Anticipate a continuation of the swing within the channel. Buy above 89 with stop loss of 84
I have taken an opportunity to discuss one of the best indicator i.e. William R% for trading which I always recommend. The usage has been discussed in iH Chart. Now, that stock is oversold in 1H, it is bound to go up. But, wait for atleast 3 hourly candles above levels mentioned above and then trade tomorrow. Though, I have made detailed analysis and suggest...
Its bullish with buy on dips 1 RSI on all time frames D/W/M above 60 2. Harmonic pattern under formation 3. Buy as per your own risk reward on dips Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/...
Buy Reliance - 12 Months previous swing high Level is 2304.45. Stop loss 2392
This fellow is showing strength. Bigger down trend break and retest done. Smaller down trend break and retest done. Decent Volumes seen in last few weeks. Sustaining above all key moving averages. Now we need to wait and watch it to sustain above the supply zone (51-60). Once it sustain we can go with pilot position and also consider it as the support zone...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
Time frame for study - 4 hr Conclusion - -- Continuous two Uptrend seen in crude till 7990 level -- A correction wave of A,B,C seen till 6970 to 7010 levels for B wave -- For C wave if any support taken near 6970 - 7010 then immediate target can be 7367 with some ups and down This chart is only for educational purpose. Do your own study before taking any trades.
Coming out of consolidation of almost 2 years. Volumes went dry during this consolidation. Textile sector on the other hand showing strength. 935-1024 shall now act as good support. If it manages to close and sustain below these zone then our view stands invalid. After breaking the ATH level of 1024 it went into 7 week consolidation and past 3 weeks it has...
Coming out of 115Weeks base and 53% range it went straight up to the supply zone (71-80) and closed for 2 consecutive weeks. Now this shall act as a support . If it manages to close and sustain below it than our view shall get invalid. If it base out here for a few weeks between 88-98 and continue its journey to the north than it can test 128 - 165 - 170...
Now at a crucial zone(45-49). If it manages to close and sustain above these levels then next levels it can test are 78 & 93. After coming out of 38 weeks base and 48% range, I had taken position on 15thJune2023 @ 36 but was stopped out at 17% and further it went down till 30% and 17 week consolidation. Now 36-37 shall act as support any close below this...
Radico Khaitan Ltd. is an interesting chart with following factors 1. ABCD Pattern on weekly chart 2. Harmonic pattern on daily chart 3. Stock trading near upper Bollinger band on daily charts 4. Narrowing Bollinger bands 5. Major Support zone 1190-1160 6. Minor resistance 20 Week SMA at 1266 Disclaimer: I am not an expert I just share interesting charts here...
ABCD pattern under formation RSI bullish abv 60 on all time frames tgt D Underway bullish with buy on dips Disclaimer: I am not an expert I just share interesting charts here for educational purpose and not to be taken as buy/sell recommendation. Please seek expert opinion before investing and trading as trading/ investing in market is subject to market risks....
1. ABCD PATTERN under formation 2. RSI on all time frames bullish above 60 3. May touch 2735 shortly and then will achieve D
Coming out of 30months base. A low cheat triggered last month (September2023) and there after cheat trigger was breached too. Volumes have started coming in since low cheat breakout. It has moved more than 50% since the low cheat. and now it is heading for pivot. Remember pivot is not yet formed. So do not hurry to enter and wait for proper entry setup. 43-51...
Adani Power has a major support at the white horizontal line, if this is also broken, downfall of another 100 points may be on cards. Retailers please keep distance from this stock. Please refer to my previous idea on this stock. Link provided.
Kotak Bank has multi year support of the demand zone marked by blue dots and green rectangle. But, stuck up in a B Market profile as marked by grey triangles with tail (Bearish in nature). It is going to come out today from here. So, today's candle is very crucial. I would advise to watch only if yesterdays candle of 12:53 is not broken today and on 14th. If...
For the purpose of ease of understanding of every one of us, I have not depicted Elliot Waves but just to mention that ICICI Bank has crossed it previous waves and is ready for the next move. Two Triangles have been drawn, one with Purple Color and the other with White. Purple triangle has been crossed and it has entered into white triangle. Drawn are two...
The Fibo levels marked on the chart show clearly that Silver has broken out over horizontal level. Its a multi year Break out. I gave the major levels in my previous idea upto $32. (link Provided) Ist major target is 24. Maintain a SL of 19.49. Stay invested. Next major three canldes to be watched in coming three days are as under: 10-12-23 12:53 PM 10-13-23...