It's forming head and shoulder pattern if It Breaks the neckline then there is possibility that shop downfall we could see.
IFBIND 1) Time Frame - Weekly. 2) The Stock has been consolidating in a downtrend channel since 2021 & Now It has given a 3 years Downtrend breakout with huge volume & strong bullish candle close in weekly. 3) The next target / resistance would be its previous life time high (1546.95 - 24.5% from the current price 1241.95). 4) Recommendation - Strong Buy
1. Set up: Reversal with FIB levels 2. Trend Bullish 3. RR: 1:6 RR 4. SL follow on closing basis
Bullish View: Copper's weekly breakout move in underway currently. With the first target being achieved this week. The chart pattern suggests its a 'Buy on Dip' opportunity and we could look to enter in the Buying Zone as shown in the chart for higher targets. Of course this view is negated at the breach of 680 levels on weekly closing basis. We could play the...
Bank Nifty has a bullish bias. We can expect the price to move up and target the ATH. We can see a pullback to the demand zone(47181 - 46997 ) too before it starts showing it's strength. Im Not SEBI Registered This Is My personal analysis for my personal trading
The upward-sloping line on the stock chart indicates a bullish trend. The breakout from the consolidation pattern is significant. The breakout is upward, which implies that the stock has broken free from the consolidation and is likely to continue its upward movement. Disclaimer: The information provided here is for educational purposes only. It does not...
Nifty has been showing some strength now. Expecting it to continue moving up and create new ATH and make a new one. It can test the marked Demand zone ( 22193 - 22088 ) and then move up to take the ATH too. This is my Personal Analysis For My Personal Trading. Im Not Sebi Registered.
No stoploss for this month. Adding at 1600 with a mindset of gap filling. Will add some quantity today even if price does not touch exact 1600. Take a look at Group Companies: KP Energy Limited KP Green Engineering Private Limited KPF Green Hydrogen & Ammonia Technology Private Limited KP Human Development Foundation ROCE 24.7 % ROE 53.4 %
Day 6: Had the idea of chasing the trend, however, realised that I am not yet ready for it. The SL was very far off and hence was sceptical of taking the plunge. Upon confirmation candle, did take the stand; and it turned out to be correct, got out at expected target. Learning: 1. Waiting for confirmation definitely helps 2. Do not doubt the system even in an...
If 1644 sustains in weekly then 📈 2800 possible within or on 27th May 2024 Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
1. Trend: Sideways to bullish 2. Set up: Reversal trade with Buy at support 3. RR: 1:10 4. SL on weekly closing basis
Gold showing a good falling due to The neckline breakout Strategy Also a heavy fall also showing due to volume Increasing for sell Just wait for pure breakout then grab it Follows for more SURESHOOT tradeing setup Gold showing a good falling due to The neckline breakout Strategy Also a heavy fall also showing due to volume Increasing for sell Just wait for pure...
Campus CMP 222 Add on dips till 198 SL CLB 150 Targets are mentioned/marked in the chart For more info - Plz visit my Profile Dont miss to Like/Boost & Share this idea Rgds, Naresh G SEBI Registered RA
IMFA Prediction for Swing/ Posional Trading Entry 1 was at breakout level 465. This level almost retested. You can enter into trade above 495 or you can entry according to your experience. Sls- according to you RRR. Targets- 525,555,585,615,646,675,705,735,…,… (more will be updated later if need ) According to your “STOMACH” book your profit. Always maintain...
The analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. Price has come out of stage-1 accumulation. one can notice the high volume activity as well in recent months. Now it has been giving pullbacks as per market conditions and seems to be ready for further upside...
so we recently witnessed a great closing from BTC above its previous all time high in weekly and monthly closing that is a very strong signal that market is perfectly bullish, but what is it currently happening. so BTC in order give a perfect breakout from its all time high will ofcourse require to accumulate as much volume as possible thats what is currently...
Stock has given a breakout after a Flat correction and is rising in an impulsive manner. Stock is likely to extend the gains towards the upper end of the channel in the coming days and weeks ahead.