TATA Consumer might be in the last impulsive wave 5 (in blue), where it seems to be in wave (iii) (see wave in green) of wave 5. Can see a P&F pattern formation (see pole in orange color) and with that target must be in between 1355-1404 range. Also it will complete C&H pattern on 1256 and with that target will be around 1494, that could be end of impulsive wave 5...
There is a formation of a small ascending triangle on 2 hrly chart, and an inverted head and shoulder on higher time frame (4 hrly chart) level around 3039 (marked by white horizontal line is the common resistance zone for both the patterns A breakout has occured through this zone, and on breakout, there is higher than average volume and rising atr as well. SL...
NTPC is ready to BREAKOUT. The stock was in consolidation phase from march. Volatility has contracted over period with positive upwards moment. Stock closed above the 20 MA after yesterday's budget shakeout. Ready to BURST.
Bank nifty trading in this channel. If it falls, it might test for the lower support. If it gives a breakout, there is a good chance of 5%-10% runup
Date- 15 March 2024 Time - 10 Am Points to be Noted- 1. As we can see, Avanti Feeds breakout from its long-term triangle formation with Inverted Head & Shoulder Chart Pattern with strong Volume Green Candle. 2. As supporting indicator MACD is showing Seller Exhaustion with decent bullish movement so far. 3. I know we are little late but one more...
ONGC moving upward in channel with impulse wave targeting 350++ Disclaimer : study is only for learning purpose and no recommendation for buy/sell
Buy above 762 Will be breaking range of 90/140 points Target 850/900 Sl below 750
Tata Power is all set for breakout Once cross 462 Cna surge Fast 500 ce
he Federal Reserve left interest rates unchanged Wednesday, but acknowledged recent progress on inflation and cooling in the labor market, stoking investor hopes that the central...
360 One : Ascending Triangle breakout Done Need to sustain 1070 levels for sustaining breakout
EURUSD remains mildly bid around 1.0830 early Thursday as it defends the previous day’s recovery from the 200-day and 100-day Exponential Moving Averages (EMAs) after the US Federal Reserve’s (Fed) dovish halt of the benchmark rates. It’s worth noting, however, that bearish MACD signals and a week-long descending trend channel challenge the Euro pair buyers ahead...
MCX: Trading Near All Time High! Patterns: Darvas Box Breakout with Rounding Pattern Formation Volume: Wait for Strong Volume Price Targets: 4500 / 4750 / 5000 / 5350++ Stoploss: 4075 DCB Disclaimer: For Educational Purpose Only
#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...
CMP around 1640 on 19.07.24 A breakout of an inverted head & shoulder pattern is spotted on a two-hourly chart. next target seems to be around 1700 in continuation. In the case of retesting the breakout level, support is around 1615-1620. If it goes below 1615-10, it may go weak again. One has to trade with patience while maintaining risk management. This...
Good morning, friends! 🌺🍬 Here are the market directions for August 1st: Global and Local Market Overview In the previous session, the US market experienced a solid pullback, suggesting a moderately bullish bias. Our local market is also maintaining a moderately bullish trend. Today, the market may open with a neutral to slightly positive start, as GiftNifty is...
BankNifty BankNifty is still within a range. Both current and alternate views indicate a range market structure. Here’s the breakdown: Current view: If the gap-up sustains, we can expect a move to the 51825 level. If it breaks or consolidates, the pullback will likely continue to the swing high or channel top. If it doesn’t break the 51825 level, it will...
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...