FINE ORGANIC (Portfolio Pick)As you see in the chart the stock is in good uptrend from the listing.
Then price correct to 0.5 level & made a double bottom.
After that price breaks the neckline of double bottom & sustained above it.
At CMP price took support from the neckline and ready to gain momentum above 6000.
My target is 7300, 9350, 10600
Note: In any panic scenario If the price comes near the 0.618 level then you may also consider this stock for long term or average out.
I am not a SEBI Registered. This analysis is purely for educational purposes only.
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If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions regarding this.
Chart Patterns
Is the Bottom Made in Nifty & BnK Nifty ?? Positive Divergence in NIFTY in Daily, 2 hours chart. Any close above 25000 levels will open doors for 25200. above tht 25500-25777 would be seen.
Bank Nifty is creating cup and handle pattern in the short timeframe of 2hours. Breakout has been made, from here it has hurdles every 200 points 52400-52600-52850-53050 level. Bank nifty is poised for more upside but should see 51990 once again before the upside journey !
Inv head and shoulder in HoneywellGood reversal signal in honeywell automation.
All checkpoints are ticked..
1. Downtrend before formation of reversal pattern.
2. Volume support at break of neckline.
It is now buy on dips and targets of earlier resistances can be considered.
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I am not a Registered Financial analyst:
1 Learn the concept, not tip
2 Master 1-2 strategy, stick to it for consistent results
3. For weekly charts, Target/SL takes 1-9mon
5. Strict SL is on weekly closing basis
6. Diversify in at least 20 stocks
ireda stock analysis -*"Ireda Stock currently boasts a market capitalization of ₹581.09 billion. Its Return on Equity (ROE) stands at a promising 17%, demonstrating a positive growth trajectory.
A recent technical analysis indicates a support level of ₹200 per share. Given the stock's all-time high of ₹309, I remain optimistic about its future performance and potential for growth."*
ABB INDIA LTD. (Near Breakout level)What I see in this stock I already mention it on the chart.
Let's come to conclusion:
First we have to understand the concept of Mother & Baby candle.
So what is mother candle strategy & how to use it?
This is to be used only when a big candle is formed with a big tail. The bigger candle is “mother candle” and then next few candles trades only within the high and low of the candle which is known as "baby candle". This shows the confirmation of the strategy. So, when the breakout is given on either side, that time trade has to be taken.
So according to this let it break the 9200 level first then we think for the long & if price breakdown below 6950 then we go short only. Till then just wait and watch.
For risk takers only: You may consider long above 8280. Here price already breaks this level so any pullback in this script you may accumulate this stock with some small quantity by putting SL of 7950. Stock is in uptrend so that we consider long not short. Only with the trend.
I am not a SEBI Registered. This analysis is purely for educational purposes only.
.
If you gain some learning from this chart, then please like this post for more reach & also do comment if you have any questions regarding this.
Very much Bullish in Ganesh Housing Corp.I am holding in this shares, very bullish due to very positive result approx 85% OPM , Bullish real estate, Flag ka Break out , High volume , avoid for tomorrow because of very good result may be gap up, wait for deep, target 1300 in short time, I am not advice for buy and sell, do your own research, I am also hold in this share , just for education purpose only
Jio finance accumulate at 315-300 levelJio Finance will be a multibagger in next five years. Hold for long term for exponential growth. Daily chart with 50, 100 and 200 EMA. Down side 315-310 is 200 EMA and strong support as price has bounced back from same multiple times. Long term consolidation and accumulation going on in Jio Finance.
Medium term trading opportunity in Styrenix for v. good upsideHi,
NSE:STYRENIX has given a Bullish Flag Breakout on Weekly charts with very good volume.
MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames.
In the current market scenario, I am expecting that the bullish momentum will continue.
Complete price projection like entry, stop loss and targets mentioned on the charts for educational purpose.
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Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
Technical Analysis MACD HIstogram Key Takeaways
The moving average convergence divergence (MACD) is a popular momentum indicator that is used in technical analysis.
The MACD is calculated by comparing exponential moving averages in a security's price.
The MACD line is charted alongside a nine-day moving average of the MACD line, called the signal line, and a histogram representing the difference between these two curves.
Traders use the MACD histogram to anticipate changes in market momentum.
MACD analysis can still generate false price predictions. Experienced traders use additional metrics and fundamental analysis to support their forecasts.
This example should demonstrate how observing the MACD histogram can help anticipate changes in trends in both short-term and long-term price momentum. It is important for traders to learn to recognize these trends and not bet against them. Fighting a trend is a sure way to get pummeled.
MACD TRADING / Technical AnalysisMoving average convergence/divergence (MACD) is a technical indicator to help investors identify entry points for buying or selling. The MACD line is calculated by subtracting the 26-period exponential moving average (EMA) from the 12-period EMA.
The MACD indicator (or oscillator) is a very popular indicator among traders around the world for identifying trends and reversals. It was invented around 1977 by Gerald Appel, who was looking for a quality indicator that could immediately be interpreted.
Low risk buying in RELIANCEA low-risk high probability buying setup is forming in RELIANCE.
Price is taking support at the cluster of 38.2% retracement, 100% extension of Flat correction, and trendline in red.
If the price enters and sustains in the blue channel, showing bullish pressure, it will provide a good buying opportunity with a stop loss below the recent low.
Data Trading Part -1 It proves useful for assessing the depth and liquidity of specific strikes. It aids traders to find option premium against its corresponding maturity date and strike price. Option chain serves as a warning against breakouts or sharp moves in the index.
How It Works: A long straddle options strategy involves simultaneously buying a call option and a put option on the same underlying asset with the same strike price and expiration date. This strategy becomes profitable when the stock significantly shifts in one direction or another.
Will we get Breakout this time in Bitcoin?Hello Everyone i hope you all will be doing good. From now i will always gonna to be put my analysis on Cryptos as well. Today i have brought analysis on Bitcoin. Right now BTC is trading at very important resistance zone, this time possibility is very high for breakout. if you check weekly analysis, you will get that price is forming vcp kind of pattern and it seems we have reached in that area where prices can give breakout and price should move very heavily for upside. Any breakout in Btc can take it towards 80k+ and finally it can find resistance at 84k..
I already have written this on chart but pasting it here as well for reference.
(Higher Probability for breakout
this time. But i think everyone
should wait for perfect level to get
long entry. on 7th june btcusdt has
made high at 71997, i think we should
wait to surpass this level for more
confirmation. In case of breakout and
good entry then 67500 can be best stop
Loss, for short term, and 64665 can be
best stop loss for medium term to long term.)
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Weekly Market Review & Outlook: Technical Analysis of BTC, GoldA comprehensive review of the past week's market performance, followed by a detailed technical analysis and outlook for Bitcoin, Gold, and major currency pairs. This video uses multi-timeframe support, resistance, and trendline analysis to predict potential price movements for the upcoming week.
Lon term call on Chevron corporationChevron Corporation is an American multinational energy corporation predominantly specializing in oil and gas. The second-largest direct descendant of Standard Oil, and originally known as the Standard Oil Company of California (shortened to Socal or CalSo), it is active in more than 180 countries. Within oil and gas, Chevron is vertically integrated and is involved in hydrocarbon exploration, production, refining, marketing and transport, chemicals manufacturing and sales, and power generation.
watch the full video.
CMP-164 TMP- 260,300
STOPLOSS -120