NMDC STEEL (1W TF) - Swing Trade Analysis given on 21st Jan, 2024 Pattern: ASCENDING TRIANGLE - Volume Spike at Resistance - Done ✓ - Breakout - In Progress - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #NMDC
Atul is one of the major stock of chemical sector which has been correcting since past many months. We have seen a reversal in chemical stocks and similar reversal pattern is visible in Atul as well. A clear flag breakout in weekly TF is visible. Confirmation is above 7600 Stock can even touch ATH if the rally continues for an year. Keep this in watchlist.
Tanla has given cup and handle breakout and is sustaining the breakout. We can see good move in stock post closing above 1270 High growth IT stock, decent fundamentals and has given multibagger returns since 2020. Risky investors shouldn't miss this breakout. Stock can test ATH levels if IT sector remains positive.
As per our planning and analysis banknifty was trade in a channel pattern and today opening was interesting as market open in a high gap up, as per technical level market should fill the gap and also happening with break the support of the channel and once again come back in channel after that as we can see all its a good downtrend start both nifty and...
HINDALCO (1W TF) Trade Analysis given on 27th November, 2023 (Monday) Pattern: ASCENDING TRIANGLE - Neckline Resistance Breakout - Done ✓ - Retracement + Consolidation - In Progress - Volume Spike - In Progress #stocks #swingtrade #priceaction #traderyte #hindalco
#SALASAR trading above Resistance of 98 Next Resistance is at 138 Support is at 80 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...
NBCC (1D TF) Swing Trade Analysis given on 30th November, 2023 (Friday) Pattern: DOUBLE BOTTOM - Neckline Breakout - Done ✓ - Retracement + Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #nbcc
#MANGCHEFER trading above Resistance of 134 Next Resistance is at 208 Support is at 89 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....
MMTC is a company which has one of the worst fundamentals among all PSUs News of company being scrapped were in market couple of months ago. Only investors with high risk appetite and disposable money should be interested in this stock. Technically, a monthly closing above 70 will be confirmation for huge breakout. Previous attempt failed but now we have only 3...
#SJVN trading above Resistance of 100 Next Resistance is at 114 Support is at 76 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...
#EIHOTEL trading above Resistance of 210 Next Resistance is at 294 Support is at 160 Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. 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...
#TRIL trading above Resistance of 251 Next Resistance is at 345 Support is at 185 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...
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...
Hello traders! Today’s spotlight is on NSE:BHEL stock, which recently surged but is now flashing a reversal candle pattern. Here’s a quick rundown: Rapid Ascension: BHEL experienced a swift climb, catching the market’s attention. Reversal Indicators: A reversal candle pattern has emerged, suggesting a potential shift in the stock’s trajectory. Chart...
With the US Dollar’s failure to cheer upbeat PMI details, the EURUSD pair managed to rebound from an upward-sloping support line from early November, especially when the activity data from Germany and the Eurozone came in positive. The recovery moves, however, failed to cross the 50-SMA hurdle on a daily closing basis and tease sellers ahead of the all-important...
Mtnl Flag and Pole pattern breakout can look for positional above 32.35 for tp of 39-40 risk reward ration will be 1.34
Nazara is a company which develops gaming software. Stock has given good volume breakout from a strong resistance zone. Immediate resistance is 1000 above which stock will fly. As i said, keep this stock in your nazar(watchlist) Risky traders can enter as per my levels for better risk reward. Do follow me if you like my analysis!
RIIL has given a trendline breakout and is looking good for short term target of 1250. Try to buy at lower price, around 1025-1050 for good risk reward. SL should be below 970 DCB. If the stock manages to give a weekly closing above 1300, we can see 1500+ levels in the stock. Idea shared for educational purposes only