For last few trading sessions, market is volatile and is taking the stop losses. Today also the market remained in a range and closed below the daily 20 ema. There is a rejection from the levels and an inverted hammer is formed on the daily charts. If there is a gap up to flat opening and market starts trading below today's low, it can test the lower support...
Fundamentals : Very Strong, Consistent growth on Sales, Profits and EPS. Very strong Quarter. FII and DII stake increasing! Technicals : Discounted, at Trendline support.. Good RR, near Pre Covid levels! R 1: 1510 R 2: 1600 R 3: 1720++ Support Zone : 1280-1350
💎 FET appears poised to absorb internal liquidity, as indicated by the formation of a pin bar candle, reminiscent of previous instances. 💎If FETUSDT demonstrates CHoCH behavior from the bullish Order Block (OB), it suggests that internal liquidity has been absorbed, potentially paving the way for a renewed bullish trajectory. 💎However, a breakdown below the...
Axis bank has been trading around the higher level and is forming a base near 1030 zone. Both side movement can be there in the stock and confirmation is need for the entry to trigger. But the stock on the weekly chart is showing some bearish RSI divergence and the dropping strength can be the initial signal of a bearish move. On the daily charts, it is around...
Nifty has given a 2% fall in a week and closed above 22k levels after testing 21900 levels. It consolidated around the higher level and gave a fall, there is a probability of it continuing the fall. If there is a gap down opening and a retest of the current support level of 21900, a bearish trade can be initiated after a negative price action around it. In...
A big red candle on the weekly charts after 4 consecutive green candle is either profit booking or a double top formation confirmation. Banknifty has come for selling but the downside movement is slow which shows there are still buying happening in the market. There is doji formation on the daily charts and a significant selling is not there in the index as...
20 week ma also acting as resistance. Clear sell signal in polycab For people holding this is exit opportunity.
NSE:TATAPOWER Long to go Nice support and touching 50 moving average Nice buy signal !!!
HDFCLIFE gave a small base BO on daily time frame and now today we can observe a 21/50 EMA cross as well. Another thing in support of this scrip is that its RS score in 750 stock universe has been rising week over week for the past 4 weeks. Data is as follows : 23rd Feb - 10 1st Mar - 14 7th Mar - 26 15th Mar - 33 Only con here that i can think of is that there...
BUY HDFCAMC Entry - 3780 Target - 4180 Stoploss - 3580 Risk Reward Ratio - 1:2
Nifty has given a break down of the parallel channel and has closed below the 22k levels after a gap up opening. Even 20 ema, on the daily chart, is breached and closing is much below it. Today, not the index even the stock has given bearish move. There were chance of a retest but from the morning nifty was in a bearish mood. It can given another red candle as...
COLPAL breaking flag pattern with good volume #target 2850 #sl 2500 or follow ur risk appetite EDUCATIONAL IDEA
#Tataconsum breaks the monthly resistance 🚀🔥 -CMP 1261 -volume rising -Ascending monthly cpr
Glenmark breaking h&s pattern with good volume and rsi #target 1200 EDUCATIONAL IDEA
NZDCAD Long off of a Daily Key Price Area. Expected hold time is a few days to a week. Expected RR is +2.5R. All confluences and entry conditions are on the chart.
The chart is self-explanatory and shared for educational purposes. 1. Moving Averages (MA): LUPIN stock is trading above the 50, 150, and 200-day moving averages. This is often considered a bullish signal, indicating that the stock is in an uptrend. 2. Trendline Support: The stock has strong trendline support, line 1 provided too slow as the uptrend accelerated....
USDCHF Short off of a daily key market area. Expected hold time is till the weekend. Expected RR is +2.5R/3.5R. All confluences and entry conditions are on the chart.
It has given a nice up move in a single candle and closed forming a flag and pole pattern. The market movement is consolidation, a move and consolidation again. Tomorrow being the weekly expiry banknifty may give a trending move. Major resistance levels :- 47700, 47830, 48000 If there is a gap up opening, there are chance of market moving even higher and...