Info edge. It looks like it will finish the rounding bottom. Targets are big. Please follow the analysis. will update time to time also. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can...
NHPC has been moving in a Parallel Channel from January. No green candle has closed above the upper trendline. There is also a Resistance Zone between 115-119. After testing the above resistance zone the price has been continuously falling to touch the Bottom Trendline. Yesterday a green candle has been formed signalling a trend reversal. A buy can be initiated...
Gland Pharma cmp 1800.45 by Weekly Chart views since listed - Support Zone at 1650 to 1700 Price Band - Weekly Support at 1650 > 1470 > 1190 with Resistance at 1975 > 2225 > 2445 - *Price below Rising Support Trendline might be a cause of concern to consider currently* - *Descending Triangle Breakout needs to sustain above Support Zone else probable breakdown*
Very good breakout in the reverse bullish flag pattern. Day candle with good volume too. Follow the target study in the chart. Looking very strong. Special diwali pick. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose...
Headquartered in Hyderabad, Telangana, Hariom Pipe Industries Limited is an integrated steel manufacturer with a stronghold in the South Indian market. It hasa diverse product portfolio consisting of Mild Steel (MS) Billets, Pipes and Tubes, Hot Rolled (HR) Coils, and Scaffolding Systems. Technically chart is forming CnH Pattern and retested the BO levl of 740....
Pattern: Double Bottom with Resistance Break Attempt Stock: Kajaria Ceramics Limited Timeframe: Weekly Status: Approaching Resistance Break with Rising Volume Pattern Characteristics: The stock has tested its resistance 3 times in the past but has failed to break above it. Double Bottom Formation: A bullish reversal pattern, indicating the stock has likely found...
SBFC: Incorporated in 2008, SBFC Finance Limited is a NBFC offering Secured MSME Loans and Loans against Gold. SBFC has been trading in a tight range between 81 to 87 levels for the past 4 months. Recently, it gave a strong breakout with good volume. 20 EMA has also crossed 50 EMA confirming the bullish trend. Resistance levels: 90, 94, 98, Support levels: 85, 83...
NALCO a PSU CMP 184 retested the 170 zone after touching 206.Seems ready to touch the earlier high and break the ATH levels. Can be held for long term and add more if comes back to 165-170 levels. Please check with ur financial adviser before investing.
Pattern: Long-Term Trendline Break Stock: Kotak Mahindra Bank Timeframe: Weekly Status: Trendline broken with volume confirmation Pattern Characteristics: The stock has tested the long-term trendline 5 times in the past, failing to break through. Finally, it has broken above the trendline with a significant spike in volume, indicating a strong momentum...
Hindalco showing a good CnH pattern and accumulation in the range of 640-710. Seems ready for good upside if crosses abv 710 with tgt of 810/890 Metal stocks can show good upside after rate cut and China economy stabilising.
Pattern: Falling Wedge Stock: MRF Timeframe: Daily Status: Pattern yet to break Pattern Characteristics: A falling wedge occurs when the price is making lower highs and lower lows, but the distance between the lows and highs is narrowing. This indicates that bearish momentum is weakening, and a potential breakout to the upside could occur. Key Observations:...
EUR/USD is "hovering" around 1.11636, with a significant "barrier" at 1.11826 and a key "support" at 1.11034. The widening Bollinger Bands signal that a wave of volatility could strike at any moment. RSI is at 59.09, indicating strong buying pressure, but still has room before entering overbought territory. If EUR/USD breaks past 1.11826, it could continue its...
ITDCEM 562 Good Weekly Breakout level Study and buy only for Education purpose
Hey everyone! 🌟 It looks like Meta has successfully completed a rounding bottom pattern as of January 2024 and is currently forming a bullish flag pattern with some strong volume. They’ve just had a clean breakout, which is exciting! The target from the rounding bottom or cup pattern is around 702, with support at 515, especially since the current market price...
CRYPTOCAP:ETH Chart Update Next Target: $5500-$6000 Best Accumulation Zone: $2500-$2100 Long Term Target: $8000-$10,000 #Ethereum bounced strongly from the $2100 level (channel support), and with the next resistance at $5500-$6000, I’m expecting the next stop for #ETH to be $6000
ARNOLD 59 is Good Weekly Breakout level Study and buy only for education purpose
nifty forming weekly flag very bulish sign can do bull call spread or go naked on any retracement with support of 26000 psycological number hold till rsi 88in dtf or weekly tf
54000 and 53000 are psycologycal numbe if open between this range it will be non trading zone is open above 54000 and takes support with proper retracement then 55800 will be next target in few days, you can go bull call spreads or or naked till rsi sustained above 70 in monthly time frame and daily, exit position if rsi reached 82.. no shorts for now