Disclaimer: I'm not a SEBI registered analyst, Views are personal not any Buy or Sell recommendations. IRCTC making an bullish flag pattern in weekly, any fall towards 906-860 will provide an entry opportunity, Expected targets are mentioned in chart & S/l will be channel low Breakdown on Daily closing basis.
Improving Fundamentals tailwinds in health sector breaking out of 5 weeks of consolidation cmp 1260 sl 1190 target 1500
Price breaking trendline after consolidation, Now forming higher high and the good point is price taking support at 2024 opening price line. As I said (yearly opening) taking support / resistance. Same as my previous trade of CENTENKA.
The trend of gold this week showed an upward trend in the second half of the period, with the weekly closing as a big positive line with some small upper and lower shadow lines. On Friday, we publicly pointed out that short orders were carried out on the 2375-2378 line. As a result, the big negative line once touched 2355, showing a downward trend. Gold did not...
Nitty making double top pattern on daily & weekly charts. Below 21700 this pattern get valid for target of 21300, 21011, 20888, 20555, 20222 December levels on 3 states election results & also fill the gaps between these levels. If Nifty close above 22222 levels then pattern become invalid & then we can see 22800 & above levels with election results prediction's....
Strong Sector New Higher lows cmp 1286 sl 1150 target 1750
1. Trend: Bullish 2. Confirmation, at the close of the day 3. Entry: Yet to determine keeping small SL trade set up 4. False breakdown was to shake weak buyers 5. Price at current levels has equal chance of upside/downside move potential
cmp- 2256 time frame -12-14 sessions target 2300-2320 hns and double bottom both seen in TA DISCLAIM: not a trading idea. for educational purpose only.
cmp : 22442 demand zone : 22305-22392 supply zone : 22740-22810 nifty is respecting both demand and supply zone. breaking any one zone will be indication for next big directional move of 2-4% price action suggest bearishness but if demand zone is respected it may bounce back. any dip towards demand zone should be treated as buying opportunity with strict stop...
cmp 6155 polycab after q4 results gave breakout from 5950 level if retested this level may act as support for nee ath in upcoming sessions. sl 5900 closing basis note: its a educational idea not a trading idea. trade with your own analysis.
cmp 1046 a resistence of 1065 is crucial level in upcoming week. if its breached a new ath is with 5% above it on the cards. note : my view is biased its a educational idea and not a trading idea
1. Trend: Bullish 2. Set up: Retest Reversal 3, Confirmation pending for the right stop loss 4. RR will be lucrative if reversal is confirmed
The trade is already activated and it give me more than 17% return in just 7 trading session, I am sharing just for educational purpose. As you all can see the blue line it is 2024 year open price value, it also act as (resistance / support) in most of the cases. The price is taking support at yearly open level and from 200 EMA as well Also a tight consolidation...
DISHTV is trading very close to a trend line on a day chart. This trend line is intact since the covid lows. Might see a big upmove from here if price take support at this trend line again. Disclaimer: For educational purpose only.
Tata Motors forming Ascending Triangle on Daily Timeframe, Looks like Breakout is coming, Entry Above 1060, SL 1025, Expected Target 1130-1150 Disclaimer: Study only for Educational Purpose. Remember: My Money, My Risk, My Reward, My Responsibility. Please Consult SEBI registered Financial Advisor for any Financial Advice/ Decision.
BNIFTY : Breached short term DEMAs.has its 50DEMA falling at 47000-47050 as the major support,breaching this level expect 500+ points fall(for educational purpose only)
Intraday NIFTY seems to be weak opening which makes it to go to next support at 21777.....Trade carefully.....Till June 4 as markets can be volatile with INDIAVix at 20+ now.
USDJPY jostles with a fortnight-old horizontal resistance as buyers turn cautious ahead of this week’s US inflation and the first readings of Japan’s Q1 2024 GDP. In doing so, the Yen pair struggles to extend the previous week’s recovery from the 50-SMA. That said, the near-50 RSI levels join the receding strength of the bearish MACD signals to suggest a...