Bullish reversal in #RelianceThere is a formation of Bullish Head and Shoulders pattern on the daily chart of Reliance. The left shoulder and the head are already formed. The right shoulder is also half complete. There are good chances that the shoulder will complete.
The neckline is at 1320 which is around 100 Rs far from CMP of 1225.
#reliance #bullish
Chart Patterns
BUY TODAY SELL TOMORROW for 5% By Kapil-MittalDON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Consolidation Breakout in ADFFOODS
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5% By Kapil-MittalDON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in WABAG
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5% By Kapil-MittalDON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in CREST
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5% By Kapil-MittalDON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in SRHHYPOLTD
BUY TODAY SELL TOMORROW for 5%
BUY TODAY SELL TOMORROW for 5% By Kapil-MittalDON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Consolidation Breakout in HCL_INSYS
BUY TODAY SELL TOMORROW for 5%
Gold trend 17/2 - Ready to short?Gold prices continue to fluctuate near record highs. Early last week, the market was again driven by uncertainty over Trump's tariff policy, hitting a new high of 2942. It was pushed toward 2863 by stronger-than-expected US inflation data on Wednesday, but the price rebounded quickly to 2940 before the U.S. session on Friday. As the peace talks began between Russia and the US, the geopolitical situation eased, profit taking/short-selling hit the market where the gold prices closed below 2900 near 2880.
The gold market will still be under the influence of Trump's new economic policy this week. However, unless a more aggressive policy is introduced, the market is starting to adapt to the current market condition after nearly four weeks of news turmoil. With the prospect of a truce between Russia and Ukraine, it should be difficult for gold prices to hit a new high in the short term.
1-hr chart(above) > Monday is a U.S. holiday, the price should be bounded by the range of 2780-2910 (1). Later this week, a wider range can be expected between 2865-and 2942, and wait for the breakout before the next round of major trends.
Daily chart(above) > The 10-day moving average (3) dip-buying strategy mentioned last week is still valid. Note that last Friday's sharp one-day pullback reflects the bear is starting to take control of the market, and it is important to be careful of a significant correction in the market this week. The breakout of the 10 days MA(3) will be the start of a bearish trend on the daily chart.
P.To
Identical patterns in Godfrey Phillips and Swan EnergyI showcase two identical patterns in Godfrey Phillips and Swan Energy in this video. I had previously traded Swan Energy, and because I journal my trades, I remembered its price action when I spotted the same setup in Godfrey Phillips.
This is the power of journaling! By maintaining a trading journal, you track your profits and losses and improve your ability to recognize repeating patterns and backtest data effectively.
Do you maintain a trading journal? Let me know in the comments!
Day candle analysisThis is just my analysis for ongc accordingly to supply demand your analysis can be different don't take buy or sell from my analysis it's just for education purposes.
Well according to my analysis it have to first make a trap for seller and then move upward, find your own reversal candlestick pattern
I will wait for strong hammer before buying
BUY TODAY SELL TOMORROW for 5% By Kapil-MittalDON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Trendline Breakout in NITIRAJ
BUY TODAY SELL TOMORROW for 5%
XAUUSD GOLD Analysis on(16/02/2025)#XAUUSD UPDATEDE
Current price - 2882
If price stay above 2864, then next target 2905,2925 and above that 2830
Plan;If price break 2880-2875 area, and stay above 2880,we will place buy order in gold with target of 2905 and 2925 & stop loss should be placed at 2865
Plan2;If price break 2905-2910 area,and stay below 2900,we will place sell order in gold with target of 2880 and 2860 & stop loss should be placed at 2930
This is just my analysis accordingly to supply demandThis is just my analysis for accordingly to supply demand your analysis can be different don't take buy or sell from my analysis it's just for education purposes.
Well according to my analysis it have to first make a trap for seller and move upward. So be patience and wait for opportunity, reversal can also happen from 50% of breakout supply so it's yours duty to identify the reversals with your candle sticks pattern.
But for my analysis I will wait for a strong hammer before buying
NSE IOC – Approaching a Key Demand ZoneTimeframe: Daily
After reaching a high of 196.8, the price has declined by over 39% in 13 weeks. It is currently trading below the 50/100 EMA band, with ATR at 3.68 and ADX at 26.02 . According to the Elliott Wave projection, the peak of 196.80 can be identified as a wave ((3)). The security is currently undergoing the formation of a corrective wave (4).
Wave (B) formed at 185.97 , while wave 4 of wave (C) was completed at 145.10 . NSE IOC is now setting up for the final wave 5 of wave (C).
Two key Fibonacci relationships help estimate the end of the correction:
1.618 Fibonacci extension of wave (A) at 106.54 (for wave C)
0.618 Fibonacci extension of wave 1 at 115.52 (for wave 5)
The price is expected to settle between 115 and 105 , which serves as a key demand zone for buyers. If the price breaks out and sustains above 129.75, traders can target the following levels: 139 – 156 – 172+.
we will update further information soon.
GLAXO (Breakout Stock)GlaxoSmithKline Pharmaceuticals Ltd. is showing strong technical momentum and is trading near a breakout level. Investors may keep this stock on their watchlist for potential movement.
Disclaimer: This is purely for informational purposes and not a recommendation to buy or sell. Investors are advised to conduct their own research and risk assessment before making any investment decisions, as stock markets are subject to volatility and risks.
NSE GLAND: A Critical Resistance Zone That Could Shift the TrendTimeframe: Daily
In NSE GLAND, the price has respected the channel in three distinct moves, indicating a potential 3-wave correction setup. Currently, it is trading below the 50 and 100 EMA, with ATR at 55.96 and ADX at 42.07 .
After reaching a high of 2220 , the price declined and formed a corrective structure. Wave (A) completed at 1585.7 , followed by wave (B) at 1964 . Presently, wave 4 of wave (C) is in formation. The 1545-1585 zone serves as a strong resistance, where a decisive breakout could shift the trend. However, the price still needs to reach 1328 to complete a 100% extension of wave A, making wave C = wave A at 1328 . A strong throw-under could enhance the probability of revisiting levels near wave (B).
We will update further information soon.
LONG INFO EDGE PositionalBuy Near 3682 For the 1st Target of 7462 2nd Target 11000, 104% Return,
Note: this is only for educational purposes Please don't Try Intraday Or Margin Trading. If You want to try Only Trade in Delivery ( CNC ) Keep Some Patience, Wait for the target. Thank You.
Low Maded 55% Last Time in Crona TIme Its Maded 49%
Coromandel International - A clear winner Even in the current scenario, Stock has got all the strength it needed
Currently stock is following Diagonal support Resistance pattern as can be seen from the chart
Possible change of directions can be seen on the charts
Lower time frame compulsion will be necessary as the volatility is at its peak
Still if it holds the current area of 1710 - 1680 it has an easy chance of making new highs in coming days
GBPUSD MULTI TIME FRAME ANALYSISHello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
🧠💡 Share your unique analysis, thoughts, and ideas in the comments section below. I'm excited to hear your perspective on this pair .
💭🔍 Don't hesitate to comment if you have any questions or queries regarding this analysis.