Balkrishna Inds, Medium Term BetBalkrishna Industries is a good company to invest in. It has a strong track record and is well-positioned for growth. Today's breakout is a positive sign
Candlestickpattern
RAMCOCEM | Triangle +200 EMA breakout - Looks potential for 40%RAMCOCEM | Triangle +200 EMA breakout - Looks potential for 40%
CMP : 777
SL : 720
Target : 950, 1100
Already shared from 720 level, now this is giving more conviction
4H BHARTIARTL - Long Position1. 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.
OFSS | Solid breakout - Looks potential for 20-40%OFSS | Solid breakout - Looks potential for 20-40%
CMP : 3420
SL : 3150
Target : 3900, 4500
1:3+ risk reward setup
BankNifty Future Analysis for Today 19th April 2023#BankNifty Future Analysis for #Today 19th April 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Zero Line (Previous Close): 42335.50
#IntradayLevels
#Bulls can be active above: 42435 For the Levels Above
R1 = 42543
R2 = 42690
R3 = 42817
#Bears can be active below: 42242 For the Levels Below
S1 = 42039
S2 = 41874
S3 = 41663
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
#NiftyFuture #StockMarketIndia #DailyIntradayLevels #TradeDiscipline
#15minchart #TechnicalAnalysis #TrendlineAnalysis #ChartAnalysis
8 new price lines candlestick pattern 1. It occurs in an uptrend.
2. The pattern is characterized by 8 candlesticks with higher highs.
3. Closed off the candle should be above the previous candle stick body
If this occurs, there are more chances that there will be a rise in Prices. If the Close is below the Top of the Real Body of the Previous Candle , there are more chances that there will be a fall in Prices.
Nifty Pharma- Three White Soldiers BULLISH REVERSAL!Attached: Nifty Pharma Index Weekly Chart as of 7th April 2023
With the Week gone by,
Price has formed the 'Three White Soldiers' Candlestick Pattern on the Weekly Chart
This has MAJOR IMPLICATIONS
(Note: the 'Three White Soldiers' is a Bullish Candlestick Pattern that is used to predict the Reversal of the current Downtrend in a pricing chart.)
What Does This Mean for Investors & Traders?
- Money is flowing back into the Pharma Sector and Stocks
- There is a Trend Change of the previous Bear Trend to start of a New Bull Trend
- In addition to the Candlestick Reversal Pattern, Price has also given a Trend Line Breakout (marked as Dotted Trend Line on Chart) which is another sign for a Trend Reversal
Hence,
Bulls are now chasing the Pharma Sector so if you want to make Money on the Long Side, this is the Sector to be in !
..........................
FYI: I have already shared a Bullish Stock Pick within the Pharma Sector in my Related Ideas below. Check it out to know more.
✻ BOTTOM FISHING PICK #4: JUBLFOOD ✻✻ Bottom Fishing Pick #4: JUBLFOOD ✻
📌 It’s important to build our own portfolio to create wealth. I have found some ❝exclusively original and unique patterns❞ which will help you to generate the assets. Here, I have posted one of my favourite 💕 chart patterns. Please check the description section for entry ✎ and target ₪ levels for given stock.
☆ Kindly like 💗 & share ➥ this pattern. Comment with what do you think. Follow me @ Tradingview for more updates!!!
☆ Please ✉ or ☏ me for any queries and to get free Telegram channel access for more interesting patterns ↝ and analysis.
📌 Buying Level:
Entry: ▲ 470
SL: ☢ 410
Target: ➚ 650/820/920
Thank you. Happy Trading!!!
Best Regards,
𝘿𝙧. 𝙎𝙝𝙖𝙢𝙧𝙖𝙟𝙖 𝙉𝙖𝙙𝙖𝙧
𝙋𝙝𝘿 𝙞𝙣 𝙏𝙚𝙘𝙝𝙣𝙤𝙡𝙤𝙜𝙮.
