Date: 02.08.2024 Timeframe: Day chart Stock: Glenmark life science Remarks: Can trade according to given support & neckline areas.
Hey Family, there is a one more stock Which is showing a great opportunity. Key Points:- * Formation of Pole & Flag in daily TF. * After Breakout of cup & Handle Pattern it is re-testing the resistance Cum Support Level. * It's Giving Breakout of Pole & Flag and trying to Sustain above Resistance Zone with good volume. * Volume Accumulation (Volume...
🟩 KHAITAN CHEM & FERT LTD has shown a huge volume at bottom level & also giving decent breakout of Cup & Handle pattern. 📈 It can rise upto 150+ levels and can give upto 50% to 60% returns in the short term. 🟢 Range :- 90 to 95 🎯 Target :- 115 / 130 / 155 🛑 Stop :- below 70 (WCB) 🔰 It's not a buy/sell advice, it's view only for education purposes.
SL Day candle close only, Target Trigger Price All detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
Stock Name- IEX IEX Weekly Breakout Weekly Time Frame Holding period - 3 to 6 months Potential Upside Stock Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
Hello Everyone. The market opened gap down and took support of trendline today. Look for small trades within the range or wait for the range to break. If we do trades in between the zone it might hit SL. Its friday so premiums will be moving slowly.
BIKAJI: Bullish if ~6-week long Consolidation @747 is broken on good volumes. The above information does not constitute investment/trading recommendation and it is purely for educational purpose.... INTRADAY Trading Strategy in 3 stages of breakouts: 1) Impulse upmove stage: The strong upmove (nearly upto 1.5% from trigger-price) happens within five...
IDFC FIRST BANK CMP 74.21 - 25 % dip from top .As per fib retracement levels IDFC FIRST BANK Trading below 0.5 level ,75.5 is a support , and price is trading below 75.5 as per my analysis Uptrend will resume when price move above 77 or 80. could be safe entry. Please Note its my personal view its not a Buy or Sell recommendation
Triangle pattern at IFGLEXPOR RSI oversold Strong Resistance Strong Support Possible uptrend
Hello Everyone. Market opened gap down and following the trednline. Let the market break the zoe then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
Hello Everyone. The market opened gap down and took support of trendline today. Look for small trades within the range or wait for the range to break. If we do trades in between the zone it might hit SL. Its friday so premiums will be moving slowly.
ICICI PRUDENTIAL The stock experienced an upward trend, forming an Ascending Broadening Wedge pattern that suggested a bearish outlook. Following a breakdown, the stock price fell sharply and entered a consolidation phase. During this period, the stock exhibited progressively smaller price fluctuations, establishing a series of consolidation bases, each one...
Early Friday, Gold price reverses the previous day’s pullback from a two-week high as traders await the US monthly employment data for July. That said, the recent bias supporting the US Federal Reserve’s (Fed) frequent rate cuts in 2024 allowed the precious metal to remain firmer within an inverse Head and Shoulders (H&S) bullish chart formation. Apart from that,...
All-Time High: HSCL is trading at an all-time high, indicating strong bullish momentum. Retest of 400 Level: The stock successfully retested the 400 level, confirming support. Volume Confirmation: Increased volume suggests strong buying interest. Consolidation and Breakout: The stock has consolidated and broken out, followed by a retest, which is a bullish...
Venus Remedies reached an ATH of 639 on 9th Aug '21and then corrected by approximately 77% to reach a low of 145.80 on 22nd Feb'23. In the month of Feb'23, the scrip took support on the base and has resumed uptrend, forming a triangle pattern in the process. On 30th May'23, the scrip opened with a very large gap-up ad gained 20% in a day. On the following...
The stock hit a fresh 52-week high of 151.30 on 10th May 2021, but failed to hold on to the momentum, falling about 58% . SAIL took support at the lower trendline of the wedge pattern on 21st June 2022 and bounced back from a 52W low of 63.60 to a high of 93.90 on 19th Jan 2023, rising about 47% . In terms of price action, the stock is trading well...
RBL Bank reached an ATH of 716.4 in May'19 and corrected approximately 90% to reach 74.15 in the month of June 2022. It then took support at lower trend line of the wedge and rose by 255% in 7 months i.e. till Jan'23. Since then the price has been hovering near the upper trend line (resistance) of the wedge. Risky Traders Entry: Only above 176 (daily closing...
The stock reached ATH of 314.55 on 9th June 2014. It then fell by almost 84% to reach 50 on 13th Mar 2020. It took support at the lower trend line to reach high of 194.95 on 8th Mar 2022. It faced a correction of almost 38% reaching a 52W low of 119.85. on 6th July 2022. Recently, it took support from lower end of the channel rising nearly 33.62% in 9 months....