Technical analysis: Welcome to this quick update everyone, In Daily timeframe Chart, Bitcoin was breakout of the Falling Wedge1 and Falling Wedge2 and retested done & still maintain Above the Major Daily/Horizontal Support (31k to 28k). Need to break both the DMA {Daily Moving Average (21&50ma)} to be bullish and get momentum from here but The price didn’t...
Disclaimer: This is my own view and analysis. Plz analyse it yourself before investing or trading
Breakout from the resistance trendline. Good volumes traded. Options traders can sell put options. Analyze before entry. Can rally after a retracement.
After breaking the 424 Resistance, IEX give the good move till 450. . But yesterday the stock retraced so there are two chances in the scenario. . As you see in the charts 424 is strong resistance in the previous week's now its a support level. . 1. If IEX break the support of 424, so we can see the downside till 413. 2. On upside if stock is goes above 432, then...
NSE:RAMCOIND Don't rush to get in to the trade until and unless if you find weekly strong candle to close above 330 level. Short term to long term holding can lead to target of 390. In current week good volume came same like it was in Oct 2016. Looks promising to buy for short term.
Orientabra Long Stock is at near breakout. Since last 4-5 weeks volumes are rising Buy above 36.5 SL- 31 Target- 40, 44.5, 50 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose
Check the chart..
Fundamentally Strong Company Ride the Trend with trailing Sl
Once the scrip breaks upper bar of the ascending channel. It zooms like anything. The same pattern has been showcased by many stocks in the past. One of the best examples are JSW steel and JSW energy.
This stock is trying to give multiyear breakout you can see above chart the price is giving respect to trendline , more then four times it has tried to give breakout , if it gives break out it can break all time high , fundamentally the stock has good potential , its almost debt free company , since 2018 the promoter holdings is also been increasing . now 2021...
So Asian Paint share give around 6% move on Tuesday, there is a two reasons behind it. . 1. Asian Paint was in consolidation mode from last so many days so it gave a breakout on Tuesday with the level of 3068. . 2. In the second half, Asain paint declare their good Quarter Results so it gives the more upward momentum to the share. . So for tomorrow, there is a...
So, Nifty is traded at around 15632, so what we should consider on expiry day. . 1. 15733 is a strong resistance level if Nifty goes upside and break the level and made 15 minute green candle then only we will buy CE. 2. 15733 is a strong resistance level so maybe once Nifty touch this level and then reverse. So wait for the full breakout. . If I am talking about...
NDL (W) :- 70.25 CMP, Looks good for more upsides :) 1) Breakout Done + Strong Follow-up move :) 2) Volume Spurts
MARALOVER (M):- 70.55 CMP, Looks good above 78 for more upsides :) 1) Breakout Soon :) 2) Accumulation Phase + Volume Breakout
This stock has formed the classic cup and handle pattern indicating a possibility of a breakout. Either It can be bought at current levels for a near term target of 360 and 380 respectively, or you can wait for it to cross 350 (which will be a confirmation of much higher numbers considering that it will breach all time high). Stop loss can be maintained at 325,...
Morepen is brilliantly placed in charts with 2 Bullish patterns emerging, indicating an upswing. In my opinion, the stock can easily add 10% from the current levels in a very short span of time. Can be bought at current levels, keeping a stop loss at 67. Supporting Technicals: RSI: 64.3 (bullish but not overbought) ADX: 28.3 (indicating strong trend) MACD is...