Ascending Triangle Pattern Formation and other thing to notice is that there is relatively less volumes in Red Candles which means Market is not showing much interest in Selling.
As we Know After a Falling Wedge Pattern Formation, Bullish Trend Continues. It Has Broken Above its Resistance Trend Line, Now We can Assume here that there are Higher Possibilities of this stock Continuing it's Uptrend.
Tata Elxsi giving early signs of short term reversal from bottom formation,adding here on dips till 6970-6900 support zone. Risk reward favourable. Keep an eye
Here i have not used any indicators & simply following price action. However its just a prediction. Thus the long term target comes out to be somewhat near between 400-450 from CMP. PS- This stock has been chosen for only an ideal case study. The stock may or may not perform as predicted or described.
ITC ltd is ready for next move. This stock has been in most of the portfolios. Company is looking to demerge its hotel business from consumer business, which is positive on the balance sheet. One of the leader in the industry. I am looking 600 target in next one 5-6 months. Potential 1000 target in next 2-3 years is intact. Buy in every dip. I have been holding...
Railway sector have shown some good strength on friday session (23-08-24). Will history repeat again. Bullish flag pattern breakout is awaited. Daily time frame look for closing above 600 level. Every consolidation breakout has given 30% rally minimum. Once breakout is done may show 30-40% upside. Do your own analysis before taking any trade Happy Trading
It sector is performing very well plus a bullish head and shoulder pattern formation in LTI mindtree
BNF CMP 50933 The current zone has a confluence and hence the halt and a small dip. Above 52560 the major resistance will come at 64500. Thats 24% from here , hence we will witness a huge rally in banking stocks above 52560.
Nas100 I see bullish trend, I can get swing trade, if it comes on this demand then I will take the trade, but it is important to get LTF confirmation
Medium-term pick - QUINT DIGITAL LIMITED, Reversal pattern for the weekly and up move starts. Entry should be @current level and stop-loss @ 85 and Target 113- 126 for the short term. will hold for the medium term
FINEORG - FINE ORGANIC IND. LTD. Trade Type - Short Term (4 month to 7 month) Trade Logic - Stage 2 breakout CMP - 5507.10 Time Frame - Weekly Target 1 : 6050 Target 2 : 6632 Target 3 : 7328 Target 4 : 8250 Stop : 4900 Risk/Reward Ratio (1: 4.3) Disclaimer: The stock information shared above is not a recommendation to buy, sell, or hold. It reflects my own...
#GUFICBIO trading above Resistance of 369 Next Resistance is at 496 Support is at 242 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....
#CAPACITE trading above Resistance of 358 Next Resistance is at 437 Support is at 253 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...
clear bullish divergence in RSI and MACD 600 to 650 could be a good accumulation zone stop loss of 540 final target of all time high 1900
#RML trading above Resistance of 1050 Next Resistance is at 1621 Support is at 696 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...
Natural gas counting according to Elliot wave IN my view soon the C wave is going to over & new uptrend is coming
btc has started uptrend but its in asupply area too once the supply area break full conformation of uptrend and it will take entry at B/B or ob wait till supply break