This is Monthly timeframe on Nifty 50 index. We have seen strong momentum since 2020 bottom and it have retraced to 0.23 fibo level. In consolidation for months and now it is in very strong resistance zone. Critical levels, make or break. My view is bullish backed by the last month's candle closing. This post is for information purpose only.
DISCLAIMER FOR EDUCATION PURPOSE ONLY bata was in setup be ready for uptrend and downtrend comment for any charts analysis for stocks
#NIFTY50 GLOBAL : Global market expecting Fed will slow down its hke interest rate. (press release on Nov2) Nifty : Bullish signal, may nifty will takeout all time high if fed slow down its rate hike. Major corporate results are over, only positive global news would take nifty from here on. Stock : Tata Steel - Reported Negative growth rate ~6%.
JSW ENERGY as per day chart Above 340 Target 348. Happy Trading to All....
Here's another chart I am sharing for educational purpose where I see a bullish breakout and a potential 30-40% gain. Entry - CMP : 370 Target - 490 Duration - 3 months to 1 year Stop Loss - Weekly closing below 330. Kindly note that this is not a recommendation and only for educational purpose. Invest only after your due diligence.
Hi everyone! Let us discuss TATAPOWER in this thread. TATAPOWER has given fabulous 750% movement b/w May'20 and Oct'22 and since then it is in consolidation. Below I have mentioned my reason why I think it is a good time to consider this stock. 1. Price Action : :- Stock is testing its 2 year long trendline(pl. refer chart). :- In weekly chart last four candles...
DABUR INDIA LTD seems to have closed well last week. It tries to break the current channel. Watch for channel breakout confirmation. If the daily price sustains above 576, look for upcoming targets.
last week coal india able to breakout & sustain above resistance line 240. Buy at current level & 244 .If sustain above this level shot term target will be 271
last week coal india able to breakout & sustain above resistance line 240. Buy at current level & 244 .If sustain above this level shot term target will be 271
I have been actively monitoring the inside bar pattern working on various Canadian stocks, I am just journalising and checking the win ratio for the same before I invest.
#BTC All Support and Resistance in one day chart pattern
#GMR INFRA Harmonic Target-45 SL-34 CMP:37.60 @ 27 October 2022
#TATA MOTORS DVR Super Bullish above 239 -> target-284 Add on dip SL-188 CMP:236 @ 27 October 2022
#TATAPOWER next harmonic Target-237/251 SL-209 above 253 -> next target 283 CMP:225 @ 27 October 2022
WTICOSUD(Crude Oil) is showing some interesting movement on major levels. Major upper and lower levels could be breached in the future. Crude Oil is showing a strong upward movement in the 1Hour chart breaching the level of $87.894. It seems that the counter is consolidating, if the price retests the levels of $87.80 and makes any type of bullish...
#NIFTY50 NIFTY FUTURE : 17900 (+200pts) Nifty Day : Range between 17800 to 17500 for past few days. With OI of call - 76L at 17800 and Put - 59L at 17500, indicates rangebound movement. Global : #NASDAQ ,#DOWJI - in mild bearish state. Todays condition : If nifty opens above 17900 and sustain throughout the day, it will cross 18000 in this...
Strategy: Using 10 and 200 Simple moving averages, we capitalize on price pullbacks on a general uptrend to scalp 1 - 5% rebounds. 200 MA is used as a general indicator for bullish sentiment, 10 MA is used to identify pullbacks in the short term for buy entries. An optional bonus: market crash of 20% from 52 days high is regarded as a buy the dip signal.
ELGI EQUIPMENTS posted on 21.10.22 Above 506 for Target 535 and as on 25.10.22 it closed at 524.80 after a high of 531 and on next session it should hit Target. Happy Profitable Trading to all....