DEU40 | Europe (German Index) is ready to roar Flag setup in Daily time frame
MANINDS | Strong breakout with volume - Looks potential for 40% CMP : 105 (Dip : 100) SL : 90 Target : 135
1. Pin bar formed ant the round number. 2. The round number location is at support and resistance zone. 3. Fibonacci retracement occured at 61% and 50% level. 4. Overall Trend is down. 5. Take Profit and Stop Loss region correcctly mentioned on chart window.
A nice pinbar occurs at support level...ie on trendline..It will better moves up..So go for long option.
United Breweries Ltd Cmp 1446 dated 2-5-2023 1. Bearish Engulfing Candle after an uptrend. 2. Price down with Volume rise 3. RSI Reversal Sell Below 1435 target 1420-1400-1385 SL 1460 It is just a view, please trade at your own risk.
Dear All, So finally we had observed a very beautiful movement in Nifty on the day of weekly settlement. Wherein after 2 days, we had finally witnessed a closing of above 18200. For now, if Nifty successfully sustains above the level of 18200 on weekly closing basis then we are very positive for a new high in Nifty with the stop loss of 17800 in...
A shooting star occurs after an advance and indicates the price could start falling. The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open. Traders typically wait to see what the next candle (period) does following a shooting star ....
SBILIFE | Shall we aim for a quick 15% CMP : 1167 (Dip : 1150) SL : 1110 Target : 1300 1:3 risk reward setup
1. Bearish Engulfing Pattern formed at Support and Resistance Area which is price action pattern. 2. Fibonacci Retracement 61.80% level meets the pattern. 3. Trendline is far awy from the price. 4. Take Profit area is correctly calculated at 728.00 5. The current price will definitely reach that Take profit area clearly on my idea. Congrats...
1. Bearish Engulfing Pattern formed at Supply and Demand Zone. 2. Fib Retracement occurs perfectly at 50.0 Level. 3. EMA 365 and 150 acts as Support and Resistance at that zone. 4. Take Profit and Stop Loss levels perfectly mentioned with clear details on the Chart window.
Suryaroshni made morning star candle pattern and you can expect it to touch 740,780,800 in coming days.
M&MFIN | Trendline + Channel + Small flag breakout - Looks potential for 30% CMP : 190 (Dip : 185) SL : 170 Target : 240 1:3+ risk reward setup
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
As we can see NIFTY again started to show rejection around the given levels and we are expecting a good downfall from given levels till 17800 levels which will be seen as a healthy retracement hence we might see a sideways market till then hence until NIFTY breaches 18200 levels with proper sustainment we won’t be seeing any further upmove hence keep watching...
Dear All, So yesterday was another day of Consolidation where Nifty is somehow trading in between the levels of 18200 and 18000. Moreover, since today is the day of weekly settlement, so be cautious . For now, 18200 will work as a level of Resistance and 17800 will be our nearest support level. In the meanwhile, keep following the Cherry...
A shooting star occurs after an advance and indicates the price could start falling. The formation is bearish because the price tried to rise significantly during the day, but then the sellers took over and pushed the price back down toward the open. Traders typically wait to see what the next candle (period) does following a shooting star . If...
LT has given a breakout from rising wedge pattern. However, today's candle is an inverted hammer which might be a sign of reversal and hence, it is a wait and watch scenario. One can enter if there is a retest and continuation of uptrend from 2250-2300 levels
MCDOWELL_N | Channel breakout - Has good room for 10-20% CMP : 793 SL : 750 Target : 870, 940