Data Patterns (India) Ltd. is an interesting chart with following 1. RSI on all time frames above 60 2. Price forming ABCD Pattern on weekly chart 3. Narrowing Bollinger Bands and price on upper bollinger bands on weekly chart. 4. Price movement during last week with huge Eiffel tower size volume candle. 5. Major Support near 1850-1870 zone Can be a good...
PI Industries Ltd. is an interesting chart with following 1. Price moving in a rising channel and consolidating since July 2022 2. Multiple Supports at 3460-3500 zone 3. 20 Day SMA support at 3470; 50 EMA daily support at 3490 4. 50 day EMA weekly support at 3474, 20 months SMA support at 3410 levels ABCD Pattern under formation on weekly chart with...
FUNDAMENTALS : 1. Qtrly Sales growing as compared to Sales in corresponding Qtr in P.Y. 2. OPM at 17% V/s 11% previous year 3. Caution : Price to Book value is High as compared to its peers Technical: 1. Price confirmed breakout and retest of Ascending Triangle on weekly chart. 2. Price Took support of trend line on weekly chart 3. 20 week SMA support at 810...
PETRONET its multibagger stock . long term investors this monthly break out show on chart with good volume spike so , my side is buy . for MORE check in my TradingView ID If You LIKE👌👌 MY Idea ......Boost.🔥🔥🔥.. its. "Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible. Before...
Gujarat State Petronet Ltd. is an interesting chart with following FUNDAMENTALS : The company is one of the largest players in the natural gas transmission business in India together with its leadership position in Gujarat and strategic location with connection to all major natural gas supply sources 1. Company is almost debt free. 2. Company has a good return...
Laurus Labs Ltd. is an interesting chart with following 1. Ascending Triangle breakout under formation on weekly chart 2. Narrowing Bollinger Bands on weekly chart with price moving near upper band 3. Minor Resistance near 448-450 zone above which stock can fetch 485-530 zones 4. Major support near 415 - 425 zone 5. Bullish Marubozu candle + bullish...
We may see a bounce in dow jones because as we can cleary see a bulish abcd pattern in dow jones. but we have to keep that dynamic trend line in our mind, which is acting as a proper resistenece for dow.
PTL share formed cup with handle pattern in weekly chart and retracement as well done. I am expecting this stock can reach below Target in longer term. Target 1: Rs 52 Target 2: Rs 75 SL: Rs 35 Your feedback is more valuable. Please provide me your feedback in comment section. Note: This analysis is only for education purpose. Please do your analysis before...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 18-04-24 Retail will panic in bottom and start selling. After that a pullback/relief rally will start which may go upto 22300-22350. Exit all long positions near 22350. Create shorts near 22350 with sl 22530 tgt very likely to break current low (Which will be made...
PTC India Ltd. Technically there has been a break-out of the 50-day exponential moving average and a break-out of the 42-day important resistance level. In investing in the stock, there are some green signals, to be able to invest with the right decision, some logic is mentioned below. Book Value / Share ---- 175 (Fair value), Price To Book Value ---- 1.19...
SYmbol XAUUSD timeframe 45 min Analysis: uptrendmovement HOPE our analysis is adding value to your Trading Journey. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Since the beginning of this rally,and me posting the chart of 70k the pattern forming now seems to be a terminal impulse of the 3 wave which will also mark the end of impulsive wave 3 and price is likely to fall to 61k to 57 k in coming days weeks or even months. Since the overall trend is bullish the fall will be slower and corrective any which way you slice the...
After giving breakout the stock retesting its level, if sustain we can see the further upmove in near future as mark in the chart
NSE:ESCORTS Reversing from the long time trend line. Good buying seen even on low market sentiments. Can look for long trading opportunities.
I believe that a local top has been formed on the higher time frame for $Bitcoin. The key liquidation levels to watch are at 72k and 59k. My prediction is that Bitcoin will likely retest the 59k level before reaching a new all-time high. The #Bitcoin event is just two days away. Spot buyers seem to be lacking strength. Many are currently shorting Bitcoin, but...
The market saw a positive upward trend in the price of IOTA, between October 20th, 2023 and March 13th, 2024. During this time, the daily chart showed a significant surge in the value of IOTA, skyrocketing from $0.1400 to $0.4200. In the last six months, IOTA has performed well, showing a gain of 55.67%. However, in the past week and month, the price broke the...
The ApeCoin price witnessed a breakdown below all the key EMAs suggesting a bearish outlook. The ApeCoin Price has crashed nearly 50% in the last 30 intraday sessions and has slid near a six month low value. The ApeCoin price has crashed after the bulls failed to recover above the 200 day exponential moving average. The correction in the overall crypto market...
The Company is ISO 9001:2008 certified engaged in manufacturing of closed die forged products like auto components, bearings, gears, etc, and forged flanges of mild steel, carbon steel, stainless steel, etc. based out at Hadamtala Industrial Estate, Rajkot, Gujarat. Endeavor is to beome a single point source offering all the facilities under one-roof, across the...