Emami Ltd. 03 Jun 2024 In Play : HH : HL Summary • CMP : 625.50 • Clean Trendline breakout with Vol on 27 May 2024 • Nice consolidation for the past 10 years • Trading right above VP mountain Conclusion • CMP 625.50 • Long position can be initiated • Higher Targets could be around o Short Term : 890/1015 o Mid/Long Term : 1598/2433/4155 Wish You Happy & safe...
INDIAN BANK (1D TF) - Swing Trade Analysis given on 21st May, 2024 Pattern: ASCENDING TRIANGLE BREAKOUT - Resistance Breakout - Done ✓ - Volume Buildup at Resistance- Done ✓ - Change of Polarity - In Progress * Disclaimer
Our operator Indicator Detect operator at the bottom and buy signal given today
The stock has consolidated for close to 3 years (since 2021) and a above 340 can be a confirmed breakout. In 2020 it gave a breakout from 175 and rose 165 points during 6 months( almost doubled). Prior to this stock had consolidated for a period of 3 years. Volume breakout is another indicator. So there is a similarity in the period of consolidation and the...
Price is moving in channel. And also it is at important zone 49000. Channel move is tricky to trade and also market will be volatile as the election result is coming soon. Trade carefully. Pattern : Channel. Range : Medium. Trend strength : Normal. Buy Above : 49020. Stop Loss : 48940. Targets : 49100, 49180, 49260, 49380 and 49440. Sell below : 48820. Stop Loss :...
Topic - Nifty- 50 Neutral Levels and Zone Tomorrow's movement Prediction of Nifty 50 NIFTY_50 appears to be in uptrend. And this trend seems to be continuing further. Price is below an important level of 22622.71 on charts, and if price remains below this level, then stock might show a fall in short term. Tomorrow's movement Prediction of Nifty 50 NIFTY_50...
Hello Trading community, mates and friends sharing today a bullish breakout on Monthly time frame for Samvardhana motherson a Great Auto ancillary company so as we can see on provided chart that share price of company breaks a rock strong 6.5 years old resistance and succeeded to gives a monthly candle close above that resistance and opned a new space for price...
Price broke the resistance level but not able to sustain above the levels. Closed below the levels can expect a down side.
Topic - Nifty- IT or CNXIT Neutral Levels and Zone Tomorrow's movement Prediction of Nifty It NIFTY_IT appears to be in downtrend. But this trend seems to be weakening. Price is below an important level of 33337.8 on charts, and if price remains below this level, then stock might show a fall in short term. Tomorrow's movement Prediction of Nifty It NIFTY_IT...
Good morning, friends! 🌺🍬 The global market shows a moderately bullish sentiment based on the Dow Jones, while our local market also indicates a moderately bullish sentiment (as per the structure). Today, the market may open with a long gap-up, as indicated by GiftNifty, which shows an increase of 820 points. Sorry for saying this, but the upcoming two to three...
Indus Ind Bank : 03 Jun 2024 "Life is Simple, So is Trading. Discover Simple, Yet Powerful Inv Ideas." In Play : HH : HL Summary • CMP : 1527.95 • 3rd Trendline touch, validating the strength of the TL • Nice consolidation for the past 6-7 years • Trading right above VP mountain to fuel the price to propel much higher Conclusion • CMP 1527.95 • Long position...
asian paint respected support level few days ago, also consolidating from many days, sign of bullishness, go long with sl 2840
Topic - Sensex Neutral Levels and Zone Tomorrow's movement Prediction of BSE SENSEX SENSEX appears to be in downtrend. But this trend seems to be weakening. Price is above an important level of 31690.52 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of BSE SENSEX SENSEX appears to be...
Topic - Banknifty Neutral Levels and Zone Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK appears to be in uptrend. And this trend seems to be continuing further. Price is above an important level of 48616.09 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of Nifty Bank...
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (31-05-2024) Current price- 2345 "if Price stay below 2362, then next target is 2330 and 2320 and above that 2375. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
From the daily chart, after the US market experienced a wash-out trend on Friday, the direction and space of gold have been opened, showing an obvious weak and volatile trend. A triple top was formed near 2360. Multiple pressures from above may suppress gold bulls again. At present, there is a great possibility of a sharp decline. The support below will first...
Above 305 it can blast and give very good move. It will be 10 years long breakout then. Target will be double after it. But it should also retest or may be cup & handle pattern.
most probably. if sustains above 22897.yes it has to cover 4 days down trend then higher levels are possible. I have marked1,2,and 1,2. as 2 nd 1 is shorter than first 1 1 st 1 is retraced 38.6 percent and 2 nd 1 which appears to be a leading diogonal has retraced only 23.6 percent. each candle in the chart is of 4 days duration. final target will update...