Trendline Breakout RSI near 65 and rising Trading above EMA50 Volume increasing Breakout from 10yr long trendline 4 year darvas box base Enter after confirm breakout above Darvas Box on closing basis Disc: for study, not a recommendation
According to recent analysis, we continue to be bearish on gold in the medium term. Although gold rebounded on Friday and is currently trading in the 2328 range, overall, as long as it does not break through 2350, this is only a short-term rebound. We note that the key support level of 2337 on the daily line has not been recovered, so the technical double-top...
Price was moving up with steady strength for few days and now it is at the important zone 24000. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 24020. Stop Loss : 23980. Targets : 24060, 24100, 24160 and 24200. Sell below : 23920. Stop Loss : 23960. Targets : 23880, 23840, 23800 and 23760. Check the live market updates. Hit...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (28-06-2024) Current price- 2337 "if Price stay below 2350, then next target is 2325 and 2300 and above that 2356. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
As You Can see Banknifty on hourly time frame banknifty has broken the trendline and closed below the that level i am not telling u guys go aggressively short but keep in your mind banknifty didnt gave any retracement at all even we switch to smaller time frame on 5 mins time frame u can see a proper head and shoulder pattern so this week market can give a...
Vodafone Idea has been on a downward trajectory for almost a decade. Based on the Elliot waves theory, it appears that the stock has completed a significant bear cycle in a ZIG ZAG pattern as shown on the chart. The stock seems to be forming a base with accumulation taking place. Recently, it has exceeded the swing high of 2021 and closed strongly on the monthly...
VI looking great in Monthly Time Frame , Which recently broke the resistance band and now ready to move towards 30 - 40 in 2 to 4 months . Keep the Tight SL mentioned on the chart with 1:2 Risk to Reward . HAPPY TRADING (:
The stock is currently bouncing back from the lower support zone. If this bounce is sustained, it could indicate a potential upward movement towards the next resistance zone. In May 2024, Ujjivan Financial Services merged with Ujjivan Small Finance Bank, The stock market has reacted to these changes. Potential for Universal Bank License: One of the significant...
Price Analysis & Overview: 1. Price are yet to form HH-HL formations. 2. Trading below 50 EMA. 3. Volumes are dry. It seems like no one is still interested in the stock! 4. Touched the demand multiple times - increasing the chances to break the zone and go further lower. 5. Forming Double bottom. 6. Earnings are strong - That's the only good thing in the stock...
On Weeklay Chart Wipro has given a Breakout Strong Momentum: Price above short, medium and long term moving averages Key Resistance: 550, 608 Support: 440
Currently Wipro trading @ Good support in monthly timeframe. Sep_2024 Futures is bet @ monthly timeframe. Pros:- Bullish Engulfing @ Support. Stock consolidation for almost 2 years and breakout above monthly high will give good rally till 600. Cons:- Nasdaq closed negative from ATH. Happy Trading!! Only for educational purpose.
📈 Bank Nifty Spot Technical Chart Analysis 📆 Weekly Levels for 1-5 July, 2024: 📊 Weekly Movement Point: 52342 📉 Weekly Range: 2042 📈 Buy Above: 52401 💼 Average At: 52160 🎯 Buy Target 1: 53604 🎯 Buy Target 2: 54384 🛑 Buyer Stoploss: 51720 💰 Sale Below: 51919 🎯 Sale Target 1: 51080 🎯 Sale Target 2: 50300 🛑 Seller Stoploss: 52600 ✨ Boost, follow, and engage for...
Article: In the ever-evolving world of cryptocurrencies, Bitcoin (BTC) remains the king. Today, we dive into why now might be the perfect time to buy BTC and how you can capitalize on current market trends. Here’s an expert analysis to guide your investment decisions.
Mahanagar Gas has moved to ATH at good volumes. We can see the first target of 1800+. Other factors: 1. Double Bottom pattern on DTF 2. RSI above 60 3. MACD above zero 4. Breakout volume "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!
Hello & welcome to this analysis In the short term resistance is near 685 with support at 640 below that 600 Upside potential for the stock above resistance is at least till 800 Overall a very strong stock with not many deep reversals. Happy Investing
Bank Nifty Weekly Analysis For 01-07-24 to 05-07-24 53000-53200 is the Resistance for next week. 52000-52200 is the Support for Next Week. 52000-53000 is the Sideways Market. Short Level is below 52000 for the Targets of 51500/51080. Long only Above 53200 for 53580/53980. Verdict: Sideways to Downside.
Ashima - Near 29th years of breakout. Above 46, we can see sharp up move as there is a breakout. Buying volume is high on this level and all targets are in the chart. Looks good to buy and hold for the long term. Big target we can see.
JK Tyre & Industries Ltd Analysis 28 jun 24 Stock PE 13.93 less than industry PE 26 ROE 20.40 & ROCE 19.38 Promoter holding 53% FII holding 15% RSI Above 67 Add some Quantity now Add on DIP till 400 to 420 Stoploss 340 (on closing basis) Target 🎯 450 - 490 - 520 - 540