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Bullishpattern

Market Bullish NIFTY 50 Ready to Set New Record High.Greetings everyone, I think that either the NIFTY50 or the entire market is entering a Bullish trend. Starting from today or possibly in the upcoming week, it seems likely that the market will commence a UP ward direction. This projection is based on two potential factors: -> Today Imp Resistance level 21517 Crossed. -> We have strong Support in 21250 and it was our reversal trend. -> Today Bullish Marubozu Candle Key Levels: Entry Range: 21700-800 Stop Loss: 21517 Target 1: 21900 ( Probably achieved tomorrow) Target 2: 22000 Target 3: 22378 & 22654 Strategies to Consider: For those involved in options trading: Consider a small hedging strategy. For those engaged in futures trading: Implement a strict stop-loss strategy. Important Note: Make risk decisions in line with your available capital. It is strongly advised to refrain from trading with borrowed funds or your entire savings, drawing from personal experiences.
NSE:NIFTYLong
by NaveenTTR
2
GANESH HOUSING - 16 Years High Breakout - ALL TIME HIGHGANESHHOUC 1) Time Frame - Weekly and Monthly. 2) Previous life time high was 566 in 2008. After 16 years of consolidation, The Stock has given a breakout with huge volume & strong bullish candle close in weekly. 3) Option 1 - With the strong weekly close in All Time High, Buy at this current level. Option 2 - Wait for the strong bullish Monthly candle's close with huge volume above the price 566. 4) Recommendation - Strong Buy
NSE:GANESHHOULong
by SHRIHARII
1
SHAREINDIASHAREINDIA:- The stock has given a breakout after 11 months. Volumes are also showing good. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:SHAREINDIALong
by AjayDhakad_Keep_it_simple
TNPLTNPL :- Wait for the breakout, the stock has also been consolidating at one place for quite some time. Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until that, like share and follow :) check my other ideas to get to know about all the successful trades based on price action. Thanks, Ajay. keep learning and keep earning.
NSE:TNPLLong
by AjayDhakad_Keep_it_simple
Long Setup In MuthootA Inverted Head & Shoulder Chart Pattern Breakout happened on the Daily Time frame of NSE:MUTHOOTCAP Price Action supported by volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. One can initiate the long trade as per the lavel mentioned on the chart Stop loss will be on a Daily closing basis. Trend Analysis :- UP Trend Chart Pattern :- Bullish Inverted Head & Shoulder Chart Pattern Technical Indicator :- Positive MACD Crossover Disclaimer: This is for Educational Purpose only.
NSE:MUTHOOTCAPLong
by raigvivek
29 Jan ’24 — All 6 Green Candles, Nifty Stance UpgradedNifty Analysis - Stance Bullish ⬆️ Recap from yesterday: “Yesterday’s W pattern is no longer valid as today’s action has nullified it. Our stance continues to be neutral with a slight inclination to the bearish side. It seems like FIIs are not done unwinding their positions — the run-up to the Budget 2024 looks interesting.” 4mts chart Two major things stand out today Nifty gets a small gap-up, but most gains came via trading - which shows how the control went to the Bulls. Zero pullback - one-way trip. Gifty was contradicting with a value of 21650+ and Nifty50 pre open was suggesting only an open around 21450 levels. The 200pts variance seemed pretty odd earlier in the day, but once N50 started steaming ahead - it made perfect sense. From the previous close, Nifty went up 394pts ~ 1.85% today - most importantly it took out the 21491 resistance with so much ease. The only thing that did not make sense today was India VIX rising 13% to 15.6 levels. 63mts chart We are changing our stance from neutral to bullish as we had all 6 green candles today. Ideally, the stance change should come only after the 21913 resistance breach - but we are taking a bit of risk here. The pattern played out to be a W (double bottom). We would now look for bullish opportunities and the first target would be 21913. The global macros are not looking good with the war in the Middle East, news from Taiwan, and news from N Korea. Hope our markets will give a strong clue in case the situations escalate.
NSE:NIFTYLong
by viswaram