The follow up candle of the Hammer candle indicates the start of an up trend. The resistance level of 22300 is very important in tomorrow's trading range. For a good swing trade setup we need to wait for a clear and confirmed trend. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
This stock up move as per the below prediction 1.21 Ema above 50 Ema 2.50 Ema above 200 Ema 3.Price above 21 EMA 4.21 Ema retrace 5.Stock in unmoved 5.ROCE >15 6.Debt to equity<1 This is for the educational purposes This stock up move as per the below prediction 1.21 Ema above 50 Ema 2.50 Ema above 200 Ema 3.Price above 21 EMA 4.21 Ema retrace 5.Stock in...
Analysis: Astral shows strong uptrend potential with solid technical indicators. Entry: Consider current price Disclaimer: For informational purposes only. Do your research or consult a financial advisor.
On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early...
-reversing from lower trendline -if shows momentum from here then it will also break symmetrical triangle pattern -rsi & volume also rising -keep in radar it can give decent return -risk reward is very good
Setting up Superbly 📊 HUDCO + Good Prior uptrend + Volume Build up + Trading above Key EMAs -: Not a Buying recommendation
TVS motors breaking out from h&s pattern with good volume good rsi #target 2300 follow ur sl EDUCATIONAL IDEA
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...
Declining volume indicated that sellers are loosing interest and stock is very close to its 11 years breakout a big rally can come in the stock soon
ADANI POWER (1D TF) - Swing Trade Analysis given on 10th May, 2024 Pattern: FALLING WEDGE BREAKOUT - Daily Resistance Breakout - Done ✓ - Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress * Disclaimer
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM CONCEPTS" ... Please Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
Sarlapoly Multi-year breakout with all-time high volumes.
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 14-5-24 Nifty has broken a Trend Channel’s Lower Support Line with BIG Price Breakdown and closes below it for the first time after Jan.24. Now this Support Trend Line will become A Very Tough Resistance for any Relief Rally. A Short covering upto 22150-22280 may...
BankNifty also has the same sentiment. The market may open with a gap-up, and if it rejects around 47,986 or the Fibonacci level of 38%, then it could retrace a minimum of 38% to 61%. On the other hand, if the pullback sustains or breaks the Fibonacci level of 38%, then the rally will likely continue.
Analysis: Tejasnet shows uptrend potential. Can expect quick momentum Entry: Consider current price Disclaimer: For informational purposes only. Do your research or consult a financial advisor.
BankNifty did not experience much of a pullback in the last session, so the previous day’s sentiment will likely continue today as well. If the market rejects around the 38% Fibonacci level, it could retrace a minimum of 38% to 61%. Conversely, if the pullback sustains or breaks the 38% Fibonacci level, the rally will likely continue.
Trendline breakout on weekly charts after a shakeout at 21 ema Earnings are behind us Weekly CCI > 100 Daily charts near resistance of 2118 is broken high volume sell bar marked the bottom and heavy accumulation can be seen above 50 ema Sl 2022 1st tgt can be 1R followed by 2300 if market supports
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48050 level then possible upside rally of 400-500 points upto 48450 level in todays session. Any Major downside only expected in case banknifty starts trading below 47950 level to 47550 level & this rally can extend another 400 points if market gives breakdown 47450 level.