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Candlestick Analysis

WHEELS | Simple trendline breakout - Potential for 70-80%WHEELS | Simple trendline breakout - Looks potential for 70-80% CMP : 796 SL : 650 Target : 1400 The previous post was deleted by tradingview moderator, as i had mentioned the same description above. It is a simple breakout. Its my style of simple analyze. There is nothing to write beyond this, i'm just posting all this charts to create a respository. I dont have any hidden agenda like creating courses or selling indicators. But this website looks like promoting only those authors.
NSE:WHEELS
by srikartiram
FIN NIFTY - TRENDLINE RESISTANCEFIN NIFTY is facing trendline resistance at 4hr chart. It is at Lower Trendline support and made a Hammer Candle under 50ema. Breakout with a strong green candle may give a good upside move. It has been moving between an ascending channel at daily time frame since January 2024. Earlier it gave breakout on 25june but started coming down from 23rd July - Budget Day, also impact of global market fall. LEARNING : Less is More! Identification of right support and resistance levels are important and you learn that with Price Action. 50ema is a really good indicator to understand the trend. Price always goes up when it crosses the 50ema. Formation of Hammer candle at lower trendline or support area is a bullish sign. Keep your charts clean, learn price action to understand the charts. Always remember that a negative news can change the direction of market. *For learning and educational purposes, not an advice.
NSE:CNXFINANCE
by SatpalS
Banknifty weekly expiry analysis for 14/08/2024.Banknifty has closed below the 50k mark and is looking bearish on the daily charts. It is trading around the 100 ema on daily time frame, which shows some bearishness in the markets. If the market starts trading below today's low, there are chances of it testing the recent low around 49650. MA strategy and the price action both are signifying some bearish movement in the market. Hourly charts are trading below the moving averages. A bearish market will be confirmed if the market starts breaching the support levels, after a flat or slight gap up opneing. If there is a follow through candle in the market, there are chance of testing 49k levels soon. Major support levels :- 49670, 49400 Resistance levels :- 50000, 50250 Tomorrow is expiry and vix is around 16 which is good for option buyers Wait for the price action near the levels before entering the trade.
NSE:BANKNIFTY
by TheMamboMomentum
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