ONWARDTEC | Trendline + 200 EMA supportONWARDTEC | Trendline + 200 EMA support
CMP : 455 (Dip : 410)
Candlestick Analysis
Gold Weekly Analysis July 15 - 19 Be a strong buyer until it reaches 2433.302.
Observe what the market is doing at that level.
If it breaks that resistance and sustain above that level, be a strong buyer.
If there is a signal to go down, then be a seller with proper selling signals.
Fundamentals may also support the market going up.
If the market goes down, fundamentals may play a role in this move.
GBPJPY - Pre Week Analysis Still its uptrend and trend has not been changed.
We can go to buy above 204.500 where we can see buying pressure.
If Buy SL hits 2 times in the zone of 204.500 - 206.543, Do not go for trade after that in that zone.
Based on every day situation bias can be changed
If it breaks and sustains below 204.500 - After retest and candle confirmation , We can become a seller.
Expecting it would go up based on upcoming economic data.
MEDPLUS - Weekly AnalysisIn the Weekly Chart of MEDPLUS ,
we can see that, it is at decision making point.
Enter on breaking Candle's High with low as SL and Go long.
Expected momentums are shown in chart.
SATINDLTD - Weekly AnalysisIn the Weekly Chart of SATINDLTD ,
we can see that, it is at decision making point.
Enter on breaking Candle's High with low as SL and Go long.
Expected momentums are shown in chart.
SRF - Weekly AnalysisIn the Weekly Chart of SRF ,
we can see that, it is at decision making point.
Selling is happening but is not strong.
Expected momentums are shown in chart.
FLUOROCHEM - Weekly AnalysisIn the Weekly Chart of FLUOROCHEM ,
we can see that, it is at decision making point.
Enter on breaking Candle's High with low as SL and Go long.
Expected momentums are shown in chart.
MOLDTECH | Simple trendline breakout and retestingMOLDTECH | Simple trendline breakout and retesting - Looks good for 40-50%
CMP : 268
SL : 240
ENGINERSIN | Beautiful cup & handle breakout ENGINERSIN | Beautiful cup & handle breakout
Very nice monthly breakout aswell.
CMP : 290
Sell opportunity today According to 15 m candlestick chart Price prediction or possibility.
1. Price countusly down side since open.
2. Relative Volume high indicate selling pressure.
3. Price below vwap .
4 risk reward ratio is good.
* my personal view for intraday good opportunity to sell Future or perpetual.
Long_India CementsLong India cements.
Currently Indiacements is trading around 300 and about to give nice breakout above 300.
Pros:- Stock has given good 💔 breakout after consolidation.
* Bullish candle close @ higher levels.
Happy Trading!! Only for educational purpose.
M_M @ ATHCurrently M&M trading @ ATH.
Pros:- Retracement with breakout @ 4 hour timeframe.
:- Stock @ Ath which gives nice bullish momentum.
:- Cheap premiums in options.
:-Target till 3,000/-.
:- Entry @ first week of July_2024 which gives Bett opportunity in options trading.
:- Auto sector reduced price in SUV'S and Ev vehicle's.
Con's:- Sideways momentum in stock.
Bullish Engulfing in bajaj holding 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
Metropolis Cmp 2038 Dark Cloud Cover @topMetropolis Cmp 2038 dated 5-7-2024
1. Dark Cloud Cover Candlestick @ top
2. RSI reversal
Sell below 2025 target 2000-1980-1940-1920 SL 2110
It is just a view, please trade at your own risk.
BASML : Swing Trade#BASML : #SwingTrade
>> TWS Recently
>> Inverse Head & Shoulder Pattern Visible
>> Trending setup
>> Good Strength & Volumes Buildup
>> Low Risk High Reward Trade
Swing Traders Book 10% and keep trailing
🚧 Only for Quick 8-10% , not to Hold Longer
🛑Fundamentally stock is not that Good, Stock Picked Purely on Technical Analysis....so can be a Risky Bet
Stock can show Quick 8-10-15% ka quick momentum then fall back
See Upside Potential is 18% so we can easily target 10%
PLATIND | Simple triangle breakout - Looks potential for 30%PLATIND | Simple triangle breakout - Looks potential for 30%
CMP : 226
SL : 200
IIFL Finance - Perfect recovery candidate!!!!IIFL Finance is a perfect recovery candidate. Out of accumulation phase, it has given breakout and showing bullishness. Moving towards 650+. Others factors:
1. Breakout with volumes from accumulation phase
2. Volumes are building up
3. RSI postive
4. MACD positive
5. 20EMA crossing 200EMA
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!!
Long_HFCLLong HFCL @ CMP.
Pros:- Previous resistance turns support.
* Continuation pattern @ Uptrend with Bullish pattern (Bullish flag).
* PM schemes which is attracting Housing stocks in INDIA.
* Stock @ ATH.
Cons:- Financial background of company.
Happy Trading!! Only for educational purpose.
Breakout with buildup_LupinCurrently Lupin trading @ ATH.
Pros:- Stock closed ATH.
* Stock consolidated Almost 150days in weekly Timeframe.
* 💔 Breakout with build-up in weekly Timeframe.
* Bullish candle close @ Weekly Timeframe about to happen in weekly Timeframe.
* 20 EMA Support in weekly Timeframe.
*
Cons:- Index @ ATH
* If index reverses from ATH, Hedging will help you out with better results.
Happy Trading!! Only for educational Purpose.
Nifty weekly expiry analysis for 04/07/2024.Nifty on the daily time frame has formed a doji after a good gap up opening.
Market is travelling on the upper side which is a good sign for the trader waiting for a shorting opportunities.
Today it remained in a range from the lower range of 24230 to upper range of 24300. If there is a flat to slight gap down opening, the market will opening this range and trader can be initiated once the levels are breached.
In case of a huge gap up opening, there are chance of profit booking or retesting the current resistance zone.
Major Resistance :- 24300-310
Support levels :- 24240, 24180
Tomorrow is the weekly expiry for the index and this week the expiries had decayed at a certain levels after initial hour movements.
The consolidation today is the good sign for intraday traders and a break down can be traded with more conviction.
Wait for the price action near the levels before entering the market.
Swing Trade @ Havells.Currently Havells trading @ Area of Value with potential buying of upside.
Stock closed positive with Bullish Engulfing candle @ support, which is giving good buying opportunity in options July _2024.
See chart for more Info.Happy trading!! Only for educational purpose 📄
ICICI Prudential 850 ?After forming a good corrective ABC pattern and forming a head and shoulder pattern ICICI Prudential are ready for long at current price.
I have mention the impulsive Elliot wave counts projection
