Get started

Chartanalysis

LALPATHLAB |Upcoming Trade set up|Hey Family, there is a one more stock Which is showing a great opportunity. Key Points:- * Formation of Rectangular box Pattern in Daily TF. * From Aug 2024 to 3 Oct 2024 its in range. * From Aug 2024 to 3 Oct 2024 Tested & Moving Resistance Many times. * It's Break resistance Zone and trying to Sustain Above Resistance Zone with good volume. * Volume Accumulation (Volume is Rising). What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:LALPATHLABLong
by ChartSight
1
National Aluminium Company Limited - Breakout Setup, Move is ON.#NATIONALUM trading above Resistance of 216 Next Resistance is at 331 Support is at 142 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:NATIONALUMLong
by MandeepSinghKohli
RPG Life Sciences - Breakout Setup, Move is ON...#RPGLIFE trading above Resistance of 2528 Next Resistance is at 3257 Support is at 1832 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:RPGLIFELong
by MandeepSinghKohli
RPG Life Sciences - Breakout Setup, Move is ON...#RPGLIFE trading above Resistance of 1832 Next Resistance is at 2528 Support is at 1365 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:RPGLIFELong
by MandeepSinghKohli
Gold: “Bullish Pennant” lures XAUUSD buyers on US NFP DayGold prices are starting to rise, reducing weekly losses on the first positive day in three. This reflects a market shift toward the traditional safe-haven asset as investors remain cautious ahead of the US employment report for September, particularly the Nonfarm Payrolls (NFP) data. Buyers remain in control Even though gold has lacked momentum over the past two weeks, it is holding above the late September breakout from a four-month trend line resistance, which now acts as support. The XAUUSD also forms a “Bullish Pennant” pattern, attracting buyers. The rising RSI (14) indicates strength, but the sluggish MACD and pre-NFP jitters are holding back immediate movement in the precious metal. Key technical levels to watch Gold's immediate focus is on the bullish pennant's resistance line, currently near $2,665, which poses a challenge for intraday buyers. Above that, the recent all-time high of $2,685 and the $2,700 mark will attract bulls. If gold trades successfully above $2,700, it could target around $2,735, which is the theoretical goal of the pennant. On the downside, support levels are set at $2,638 and $2,635, thanks to the pennant's bottom line and a long-term resistance-turned-support. Further down, an upward-sloping support line from early August and the 200-SMA will provide additional support for XAUUSD near $2,580 and $2,560, respectively. Gold bulls can overlook pullbacks Although US employment data may pose challenges for gold buyers, several strong support levels make it tough for sellers to regain control. This suggests that bulls can stay confident, even if prices experience a pullback—unless there’s a significant drop below the 200-SMA.
OANDA:XAUUSD
by MTradingGlobal
USDJPY: Recovery remains elusive below 146.30On Tuesday morning, USDJPY gained momentum, continuing its recovery from a support level that had been holding for two months. It’s getting closer to the 200-Exponential Moving Average (EMA) while still within a bearish trend that started in early August. This rise reflects the US Dollar's bounce after Fed Chair Jerome Powell eased expectations for two more 0.50% rate cuts from the Federal Reserve in 2024. However, traders look forward to upcoming US employment data and Japanese reports to see how the market will move. Bulls flex muscles for a long road ahead… In addition to bouncing off the two-month support zone, an upward trend in the RSI (14) and a potential bullish crossover on the MACD are boosting the USDJPY's rise toward the key EMA. However, the ongoing bearish trend channel and differing monetary policies between the Bank of Japan (BoJ) and the US Federal Reserve (Fed) could create challenges for the bulls. Key technical levels to watch… In the short term, the 200-EMA around 144.75 and the upper line of the bearish channel near 146.30 are significant hurdles for USDJPY buyers. If they push past these levels, the pair could rise toward the mid-August high around 149.40 and possibly hit the 150.00 mark. It's important to note that the 152.00 level seems to be the last stronghold for Yen sellers. On the flip side, the horizontal support area between 141.75 and 141.65 offers some stability for USDJPY in the short term, protecting it from a drop toward the monthly low and the bottom of the bearish channel near 139.55 and 138.75. If the pair breaks below 138.75, the mid-2023 low of around 137.20 may serve as the final defense for buyers. The road toward the north appears long and bumpy While technical indicators hint at a potential recovery for USDJPY, the underlying fundamentals pose challenges for a sustained bullish move. Buyers should be cautious before making large investments.
