ACI seems good on weekly timeframe. Result today. Upside potential
The KASPA has been in an uptrend from the second half of 2023, which is followed by the first half of 2024. The price had been trading in an upward-broadening wedge. From lower border support in May 2024, the price has headed for the upper border, and it has come halfway as of writing. The 50-day and 200-day EMA bands support the run; further surge would...
My earlier posts about Bharti Support and resistance channel was having little problem, to get early alerts I shifted it little inside and hence in the post it does not reflect the true picture if support line is broken or not. Here I have put it at the right area where we can see the support line is still not broken and not hourly candle closed below this line...
Bank Nifty: Bank Nifty also saw a strong pullback in the last trading session. If the gap-up sustains, then the pullback will likely continue. My expectation is that, as per the structure, we can't expect much of a retrace even if it rejects either of the resistance levels. This means that if the gap-up sustains, it will continue the rally with some little...
Just learning from my end, not a recommendation !!!!
Vguard has been consolidating from 2018 in a rising wedge pattern. Today, the stock has given a breakout of its ATH and is currently looking bullish. However, the best entry for the stock is 255-260 with a SL of below 235 DCB for minimum target of 300. The stock can give multibagger after a upward breakout of the pattern. Idea is shared for educational purposes...
Round bottom Breakout RSI above 70 and rising Trading above EMA50 Volume increasing 35+ months of consolidation Disc: For Study, not a recommendation
Power Finance Corporation (PFC) demonstrates a strong technical and fundamental profile. The stock’s current uptrend, coupled with robust financial performance and growth prospects, makes it an attractive investment option. However, investors should closely monitor the stock’s performance around key support and resistance levels and stay updated on any regulatory...
#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...
interesting structure on weekly charts, worth following with long bias. views for edu purpose only
Weekly Chart Analysis Lux Industries Ltd is showing a promising double bottom breakout on the weekly chart. With the confirmation of the pattern and strong bullish momentum, the stock has the potential to reach the mentioned targets. However, it's essential to monitor the RSI and use proper risk management techniques to safeguard against any unexpected market...
🔰 TTML has shown a large volume built-up from its previous resistance area. It has a good potential upside for short to medium term timeframe. 🟢 Range : 90-92 🎯 Target : 105 / 145 / 180 / 210 🛑 SL : below 70 (WCB) ⚠️ It is not a buy/sell recommendation, view only for educational purposes.
Buy Trade Idea for YGG (Yield Guild Games) - Capitalizing on Strong Fundamentals** Description Yield Guild Games (YGG) is a prominent player in the play-to-earn (P2E) and blockchain gaming sector, offering unique investment opportunities. Here are the key fundamentals that make YGG a compelling buy: - **Innovative Gaming Ecosystem:** YGG operates as a...
Buy Trade Idea for YGG (Yield Guild Games) - Capitalizing on Strong Fundamentals** Description Yield Guild Games (YGG) is a prominent player in the play-to-earn (P2E) and blockchain gaming sector, offering unique investment opportunities. Here are the key fundamentals that make YGG a compelling buy: - **Innovative Gaming Ecosystem:** YGG operates as a...
SMC Global is a small cap broking firm also having an nbfc.. it has shown good growth in the past few quarters but has undergone good correction in the past few weeks due to the overhang of SEBI norms on discount broking as well as the rumors on curbs on F&O trading. Q1 results are on 30th July. NCD offer is closing on 1st August. 0.89x subscribed so far. they...
RAMKY INFRASTRUCTURE has given very nice breakout from the bottom. It has a good potential upside for a short term Target of 20% to 40%. 🟢 Range : 640-650 🎯 Target : 755 / 840 / 1000 🛑 SL : below 560 (wcb) 🔰 This view is only for educational purpose not a Buy/Sell recommendation.
Date 29.07.2024 Timeframe : 45 mins Bank nifty (spot) Remarks : Technique is in simplicity. An RSI over bought territory & strong resistance trendline provided 1100+ points drop intraday. Regards, Ankur