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Candlestick Analysis

PARACABLES Trendline breakoutPARACABLES (CMP 85) is breaking out of trendline on weekly chart, Pretty decent volume in last couple of weeks.. RSI moved above 55, DMI are expanding on weekly chart with PDMI moving above 25. If it is closes above 87 by weekly closing tomorrow then looking good to go long with support below 69 DCB... P.S. I am not SEBI registered analyst, This post is for educational purpose only.. DYOR or consult your financial advisor before taking any action on this post...
NSE:PARACABLESLong
by Abhi_Katkar
HFCL : Breakout Stock#hfcl #swingtrade #vcppattern #threewhitesoldier #trendingstock #Fairvaluegap HFCL : Breakout Stock >> Vcp pattern visible >> Higher Low formation seen >> Demand ⬆️ Supply 🔻 >> Good Strength & Volume buildup >> Bounced back from FVG area >> Moving Average Trending setup I m expecting a minimum 20% move in a short span of time. Swing Traders can lock 10% profit & keep trailing Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:HFCLLong
by moneyfesttrading
BIG FALL coming up if NIFTY opens FLAT/NEGATIVE!!As we had been witnessing since last year that every minor dip was bought and recovered almost very fast but it’s been first time after the strong rally NIFTY isn’t showing any signs of rejection at its support making it weak. Hence any weak to flat opening could lead NIFTY to fall for another 1000++ points in coming trading sessions but if opens strong then we may see another sideways to gap filling market so plan your trades accordingly.
NSE:NIFTY
by Wealthcam
FinNifty analysis for weekly expiry 06/08/2024.Finnifty on the daily chart has given a nice fall of 600 points after a gap down opening. The index has taken support from 38.2% levels and retested the previous support zone (now acting as resistance zone during the closing hour). If there is a gap down opening below today's low, wait for market to recover and tilt again for the entry. In case of a gap up opening, chance of a sideways/ halt markets are more and option premiums may decay. Option premiums are high as the vix has climbed upto 20 levels gaining 42%. The market are looking bearish and if it wait to recover it has to create a base or take a halt before recover. Sell on rise is the market for now. Major support levels :- 23630, 23540, 23430 Resistance :- 23835, 23000 Wait for the price action near the levels before entering the markets.
NSE:CNXFINANCE
by TheMamboMomentum
Longterm Opportunity on Blue DartGo Long @ 6195.1.1 for Targets of 7060, 7550, and 8040 with SL 5700 Reasons to go Long : 1. On a Monthly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.5 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Hammer (marked with orange color) is formed around the 0.5 Fibonacci level. 3. Also there is a strong demand zone (marked with green color), from which the stock is taking support and moving up. 4. Also on a weekly timeframe stock has formed a double bottom (W) pattern.
NSE:BLUEDARTLong
by Nimish_Ghagare
Positional or Longterm Opportunity in SRFGo Long @ 2317.05 for Targets of 2456.45, 2595.85, and 2735.25 with SL 2177.65 Reasons to go Long : 1. In addition to this a bullish candlestick pattern Bullish Hammer (marked with orange color) is formed around the the Trendline. 2. Also, the stock is taking support from the Trendline (marked with green color). 3. In addition to this there is a strong support zone (marked with purple color), from which the stock is taking support and moving up.
NSE:SRFLong
by Nimish_Ghagare
LONG POSITIONAL WEEKLY TF ANALYSIS As we can observe the chart on weekly and daily TF it is making a good CUP AND HANDLE pattern. And we can see stock has retested the level of 600, if price sustain then below 610 is a good area to plan a LONG. As I have marked the levels 818 can be the TGT, and we can see kind of resistance at 775 , 575 should be support zone. I am sharing my POV with you guys, you can study the chart by your own. Keep observing, any news related to sector can play a huge role. PS: THIS IS JUST FYI AND NOT A BUY/SELL RECOMMENDATION. Happy Trading.
NSE:THYROCARELong
by Anurag_Singh_0507
Positional or Longterm Opportunity in SyngeneGo Long @ 697.1.1 for Targets of 758.05, 819, and 879.95 with SL 636.15 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Hammer (marked with orange color) is formed around the 0.618 Fibonacci level. 3. Also the stock had given Trendline (marked with green color) breakout & retested and took support from it. 4. In addition to this there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
NSE:SYNGENELong
by Nimish_Ghagare
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