Howdy Traders, We can see that Bitcoin has been trading in a range for several days. This means that the buyer and seller are satisfied within this range. Bitcoin tried to break this range but failed and it was a fake breakout and many buyers were trapped in this breakout. Looking at this fake breakout, I feel that the market may go down a bit. Target: ...
63 moons technology stocks in making a different pattern having big resistance above 400 if stock closed above that level on monthly basis then there will be positive indication that price will move in north.
Persistent systems has been in strong bull run from 2020 to end of 2021. Since 2021, the stock is consolidating and has formed a beautiful inverted head and shoulder consolidation as a flag of flag pole pattern The stock might start a new uptrend above 5000. However, buying at top in such volatile market is risky. Kindly trade as per your own analysis.
After a good upside rally as can be seen in the chart, 'Berger Paints' went into a consolidation phase. today it has broken the consolidation zone and also has changed the trend in the smaller time frame. Now we can keep it on the radar for the coming days so we can see if this is a breakdown which is more likely to happen or a fakeout to trap sellers. both side...
Techmahindra has been consolidating for a year. The break out on closing basis has been done. currently retesting. Once the retest is successful. we can go long all the levels and analysis is for educational purpose only. use them at your own discretion
BUY - AMBUJA CEMENTS LTD CMP - Rs. 378 Target - 1: Rs. 472 Target - 2: Rs. 586 . . . Technicals - Harmonic Patterns . Comment: Consolidation must take place in order to achieve Target - 2 . . Follow me for more!
Shoppers stop has been in a bull run since 2020 and has given multibagger returns to its investors. The stock has beautifully consolidated and formed a rounding bottom pattern and is currently near its ATH. A weekly closing above 820 will push the stock to levels of 850,880+ However, there is always higher risk involved in stocks at ATH so trade accordingly. This...
Nifty consolidating in a range since 2 days. breakout on either side will trigger 100 ++ points momentum. LONG TARGET- 19500 SHORT TARGET- 19300
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 initial Stop Loss hit or RSI close below 40 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 volume c. Exhaustion...
I daily make educational content videos for swing / positional trading
In this assessment I will try to answer a few questions: 1️⃣where is the market trading? It is trading near its all-time high 18887.60 2️⃣How it is behaving near this resistance? 🚩It reacted sharply from near the resistance level but took support near a previous swing low of 18670. 🚩Then it rallied even much sharper back to the resistance and this time the...
Trade Wisely. We Can Just Predict. Disclaimer: I am not a SEBI registered advisor , so before entering on my view please ask your SEBI Registered Advisor . Profit is your and loss is your. If you love my analysis Like And Share wherever you want..
once stock crosses upper range and sustain above then we can seen more upsides in stock price trading in a range wait for get out from range chart showing explanation it self
Nykaa share has been under constant beating from its listing. Currently, the share is consolidating and it might form a double bottom pattern to bounce from 120-125 levels. RSI is already forming higher lows. The major resistance is 145-150 levels above which the stock might show signs of reversal. Idea shared is not a recommendation but just for educational purposes.
GESHIP * Perfect Cup N Handle pattern Breakout * Best to enter near around 715-720 in retracement Financial trend Operating Profit To Interest (Q) Highest at 11.03 times Roce (HY) Highest at 20.80 % Debt-Equity Ratio (HY) Lowest at 0.36 times Pbdit (Q) Highest at Rs 847.04 cr. Operating Profit To Net Sales (Q) Highest at 58.18% Pbt Less Oi (Q) Highest at...
Indus tower is in continuous downtrend and now, it is on a strong weekly demand zone. A small pull back, at least can be expected from this level. Even for a continuation of bear trend, a lower high has to be made. However, entry can be confirmed only when there is a small breakdown from the level and subsequent strong buying is done, i.e. a bear trap.
triangle pattern consolidation in apollo hospital keep it on watch list most of chances to break demand zone and then wait for retest trend line again, then go for sell side or put side if it breaks trend line up side then go for buy side
I daily make educational content videos for swing / positional trading