#BANKNIFTY ANALYSIS. Market are now in bullish zone. tomorrow might be gap up. If the market break 40763 zone then we can go for CE(CALL) First target = 40880,40918,40945,41065. If the market break 40647 zone then we can go for PE(PUT) First target = 40583,40559,40445,40359.
Recent golden cross on daily timeframe, consolidation over 200,50 and 20 daily EMAs and price compression just below strong resistance. SL: 21200 TP 1: 31200 DISCLAIMER: not a financial advice, just personal perspective of the market published only for entertainment purposes.
AXIS BANK Hourly has trendline breakout / Inverted head n shoulder breakout. Good to buy at 861 for target of 890 with sl below 850
BUY Crude oil cmp 6304 sl 6285 tgt 6338/6360 looking bullish momentum
Hello Traders! 1. We see a 5-wave move down, a clear impulse; then Wave A breaking into 5 parts, and then a clear Wave B breaking into further 3 parts. 2. We see a running triangle variation forming as shown in the chart and then a 5-move impulse down. Image attached. 3. A 5-move wave up can be clearly seen on the chart in the 15-minute timeframe. That...
TRIVENI TURBINE Hourly chart has inverted head n shoulder breakout/trendline breakout. Good to buy at 323 for target of 401 with sl below 302
NTPC Closing 172.4 with stoploss 161 then targets are 183-190. Buying Reason. 1 --> Price closing above 20,50 EMA. 2 --> RSI is ready Cross 60 Level. 3 --> ADX is showing the Bullish Move and +DMI is Rise. 4 --> Volume is also showing the Breakout Volume and Cross the Average Volume. 5 --> Also Bollinger Bands are Open is Positive side.
The pattern consists of a small red candlestick followed by a larger green candlestick that completely engulfs the previous red candlestick. The red candlestick represents selling pressure, while the green candlestick represents a strong buying pressure that is able to overcome the selling pressure and push the price higher. The potential targets are 305, 345 and 380.
Chart pattern insist me the above titled opinion REASONS 1. DELTACORP is trading inside a expanding triangular pattern . 2. It is seen respecting the pattern till now. 3. Currently , it is in the upswing move(in white channel pattern ) inside the expanding triangle pattern. 4. DECEMBER 23 & 26 candles make the Bullish harami pattern at the perfect support...
Technical Analysis on 2H time frame. Figure 1 1) I use EMA of 20, 50, 100 and 200 periods. 2) The moving averages are contracted in a very symmetric way. 3) The 20, 50 and 100 ema lines are almost on the same level. 4) The resistance comes on the level of 81 Figure 2 1) On 17 Feb we got the breakout of the triangular pattern. 2) The price tested its...
IGL looks bullish on 4h chart. Technical Analysis: Candlestick Chart: - Breakout of Triangular pattern. - Breakout of Resistance at 436. - EMA 20,50,100,200 + Moving average lines expanded. + All moving average lines are arranged according to their position. Renko Chart (Brick Size = 5) - 4 Bricks are printed + First 3 bricks formed the...
Technical Analysis Figure 1 1) Bollinger Band squeezed and formed a pipe-like structure. 2) Breakout of the upper band. 3) RSI > 6 4) MACD Bullish Crossover and histogram gives the buy signal. Figure 2 We use Exponential Moving Averages of 20, 50, 100 and 200 periods. - The averages are expanded. - The price is testing its 100ema - The overall structure...
Bullish trend on Tesla 1 hours Time frame with higher high candle.
Fundamentally earnings also good dividend also provided for long term investment reffer my old analysis attached below
since jan 2021 Samsung electronic is under selling pressure in parallel channel mode. after trying to cross 2 time still this is not able to cross the upper edge of the channel. however this time looks to be different. It has touch the lower edge of long term channel. So I am expect the up move to continue
Kopran for quick gains can look for tp of 235 with sl of 148.80 on dc
head and shoulder followed by Inverse Head and shoulder has made this structure very interesting. Expect a bounce in near term