer
Nifty will be gap up opening in today's session. After opening nifty sustain above 22570 level and then possible upside rally up to 22690 level in today's session. in case nifty trades below 22520 level then the downside target can go up to the 22400 level.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level & this rally can extend another 400 points if market gives breakout 49050 level in todays session. Any Major downside only expected in case banknifty starts trading below 48450 level. also possible reversal...
Jio finance will give a big up-side move in coming days. today JioFinance launched a beta app and it will give a huge impact in the stock price.
Like always the chart should tell you everything you need to know about Motherson. Now for the readers, here are some pointers: - The price broke a structure in June to rally about 20% - Currently, it is at a very crucial point. The previous strong support is now acting as a strong resistance. - The 100 rupee mark is also a strong psychological resistance for...
BATA INDIA LTD Key highlights: 💡⚡ ✅On 1 Day Time Frame Stock Showing Breakout of Falling Wedge Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 1445+. ✅Can Go Long in this Stock by placing a stop loss below 1315-.
An On Neck Chart Pattern Breakout happened on the weekly Time frame of NSE:RECLTD Price Action is well supported by the volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only according to the levels mentioned. Stop loss will be on weekly closing...
Trend - Positive Strength - Medium Probability > 50% Today we have a red candle with High High and High Low. The price could test the level of 137. CMP : 128.20 Resistance : 137 Support-1 : 123.50 Support-2 : 119 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
CANFINHOMES LTD Key highlights: 💡⚡ ✅On 1 HOUR Time Frame Stock Showing Breakdown of Symmetrical triangle Pattern . ✅Strong bearish Candlestick Form on this timeframe. ✅It can give movement up to the Breakdown target of 680-. ✅Can Go short in this stock by placing a stop loss above 755+.
PNCInfra is looking ready for a good monthly breakout. Levels mentioned on chart. Decent fundamental stocks, can be held for long term considering infra story of India
Gravita is looking strong to retest ATH levels soon. Stock had given breakdown from trendline support which was a bear trap. Stock formed double bottom near support and today gave a huge volume move. If broader markets support, this stock can make new ATH!!
JBM AUTO (1D TF) - Swing Trade Analysis given on 30th April, 2024 Pattern: FALLING WEDGE BREAKOUT - Trendline Resistance Breakout - Done ✓ - Consolidation - Done ✓ - Pullback Candle with Volumes - Done ✓ * Disclaimer
BIRLASOFT (INDIA) LTD Key highlights: 💡⚡ ✅On 1 Hour Time Frame Stock Showing Breakout of Head & Shoulder Pattern. ✅Strong Bullish Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 677+. ✅Can Go Long in this Stock by placing a stop loss below 602-.
Nifty will be gap up opening in today's session. After opening nifty sustain above 22990 level and then possible upside rally up to 23110 level in today's session. in case nifty trades below 22930 level then the downside target can go up to the 22810 level.
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 49050 level then possible upside rally of 400-500 points upto 49450 level in todays session. Any Major downside only expected in case banknifty starts trading below 48950 level.also possible reversal upside 48550 level.