⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️ 💡✍️Technical Reasons to trade or Strategy applied :- ✅Inverted Head & Shoulder Chart Pattern Bull Breakout ✅Breakout confirmed ✅Rise in Volume ✅Good 3 touches Trendline Breakout with volume ✅Clear uptrend with HH & HLs sequence ✅ Order block as potential Target ✅Check out my TradingView profile to...
GBPUSD struggles to hold onto early gains after bouncing off a three-month support level. As bearish momentum builds, traders closely watch for insights from the upcoming Federal Open Market Committee (FOMC) meeting minutes. Multiple catalysts favoring Cable sellers The Pound Sterling is finding it hard to sustain a rebound from the 12-week-old support zone....
1.Ends up a 3 month long consolidation with a decent breakout 2.Upward candles gained momentum 3.Tweezer Bottom Formation before trend reversal 4.Excellent bounce from 0.6 Fib + EMA 50 Confluence 5.Outperforming Sector & Broader market 6. Gained Momentum, trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages 7.Volume Gain 8....
June onwards Adani power was on negative but in recent days it taking support on charts as well as rsi indication is bullish . So we may see upside from this level
Wave C of Flat correction has fulfilled the rule of equality (Wave A and Wave C are equal). There is also a Fib level of fib retracement of the previous impulse at this level. We can also see the Morning Star pattern forming at this cluster. This suggests a high probability of a buy trade in HINDPETRO . Stop-loss for this trade can be put below 61.8%, i.e.,...
Stock Analysis Report for Cipla Limited 01. Pattern Analysis Pattern Name: Pole and Flag Pattern Cipla has formed a Pole and Flag pattern, which is a bullish continuation pattern. The flag represents a consolidation phase after a strong upward move (pole), typically occurring before a breakout to the upside. The stock is at its all-time high, with a breakout...
Based on the chart analysis provided, it is recommended to approach the market with a bearish trading strategy for the BTC/USDT pair. The chart outlines key resistance and support levels, which suggest a downward price action if certain conditions are met. Detailed Trading Plan: Current Market Condition: The price of Bitcoin is trading below two key EMA lines,...
Exide Industries has recently broken a counter trendline and is currently retesting the breakout level. The stock has also breached the mother candle, but it remains inside a parallel channel that could act as resistance. Keep an eye on how the price reacts within the channel – a breakout above could open up new opportunities, but the channel resistance may cause...
NSE:JPPOWER is brewing up to give a good upmove after accumulating nearly 15 to 17 Zones. A Close above 20 Will Confirms it. Check out my other stock ideas below until this trade gets activated, I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial...
✅ The stock has recently bounced off a multi-month downtrend support line, showing a potential reversal signal. This rebound from the support level around 115-120 suggests renewed buying interest at lower levels. ✅ The RSI is also recovering from oversold levels, currently around 43, indicating that momentum is building for a potential upward move. The next key...
STRIDE: Multi-Year Breakout: Monthly Timeframe: Month ending Aug-24 Price, Volume, RSI, Timeframe of breakout & Timeframe of analysis Stock broke its all-time high (1323.15) it made in Nov-15 and closed above in the month of Aug-24 Volumes in the month of Aug-24 was NOT above the 9 SMA RSI in the month of Aug-24 (86.10) is above 60. A multi-year...
CDSL - Buy for the target of 3000 for the long term perspective and short term perspective 20-25% gains visible..
My target is 1:3 Learn and do by yourself Price has to move from these levels orelse You might see a good correction and that gives opportunity for new buyers One thing after fed announced rate cut market went up continuously so trapping scenario may start if this week bullishness fails.
Price was volatile in the morning session and trending in the afternoon session. And now price is at support. Pattern : Support/Resistance. Range : Good. Trend strength : Normal. Buy Above : 25040. Stop Loss : 25000. Targets : 25080, 25120, 25160 and 25220. Sell below : 24960. Stop Loss : 25000. Targets : 24960, 24920, 24880 and 24850. Check the live market...
Tata Powe r seeks over 3 GW of wind turbines for its hybrid energy facilities, with potential orders exceeding Rs 21,000 crore. Company aims for 20 GW capacity by 2030, as Tata Power shifts towards 100% clean energy by FY45. If you observe the stock consolidated for 6/8 months and gave a darvax box breakout. The stock is now retesting from the same levels. One...
ENTRY TARGET SL Mention in the chart. ALWAYS TAKE TRADE WITH CONFIRMATION Note : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
The Head & Shoulders pattern is a popular chart formation used in technical analysis to signal a potential trend reversal. It consists of three peaks: a central, higher peak (the "head") flanked by two lower peaks (the "shoulders"). The pattern typically forms after an upward trend, suggesting a possible shift from bullish to bearish sentiment. The key element is...
AWHCL has recently exhibited a breakout from a bullish pennant pattern on the daily chart. The breakout from the bullish pennant pattern is characterized by a significant price movement beyond the upper boundary of the pennant. This breakout is often seen as a signal of a strong buying interest and can lead to sustained upward price action. The stock has closed...