Alltimehigh
ADANIENT ticking at all time HighADANIENT facing resistance at all time high levels near 1760-1790. after knocking for many times now resistance may get weaker... Fibonacci also shows it is taking support at 23% retracement level, wait for closing above 1740-1760 then it may give good returns in short time...
Get Ready for a Blast in Smallcaps!!In the chart, the orange line shows Nifty 50's move viz a viz the Small Cap index.
Both seem to move in tandem
Nifty Has given a bullish reversal today - so I'm expecting Small caps to tag along and break the previous ATH.. already it has formed an inverse HnS of sorts!
Hold on to your seat. 2022 looks pretty interesting!
Cheers!
George
CDSL - All Time High Breakout1. Symmetric triangle formed.
2. Breakout of Symm triangle.
3. Retested the breakout
4. Price broke previous All time high with support of great volumes
**Great opportunity for swing trade with support of technicals validating at every stage.
** CDSL is monopoly until NSDL comes for IPO.
** Provided with the present Bull Run & IPO season the revenue will be all time high for CDSL..
Fin Cables- A Good Setup in Weak MarketHi All,
The benchmark index (NIFTY50) has become somewhat weak now or to put it better we can say that the power of bulls is now being challenged by the bears. In this phase the trader needs to become really cautious and find some really good setups where the R:R should be given highest priority.
Above is the weekly chart of one such setup. Finolex cables gave a trend reversal signal and now the stock price is aiming towards its ATH price level. It has given a good clear breakout along with volumes ( also note the volume breakout in May) while the benchmark is falling. This fact makes this setup strong.
While currently the R:R is not favorable. I would wait for a pullback towards the green line which should now act as a support and any reversal signs after testing the green line would mark my entry into this scrip with 1st target at the red line.
I would request to whomsoever watches this idea, give sometime to this setup, mark your own entry/exit strategies before executing this trade.
Remember, a failed plan is far more rewarding than a successful guess. You can comment/message, any feedback/suggestions/applause.
Like I always say, let's learn and earn together :)
SRTRANSFIN LOOKING GOOD FOR UPSIDE MOVESRTRANSFIN looking good as stock shown good rally and now taking support at all previous all time high
looks good if breaks above trendline
(Stocks showing same structure as Ingresoll rand -- see that idea too for reference )
Solana About to get new All Time Highs.#-The Analysis is based on personal Knowledge of technical analysis , Please Do Not Take It as a Financial Advice, And Always Do Your Own Research.
#1 Solana Just Gained New ATH 219.05 $.
#2 Solana Is now moving in an ascending parallel channel.
#3 Three Important Supports are:-
Support 1 = Around 152 $
Support 2 = Around 180 $
Support 3( Or may be resistance in future) = Around 187 $
ATH ( High Resistance Zone) = 219.05 $
## Technical analysis:
. SOLUSDT is in an Ascending Parallel Channel .
. The price is above the 50 Ema and It is also Acting as a strong Support.
1. Retesting on Point A is very Important At Support 3.
2. Support 3 Is already Strong ( Also it was Surpassed with a large volume).
3. All Time High is a high resistance zone so we may see a pullback from 219.05$ And then we have to see How Chart Goes on.
4. High Chances are it ATH is broken with large volume then it will retest At Point C. And If Retesting Is successful, We can go for long.
5. The vertical width between first touch on upper trend line and first touch of lower trend line is around 66.53 $ ( Almost 35%) That means
We can take Minimum 35% profit if rally starts at Point C.
Take Profits:
TP1= @ Around 240 $
TP2= @ Around 260 $
TP3= @ Around 300 $ ( Around 35%, Main Target)
*Buy Zone 220-230 $, Stop Loss AT 205 $.
If You Loved This Analysis ❤️ Hit the LIKE button
Drop some feedback below in the comment !
Trade well. ❤️
Bank Nifty Update for 26th October 2021NSE:BANKNIFTY
Bank Nifty Update for 26th October 2021
==============================
BANKNIFTY INDEX has outperformed NIFTY
and is trading on ALL-TIME-HIGH levels.
Index is continuously making higher highs & now has formed HARMONIC ABCD pattern.
Here's the trade setup for today:
For buying:
The pattern will be activated above 41,800 and a bullish momentum will be seen if the price sustains above it.
Possible targets on the upsides are 42,000/42,200/42,400/42,600
For Short:
Short will only be activated below 41,000 levels
Trade setup
==============
Key support is: 41,000
Key Resistance is: 41,800
Trade Accordingly!
