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Bullish Patterns

15 Jan ’24 — Bullish reinforcements are on the way! Nifty50Nifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “Till yesterday, we were looking for neutral trades with a possibility of going down. See how the tables have turned today. For Monday — we need to look out for bullish opportunities now.” 4mts chart Another gap-up of 131pts ~ 0.6% today! It was required to break the channel resistance line. There was a minor fall, but the 22000 level provided early support and we kept the gap unclosed. Once Nifty50 found its balance, it rallied steadily for the day and closed near the highs. The new ATH is 22111. 63mts chart The break away from the channel is evident in the 63mts chart. See the points Nifty is climbing every time it gets a stance upgrade from neutral to bullish. Remember how things were looking weak on the 8th and 10th of Jan and how Nifty turned from there? For tomorrow, the bullish stance continues and the first support will be the ascending channel top-line ~ 22050 levels.
NSE:NIFTYLong
by viswaram
RELIANCEWait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the pullback. 6. Don’t chase the market. 7. Don’t fight the market. 8. Even in the strongest trends there should be some retracement. 9. The closer the market is to the trendline, the better the risk/reward ratio is. 10. Use ADX to determine the strength of the trend. 11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy 12. Hold trades longer in a strong trend. 13. Wait for confirmation of a trendline breaking before reversing position. 14. Know where the Support levels are. 15. Place stops outside the Support levels. Thank You..
NSE:RELIANCELong
by Rvkachhadiya
TATA MOTOR Swing TradeNow this stock is performing side base. Already this stock is performing strong bullish . Now here is the time to create new position . Here support :776.20 Resistance: 800 When every price goes to support area you can add your position. In case price break the support then we will follow 200 Moving Average. Until below 200 moving average it's bullish. It's a very good stock. Tata Motor book 4% Jump in December total sales. Tata Motor zoom to fresh lifetime high on 5% rise in December sales.
NSE:TATAMOTORSLong
by KaustavHazra
Bitcoin Post Halving Target $200k as Per Chart Analysis#BITCOIN Post Halving Target $200k ( CRYPTOCAP:BTC ) 1️⃣ 2016 Pre-Halving Pump +370% 2️⃣ 2016 Halving Dump -41% 3️⃣ 2016 Post Halving Pump +4100% 1️⃣ 2020 Pre-Halving Pump +335% 2️⃣ 2020 Halving Dump -63% 3️⃣ 2020 Post Halving Pump +1650% 1️⃣ 2024 Pre-Halving Pump +200% 2️⃣ 2024 Halving Dump -45% 3️⃣ 2024 Post Halving Pump +700% For educational purposes only, No buying and selling Recommendations. Hit a Like & Share your views
INDEX:BTCUSDLong
by CryptoPatel
BreakoutA breakout refers to when the price of an asset moves above a resistance area, or moves below a support area. Breakouts indicate the potential for the price to start trending in the breakout direction. For example, a breakout to the upside from a chart pattern could indicate the price will start trending higher. Breakouts that occur on high volume (relative to normal volume) show greater conviction which means the price is more likely to trend in that direction. Script = Bandhanbank Time Frame = 1 Day
NSE:BANDHANBNKLong
by Jainshashwat
Confluence of reversal signs in GNFCGNFC has given a very strong weekly closing on Friday.600-610 was acting as a strong resistance and the stock has managed to close above it. A trendline breakout is also seen in the stock. The chart is showing strong bullish trend after retesting the weekly demand zone of 500-520 followed by strong reversal from weekly support trendline. Positional traders can buy the stock at CMP and add on dips till 580 with an SL of 530 DCB. Targets are 730, 780, 900++. Chemical stocks, have shown good bullish trend in past few days and GNFC can continue the rally even further. Idea shared strictly for educational purposes.
NSE:GNFCLong
by chartistamey
ALGO/USDT 15x Potential as per My chart AnalysisALGO/USDT Inverse H&S Pattern: EURONEXT:ALGO Warning: Strong Resistance Ahead at $0.30 Level! If the price is rejected from $0.3 level, a 50% retracement is possible. However, an Inverse H&S Pattern is also emerging, suggesting that the best accumulation zone might be around the right shoulder at $0.160-$0.180. If this pattern comes to fruition, a 15x target could be expected in the near future! Another scenario to keep in mind: If the resistance breaks, we could see a super bullish move towards $2 (10x)! Overall, the market is bullish, so try to accumulate at every big dip in the spot. Algorand is already up 200% from the recent bear market bottom. Fundamentals: Over 30 million transactions completed in less than 24 hours on #Algorand Algorand started this year with 2k TPS sustained for hours. It is now a few hours into the Juicening, and Algorand is still on top
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by CryptoPatel
GAIL - Multi-year breakout in Monthly TimeframeGAIL has showcased a remarkable multi-year (16 years) breakout, establishing itself as a standout performer in the financial markets. This breakthrough is not merely a fleeting uptick but signifies a strategic ascent by successfully breaching key resistance levels that had acted as formidable barriers for 16 years. Worth noting - VOLUMES Surge: What sets this breakout apart is the substantial surge in trading volumes accompanying the upward move. The volume increase provides a compelling validation of the market's confidence and reinforces the conviction behind the stock's newfound trajectory.
NSE:GAILLong
by SwingtradesbyAbhishek
1
ASTRADAO/USDT 10x-50x Potential As per Chart and Project#ASTRADAO 10x-50x Potential Project I am Expecting ASTRA DAO will be next Gem in Bull Market. Trying to add very Small Quantity. Accumulation zone: $0.000000070-$0.000000095 Try to Add in Dip when Market Dump. ASTRA DAO: Astra DAO is a decentralized crypto asset allocator on Ethereum, offering convenient investment strategies and products/indices. The native MYX:ASTRA token provides access to utilities, rewards, development funding, treasury reserve, voting, and staking benefits. Note: DYOR Before Investing. Do you Own Research before investing in any Coins or Tokens.
Long
by CryptoPatel