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A-trend

ORIENT GREEN POWER CO LTD --- DOUBLE BOTTOM ORIENT GREEN POWER CO LTD- DAILY CHART 1. Trendline breakout seen on daily chart recently 2. Triangle pattern breakout also can seen on chart 3. Double bottom formation seen, where both double bottom candles are hammer candle, 4. After hammer candle last closing candle is bullish green which confirm double bottom and trend reversal to bullish 5. wave trend also seen double bottom formation on oversold line 6. Double Bottom form at 200 SMA support line that is also bullish indication of trend reversal RISK FACTOR. * Currently % price band ( 5% circuit limit in NSE/BSE) in such case stock can go either one way parabolic form . stop loss should be strictly placed .. profit booking trailing stop loss method more useful. BUY ORIENT GREEN POWER CO LTD @ 11.65 TARGET 15-18 stop loss 8 @@ THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk HAPPY TRADING. !!
NSE:GREENPOWERLong
by champtrade111
Bitcoin - The Bigger PictureHi, This is my second analysis of BTC in upcoming days or weeks. I have seen a lot of people saying BTC will go back to 20k, 25k and even 10k too. They are saying because BTC crashed back in 2016-17. That time, only a few people were into cryptocurrencies. We should be bullish at this moment but the current circumstances won't let the bull run happen. BTC hit first ATH on 14-Apr-2021 with a price of 65,000 USD and got back to 28,000 USD in a month. Those people who bought the BTC started selling like there's no tomorrow. Again, in the same year, BTC touched the price of 69,000 USDT and retraced to 34,000 USD but this time, it takes almost two and half month. You all know why- because people realise the potential of Bitcoin and other crypto currencies more and more support from Big corporates and Government. Now coming to the point, we are still in the Trend and I am still bullish . Thanks
Long
by endthisponzi
Gold bears approach key support ahead of US GDPGold sellers cheer firmer US dollar and a sustained break of the three-month-old ascending trend line at the lowest levels in nine weeks ahead of the key US Q1 2022 GDP data. However, a convergence of the 100-DMA and 61.8% Fibonacci retracement (Fibo.) level of December 2021 to March 2022 upside, surrounding $1,875, appears a tough nut to crack for the metal bears. Also acting as a downside filter is January’s high of $1,853 and 78.6% Fibo. level near $1,819, a break of which will make the bullion vulnerable to drop towards the sub-$1,800 region. On the flip side, recovery remains elusive below the 50% Fibonacci retracement level around $1,910. Following that, the 50-DMA and previous support line will challenge the gold buyers at around $1,938 and $1,943 respectively. Even if the metal prices rally beyond $1,943, a two-month-old horizontal area between $1,975 and $1,982 will be a tough challenge. Overall, gold bears have the controls but need validation from strong support to dominate further.
OANDA:XAUUSD
by MTradingGlobal
Flag and Pole Pattern Spotted in ICE MAKE Favorable Risk:RewardNice and Clean Flag and Pole pattern Spotted in ICE MAKE REFRIGERATOR LTD. At first I didn't thought that this pattern will gonna work but when i put weekly Time frame then i saw a Major Resistance From December 2020 which was about to be broken if this pattern work Nicely. As you can see market was in Almost sideways for almost 18 Months and since then it didn't do any good to Investor and now we can see lots of confirmation Align at the same side which tell us to go LONG . You can Hold till 150-160 Level . If you have Any question about this you can comment Below, i will happily like to answer them.
NSE:ICEMAKELong
by Notorious_Trader
#Niftybank Intraday Support and Resistance Levels - 25 April 22This channel provides Nifty and Bank Nifty analysis and provides swing trades for equity. The channel is also a provider of technical knowledge on technical analysis . This is merely a recommendation channel, so please do your own analysis as I am not a SEBI registered analyst. Please support the channel by liking, sharing and subscribing. Regards Rising Bull💯 #risingbull #trader #ashishgendle #india #nse #bse #stock #markets #stockmarkets #trading #investment #nifty #banknifty #bank
NSE:BANKNIFTYShort
by ashishgendle
GBPUSD signals further losses, UK data, BOE’s Bailey eyedGBPUSD extends pullback from 1.3090 ahead of the key UK data, as well as a speech from the BOE Governor Andrew Bailey, during early Friday. The downside bias also gains support from the sluggish RSI and MACD, which in turn suggests the pair’s further weakness towards the support line of a six-week-old triangle, near 1.2990 at the latest. Following that, the monthly low and 61.8% Fibonacci Expansion (FE) of the March-April moves, respectively around 1.2970 and 1.2945, will lure the pair sellers. Alternatively, recovery moves will aim for the stated triangle’s upper line, surrounding 1.3090. Also acting as the short-term key resistance is the 200-SMA level close to the 1.3100 threshold. Should the quote rises past 1.3100, the mid-month high of 1.3146 and the monthly peak of 1.3166 may test the GBPUSD buyers. Following that, the 61.8% Fibonacci retracement level close to 1.3170 will act as an additional challenge for the bulls before retaking the controls.
Short
by MTradingGlobal
NIFTY -- NEXT WEEK TREND - 18/4/2022NIFTY DAILY CHART ---NEXT WEEK TREND SETUP . 1. AS we seen on daily chart nifty breakout 17450 level of resistance from strong uptrend 15800 oversold level and reach towards 18000-18100 level 2 From this resistance 18000-18100 nifty fall again around 17475 level where earlier resistance breakout seen, this level 17400-17450 will work as strong support in next week first 1-2 trading session . 3. if this level hold nifty can bounce back agian to 17800-18000 level if 17400 break down side nifty will see another support downside 17000 level . 3. from 15800 low to high 18400 , at this point 50% Fibonacci support comes around 17000 sub level so this is strong support according to trade setup unless this support hold nifty will be bullish zone and set as uptrend bulls fvr. 4. RSI at mid range on daily chart at 52 levl , MACD above center but bellow signal line 5. FII currently sell mode due to global conditions , But DII and retail investor can hold market above 17000 level at least for few sessions till global situations improves . ** THIS IDEA IS FOR EDUCATIONAL PURPOSE... ! HAPPY TRADING . !
NSE:NIFTYLong
by champtrade111
EURUSD remains vulnerable to further downsideEURUSD licks its wounds around a two-year low during a cautiously optimistic Asian session on Wednesday. In doing so, the major currency pair takes a U-turn from the 61.8% Fibonacci Expansion (FE) of February-April moves. However, a downward sloping trend line from March 31 challenges the quote’s corrective pullback near 1.0830 ahead of a broad resistance zone surrounding 1.0930-60 comprising 200-SMA and multiple levels marked in the last one month. Even if the quote manages to cross the 1.0960 hurdle, a 10-week-old descending resistance line near 1.1075 will be crucial for buyers to watch. On the contrary, the 61.8% FE level near 1.0750 restricts the immediate downside of the EURUSD pair ahead of April 2020 lows near 1.0730-25. Should the quote drop below 1.0730, the 1.0700 round figure and March 2020 bottom surrounding 1.0635 will lure the pair bears. It’s worth noting, however, that the RSI conditions aren’t supporting a no-break south-run and hence intermediate pullbacks can’t be ruled out. Overall, the EURUSD rebound remains elusive until crossing the 1.1075 level
Short
by MTradingGlobal