*Moving average conformation* 44MV *Trend line breakout*
1) Trade With 44 moving average : conformation moving average indicater 2) Triangle Pattern breakout *Entry at :- 107.20 *Target :- 109, 113,116 *Stop Loss :- 103
Looking at the charts, REFEX seems to be breaking out past 9 months trendline. If sustained - we should be seeing 160 levels very soon. 2022-07-26 - Price -116.35 - Today price crossed WK Piv Downside. Out of Squeeze & candlestick formation: Marubozu. close is above 20 -SMA on Daily time frame & below on W/M time frames. 2022-07-28 - Price crossed Cross WK...
NSE:IRB is a fundamentally strong scrip. Their incomes from toll have reported a great rise. Furthermore, just have a look on FII holding. There is no reason not to add this scrip. -- Infrastructure sector overall growth -- Fundamentals -- Diversified sources of revenue I see a short term target of Rs.300 and Rs.350 in medium term. What are your targets...
AUDUSD Chart analysis bos:- break of structure choch:- change in character
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
My nifty prediction is in snapshot. Don't go long now. Wait till index breaks and sustain above trend line.
Be it a weekly ascending trend channel of the bull cross, AUDUSD flashes upside signals ahead of the key monetary policy meeting of the Reserve Bank of Australia (RBA). That said, the bulls may retreat from the upper line of the stated channel, around 0.7040 by the press time. Even if the quote rises past 0.7040, the mid-June swing high near 0.7070 could challenge...
get ready for a Roller coster ride of NIFTY50 . Now we are at the top of the Roller Costar. Watch out for 17300-17350 for reversal. Targets will be 17000/16700/16500. this whole process will take approx. 1-2 weeks. for more updates watch this space.
Acrysil has been under a resistance zone for 70+ days and has formed a beautiful triangle patternwith support of the 50EMA. High volume cue has been given and a break above the resistance and the 200EMA provides a possibility for a long trade. 3 targets T1 should hit in a short span while T3 may take a few months with pullbacks. Stop loss below the 50EMA...
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
This is 1D timeframe. Infosys have formed a inverse head and shoulder pattern with a morning star at bottom in head. Last three days, 2 good bullish candles, but the volume is average so I need more confirmation to initate the trade. Will wait to get a closing above 20th July candle with volume support. Then I can target the 1660-1670 zone. I can keep stoploss...
USDJPY broke a five-week-old support line, as well as a horizontal area around 134.25 that comprises the levels marked since June 17, to refresh the monthly low near 133.75. It’s worth noting, however, that oversold RSI conditions challenge the bears ahead of the US PCE Price Index for July, the Fed’s preferred inflation data. However, the corrective pullback...
Concor support zone orange line... Short term good time to buy .... almost concor forming Rectangle pattern but not clear to see.... ...Self study, risk manage, fix ur risk reward ratio then u decide to buy this stock or not.... My idea only on education purposes
Kei best set up to long with Kei industry .... Good time to buy .... Breakout this stock watch.... Educational idea
Gold defends the post-Fed rally around a two-week high, also keeping the upside break of the 100-SMA level of $1,725 and the previous resistance line, now support around $1,721. The upside momentum also takes clues from the bullish MACD and RSI signals, not to forget Fed-inspired USD weakness to direct the buyers towards July 08 high near $1,753. Following that,...
NIfty 28 July Expiry Plan... there is swing from nifty nifty show up momentum so if market open gap down tomorrow then those buyers who bought at last swing will get trapped and try to exit their trade and can take new entry toward sell side even sellers get start to sell whcch cause panic selling
EURUSD remains pressured around a one-week low as traders prepared for the Fed’s verdict, likely a 0.75% rate hike and Powell’s aggression. That said, the pair’s clear downside break of the 50-SMA directs the quote toward the multi-year low marked earlier in the month around 0.9950. Given the RSI approaches the oversold territory, the pair’s declines past 0.9950...