by MTradingGlobal
Bitcoin: BTCUSD tests 7-Week uptrend as September wraps upAfter three weeks of gains, Bitcoin (BTCUSD) kicks off the NFP week on a down note. It’s testing the 50-SMA support and approaching the lower end of its seven-week uptrend. Along with the US employment report for September, including the key Nonfarm Payrolls (NFP), Monday's speech by Federal Reserve Chairman Jerome Powell will be crucial for market watchers. Stay tuned! Buyers are struggling to gain traction, while sellers are still holding back Whether it's pre-event nerves or month-end consolidation, Bitcoin buyers are struggling to gain market acceptance as the key week begins. Bearish MACD signals and the price's inability to hold above the 61.8% Fibonacci retracement from July to August are tempting short-term sellers. However, a quick drop in the RSI (14) and strong support levels below make it tough for bears to regain control. Technical levels to watch In the short term, the bottom of the bullish channel around $64,050 is a key support level for potential sellers. Below that, the 200-SMA near the $60,000 mark acts as the last line of defense for buyers. If Bitcoin (BTCUSD) falls below $60,000, a gradual decline toward the monthly low around $52,500 could be on the horizon. For a rebound, Bitcoin needs to break past the 61.8% Fibonacci retracement level at about $65,650. If successful, the monthly high of $66,500 and the upper boundary of the bullish channel around $68,900 will attract buyers. If Bitcoin moves past $68,900, it could quickly surpass $70,000 and aim for the yearly high of around $73,800 set in March. Pullback in prices expected Looking ahead, a potential bounce in the US Dollar and some price consolidation could lead to a pullback in BTCUSD. However, the overall bullish trend is likely to continue.
BITSTAMP:BTCUSD
by MTradingGlobal
International Conveyors LtdInternational Conveyors Ltd Incorporated in 1973, International Conveyors Limited (ICL) is engaged in the manufacturing and marketing of solid woven PVC covered conveyor belts. These belts are fire retardant, antistatic and are mainly used in underground mines for transportation of minerals such as Coal & Potash . FUNDAMENALS: Market Cap₹ 651 Cr. Current Price₹ 103 ROCE 23.8 % ROE23.8 % Debt to equity0.46 EPS₹ 12.6 Promoter holding 68.6 % Quick ratio 0.90 Current ratio1.08 Profit Var 3Yrs 51.7 % Sales growth 3Years-7.51 % TECHNICALS: RSI POSITIVE AND ENTER IN MOMENTUM ZONE. LONG TERM BULLISH PATTERN
NSE:INTLCONVLong
by Momentuminvesting5540
4
TARC Ltd (Anant Raj Global Ltd) - Breakout Setup, Move is ON...#TARC trading above Resistance of 251 Next Resistance is at 351 Support is at 168 Here is previous chart: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:TARCLong
by MandeepSinghKohli
2
S H Kelkar And Company Ltd - Breakout Setup, Move is ON...#SHK trading above Resistance of 295 Next Resistance is at 362 Support is at 205 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:SHKLong
by MandeepSinghKohli
Shriram Finance Ltd - Breakout Setup, Move is ON...#SHRIRAMFIN trading above Resistance of 3562 Next Resistance is at 4760 Support is at 2635 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:SHRIRAMFINLong
by MandeepSinghKohli
Bajaj Auto Ltd - Breakout Setup, Move is ON...#BAJAJ_AUTO trading above Resistance of 12530 Next Resistance is at 13976 Support is at 10789 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:BAJAJ_AUTOLong
by MandeepSinghKohli
Mahindra & Mahindra - Breakout Setup, Move is ON...#M_M trading above Resistance of 2948 Next Resistance is at 3514 Support is at 2567 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:M&MLong
by MandeepSinghKohli
1
Bajaj Auto Ltd - Breakout Setup, Move is ON...#BAJAJ_AUTO trading above Resistance of 10789 Next Resistance is at 12530 Support is at 9240 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:BAJAJ_AUTOLong
by MandeepSinghKohli
Mahindra & Mahindra - Breakout Setup, Move is ON...#M_M trading above Resistance of 2202 Next Resistance is at 2948 Support is at 1453.80 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
