BPCL price may move down to cover up the Price Imbalance. Check for the Targets in the screenshot.
#GRWRHITECH trading above Resistance of 3146 Next Resistance is at 4964 Support is at 1816 Here is previous chart: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
Date 10.08.2024 Bajaj Consumers Time frame : Weekly Remarks : A cup & handle formation below M pattern neckline at 38% fibonacci level. Golden cross over area can be defined as swing support. Regards, Ankur
#BTC 59300$ Support Break of this will lead the price towards 57k daily ob area.
Next week HINDALCO may move UP to cover up the Price GAPS & Imbalance in price moves. Expected Targets are given in the charts for educational purpose only.
Recently, Notcoin's (NOT) MACD indicator has shown a reduction in bearish momentum and has led to the forming of a bullish cross. Similarly, the RSI flashed at 45.74 and bounced back from the 14-SMA smoothened line. This optimistic shift indicates a hint of a positive trend for the asset's price market to recover. On the positive side, the NOT approaches the...
The above weekly chart shows that the price has formed a cup & handle pattern in the last 2 years. If this pattern continues we can expect a breakout on the charts. MACD is showing a likely crossover too. Possible targets may be 1600/1800 or even more. As long as it sustains above 1300, this setup remains relevant. Decide your exit levels according to your...
US OIL APPROACHING FOR TRIPLE TOP Features and Highlights : US Oil is closed at 77.00 which is near to the earlier top, which is a strong resistance. The price was retracted on 2 occasions at 77.05 and now approaching for Triple Top formation. If the Top is breaches, further rally is expected in short term. The trend line also formed a ascending...
TATAMOTORS may move in UP trend to cover up the latest IMBALANCE price moves happened, if this cover up happens in a balanced way then this UP trend may last long for couple of weeks.
Nifty weekly Analysis for August 3rd week On previous week nifty reversed from ATH and Now taking support at the 24053 For the past week these no bullish candle, But there was a gap, In stock market market cannot Like gap so it means it will fill the gap and then It will consolidate in between the ATM and SUPPORT 1 As my analysis nifty tries to fill the gap...
POONAWALLA (Weekly) CMP 365 Currently at strong support zone can be a reversal candidate if sustains above 350
Every Jun this bank is having the lowest earning of the year and after Jun you will see the earning increasing every quarter. currently its down 30% from the top despite posing the highest ever sales/Revenue ( 1501 Cr ) which provide the opportunity to make 36% Gain within 2 year time frame. Stock can go 10% more down and can also go 50% up potentially.
Simple trade setup. Stop loss below S1. Target army R1 Time period: possibly within Aug or maximum till Sep 2024
1. Infibeam Avenues posted spectacular set of numbers in Q1 (net profit jumped Q_Q 28%, Y-Y jump of 208%) 2. On the back of its numbers it is clearly in uptrend. 3. On 1 month time frame, it has broken out of box channel and retested the resistance line. 4. Now it should resume its up move 5. Target-1 of 36.02, target-2 of 39.06 and final target of 42.39 in...
Chart Analysis 1) Ascending Triangle Breakout 2) Breakout consolidation Breakout 3) Good volume breakout
Chart 1) Resistance converted to support line 2) Triangle Breakout 3) EMA 20 support taken
HFCL is currently in sideways. if the price closes above 138 in daily candle the upside target will be 158 and it has chance to go up to 180. If the price breaks close below 123 in daily candle the downside support will be at 107.