Coming back at strong support area Breakout happened with volume Pullback with no / low volume Expecting new highs soon
Previous resistence turned support Strong 1 hour candle Good volumes Ready to ATH
WELSPUN CORP (1W TF) - Swing Trade Analysis given on 26th June, 2024 Pattern: REVERSAL FROM WEEKLY SUPPORT ZONE - Consolidation & Pullback at Weekly Support Zone - Done ✓ - Strong Volume Buildup at Weekly Support Zone - Done ✓ - Demand Zone Retest - In Progress * Disclaimer
Hdfc bank is consolidating in same range from 3 years but now it has given a clear breakout of cup and handle pattern . It may come for retesr near 1730 as it has also left gap near this level. As it has given breakout after long time and it is near 52 weak high it may quickly reach upto 2250 levels
Huge potential is there. For short term investment ; Leave a " Like If you agree ".👍 . . Wait for Breakout & small retracement & then daily candle to close above - "105" . . Enter only if market Breaks "Yellow box" mentioned. . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on consistency " 💹 Refer our old ideas for accuracy rate🧑💻 Valuable...
As we discussed in our previous posts. we showing power of RSI. Also showing double bottom pattern. When RSI close above 60 in previous month it can go up by minimum 20% in a short term. Today's stock is POKARNA. Note: this is not a buy or sell recommendation of any stocks or crypto or forex. This is for educational purpose only.
As we discussed in our previous posts. we showing power of RSI. When RSI close above 60 in previous month it can go up by minimum 20% in a short term. Today's stock is CRAFTSMAN. Note: this is not a buy or sell recommendation of any stocks or crypto or forex. This is for educational purpose only.
Add this to watchlist and wait for entry.👁️🗨️ For short term investment ; Leave a " Like If you agree " .👍 . Wait for small retracement & daily candle to close above - "145". Avoid Trade untill ENTRY level. . Entry: 145 target: 168 - 195 sl: 138-128 major stoploss/ support: 960 . . Enter only if market Retrace and Break s "Yellow box" ...
DATE - 12th March 2024. HDFC Bank has breakout today with good amount of candle size and volume too. Applied Concepts Chart P. - Inverted H&S Positive Order Block from Daily Time Frame and Previous OB of Monthly TF as shown in chart. Only OB is not a good option so here we have applied FVG (Fair Value Gap) also, Price Action has successfully reversed...
Coming to the subject of TA, it is always case of evidence as well as the weight of evidence. The HDFC bank MSCI is the analogy that we will see in the coming day. The picture was pencilled in a few days and the market moved in perfect shape. Did we end the smaller degree wave 3 and are we in far higher towards the 52600-800 or a new ATH. The fading is the...
monthly structure looks good for a good long bias views for educational purposes only
Zydus Wellness is showing a strong reveral after a long 2 year consolidation. It has given a break-out and trading above important Fibonacci level. We may see price moving towards 2300-2500. Other factors: 1. Steady volumes during consolidation phase 2. RSI is above 60 3. MACD is positive 4. All above are on WTF showing strength "Clean Charts, Easy...
Endurance is creating price action to trade above the stock. A good movement can be seen above 2760. Along with the stop loss of 2670, the levels like 2810/2870/2950/3050/3350 can be seen. Higher highs can form the formula and give a side break out. fundamental is also good. The market cap is good and the position of fii and dii is also hold. This stock can...
It is one thing to anticipate the move for a day, altogether different to anticipate for the week. The stakes are staked. The rotation theme continues, it is IT at the alternative days. One more day of in neck pattern, not a bearish confirmation by any means, unless further evidence seen. The PIP is the shorter from, the steep fall held by the smaller upward...
Good morning, friends! 🌺🍬 Here are the directions for July 3rd: The global market continues to range based on the Dow Jones. Our local markets are showing moderately bullish sentiment. However, today, the market may open with a gap-up start, as indicated by GiftNifty, which shows an increase of 80 points (as of 8:00 AM). Yesterday also, Nifty performed slightly...
Nifty will be gap up opening in today's session. After opening nifty sustain above 24150 level and then possible upside rally up to 24270 level in today's session. in case nifty trades below 24100 level then the downside target can go up to the 23980 level.
As we discussed, BANKNIFTY opened in the channel resistance zone. And the market started falling till 52000. If we look at the chart now: the market is trading in the downside channel in a flag pattern. It might complete the Flag and Pole pattern. If the market takes support from 52000, a good bullish momentum can be seen to the upside. The market is getting...
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 52050 level then possible upside rally of 400-500 points upto 52450 level & this rally can extend another 400 points if market gives breakout 52550 level in todays session. Any Major downside only expected in case banknifty starts trading below 51950 level.also possible reversal...