There are chances that nifty can give the great sell trade *Reasons for trade 1) price over buyed 2) There is rsi divergence on 1 hr timeframe 3) moving inside a channel pattern 4) price is going up but volume is contiously decresing # make sure you set your own stoposs #one can take trade ones market start breaking download ...
IFCI break out at 65 in the weekly time frame. If he hold these level then in coming week it will be hit life time high at level 80. My target for IFCI Long term : 120 Short term: 80 If you are long term investor, it will be good opportunity to buy at this level.
The stock is forming a complex inverse cup and handle pattern on the weekly timeframe additionally it has tested and breached crcuial resistance of 314 also the company is available at a decent PE of 17 however the fundamentals do not show any longlasting impact but still considering good volumes and great pattern the stock can give prolonged rally TARGET 1 ...
Cup and Handle Pattern : The chart shows a classic "cup and handle" formation, which is typically a bullish continuation pattern. There was a breakout above the handle, which is a strong bullish signal. The price broke above the resistance level formed during the handle, indicating potential for further upside movement. Resistance: The previous resistance...
Hello Everyone. The market was in a very tight range the today. We had 3 holidays so premium decay and adjustments will happen at start of the day. Let the market settle before going for any trade. The zones marked in blue are previous resistance and support so book profits at these zones. If the market opens flat then we can see continuation of trend. If it opens...
Hello Everyone. The market was in a very tight range the today. We had 3 holidays so premium decay at the start will be huge so do not trade for first 30 minutes, let the market settle. The zones marked in blue are previous resistance and support so book profits at these zones. If the market opens flat then we can see continuation of trend. If it opens gap up then...
if Price goes above green dotted line, we can consider this as Breakout of green channel. By Risking 5000 Rs. we can earn 40000 Rs.
At longterm rising support line with probable ensuing bullish flag & pennant pattern.Breakout above can lead to fresh ATH.
Hello guy's i hope you all will be doing good in your trading and your life as well. I have brought a stock which has given neat and clean breakout on daily and weekly timeframe. Stock name is UltraTech Cement and it is engaged in the manufacturing and sale of Cement and Cement related product primarily in India. Ultratech Cement is the largest cement company in...
Hello Everyone, i hope you all will be doing good in your life and in your trading as well, i have brought a stock which is forming higher highs and higher lows pattern on weekly timeframe, recently i have observed the stock has shown huge volume spike on weekly chart, Stock is in uptrend and it is going to continue it's current bullish momentum in future as well....
Hello everyone, i hope you all will be doing good in your life and your trading as well. I have brought a stock which has given breakout of Triangle pattern on weekly time frame, price is sustaining above 50 EMA since 3 weeks, MACD Has also given bullish crossover. There is higher probability we can see upside momentum in near term. Good thing about this stock is...
Multi year Break Potential to give multibagger returns. Good at CMP and dips can be used. Very good Risk Reward Except the recent hiccup, there is good change in fundamentals Consistency / increase in sales, OPM%, NET PROFIT, EPS on YoY (slight decline in Mar 2024). Promoter Holding: 50% One need to track results for the future prospects.
Date- 15 March 2024 Time - 10 Am Points to be Noted- 1. As we can see, Avanti Feeds breakout from its long-term triangle formation with Inverted Head & Shoulder Chart Pattern with strong Volume Green Candle. 2. As supporting indicator MACD is showing Seller Exhaustion with decent bullish movement so far. 3. I know we are little late but one more...
EXIDE INDUSTRIES Forming a FLAG pattern in daily time frame Disclaimer: For educational purpose only. Please do your own research before taking any trades. Happy Trading!
During the convergence of bands the price has given the break of structure on the upper side. For tomorrow the intraday range on the upper side is 130 to 136 and on the down side is 126 to 122. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Castrol india looking good for long term investment perspective. Technically its bullish falling wedge pattern. Targets are really open upto all time high. Also i have given further guidance as per fibo extension. it could easily double in some time.
CHOLAFIN at break out level. if cholafin sustain 1316 then stock can go up to 1st target is 1450 sl is 1161. follow risk- reward near to break out
Rail Vikas Nigam Limited ( RVNL) is an Indian central public sector enterprise which works as the construction arm of the Ministry of Railways for project implementation and transportation infrastructure development. Due to strong order book and good fundamentals i always add RVNL in my watchlist. On quarterly result RVNL surprise the market estimates and after 8...