After consistent downside stock has made good base around 270 zone.positive divergence on RSI monthly closing above 300 will pave way to reversal to uptrend
SWING CHANNEL swing channel but at resistance and sell high
Nice Impulse move and followed by flat correction. Five waves of the 'c' wave of flat correction terminating just near 1073. Next we have to see if another impulse wave starts or there is another complex correction. for impulse wave tatamotors need to sustain above 1089 the 4 th wave position of C wave. Of course time will tell. For me it is looking bullish...
The company is one of the largest players in the natural gas transmission business in India together with its leadership position in Gujarat and strategic location with connection to all major natural gas supply sources. The stock has been forming an cup and handle pattern on the weekly timeframe . since 2021 the stock was forming this pattern and now it is...
AsaaTo achieve excellence in cryptocurrency trading, specific psychological traits and skills are crucial: * Emotional Control: Manage fear and greed to avoid impulsive decisions. * Discipline: Stick to a trading plan and avoid emotional reactions to market fluctuations. * Risk Management: Assess and manage risk tolerance to avoid significant losses. *...
Adani Wilmar Monthly Chart is Looking Good 🔥🔥 Demand Zone
Symmetrical triangle pattern Watchout above 500 level May test 560 in coming weeks If sustain above 500 level Below 470 Setup will be invalid
Hello Everyone. The market was in a bullish/bearish mode today. 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 before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...
PAUSHAK LTD long Analysis 28 Aug 24 Trade : Swing Pattern formed : rounding bottom R/R : 1:2 Bullish levels : Target 1 : 7866.80 Target 2 : 8685.10 Target 3 : 9412.54 Target 4 : 10321.65 SL : 4450 This tech analysis is purely for educational purpose only. we don not recommend any invest as per this analysis .
Hello Everyone. The market was in a bearish/bullish mode today. 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 before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...
Hi All, This idea is about Dr Reddys Lab Fundamentals Mkt Cap - 106810 Cr Stock PE - 19.2 ROE - 21% ROCE - 27% Mkt Cap/Sales - 3.8 OPM - 28% Technicals Price was pushed back to follow the rising wedge pattern & if it sustains above the marked (white line) resistance, can further show an upside of 8-10% to reach the upper channel of rising wedge Happy...
You can add this to watchlist and watch if btc move as per my analysis..v
A narrow range breakout happened but with not considerable volume Can go long for a short target with less quantity enter only after crossing the breakout candle high in the next day candle itself.
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 trades. 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 before looking for CE trades. If it opens gap down then look for PE...
Huge potential is there. For short term investment ; Leave a " Like If you agree ".👍 . . Wait for small retracement & daily candle to close above - "381" . . If you are interested in investment now, go for it with proper risk, . . Overall "Ask Automotive" fundamentally good stock. . . Enter after retracement above "Yellow box" mentioned. . Wait for proper...
Hello Everyone. The market was in a bullish mode today. 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 before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for...
The stock has seen exponential rise since last many months without any intermittent major corrections. The fresh trend lines created have been breached now, and stock seems to have entered into sloping / sideways channel since Feb. Expect to see corrections upto 1300-1250 or upto the trend line which will be healthy for accumulation & gather momentum for future uptrend.
LTIMindtree Ltd. has formed a "cup and handle" pattern, breaking out with a sharp move above 5800 (resistance level), supported by strong volume. MACD shows a bullish crossover, affirming the breakout strength. RSI at 73.29 suggests high momentum but there is a possibility of a minor pullback or consolidation. Entering around current levels (6100-6200)...