Banco Products (i) Limited - Breakout Setup, Move is ON...#BANCOINDIA trading above Resistance of 860
Next Resistance is at 1998
Support is at 637
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Breakout!
Banco Products (i) Limited - Long Setup, Move is ON...#BANCOINDIA trading above Resistance of 637
Next Resistance is at 860
Support is at 415
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
JpolyInvest technically good. Add to your watch list.-Technically good, breaking out.
-Good Volumes.
-Broke out of Parallel channel.
-Forming a good pattern.
Extremely Risky. Very good chances of breakouts failing. Please do not trade based on my view. The chart is shared to alert you of a probable good setup.
Trade at your discretion. Don't be fooled by today's upmove in the market. We need more confirmation. And trade small qty only more like a test quantity.
PAR - Ready to Break All Time HighThe chart of PAR Drugs shows a strong accumulation phase followed by consistent base shifts, indicating a steady uptrend with strong support levels forming at higher price ranges.
Key observations:
Strong Base Formation: The stock established a solid support level early on, acting as the foundation for the uptrend.
Base Shifts:
Multiple higher bases were formed, showing sustained buying interest and bullish momentum.
10-Week EMA Support:
The stock repeatedly tested and respected the 10-week EMA, confirming it as a dynamic support level.
Bullish Candle with Volume:
The latest bullish candle is supported by high volume, signaling strong buying interest and potential for further upside.
Huge Volume Activity:
The significant spike in volume during recent moves suggests institutional participation.
$JASMY Ready for Liftoff: 400%-500% Gains Ahead?SEED_DONKEYDAN_MARKET_CAP:JASMY is showing strong bullish momentum and is ready to break out on the Higher Time Frame (HTF). A significant move could be on the horizon.
Support Zone:
$0.018 - $0.016 remains a critical support level. If this zone holds, we could witness a massive 400%-500% upside move in the coming weeks.
Targets:
My current bull market target is $0.10.
Risk Management:
If the HTF candle closes below $0.015, it would signal weakness, and we can consider an exit strategy.
Keep an eye on SEED_DONKEYDAN_MARKET_CAP:JASMY as it gears up for a potential explosive move.
Summit Securities Limited - Breakout Setup, Move is ON...#SUMMITSEC trading above Resistance of 3215
Next Resistance is at 4838
Support is at 2062
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Ganesha Ecosphere - Breakout Setup, Move is ON...#GANECOS trading above Resistance of 2332
Next Resistance is at 2763
Support is at 1785
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
XRP/USDT 115% up and Still Target is $2 & $5CRYPTOCAP:XRP Breaks $1 After 3 Years: Is $5 Next? 🚀
#XRP Bullish Run in Full Swing
🔹 Ripple hits $1 – a massive achievement, especially after being delisted from the stablecoin list.
🔹 It’s been 1057 days (nearly 3 years) since XRP last touched $1
What's Next? #Ripple shows $5 potential in the current bull market, but consider booking profits above $2 for safety.
🔹 XRP is pumping hard after news of Gary Gensler's possible resignation following a Trump victory.
Performance Update:
🔹 XRP/USDT is up 66% since my breakout post.
🔹 Up 115% from our initial post.
Hope you’re riding the wave and enjoying the gains.
Ganesha Ecosphere - Breakout Setup, Move is ON...#GANECOS trading above Resistance of 1785
Next Resistance is at 2332
Support is at 1363
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
GBPUSD Faces Continued Pressure with Key Support Levels in FocusThe GBPUSD pair remains under bearish pressure as it trades near 1.2616, consolidating within a downward trend. Recent price action highlights a breakout below key support levels, reflecting the dominance of sellers.
Technical indicators such as the EMA 34 and EMA 89 confirm the downtrend, while resistance levels near 1.2664 continue to cap any upward attempts. The recent breakout below the blue support zone signals potential for further downside, with 1.2540 emerging as the next target if bearish momentum persists.
The overall trend suggests a strong influence of USD strength, driven by market expectations and global economic developments. For traders, the area near 1.2650 may provide a retest opportunity, but the broader sentiment remains in favor of sellers until significant bullish signals emerge.
EURUSD Under Pressure Amid Persistent USD StrengthLast week’s trading session saw EURUSD lingering near its lows with minimal movement. Currently trading around 1.508, the pair remains favorable for sellers, driven by sustained bearish momentum.
The U.S. dollar continues to gain strength, fueled by policies linked to the Trump administration, further weakening the euro. On the technical front, bearish signals are evident, with consistent reversals near the 34 and 89 EMA, reinforced by trendlines, support/resistance levels, and Dow Theory patterns.
Looking ahead, potential trade policies under Trump’s administration, such as tariffs on European and Chinese goods, could drive U.S. inflation higher. If the Federal Reserve maintains a cautious or hawkish approach, this would likely provide continued support for the dollar, keeping EURUSD under downward pressure.
63Moons-Ready for a flight to the moon(ATH)?63Moons had a strong resistance near 400 levels which has been broken in monthly TF and has been retested as well.
Stock is looking good for a rocket on the upside and takeoff has just been done.
Keep in watchlist. Highly risky stock. Support is very deep.
Levels marked on the chart. Looks good to be a zero hero investment for multibagger returns for high risk takers.Not a recommendation
swingHistorical Resistance Level: The horizontal blue line around the 70-72 INR mark appears to be a strong resistance level. The price previously reached this level around 2009 and again recently in 2024, indicating that this level is significant for traders.
Recent Price Action: After a prolonged downtrend, the stock formed a bottom and started to recover. The recent price movement shows a breakout attempt above the resistance level, with the current price at around 70 INR.
Trendline Breakout: The yellow line represents a downward trendline. The recent price action suggests that the stock may have broken out of this trendline, which could be an early signal of a potential trend reversal.
Volume Confirmation: While not shown, volume is crucial for confirming breakouts. If the breakout above the resistance level is supported by strong volume, it can be considered more reliable.
Next Levels: If the breakout holds, the stock may move towards higher resistance levels, likely around the 100 INR mark and possibly higher. However, if the breakout fails, the stock could retrace back to support levels, potentially near 50 INR.
This chart suggests a cautious bullish sentiment, provided the breakout is confirmed with volume and continued upward movement in the coming months.
Himatsingka might give a monthly breakout soon!Himatsinghka seide has a strong supply zone of 160-180.
If this resistance is broken, we can see a quick flight towards 280 levels.
However, as this is small cap stock, volatility is huge and hence risk is greater.
Not a recommendation. Kindly invest as per your own analysis.
IRCTC by KRS Charts11 Nov 2024 / 11:11 AM
Why IRCTC ❓❓
1. Fundamentally Good Company. 💪
2. Technically, it was already Entered in Golden Reversal Zone. 🔅
3. Along With that inside that zone now Bulls Counter- Attack is visible ✅ which is formed at the bottom of the Trend for Reversal.
4. At recent Bottom Positive Order Block has formed and showing Bullish Traits from that level.
5. With Bull C. A. green candle RSI is showing Bullish Reversal Divergence.
Targets & SL is in Chart