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Candlestick Analysis

PPLPHARMA STRONG BULLISH CANDLEPiramal Pharma Ltd Strong Bulish candle formation after QTR Result of company good QTR result and breakout found on chart good levels for entry after a pullback or INTRADAY continuation trade with strict Stop Loss **Disclaimer:** This information is for educational purposes only and does not constitute financial advice or a recommendation to buy or sell any securities. Always do your own research and consult with a financial advisor before making investment decisions.
NSE:PPLPHARMALong
by rajatbhawra
1
Tirupati Sarjan Ltd#stocks #investing #swing #trading #technical #RSI #candlesticks Key Points: 1. Support at ₹15-16: The stock has shown strong support at this level, as evidenced by multiple bounces. This suggests that buyers are stepping in at this zone, making it a crucial level to watch. 2. RSI Crossover with 14 EMA: The crossover of RSI above the 14-day EMA is a bullish signal, indicating increasing momentum. If the RSI continues to rise, it could suggest further upside potential. 3. Weekly Hammer Pattern: The hammer candlestick pattern on the weekly chart is often a bullish pattern, especially forming at support levels. It signifies that buyers are rejecting lower prices, which could lead to further price appreciation. 4. Resistance at ₹20-21: The resistance zone around ₹20-21 is an important hurdle. If the stock breaks through this resistance with volume, it could signal a breakout and lead to higher levels. 5. Stop-Loss: If the stock breaks below ₹15, it could invalidate the bullish outlook, and further downside may follow. Hence, view will be neglected if price breaks below ₹15. Strategy: • Bullish Bias: As long as the stock holds above ₹15, the technical indicators suggest a bullish view, with potential upside towards the ₹20-21 resistance zone. • Breakout Watch: A close above ₹21 could trigger further bullish momentum, opening the door for higher targets. • Risk Management: Set a stop-loss below ₹15 to protect against potential downside in case the support breaks. NOTE: This is a risky trade/analysis considering it’s a penny stock. Penny stocks can be highly volatile, illiquid, and subject to significant price fluctuations. Do your own due diligence and assess your risk tolerance before investing.
BSE:TIRSARJLong
by karan_bagri
BTC Trade Update : "BTC Rocket Ride: 669 Points Gained, Target i"BTC's price action has come close to hitting the first target. So far, the trade has delivered 669 points, showing strong momentum towards our anticipated levels. With price testing key support zones and facing resistance near 63,462, there's still potential for further movement. Keep an eye on the next levels for a possible continuation or pullback, as the 61,602 zone below could offer critical support if the momentum shifts."
CRYPTO:BTCUSD
by XTrap_000