Good Long Opportunitystop loss and target levels are mentioned in the chart . sl is on eod closing basis . follow position sizing and proper risk management .
a good flag and pole breakout happening in suppetro . but more important than any chart pattern u can see that this stock is continuously following 50 ema from 2020 lows and has rallied to these levels by taking support everytime on 50 EMA . FOR the first time it closed below 50 ema but now it has again given breakout of 50 ema and as well as retested it and also retested the trendline so now we can hope for a good upmove making new highs in recent future .
Volume also seems to be increasing after a good consolidation in tight range .
Ambika cotton mills -Bullish structureAmbika Cotton Mills is engaged in manufacturing and selling speciality cotton yarn catering to the needs of manufacturers of premium branded shirts and t-shirts. Exports constitute significant portion of the operations. The company operates with total installed spindle capacity of 108288 (Previous Year 108288 Spindles) of compact facility housed in four units and Knitting facility of converting 40,000 Kgs of yarn per day into fabrics.
Quarterly updates
Net profit up 177% to rs 29 crore YoY.
Declared 35 rs dividend
Technicals
Cup& handle breakout.
Demand zone - 1200-1240
Possible target:- 1450-1700-1850
Keep Stoploss:- 1070(WC)
Only for educational Purpose
Mentorship InstaView 18 Oct’21: No Time to Slow Down
Nifty View: Strong momentum continues for the benchmark Nifty index as it gained another 140 points in today’s session. The index has opened with a rising gap in the last two trading sessions. However towards today’s close we did notice some degree of momentum slowdown, which is very much obvious considering the rate at which prices have accelerated over the past few trading sessions. Strategically one should maintain a bullish bias and look to initiate long trades, either fresh breakouts or pullbacks. Please watch the video for a detailed analysis of the index and stocks.
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.
BTC TREND ANALYSIS FOR 18th Oct‼️‼️BTC CHART ANALYSIS ‼️‼️
Kal btc ki life ka important day ha kyuki i think kal hi vo din ha zab btc apne new all time high pr zaega.
Kal ke lie meine 6 stages ka ANALYSIS kia ha 6 different time periods se trend line bana kr.
Trend lines from :-
1 Oct.
6 oct.
11 Oct.
Sabki possible conditions ka estimate lagya ha.
And 6 stages me result aaya ha.
Agar favourable conditions me chala market to :-
Stage 1 :- Is stage me kal bitcoin zada der tak nahi rhna chiye zaldi hi stage 2 ki taraf zaega.
Stage 2 :- Is stage tak aate aate maybe sham ho zae but is stage pr bitcoin ko ek bhari resistance ka samna krna pdega, ye vohi stage ha zispe pichli bar btc aakar har man kr gir gya tha.
Stage 3 :- agar yaha tak btc pouchta ha to vo thoda slow ho skta ha maybe stage 2-3 me ghumta rhe thode ghante ya din.
But agar pump massive hua to btc 68k tak bhi za skta ha kal direct.
Stage 4 :- agar is stage ne btc enter kr leta ha to fir free ha btc sidha 68k tak zaega.
Ab aati ha agar market reverse act krti ha to.
Stage 5 :- ye normal stage ga agar market bullish hi rhi to bitcoin isse zyada niche nahi zaega and isme aakar vapis stage 1 me recover kr lega.
Stage 6 :- ye downfall resistance ha in case market me fake bears aaye and is stage ko bhi unhone tod dia to btc. 53k tak bhi gir skta ha. Lekin usme darne ki bat nahi ha btc recover kr lega easily. Lekin thoda time lag skta ha
TATA COFFEE - Near all time highHello all,
Day before yesterday I posted a chart of rise in prices of coffee futures (I have attached the link below). One direct beneficiary of that is TATA COFFEE.
The chart also speaks the same.
The Stock broke a multi year resistance point after a cup formation(A). Made a new high(B), gave a price correction and is now trading very close to ATH level (C).
A position can be made in this but the only problem is that the stop loss would have to be a bit deep (around 200) while the upside target is around 285.
If you wish to enter it, then size your position accordingly.
Do leave a comment if you have any doubt/suggestion/advice for me:)
Happy Trading!
# HDFCBANK ON THE EDGE OF A POTENTIAL BREAK OUTHDFCBANK one of the largest constituents of the market index is at the edge of a potential big breakout if it works out.
There is a rounding pattern formed and it already has cleared the previous 1641 resistance and is at all time high but just need
a green candle close above for confirmation. The Fibonacci extension levels indicates 1800 levels possible even if 50% FIB levels are met.
The trend indicators ADX is DMI + bull zones and strength of it seen rising on all timeframes short/medium/long.
The price momentum also is clearly bullish all around.However put tight stops below neckline of the breakout zone below entry candle.
If this breaks out really you could image where nifty /bank nifty could get to.






















