CMP - 411 TARGET – 1800 ⚡️Disclaimer: Any of my posts should not be considered as a Buy/Sell/Hold recommendation. This analysis is for educational and learning purpose only⚡️ Description: A descending triangle refers to a chart pattern used in technical analysis that is characterized by a descending upper trendline and a second, flatter horizontal trendline...
Condition Buy above only 2491 Now price running 2488.70 Stoploss............2480.....11 pts Tp-1................2498......7 pts Tp-2...............2506......15 pts Tp-3...............2514.... 23 pts overall 1% gain chance oneside move only This level based on Golden Indicator and Education purpose only
After a year of extensive community discussions, Polygon developers announced that the migration of its MATIC token to POL was live. This change introduces POL as the new ticker symbol for the native gas and staking token on the Polygon PoS chain. Exchanges are expected to list the upgraded token. The transition to POL is a crucial component of Polygon’s...
looks like ramasteel reached a good level to bounce Company has reduced debt. Company has delivered good profit growth of 28.3% CAGR over last 5 years Company is into manufacturing and trading steel tubes and pipes and galvanised iron pipes. Its product range includes MS ERW black pipes and galvanised iron pipes in light, medium and heavy sizes
In its monthly report for August released Thursday by the Cabinet Office, the government said the economy is “recovering at a moderate pace, although there are some areas where it is pausing.” Last month, it said the economy was “recovering at a moderate pace, although it appears to be pausing.” In the April-June quarter, the economy posted a...
# we mark Support and Resistance on the charts so you can check.. Support Levels: Look for recent price points where the stock has repeatedly bounced upwards. These are points where the price tends to find buying interest and does not fall further. Resistance Levels: Look for recent price points where the stock has reached and then turned downward. These are...
# we mark Support and Resistance on the charts so you can check.. Support Levels: Definition: A support level is a price point where a stock tends to stop falling and may even reverse direction. It represents a level where buying interest is strong enough to outweigh selling pressure. Identification: Support levels are often identified by looking at historical...
# we mark Support and Resistance on the charts so you can check.. Support Levels: These are prices at which the asset has historically had difficulty falling below. On a 30-minute chart, support levels are identified by looking for areas where the price has repeatedly bounced back up. You can draw horizontal lines at these price points or use technical indicators...
# we mark Support and Resistance on the charts so you can check.. Support Levels Definition: Support levels are price points where the stock has historically had difficulty falling below, indicating strong buying interest. Steps to Identify: Look for Recent Lows: Examine recent 30-minute candles to identify the price points where the stock has recently bounced...
# we mark Support and Resistance on the charts so you can check.. Identify Support Levels Definition: Support levels are price points where the stock has historically had difficulty falling below, as buying interest tends to increase at these levels. Steps to Identify: Historical Lows: Look for recent low points on the chart where the price has bounced back...
Nifty moving in corrective wave w-x-y. of which wave y is in progress.. important fibonacci level to watch for wave Y on downside 1 : 25225 1.618% : 25165 Disclaimer : study is only for learning
26Aug2024: Morepenlab Breakout done at weekly time frame after long ~1200 days of consolidation. BO with huge volume and RSI level done on 19Aug24. Nice long term VCP pattern formed before BO. Possible target in next 400days is 125 (~70% Upside Possible). Please note its just for study purpose. Please do your due diligence to get such trades. Thanks Vijay
On the 4-hour chart, XAUUSD is currently in a strong support zone around 2,470 - 2,480, a level that has been tested multiple times in the past. The downward trendline is acting as resistance, but there are signs of a potential breakout above this trendline. The breakout target could reach 2,523, but it's important to note that the price may retest the support...
The gap down opening as a result of US markets fall is only a blip. Wait for price action. Nifty could rally back to 25200 level.
Wait for BN to close above 51383 and go long for an intraday target to 51,560.
NSE:NIFTY ❇️ Good trade setup in Nifty50. ❇️In daily time frame there is continuous buying. From straight 14 days. Not a single candle closed in red. ❇️ Now as per the pmi data of us. (Ecomomy) Above estimate which is not good for the us markets. Thats why dow jones crash more then 700 points. And nasdaq slip over 600 points. ❇️ Nifty forming symmetrical...
This updated chart of Biocon Limited (NSE: BIOCON) on the daily timeframe provides a fresh look at the stock's price action as it navigates crucial support and resistance levels. Resistance Zone: The stock has once again approached a major resistance level around ₹380, marked by the purple horizontal line. This level has previously acted as a ceiling, with price...