CIGNITITEC has been forming an inverted head and shoulder pattern from last 1.5 years and is currently near breakout of the neckline. It can give a good upside move if a strong weekly closing above 639 levels is seen. Idea shared just for educational purpose.
I daily make educational content videos for swing trading purposes
I found that large volume is coming in $MINA and also the chart pattern and trend shows bullish consolidation and a soon breakout. Although market is in downtrend it would be bit risky to trade, still I would advice you to take minimal risk and invest a very small capital with tight RR if you are willing to trade. Entry @ 0.920 Exit @ 1.150 SL @ 0.800
Another very simple technical analysis which works wonders in the markets. We have heard of BREAKOUTS. It could be upside or downside. It could be a breakout of any zone, consolidation, range, trendline, any indicator or anything. The Important thing is that a breakout BREAKS OFF an Important Level in the market. There can be many indications when there can be a...
$JASMY managed to break from consolidation above first demand zone and now I am expecting it will rise above the second demand zone as well. If happens we can expect a rally up to 0.012 where it will face local resistance. Entry @ 0.0075 First TP @ 0.0089 Second TP @ 0.012 SL @ 0.0063
BINANCE:MANAUSDT is making some nice moves. A nice consolidation breakout of resistance zone at 0.76, and now retesting it for a support. Also a Fib Extension has given a clearance for the next target up till next resistance. Let's keep watching $MANA
NSE:GNA GNA Axles is an established company in the automobile component space with wide variety of products for the 4-wheeler auto industry. Total revenue, net profit and earnings have been growing impressively for this company in last 12 months. EBITDA and Net margins are also on the growth trajectory. Promoter holding pattern is healthy, albeit with a...
I daily make educational content videos for financial markets
#BANKNIFTY analysis.. Banknifty are consolidate on 15 min chart 42500 to 42400 zone. In my opinion banknifty will be break upside and cross 42550 zone. if the market break 42550 zone then we can go for CE(CALL) First target= 42689,42777,42858,42934... If the market break 42341 zone then we can go for PE(PUT) First target= 42252,42155,42095.
#banknifty is consolidation so wait for breakout market is still holding their level may be the market making some exhaustion for big move... If the market break upside so first target =42379,42455,42512,42645. if the market break downside first target = 41971,41876,41803,41696.
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
After rolling down more than 65% from the high Now looks good after consolidation Current price- 403 STOP Loss - Below 315 (Support area mentioned) Possible targets- 420-535-630 VOLUME BURST Book profits according to your own hunger.. " Feed according to your hunger"
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on RSI close below 45 (if you are a short-term trader) or RSI close below 30 (if you are a long-term investor (or use any other method of your liking) 5. Some other ways to sell stocks...
NSE:HDFCBANK From this weekly chart of HDFC Bank we could see how the stock has been consolidating within the tight range of 1590 - 1650( yellow lines) The stock is just 6% - 7% away from its all-time high. So I will be watching this tight range ( expecting a breakout) considering support for bank nifty at the 42850 - 42700 level. Apart from technical aspects,...
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on RSI close below 30 (or use any other method of your liking) 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high...
NSE: VIJAYA is closing with a strong bullish consolidation breakout candle supported with volumes Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been consolidating for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed...
1. Buy or Sell at your own risk 2. Don't risk more than 1%-2% of your capital as stop loss 3. Position Size formula:- Stop Loss Amount/(Buy Price-Initial Stop Loss Price) 4. Sell on RSI close below 30 (or use any other method of your liking) 5. Some other ways to sell stocks can be a. 25% or 50% up in three weeks or less b. Weekly tailing tops with high...
IEX shows massive potential, it breaks past its 1. 50ema 2. triangle break and TIGHT consolidation break on high volume Stop loss below the base of the triangle/consolidation target at T1 T2 Keep It Simple