Price took resistance at 690 multiple times and currently trading at the same level if the that level Breakout we can see a good up side move.
Breakout from a descending channel. Overall it is moving in an ascending channel. I like the consolidation, I like the script.
PTC India Ltd: Symmetrical Triangle Pattern Breaks out through the upper trend line with huge volume 46% upside potential 32 Months long base. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading(:)
TRACXN - 5 weeks closing is almost in 1% range. Price near 50 SMA Entry - SL as per chart Profit booking will be partial at 15%, 25% and 30%. Since this is a new stock listed few months back, can hold for few months for 100% return but with trailing SL.
TRACXN - 5 weeks closing is almost in 1% range. Price near 50 SMA Entry - SL as per chart Profit booking will be partial at 15%, 25% and 30%. Since this is a new stock listed few months back, can hold for few months for 100% return but with trailing SL.
1. Support and Resistance Levels for the Next Trading Day: Daily Chart: Resistance is around 52,000 (close to the high of today's candle). This zone may act as an immediate hurdle if the price opens near this level. Support is near 51,500-51,600. If the price pulls back, this level could provide support based on previous price actions. 5-Minute Chart:...
Bank Nifty: Current View: Bank Nifty is following a similar trend. If the week starts on a positive note, the market may face resistance around the 52126 or 52249 levels. If this happens, we can expect a 23% to 38% correction in the minor swing. After that, if support is found around the 38% level, the rally is likely to continue, with potential targets of 52527...
Global Market Overview: In the previous week, the global market experienced a solid pullback; however, the structure still indicates a range-bound market. What about this week? Structurally, if the market breaks the previous high, we can expect a continuation of the rally. On the other hand, if the market faces rejection around the previous high, the range is...
here we almost goingtobrake the triangle. ETH coud go down if broken to 2000.
Date 15.09.2024 Gujarat Alkalies & Chemicals Sector : Chemicals About Company : Gujarat Alkalies and Chemicals Ltd is a multi-product chemical manufacturing company and is one of the leading manufacturers of Caustic Soda Lye. Its manufacturing facilities are located at Dahej and Vadodara in Gujarat Regards, Ankur
Bandhan Bank Ltd. is an interesting chart to keep on radar 1. Price formed base in its 6 month long consolidation 2. BAT pattern under formation on weekly chart 3. Narrowing Bollinger Bands on daily and weekly chart 4. Price getting ready to breakout of its consolidation and walk on upper Bollinger bands on daily chart 5. Minor resistance near 208-210...
LTIM: Cup and Handle Pattern Long Term Trade Analysis Entry @5900 (Candle Close) SL @5450 (Candle Close) Target @6350 Disclaimer: Study only for Educational Purpose. Remember: My Money, My Risk, My Reward, My Responsibility. Please Consult your SEBI registered Financial Advisor for any Financial Advice/ Decision.
Kabra Extrusiontechnik Ltd. is an interesting 6 month long consolidation breakout 1. RSI on all time frames above 60 2. Price Breakout with huge volume candles 3. Narrowing Bollinger Bands on both daily and weekly charts Will it sustain ? or Will it Fizzle out ? Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I...
Tata Communications Ltd. an interesting chart in consolidation to keep on radar 1. RSI on all time frames (D/W/M) above 60 2. Narrowing Bollinger Bands on Weekly chart 3. Price can breakout of 15 month's long consolidation 4. ABCD pattern under formation on weekly chart WILL IT CONTINUE TO CONSOLIDATE OR WILL IT BREAKOUT LETS SEE HOW IT EVOLVES....
Vedanta Ltd. an interesting consolidation to keep on radar 1. RSI on all time frames (Daily, Weekly, Monthly) above 60 2. Narrowing Bollinger Bands on Weekly charts 3. ABCD Pattern under formation in weekly chart 4. Major 20 Day / week SMA support at 425-440 zone A Breakout in making will it succeed or will it fizzle out Lets See How it...
The price broke and closed below the recent low and made a change of structure; As the price breaks low, we can expect another impulsive selling move, and every rise is a selling opportunity. The levels are marked on the chart.
Date : 15-09-2024 ------------------------------------- Breakout (PICK RESEARCH TO OBSERVE) PTC INDIA Looks Good Above 248 SL 163 Target 265, 281, 313++ Hold Period : Few Weeks to Months Reason for Pick : Breakout, Above 20, 50, 200 SMA Please consult your financial advisor before investing All research for educational purposes only.
Chart has formed Cup and handle pattern on daily time frame with crucial resistance at 360 which it has tested several times before it can go up if it manages to break this. Stock is trading at support of its 20 EMA and 100 EMA at 336. if it falls below this then next support will be at 319. RSI and MACD both are in bullish zone. Considering the above...