Price action is showing a bullish trend as it breaks through the dynamic resistance (upper trend line) and surpasses the previous resistance level (static resistance zone). The overall pattern appears to be a symmetrical triangle breakout.
Price gave very good movement in the morning session and was giving less movement in the afternoon session. Pattern : Rounding top. Range : Medium. Trend strength : Normal. Buy Above : 50800. Stop Loss : 50720. Targets : 50880, 50960, 51040, 50140 and 50220. Sell below : 50640. Stop Loss : 50720. Targets : 50580, 50500, 50380, 50300 and 50220. Check the live...
LAL PATHLABS is one of leading stocks of the labs sector, The main operation of Dr Lal PathLabs deals with the performing of diagnosis and testing, including routine tests (including blood tests), specialized tests (e.g., viral and bacterial infection tests) and preventive screenings. As per latest news Dr Lal PathLabs is working on Newly spread zika virus...
Borosil Renewables is engaged in manufacturing extra clear patterned glass and Low Iron Solar Glass for application in Photovoltaic panels, Flat plate collectors and Greenhouses. As We are moving towards developed nation we have to focus on renewables energy solution rather than traditional source of energy, due to his limitation. So our govt is taking initiative...
Himadri specialty chemicals ltd is looking good ahead of union budget, Stock is on his confirmation so i am looking bullish view on HSCL. CMP : 403 SL : 390 TARGET : 430 Note : this is not stock recommendation this is only for education purpose.
As we know Indian Rail network spreading over India and continuously progressing and reaching out to the next level with their Railway infrastructure and Facility. In Indian budget Indian government mainly focus on railways when it comes to on public transport. So Jaise Jaise India ka Vikas Hoga Rail ka Bhi Vikas Hoga. i do see and flagpole pattern in RVNL on...
Voltas Limited is an Indian multinational home appliances company. It designs, develops, manufactures and sells products including air conditioners, air coolers, refrigerators, washing machines, dishwashers, microwaves, air purifiers, water dispensers. Voltas is India's largest air conditioning company by market share. as I go through its quarterly results it...
BINANCE:BTCUSDT.P The BTCUSDT currently navigating a crucial technical phase. The price has been moving within a rising trendline that has acted as a strong support level. The chart shows a consolidation phase, with BTCUSDT testing this ascending trendline repeatedly, indicating that bulls are defending this support. The MACD indicator reveals a slight bearish...
Yello, Paradisers! Are you ready for what could be a major move in TONUSDT? Let's dive into the latest setup and see if it's time to take action. 💎TONUSDT has recently taken strong support from a key zone and has formed an inverse head and shoulders pattern—often a reliable indicator of an impending bullish move. 💎However, before we get too excited, the price is...
On weekly chart it still in upstreand and it looks good for long term for next immedate target of 202/227 then its need to review
High probability trade setup Clear breakout and price also closed above the previous swing. This indicates that the price will move up in forthcoming days. This is for educational purposes only.
Monthly Time Frame Aug 24- 20 MA support, Fib 50% and Trendline Support Weekly Time Frame Lower BB Support- Daily Time Frame In trend channel - 1 Year- Consolidated at lower support and Breakout on 20 Aug 2024 Price taken 3 times resistance from 20 MA- Closed above 20 MA on 21st Aug 24 RSI- Bullish Range Shift Volatility Diversion- BB outside / Inside...
Union Minister of Health and Family Welfare Shri Nadda said: “The initiation of this Phase III clinical trial for India’s first indigenous dengue vaccine marks a critical advancement in our fight against dengue. It reflects our commitment to protecting our citizens from this pervasive disease and underscores India’s capabilities in vaccine research and...
📈 NG MCX Future Technical Chart Weekly Analysis 19-23 August, 2024 📊 Range Trigger Point: 179.20 📉 Weekly Range: 13.00 📅 Level Type: Weekly 📅 Valid For: 19-23 August, 2024 📈 Buy Above: 186.23 💼 Average Position: 184.70 🎯 Buy Target 1: 187.23 🎯 Buy Target 2: 192.20 🛑 Stoploss: 181.90 📉 Sale Below: 183.17 🎯 Sale Target 1: 171.17 🎯 Sale Target 2: 166.20 🛑...
Now 15 min time frame it looks like Symmetrical Triangle chart pattern. Set the target according to the size of poll and set stop loss. Try to enter after 30 min confirmation for poll target.
NSE:BANKNIFTY closed relatively flat today amidst some market volatility. However, the pattern forming on the chart does not look good. We are potentially witnessing the development of a Head and Shoulders pattern, which, if completed, could signal a downward move. If this pattern plays out, we may see the index decline towards the 49,640 level. On the other...
1) The price is now at the daily resistance line from here the price can fall. 2) Price is below daily 50EMA and 50 EMA act like resistance. 3)Here a decline in the market can be expected after the 5 wave structure is complete. 4) there is double Bearish divergence in hourly 5)Fake breakout creates an opportunity
Klaytn (KLAY) Klaytn has emerged as a standout performer among the top gainers capturing the interest of investors. with a nearly 20% rise, Klaytn claimed the third spot among all beating several altcoins. From a technical standpoint, KLAY price has surpassed the 20 and 50 day Exponential moving average indicating a positive trend in the short term. However, the...