Olectra seems to have started wave 3 of bigger Elliott wave after competing wave 1 and 2 starting from 1460 (recent swing low on June 4th) and wave 2 ended at 1733. With this wave 3 must have target of 275+ points means 1733+275 = around 2020. Seems wave Ii) and (11) already completed and it is in wave (iii) of wave (3). * It is not a trade advise but technical...
BANKNIFTY Intraday Trade Setup For 26 Jun 2024 Bullish-Above 52760 Invalid-Above 52650 T- 53250 Bearish-Below 52240 Invalid-Above 52350 T- 51680 BANKNIFTY has closed on a bold bullish note with 1.74% gain today. Market was trendy after 12 PM as momentum came after that. Buy triggered as per trade setup above 51800 and hit 1st target 52700 very smoothly....
NIFTY Intraday Trade Setup For 26 Jun 2024 Bullish-Above 23760 Invalid-Below 23710 T- 23918 Bearish-Below 23630 Invalid-Above 23680 T- 23460 NIFTY has closed on a bullish not with 0.78% gain today. It opened with a small gap up of 39 points above our buy level. Then 10 o'clock range broke upside above 23620 and gave a fantastic move till 23750. Tomorrow 23630...
A clear-cut flag and pole pattern has formed. Today, the stock gave a mini falling wedge breakout within the flag with high volume, forming a new base and also completing the retest. It presents an excellent opportunity to go long.
A clear-cut flag and pole pattern has formed. Today, the stock gave a mini falling wedge breakout within the flag with high volume, forming a new base and also completing the retest. It presents an excellent opportunity to go long.
Hello Everyone. The market was in a bearish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades.
CUB is breakout above 169 price after an year along with cup and handle pattern. CUB also has good high volumes along with price action. While achieving the target of this cup and handle it will also complete another rounding bottom. which will open doors for higher targets !! Cup Height : 50 points Breakout Zone : 168 Target : 222-256-275++
#### Technical Analysis: Apollo Hospital has recently shown a breakout from a falling wedge pattern. The falling wedge pattern is a bullish indicator, suggesting that the stock may see an upward price movement following the breakout. #### Key Points: 1. **Pattern Breakout:** The stock breaking out of the falling wedge pattern indicates a potential reversal of...
Its a up flag breakout.Breakout is happened after a long consolidation with huge volume
Hello Everyone. The market was in a bullish mode today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in first 15 to 30 minutes then look for directional trades.
Its a up flag breakout.Breakout is happened after a long consolidation with huge volume
Breaking out of previous supply zone with good volumes and relative strength turned positive
Its a up flag breakout.Breakout is happened after a long consolidation with huge volume
- trading below S1 so the profit will be more - 19th feb formed inverted hammer and the following candle moving up side so it makes the trend reversal - volume also has increased this analysis is for learning purpose only. It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
- Bullish wedge resistant line breakout done and formed 2 weekly candles above the resistant trendline. - weekly narrow range stock still not touch the resistant R1 833 which may be the first target. - as per the BAT harmonic view D point would be finished at the level of 1000, which may be the 2nd target. This analysis is my own idea. I don't recommend taking...
Godrej Agrovet Company stock is currently trading in a range. If the price holds above 750 then the breakout will be considered. And a much bigger target can be found. A very good stock for long term. The promoter holding is like 74%. While fii holds like 2% and DII 5 percent till date. It has a market cap of 11855cr. After the breakout, the stock can...
The stock has broken out of an ascending triangle pattern, indicating strong bullish momentum. The RSI has broken out and is currently at 70.45, suggesting strong bullish momentum but nearing overbought conditions. The MACD shows a bullish crossover with a strong upward move in the histogram, indicating increasing positive momentum. The breakout is supported...
The stock is testing its ascending support trendline, which has held strong multiple times, indicating a potential reversal. The RSI is around 50, indicating neutral momentum with potential for a bounce. The stock is currently trading near its 100 EMA, which aligns with the support trendline, adding strength to this support level. Immediate support is at the...