As per the 2 Hour Chart of GAIL, we have witnessed a Formation of a “Bullish Engulfing” Pattern on the downside levels. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein, the stock is being expected to face a resistance initially at around the levels of 160.10, 162.45, and 164.65. Whereas, on the...
This is Monthly Timeframe. Finally ITC is showing some strength, sell-off started in July 2017 and it fell more than 60% from it's all time high and made a bottom in March 2020. And after that it started a retracement, but the retracement have crossed the 0.50 fibo level, and now approaching the 0.60 fibo level, that means it not a retracement anymore. It may...
At the brink of breakout. Can be a great buying opportunity. Also watchout for any breakdowns as it is forming an ascending triangle also.
LTI - bullish Engulfing Pole Flag Pattern Breakout
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
SHANKARA BUILDING has shown a breakout above 654 with a rising volume which can lead it towards a level of 800, also there is MACD crossover supporting with RSI above 60.
As per the 2 Hour Chart of CADILAHC, we have witnessed the Formation of a “Bullish Engulfing” on the downside. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 393.10, 398.55, and 404.30. Whereas, on the other hand, on the...
Already formed bullish engulfing pattern with good volume. Also pattern formed is on support line so can buy once this resistance breaks
today in Navin Fluorine a strong bullish engulfing candle has formed. tomorrow i.e. 12/27 there is a very high chances of the price to move upward. also there seems like an ascending triangle formation which may help the price to move up. -RSI crossing 70 -very high volume buying compared with 10 days average -delivery remains low of 18% -good for intraday or...
After consolidating in the range of $46,000 to $50,000 from the last 15-20 days, BTC closed the last week on a positive note with ~8.81% gains. Other crypto assets also witnessed a positive week as the combined crypto market increased from $2.10 Tr to close the week at $2.395 Tr. BTC formed a strong weekly candle which slightly depicts further movement to the...
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
NSE:COFORGE #NSE:COFORGE trading bullish @ resistance. Post sustainability confirmation, may see positive trend.
On the 1 Hour Chart of UPL LTD., we can witness a beautiful Formation of "Bullish Engulfing" on the downside levels. Therefore, we are expecting a bullish momentum in the stock in the upcoming trading sessions. Where the stock is being expected to face a resistance initially at around the levels of 741.10, 747.80, and 755.10. Whereas, on the other hand, on the...
Reliance Long Bullish engulfing candlesticks pattern Buy at CMP- 2430 SL- 2309 Target- 2560, 2645, 2722 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
Bullish englufing pattern with confirmation and decent volume. SL1 - 25.5 SL2 - 24.4 Target 1 - 29,5 Target 2 - 31
After the breakout from a resistance of 170 zone, M&M FIn has entered to a new bullish territory, and is testing its previous resistance. Good signs are that a bullish engulfing candle has formed taking support of 20 EMA and RSI is also in bullish zone. Entry can be done from current levels till 173 with a SL of low of the breakout candle i.e. 171, hoping for an...
GRAVITA has closed above a major resistance range , formed a bullish engulfing candle with good volume. Looks like it is out from a long time accumulation phase, betting big on it, Lets see what happens, Fundamentals are strong for this company
Princepipe - Chart has formed congestion in the monthly timeframe, Cup & Handle in the daily timeframe, a bullish engulfing candle on 29th Oct Friday Closing, All this has formed with the Earnings Ahead. It' a good buy Crossing the current resistance range 741-754 with good volume .