Date : 22-06-2024 ------------------------------------- SWING & BO RESEARCH TO OBSERVE : The stock is trading in a tight range from last 4 trading session and soon we can expect it to break any side. Here I am bit positive seeing the overall trend SHRIRAM Looks Good ABOVE 2854 SL 2227 Target 2925, 3149, 3455, 3600, 3954 Hold few weeks Please consult your...
Price observation & overview: 1. Price is in HH-HL formation. 2. Currently near the highs of the channel, once it retraces down we can plan for a fresh entry near the support area. 3. Momentum is clearly lacking. 4. Underperformance is likely to continue unless it breaks above 130 and sustains. 5. Earnings are great. 6. Volumes are good too. Weekly tf...
1. Price is consolidating for now. 2. I need a strong BO candle to plan a good entry only if I had to! 3. Earnings are strong. 4. Volumes are dry. 5. Too many doji/ undecisive candles on weekly tf is a red flag for me in any stock. Generally, I avoid positions where wicks are excessively long on weekly timeframes. - Stay tuned for further insights, updates and...
Steel Xchange - SG Bhago volume constriction type 3 1) Inverted HSH 2) VOlume giving bright signals 3) See if momentum able to break the support
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- Breakout with Volume - P/E (16.7), ROE (14.3) - Strong RSI Levels are marked in the chart. For educational purposes only. Not a buy/sell recommendation.
With a bearish cross of bands the price has been trading in the negative zone. From these levels the price could give a short trade of 9% to 10%. The level of R1-1,870 can be used as a maximum stroploss level. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Price Analysis & Overview: 1. Current structure is bearish - made double top - lower high. 2. The stock is pumped too aggressively. 3. NO NEW ENTRIES AT CMP! RRR is unfavourable. 4. Only above 2510 the prices structure should turn bullish. - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment...
The price has given a strong breakdown of Descending Triangle pattern. Also the degree and nature of separation in bands also indicates a downtrend. Hence we are in a downtrend and the price could test the lower levels of 1,048 and if broken then 1,028. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today an important support of 423 has been broken with a strong momentum having RSI below 40. The price could test the next support level of 414 and if broken then we go for 400. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
1. Buying strength is weak. 2. Continuos red candle on daily. 3. No proper base formation. 4. Moves are completely choppy. 5. A big move is possible once the prices break through with volume on either side of the marked blue lines. - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost...
Expecting nifty to retest towards 23200......WILL DECIDE NEXT WEEK MOVEMENT AFTER SEEING THE PRICE ACTION @ 23200
Round Bottom Breakout Setup RSI above and rising Trading above EMA50 Volume increasing Multi year breakout Testing ATH Enter after confirmation Disc: for study, not a recommendation
Silver is currently supported by the trend line formed since February 27th (denoted by the red upper trend line), while simultaneously facing resistance at the upper boundary of the channel that has been forming since September 2022 (represented by the green color channel). although the head and shoulders pattern (denoted by red circle) remains intact following...
Apollo Tyres | Multipattern Breakout This stock gives breakout of 1) Inverted head and shoulder formation 2) Ascending triangle formation
India Cements This stock shows good breakout from channel pattern and ascending triangle pattern breakout
TVSSCS | Ascending Triangle Breakout Hope this stock goes high after very long time and gives good returns