Again guys, I have no idea what GME will do, but these are all usually considered bullish signals. Let's take it day by day and always manage our risk. It is a meme stock. Don't forget that. NFA - only ideas and charts
Weekly Chart - Higher tops, higher lows - Rising Wedge with a strong breakout
The market indicating bullish trend ... still gaining enough momentum to buy
KNRConstruction is an undervalued infra theme stock which is looking strong on chart. It has given a flag breakout and above its ATH, it has potential to fly. Q4 results of stock are amazing and it can fuel the rally. Keep in watchlist. Not a recommendation
The price is strongly rejected by the LTMA band. Also the formation of an Inverted Hammer Candle in the negative zone indicates a down move. The price could test the levels of 565 and if broken then 535. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Date : 14-May-2024 Rating : Buy - Positional Trade LTP : Rs. 4,074.70 Targets: (1) Rs. 4,275 --> (2) Rs. 4,650 ++ SL : Rs. 3,670 on daily close basis Technical View: • NSE:HAL is in its primary uptrend and also going through it's secondary uptrend. • Within the current secondary uptrend, NSE:HAL has retraced 5% from top and again started the upward...
KRBL | Looks good for doubling with excellent risk reward FII & Promoter both increased small portion recently. Stock is trading at 10 P.E CMP : 276
It has break ascending triangle break out and also it has break out previous high and bullish volitality is high
Date : 14-May-2024 Rating : Buy - Positional Trade LTP : Rs. 1,343.20 Targets: (1) Rs. 1,508 --> (2) Rs. 1,718 ++ SL : Rs. 1,170 on daily close basis Technical View: • NSE:COCHINSHIP is in its primary uptrend and also going through it's secondary uptrend. • Within the current secondary uptrend, NSE:COCHINSHIP has retraced 15% from top. • On...
The price is showing signs of reversal near its recent swing-low. Also, the degree and nature of separation in both bands indicates a start of compression. CMP - 2,265.55 R1 - 2,280.00 S1 - 2,182.00 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today we have an indecisive candle with a high of 1,514,20. The price has made a triple top pattern. Tomorrow's candle will clear whether the price has respected the pattern or not. Trade accordingly. Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
BankNifty Analysis BankNifty opened gap up and quite above the 48947 resistance line. The beauty of the price action today was that, we never fell below this support level - this could be taken as evidence of bullishness. And like old times, the pattern appears to be a W, double bottom. Each of the levels appears perfectly landing on either the support or the...
Nifty50 at Daily time frame - Moving in a range since Feb 2024, touched Upper Trendline 3 times and reversed, now touched Trendline for the 4th time on 23-24may, completed the target of 900points of Hammer Candle on 13th May. There is probability of touching 24000 in a few days, right now 22500 is a Support. For learning and educational purposes only.
Over the last 1 week, Nifty is up only 1.33% ~ 300pts, but we witnessed one of the most violent weeks in the last 4 years. Primarily because the exit polls overshot the expectations which gave a gap up of 3.5% ~ 792pts and then the actual polls came less than expected and this ensured we had a brutal fall of 2062pts ~ 8.84%. Once the dust settled, we retraced the...
Nas breaks all time high.and consolidate. Left an order block Tomorrow plan about mitigate the ob Then shows continuation
Hello Everyone. The market was in a very tight range the today. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 50 points as we are getting very few trending moves. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break...
Topic - SBILIFE Long Levels and Zone As on 06 Thu Jun 2024 Current price of Sbi Life Insurance Co Ltd SBILIFE is 1442.85 and trend of stock is towards downside and stock can be sold for price targets of 1442.71, 1419.49, 1410.81, 1409.5, 1268.55, 1298.57 Sbi Life Insurance Co Ltd SBILIFE Opened at 1390.10 & Closed at 1442.85 and moved inside a range of...
Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trade book profits every 50 points as we are getting very few trending moves. Hello Everyone. The market was in a bearish mode previous day. If the market opens flat then we can see continuation of trend. If...