FinNifty has been trading in a rising wedge pattern in the last week and has closed around the resistance levels. Tomorrow is the weekly expiry of the index and chances of a trending move is there as the market has consolidated in a narrow range. In the last trading session, finnifty has consolidated in a 40 points range after the hour of trading. Markets were...
KRBL (17 June 2024) Breakout of downtrend line with extreme good volumes Bullish harami candlestick pattern at support Disclaimer- This chart is only for learning purpose. It is not for trade
Bajaj Twin are waiting for a move while other stocks of the group has given good returns in last few months. Both the finance sector companies are trading a break out zone. Banks and other NBFC's has performed and created new highs. Bajaj Finance A bullish engulfing candle on the monthly charts is showing some trend reversal in the stock and has gained over...
IGPL | Cup & Handle is in making, Excellent risk reward CMP : 546
BBY (NYSE) | Channel breakout - Looks good for 30-40% short term #us_stock
After long time correction Ifibeam now trend line breakout is happened 📉📈🎯🚀 It's ready for entry setups 📈📉🖤🤍
LNG (NYSE) | Perfect Cup & Handle in making #us_stocks #nyse #nasdaq
Currently HCL technologies trading @ Support which was previous resistance. There is potential target till 1600 and We can bet trade in Futures(July & Aug-2024) and Stoploss below previous weekly candle 🕯️ low. Note:- Indian It sector is bout to rally as Nasdaq closing ATH daily, Concentrate on IT Stocks. Happy Trading!! Only for educational purpose.
MEDIASSIST | Simple + High probable setup Recently DII are accumulating it decent qty CMP : 561 SL : 520
INDUSTOWER | High probable trendline breakout CMP : 340 (Dip : 300) SL : 250 Target : 700 Looks like some turnaround story ahead, i suggest take a small position without SL and that is how i've taken.
In the Weekly Chart of COFORGE , we can see that; after Inverted Head and Shoulder breakdown, it did not sustain and we saw a downfall. we saw a very strong bounce back from 4300 levels. Also, now it is creating a very strong price action and slowly moving in upward direction. Enter on breaking Candle's High with Low as SL. Expected momentum is shown in chart.
In the Weekly Chart of INFY , we can see that, it has shown a very strong bounce back from 1350 levels.. After Bounce back it has shown respect to the move and created a inside candle. Enter on breaking Candle's High with Low as SL. Expected momentum is shown in chart.
In the Weekly Chart of TMB , we can see that, it has again tested the last FIBO level and strong buying has happened in it. After bullish candle it has created a Halt candle. Enter on breaking Candle's High with Low as SL. Expected momentum is shown in chart.
In the Weekly Chart of SOUTHBANK , we can see that, it is same range since weeks. After testing the Trendline it has now created a inside candle. Enter on breaking Candle's High with Low as SL.
Please consult your financial advisor before investing.This is only for learning purpose of chart. We are NISM certified EQ and MCX trader but SEBI register not investment advisor. You can connect me on INSTA for further query at _prem_.23 STOCK moved and retraced back it might move again for its all time high
Nifty for the last 3 trading session has been forming doji candle around the higher levels. The market is holding the upper levels but is not moving much above the previous day high. Single hourly candle is giving a move and after that there are many halt candles. Sentiments are looking negative as the RSI is showing a bearish divergence and market is unable to...
Reasons for a potential bullish move 1) support 2) 200 Ema 3) bullish Engulfing Plan of action - Entry - engulfing candle high Exit - 1:2 Sl- engulfing candle low Happy trading :) Disclaimer - for education Purpose
LANCER | Channel support + 200 EMA + Good valuation (25 P.E) CMP : 62