✬ Disclaimer ✬
--------------------------------------------------------
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs.
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Bank Nifty for Monday (27-03-2023)Dear All
I hope all of you are doing very well.
I am sharing my views on bank nifty for the Monday session and have given resistance/support. Given Resistance/Support maybe work (at least once) on weekly basis (for the coming week).
Pl. have a look.
Thank You :)
Happy Navratries :)
Bank Nifty for 23-03-2023Dear All
As per my understanding, I am sharing some Bank Nifty levels. It's only for learning purposes.
Keep Learning about the charts.
For the suggestions kindly tell me.
Thanking You.
Dow Jones Analysis - Short Position Opportunity at Resistance LeI would like to share my analysis on the Dow Jones stock. Currently, Dow is facing stress at the 32587 level which is acting as a resistance. Based on my analysis, I believe it is a good time to take a short position from here. I predict that Dow is moving towards the 29534 level.
Thank you for considering my analysis. Best of luck with your trading.
Shipping Corp of India SCI - Short term one can look for short term positional trade in SCI, the candle stick pattern look like mother & baby candles, where all the smaller red/green candles are within the Mother (green big candle) with very narrow range movement, the volumes of Mother candle are exceptional & that of the baby candle are very low, making it an ideal pattern...one can enter on BO above mother candles high or at CMP with a SL of Mother Green candle low. Disc : Invested for medium term from lower level, not a reco for Buy or sell but for study purpose. DYOR.
Nifty 50 RangeboundOn last thee trading sessions, Nifty50 shown fall of about 650 points. Last three candles of 15 minutes have shown strength. Market may move within range of 17100-300.
This is my personal opinion based on candle stick patterns.
Thank you very much.
Pudumjee PaperPudumjee Paper
Time frame - Weekly Time frame
Pattern Flag and Pole Pattern
Study - Long range breakout with good volume
Other things mentioned in chart
This chart is only for educational purpose, do your own research before taking any trade
KNRCON | Looks good for a short term 15% swingKNRCON | Looks good for a short term 15% swing (Based on daily time frame) - Weekly time frame shows even more room for rally.
CMP : 276
SL : 265
Target : 320
1:4 risk reward setup
RHI - Invertered Head and ShoulderRHI Magnesita is in uptrend forming Higher High and Higher Low in longer time frame.
Price has revered from important and Golden Ratio of Fibonacci - 50 and 61.8.
In shorter time frame it formed Inverted Head and shoulder chart pattern which indicate that price will continue their uptrend in shorter to mid term trend.
If price pierce the neckline above 645 then one can initiate a long position with SL 637 and Target of 740, 820 and 900.
NIFTY | Multiple support zones in 1H time frameNIFTY (1H time frame)| 200 EMA + RSI support + Trendline support
Nifty - Doji on daily time frameAs from the last three days nifty hasn't given a trending move and was in a tight range.
On the other hand, it has made a doji candle on a daily time frame.
So for Monday, our view will be for both sides because it can give us a trending move either upside or downside.
So if nifty breaks the previous day's high (PDH) i.e 17875 level our view will be bullish and our target will be first 17900 and second 17970.
If it breaks the previous day's low (PDL) i.e 17800 level our view will be bearish and our targets will be 17780 and 17760 levels.
Note - I'm not sebi registered, this is only for educational purposes. Do your own analysis first.
intraday sbin Flag and Pole patternavoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
BAJAJFINSV | Looks pleasant and potential for 25%BAJAJFINSV | Looks pleasant and potential for 25%
CMP : 1400 (Dip : 1300)
SL : 1200
Target : 1800
1:3 risk reward setup
Banknifty - Expiry As we have observed from the last four days closing was on the same level so we surely say that expiry day i.e tomorrow will be a trending day whether it will be upside or downside.
so our levels will be if it breaks upside the level of 41712(PDH also) we can easily get the target 42000 level, and if breaks the level of 41400(PDH) it will give us the target of 41300 and 41100.
