Petronet is in good uptrend and making cup pattern on 15 min time frame. Buy Petronet around 381 with SL 375 TGT 395.
Stock at strong support area Risk reward excellent Expect 5 figures soon Self explanatory chart
After a strong SELL volume, GOLD is in small down trend, wait for GOLD to reach to 2511 we can have a plan like this. My plan for GOLD : SELL 2511-2513 SL 2516 TP1 2506 TP2 2503.5 TP3 2500 TP4 OPEN
The stock has excellent fundamentals and has seen massive volumes furthermore it has given a breakout from cup with handle pattern
1. Trend - UP. 2. Support - 200 was earlier acting as Resistance but now price is above 200 and this is now support. Resistance -price is now making all time high, next major resistance will be 250 now. 3. Market conditions - BankNifty is showing reversal. Up move to 53000 is expected. Federal Bank is strongest of banking stocks, so we will buy this to...
Bitcoin ( CRYPTOCAP:BTC ) is currently trading inside the symmetrical triangle, yesterday just after FOMC minute meeting BTC sudden pumped from 58.5k to 61.8k in just couple of hours. Now price seems again consolidating resulting the traders to uncertain about which direction they should trade. It should again go below 60k to fill reverse CME gap.
Reason :Month chart structure is clear bullish sequence making Higher High and Higher lows. Trend is Upwards, So trade will be buying Now opportunity for buying in Uptrend means, when we get corrective wave formation scenario like wave 2 or Wave no 4 in any degree. so that we can En-cash the upcoming Impulsive major moves in the form of wave 3 and wave 5 in...
TATA Consumer has given a beautiful breakout. Target 1350!
Buy now 180rs. Target- 215, 235, 255. Sl - below 158. Abv 195 candle close gives the confirmation of strong buy side.
1) Tata technologies is now breaking out of a falling wedge pattern and seems will reverse. It has also broken above 50 dma. 2) One needs to wait for a proper retest of horizontal support and 50DMA which are forming confluence as support. 3) A strong bullish Morubazu candle with good volumes at the support will confirm the entry in stock. This will also change the...
EURUSD traders are taking a break at its highest level since July 2023 as they await August PMI data for the Eurozone and the US. They are also keeping an eye on Fed Chair Jerome Powell’s speech at the Jackson Hole event on Friday. The overbought RSI indicates a potential pullback, with immediate support around the 78.6% Fibonacci retracement level from...
At strong supply area May start a retracement journey downwards soon Expecting 1800 - 1740 soon 1880 strong resistence
Got Trapped in the marked Levels 3544 to 3600... Huge call writers in 3600 making this stock to move north.. Expecting soon 3600 call writers unwinding will unlock another 70 to 100 pts
The lifecycle of a stock or asset can be broadly understood through a series of phases or stages that represent different patterns of price action. These stages help traders and investors identify where a stock might be in its cycle, and therefore make more informed decisions. Here's a breakdown of the typical lifecycle of a stock: Stage 1: Accumulation...
I don't want to tell here what is head and shoulder pattern everyone knows that pattern now the main part is it is big around IREDA. Also it will go huge from here if the market sentiments will be good for it.
HDFC has now entered a Bullish phase as I posted in my post yesterday. Bank Nifty swing long position can be taken for Target to 51,475 - 51,500 thereabouts. Maintain SL as today's low.
Banknifty has completed 5 impulse wave up and now in corrective abc move of which wave a down done yesterday near 50333 and today wave b up is in progress of which minimum target has achieved. max target previous high 51025 (& 51200 if irregular ) Post wave b expecting down move towards 50300 for wave c Disclaimer : study is only for educational purpose and...
#Optionbuyers #Niftyoptionscalping 1️⃣ Zones you always Like:- 👉Green zone- Institutional support 👉Red zone - Institutional resistance 👉Gap between institutional zones is always of 100 points 👉Zone is created with the help of pivot points and Fibonacci 👉Advance version of price action 👉Trades based on Nifty future chart 2️⃣ Trade Execution:- 👉Trade based on...