📈 Double Bottom Breakout: Dr. Lal Path Labs is giving a breakout from its double bottom pattern today! This pattern is a strong bullish reversal signal that could mark the beginning of an uptrend. 🔑 Key Points: Breakout above strong resistance level, signaling potential upside. Watch for volume confirmation: Higher-than-average volume strengthens the...
Investment Update: A Promising Outlook for Medium-Term Gains I made a strategic investment in this stock approximately one year ago, with the objective of achieving medium-term gains. As we approach the one-year milestone, I am pleased to reassess the company's performance and reiterate my optimism about its future prospects. Based on recent developments and...
NSE:KITEX ✅ #KITEX trading above Resistance of 524 ✅ Next Resistance is at 752 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not...
JK Paper has successfully bounced off its critical support zone at 430, showing strength with increasing volume. The stock is holding well above the 100 EMA, indicating bullish momentum ahead. RSI is gradually rising, suggesting further upside potential. A breakout above 520 could push the stock toward higher levels, continuing its upward trend.
Maharashtra Seamless Ltd. (MSL) is a great investment opportunity. Here's why: Current Price: The stock price is ₹632. Stock Buy Strategy: Phase 1: Buy if it goes above ₹727 and stays there for at least 2 weeks. Phase 2: Buy if it drops between ₹532 and ₹507. Targets: Short-term: ₹611, ₹727, ₹945+ Long-term: ₹611, ₹727, ₹781, ₹852, ₹945, ₹1078,...
GMDC : Looks interesting, trendline breakdown in progress Below 323, 300 looks feasible
I think this area has a good support. If it Nifty50 comes here I will love to buy
looking good for 70 with sl of 41 daily closing basis
The Nifty index shows a clear short signal on the monthly charts, while the RSI (Relative Strength Index) is in the overbought zone. Historically, the market corrected by more than 10% whenever the RSI reached this overbought level. This pattern suggests that despite recent upward momentum, a significant correction could be on the horizon based on past market...
I have highlighted an simple to understand those who practice wave theory This is common mistake people do when they read or listen some methods form others The Nature of impulse has to be sub divided in to 5 wave even in case of Ending sequence or Termination of Market movements I have made efforts in Explaining by price calculations and i have also...
Current View: The current view suggests that if the market finds support around the immediate support level, we can expect a bounce back of around 23% to 38% in the minor swing. This is our first scenario. For additional confirmation, you can refer to the 20 EMA Alternate View: The alternate view suggests a breakout trade. If the market breaks or consolidates...
Symbol - BAJFINANCE BAJFINANCE is currently trading at 7800 I'm seeing a trading opportunity on sell side. Shorting BAJFINANCE Futures at CMP 7800 I will be adding more position if 8000 comes & will hold with SL 8220 Targets I'm expecting are 7450 - 7225 & 7050 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my...
Reliance Industries Ltd. (RELIANCE) on a 1-hour timeframe, here are the key support and resistance levels: Support Levels: ₹2,925.23, ₹2,939.76 Resistance Levels: ₹2,967.13, ₹2,977.36
US OIL LONG TRADE, Support & swings marked in chart !
Price was falling for the past few days and now it is consolidating. Price can move up or continue to fall. Buy above 82640 with the stop loss of 82560 for the targets 82720, 82800, 82880, 82960 and 83060. Sell below 82480 with the stop loss of 82560 for the targets 82400, 82320, 82200, 82100 and 82020. Check the live market updates. Hit the like button to Rock...
11th Sept 2024 / 1:24 PM Why HIKAL? 1. Bird View, After Retraced till 0.88 fibbo level making significant HHs HLs. 2. HHs HLs has formed with Accumulation / Cup at 0.88 to 0.786 level + Breakout Today with huge Volume. 3. Cup & Handle is also Visible so set my Targets accordingly, Which are T1 - 477 Rs Short Term, T2 - 524...
NSE:NIFTY_MID_SELECT Index closed near 12975 level and Maximum Call and Put Writing near CMP as below in current weekly contract: Call Writing 13200 Strike – 17.83 Lakh 13100 Strike – 10.43 Lakh 13000 Strike – 9.42 Lakh Put Writing 12900 Strike – 9.62 Lakh 12800 Strike – 8.48 Lakh 13000 Strike – 8.28 Lakh Index has immediate resistance near 13050 - 13100...
Tatachemical CMP@1155 Stock Has Given Trendline Breakout Crosses 20 Days High RSI Bullish RS Positive Above Monthly CPR