NSE:M&MLong
by MandeepSinghKohli
Gold approaches key upside hurdle ahead of US PCE InflationAfter hitting an all-time high, gold prices are losing momentum as buyers await the US September Core PCE Price Index, the Fed's favorite measure of inflation. Bulls may slow down, but are still in the game On Thursday, FOMC Chair Jerome Powell's reluctance to discuss monetary policy joined the market’s dovish bets on the US central bank to propel the Gold price, especially amid the rush for a haven amid uncertain markets. Technically, the bullish MACD signals add strength to the upside bias for the precious metal. However, the overbought RSI (14) and nearness to an upward-sloping resistance line from December 2023, close to $2,695 at the latest, challenge the bullion’s further advances. Technical levels to watch With the overbought RSI indicating a $2,695 hurdle for gold buyers, the $2,700 level serves as an additional barrier to monitor for better trading opportunities. Beyond that, a potential surge toward the 100% Fibonacci Extension (FE) of February-June moves, near $2,757, can’t be ruled out. Gold sellers should watch for a clear break below the four-month resistance line at $2,620. If this occurs, the 61.8% and 50% Fibonacci Extension levels around $2,578 and $2,522 could draw in bears. Key targets below $2,522 include $2,467 and $2,399. That said, a break below the convergence of the 200-SMA and a year-long support line at $2,288 could signal a trend change for traders. What next? A positive surprise from the US Core PCE Price Index could spark the anticipated pullback in gold prices. However, the dovish Fed stance and strong technical support may prevent XAUUSD bears from gaining control.
OANDA:XAUUSD
by MTradingGlobal
Gokul Agro-Volume breakout of ATHGokul agro has tested level of 150 multiple times in last couple of years. Stock has managed to break the level now with heavy volumes. Stock can be accumulated for big returns in future, more than 2x. Stock is available at decent valuations currently. However, stock comes under high risk category so safe investors should stay away. However, such breakouts normally bring explosive move in small cap stocks, given broader markets are supportive. Keep in watchlist for educational purposes.
NSE:GOKULAGROLong
by chartistamey
USDJPY: Bears have strong reasons to regain controlAs Yen traders return from a long weekend, the USDJPY is testing its recent dip from a five-week-old downward resistance line, influenced by a rebound in the US Dollar. It’s worth noting that the quote’s recovery in the last week benefited from positive signals from the RSI and MACD indicators, bouncing back from a nine-month horizontal support zone. Sellers keep the reins While USDJPY buyers are making their presence felt, a bearish RSI divergence and a moving average crossover, combined with the resistance line, keep sellers optimistic about potential downward moves. The 100-day Exponential Moving Average (EMA) has crossed below the 200-EMA, signaling a bearish trend. Additionally, the higher high on the indicator contrasts with the lower high in prices, reinforcing the bearish RSI divergence. Key technical levels to watch Sellers will gain confidence if USDJPY breaks below a seven-week horizontal support area around 141.70-80. However, the lows from December 2023 and September 2024 pose a challenge for bears at 140.20-139.60. If the pair drops below 139.60, it could test the mid-2023 low near 137.30. On the flip side, buyers will initially target the falling resistance line around 144.25. If successful, they may then aim for the monthly high and late August peak near 147.20 and 149.40, respectively. Additionally, the 150.00 level acts as an important barrier for any upward movement. Bulls face more challenges than bears Whether through technical signals or the differing monetary policies of the Bank of Japan (BoJ) and the US Federal Reserve (Fed), USDJPY sellers face a relatively smoother journey compared to buyers.
by MTradingGlobal