Yesterday, spot gold showed a trend of low-probing and rebounding. The daily structure closed with a small positive line, which temporarily failed to change the short-term bearish trend. At present, the 5-day moving average has moved down to around 2349. Although the Bollinger Bands are intended to shrink as a whole, the middle track extends upward to around 2351....
Hi, NSE:JUBLINGREA has given a clear Bullish breakout of 7 months long consolidation on weekly charts with very good volume. MACD is also on the bullish side on daily and weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market senario I am expecting that the bullish momentum will continue. Complete...
Punjab & Sind Bank is engaged in the Business of Deposits, Loans & Advances, and Remittances & Collections. If we look at the chart: The market has broken multiple bullish pattern confirmations. It has a broken flag & pole, and descending triangle while having a very strong volume at the breakout. If we look at the RSI, its crossing 60 to the upside can be...
Date 29th Feb.2024 First of all, apologies to posted little late. 1st target is already Achieve as we can see on chart, still many more targets, I am expecting towards upside. There is a pole T for Flag and Pole Pattern and if Breakout of 117 Rs, we have Cup & Handle T2 will be expected along with Pole T. Easy Way to Carry this trade is on monthly candle...
Bullish chart pattern Test: Technical patterns, Trends
Wating for break flag. If we look at the time frame of 1 horse, then a bearing flag pattern is visible here, with three touches to take aggressive entry.
Indigo Cmp 3256 dated 24-5-2024 1. Bearish Engulfing @ Top 2. Price Fall with Volumes 3. RSI Break down Sell Below 4240 target 4185-4150-4125-4070 SL 4350 It is just a view, please trade at your own risk.
New wedge pattern for SUNTV.Buy when a 5 min candle breakout upside line then we can buy above the candles high.Sell when a 5 min candle breakout downside(support )line then we can sell below the candle low.Good for INTRADAY & swing
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
rtn power showing few cup handle patterns, according to one of them target will be 40, show here
As we discussed, Nifty has a sideways or bearish structure; it ended sideways in 1st half, then bearish later 2nd half. If we look at the chart now: The market has broken 50 EMA and a good support zone to the downside. Also, an EMA(13, 50) bearish crossover is about to happen, which might lead to a bearish market structure. The market is making an HNS...
Check the video for detailed analysis. Levels are below. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 49060. Stop Loss : 48980. Targets : 49120, 49200, 49280 and 49360. Sell below : 48860. Stop Loss : 48940. Targets : 48800 ,48720, 48640 and 48560. Check the live market updates. Hit the like button to Rock !! Show some...
Current Market Overview: Gold is currently exhibiting a fluctuating trend influenced by a mix of global economic factors, including interest rate decisions by major central banks, geopolitical tensions, and fluctuations in the U.S. dollar. As of the latest data, gold prices are trading within a range, showing both bullish and bearish signals. Technical...
Hello Traders, Mates and friends so here i am sharing a view on Nifty so let's start quickly as we all know that one session back the benchmark index made an All time high of 23000 but before this 23000 mark index gives an Ascending triangle pattern breakout on provided time frame so now from here i assume that price will come a bit down and retest it's breakout...
BANKNIFTY Intraday Trade Setup For 28 May 2024 Bullish-Above 49700 Invalid-Below 49590 T- 50200 Bearish-Below 49050 Invalid-Above 49160 T- 48450 BANKNIFTY has closed with 0.63% gain today. Buy triggered above 49060 and hit our target perfectly (49688). Price took resistance exactly at our target and in the last 45 Min fell with full force but it seems like DIIs...
NSE:ALKALI TimeFrame - day chart analysis 🧐 Swing Breakout Setup. 🔹Trend: range bound, 🔹Swing:- start of upswing, 🔹view: The ascending triangle forming at the support trendline should break out with good momentum. 🟢Entry:124.50+ ♦️Risk:- day close below 114 🎯Targets:- 137,149,163+ Detailed analysis of the chart study it and mark levels on your chart. Keep...
1. GRAVITA has given beautiful breakout from its 6 months range. 2. It has high probability for further upmove (if overall market are positive tomorrow). 3. Best entry is around 1125 with max entry at 1150. 4. Support/SL area is 1100 Risk Involved 1 . I will avoid this if overall sentiments are weak tomorrow. 2. During pre-market, check METAL index & mid cap...