As we can see market was moving between blue channel, But at red circle, it broke the previous low and then from there it started to gain momentum in opposite direction, and breaks previous high at Line A.
As we can see price is consolidating between the lines, But it is clear that,it started to follow orange Line instead of black Line.
Can Enhanced Sentiments Propel Jupiter to Revisit Monthly Highs? Jupiter Crypto has been navigating a compelling channel pattern, indicating potential volatility and trading opportunities. The surge in development activity hints at impending significant updates, signaling a proactive approach to innovation and improvement. Jupiter crypto was down for the last...
Focus on how price behave just before going upward.. Here Trend completely changed from downtrend to uptrend, but before the start of major uptrend, price broke the previous low, from there it started to move up.
Tube Investments of India Ltd. is an interesting chart with following 1. RSI on daily and monthly time above 60 2. Price crossed above 20 week SMA with volume 3. ABCD pattern under formation on weekly chart can be a good risk reward with buy on dips and dips only with support near 3670 - 3600 zone Lets See How it evolves Disclaimer: NOT A BUY / SELL...
CIE Automotive India Ltd. is an interesting chart with following 1. RSI on all time frames DWM Above 60 2. Narrowing Bollinger Bands on weekly chart 3. ABCD Pattern on weekly chart 4. Stock Out Performing benchmark and Sectoral index both on 1 week and 3 months 5. Higher Trade and Delivery quantity on weekly time frames. Last but not the least - A...
Divi's Laboratories Ltd. is an interesting chart with following 1. Reverse Head & Shoulder Pattern on weekly chart 2. Narrowing Bollinger Bands on Weekly chart and Price walking on upper Bollinger Band 3. ABCD Pattern under formation on weekly chart 4. RSI on daily and Weekly time frame above 60 5. High Trade and Delivery quantity 6. Stock outperforming...
On the stock edge weekly breakout analysis , price has given a breakout. 2H time frame study shows price has reached the trendline, and getting rejected from there. We should take trade as per breakout of last candle
Reliance Industries Ltd. is an interesting chart with following 1. RSI on D/W/M above 60 2. ABCD Pattern under formation on weekly chart 3. Price crossed above 20 Week SMA during the week Can be a Good risk reward with buy on dips and dips as major support exist at 2870-2880 zone being daily and weekly 20 SMA support Lets see how it evolves Disclaimer:...
Ultratech Cement Ltd. is an interesting chart with following 1. RSI on all time frames DWM above 60 2. Price Crossed above 20 W SMA 3. Narrowing Bollinger Bands on weekly chart 4. ABCD Pattern under formation on weekly chart 5. Both ARS and SRS above zero Can be a good risk reward with buy on dips and dips only with major support at 9780- 9830 zone and next...
DON’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...
On the stock edge weekly breakout analysis , price has given a breakout. 2H time frame study shows price has reached the trendline, and getting rejected from there. We should take trade as per breakout of candle
On the stock edge weekly breakout analysis , price has given a breakout. 2H time frame study shows price has reached the trendline, and getting rejected from there. We should take trade as per breakout of dogi candle.
it has formed inverted head and shoulder pattern on daily chart. up volume higher in the recent days. pullback volumes are less. forming higher highs.
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
15 weeks Cup and Handle pattern, vol contracting in between cup formation then vol kicking in then again in handle vol contracting. -Green Vol > Red Vol -Handle BO is entry
NSE:POLYMED ✅ #POLYMED trading above Resistance of 1782 ✅ Next Resistance is at 2210 Related charts: Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
On stock edge weekly breakout analysis, price has given a breakout. 2H time frame study shows price has reached the trendline, and getting rejected from there. We should take trade in downward direction instead of up direction of breakout of weekly time frame.