Bajaj Finserv Triangle breakoutBajaj Finserv made triangle pattern.
currently on daily chart it has given a breakout from triangle but
also need breakout from triangle on weekly closing basis.
Will keep the stock on radar for weekly closing.
Weekly breakout from pattern on closing basis will take stock to previous high 1929 to 2100++
Chartpattren
"Nifty50 approaching 26,500: Some Profit booking expected."📉 Nifty50 Update: Some profit booking by buyers might come in the 26,500-27,500 range or act as a sideways to bearish. This could lead to a slight correction in the market. Stay alert and consider adjusting your strategies accordingly.💼
Disclaimer: Trading in the share market involves risks, and past performance is not indicative of future results. Please conduct thorough research and consider your financial situation before making any investment decisions. Consult with a financial advisor if needed.
EURUSD: Will the price rise or fall today?Hello everyone, today let’s reflect on the movements of EURUSD together with Alisa!
Thanks to the weakening US dollar, EURUSD has seen an increase. However, with recent market fluctuations, investors need to be more cautious about the signals that might impact this currency pair.
When observing the chart, EURUSD’s trend is still on the rise. Although there is a slight decline near the peak at 1.115, this shouldn't be an issue. If support is found around 1.112, the pair could resume its upward momentum and possibly break through the target level of 1.120.
That’s Alisa’s perspective! Do you agree with me?
TCS looking for gap area to fillTCS made high 4565 in day timeframe and Possible made 5 impulse wave inside the 3rd wave.
now expecting consolidation for 4th wave to fill the gap of 4340--4300 in short term
Whereas breaking of trendline will give more weakness towards 4000
MACD giving negative diversion.
Link given for previous post for detailed analysis where it achieved 3rd wave target.
Disclaimer : study is only for educational puspose. I am not SEBI registerd .
Gujarat Fluorochem.. Gujarat Fluorochem given breakout after two and half month tight range consolidation
for wave 2.
and impulse wave 3 started likely to target 4800++
every dip is the buying opportunity.
MACD is positive.
Disclaimer : I am not SEBI registered. Study is only for educational purpose.
PATANJALI FOODS | ALL TIME HIGH | BULLISH | SWING TRADECHART ANALYSIS OF PATANJALI FOODS
1) 3-Years old Channeling finally Breakout.
2) Cup and Holder pattern formation and breakout
3) Good volume support
4) Currently at all time high price
5) Bullish momentum continues
Disclaimer: Only for educational purpose
Banknifty direction for 22nd aug with elliott wave Banknifty has completed 5 impulse wave up and now in corrective abc move
of which wave a down done yesterday near 50333
and today wave b up is in progress of which minimum target has achieved.
max target previous high 51025 (& 51200 if irregular )
Post wave b expecting down move towards 50300 for wave c
Disclaimer : study is only for educational purpose and not for any recommendation of trade.
Banknifty direction based on elliott wave analysisBanknifty completed 5 impulse wave up..
and now in abc corrective wave in progress..
channel support near 50650 and important Fibonacci support to look for
38% : 50659
50% : 50512
61.8% : 50188
abc corrective pattern should find support near above fib levels..
Post abc corrective pattern it will again rally ..
Time to watch post 12pm
Will history repeat? An 8-10% correction after hitting 127%?We went through the charts, and since 2022, Bank Nifty has been hitting the 127% extension and then correcting 8-10%.
People say history repeats itself, and if this is true, we might see a 5000-point fall in Bank Nifty.
This analysis is for educational purposes only. Please do your own analysis before making any financial decisions.
Regards,
Team WaveMoku
Rising Wedge pattern breakout in METROPOLISMETROPOLIS HEALTHCARE LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Rising Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 2410+.
✅Can Go Long in this Stock by placing a stop loss below 2034-.
#NIFTY Intraday Support and Resistance Levels -26/07/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 24440 level and then possible upside rally up to 24560 level in today's session. in case nifty trades below 24390 level then the downside target can go up to the 24270 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(19/07/2024) Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 52550 level then possible upside rally of 400-500 points upto 52950 level & this rally can extend another 400 points if market gives breakout 53050 level in todays session. Any Major downside only expected in case banknifty starts trading below 52450 level.
Ascending Triangle pattern breakout in NAVINFLUORNAVIN FLUORIN INTERNATIONAL LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Ascending Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3885+.
✅Can Go Long in this Stock by placing a stop loss below 3673-.
SUMICHEM : Breakout Candidate#SUMICHEM #patterntrading #chartpattern
SUMICHEM : Swing Trade
>> Ascending Triangle Pattern
>> Trending Setup
>> Good Strength & Volume in Stock
>> Good Risk Reward Trade
Swing Traders can lock profit at 10% and keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Symmetrical Triangle pattern breakout in MUFTICREDO BRANDS MARKETING PVT LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Symmetrical Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 200+.
✅Can Go Long in this Stock by placing a stop loss below 165-.
Ascending Triangle pattern breakout in CHAMBLFERTCHAMBAL FERTILISER LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Ascending Triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 558+.
✅Can Go Long in this Stock by placing a stop loss below 519-.
#NIFTY Intraday Support and Resistance Levels -08/07/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 24350 level and then possible upside rally up to 24470 level in today's session. in case nifty trades below 24290 level then the downside target can go up to the 24170 level.
ICICI PRUDENTIAL BREAKOUT ON DAILY CHARTICICI Prudential has broken out of a cup and handle pattern on both the daily and weekly charts. It’s a good sign that the breakout occurred on both charts, making the pattern more valid. I’m keeping a close eye on ICICI Prudential, and if it crosses the 641 mark, I’m expecting it to climb to 681, with a longer term target of 724. I believe this is a solid, long-term investment strategy, and I encourage patient investors to take advantage of it.
Head & Shoulder pattern breakout in PARKHOTELPARK HOTELS LTD
Key highlights: 💡⚡
✅On 1 Day Time Frame Stock Showing Breakout of Head & Shoulder Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 240+.
✅Can Go Long in this Stock by placing a stop loss below 179-.