upl daily resistance breakout keep your eyes on it and trade with proper risk management this analysis for educational purpose only.
There is a good breakout and retrace on Hindustan Petro on daily and weekly chart cmp Rs 321 with a Stop loss 300 , Target 480 Holding Period 6 to 9 months Please do your own analysis before take a trade
EURUSD GOING DOWN FOR SHORT .SO STAY TUNED AND SELL WHEN IT CAME TO 1.2132 FOR PROFIT 1.21218 AS TARGET.
BP is trying to stay in the trendline- support area. A good buy can be seen at the 812-818 levels. long targets are given. please keep stop losses in place. cheers.
1)Good Price-Volume action. 2)Broke-out today after few months of consolidation. 3)Breakout supported with good number of volumes. 4)Momentum indicators all in strength.
NSE:NBVENTURES go for long if it closes above RS 131 in daily candle Channel Breakout Entry Above 131 Target 158 Stop Loss 120
Bullish Flag breakout in M&M after six months consolidation on monthly chart & on weekly chart as well. Auto index also gave breakout and looks bullish on daily chart. Resistance levels to watch is 822, 850.
CMP -229 SL -198 Target -280 - Ascending triangle breakout - Trendline and 50EMA confluence on D - Above all EMA's on D and W - Beautiful price action as price made a pause at resistance before making forward move - Resistance was broken with great VOL, shows strong conviction of traders at the price point - Good financial strength, increasing profits, low debt,...
- Made a gravestone doji at the top, may touch the steep trendline before making move up if the cureent trend is to continue - It has been moving continuously and silently
Lets Zoom-in to our Weekly chart shared previously and see what's happening in Sequent Scientific. As mentioned in our previous weekly view, a weekly close below 214 level may result in trend reversal (Downtrend) for this stock. Now, what can we see on Daily chart? 1)Today's close took support around 214-215 zone. 2)Bullish RSI divergence can be seen. Where Price...
Breakout with good volume in Kalyan Jewellers. Resistance levels to watch: 72, 75, 78. Higher demand can be seen due to Festive season.
Few pointers about my analysis of VARUN BEVERAGES : 1.The stock has been in a continuous uptrend with lots of bullish continuation patterns ,which is good for healthy upward trend, higher the no. of valid patterns better it is. 2.The stock just broke out of an ascending triangle pattern , which is again is a continuation pattern. 3.Volume spurt : breakout...
An unusual Head & Shoulder has formed in CIPLA, the right shoulder is much weaker than the left shoulder and could break the neckline without a chance to get in a short position in the retest.
Technical analysis: Welcome to this quick update everyone, In Daily timeframe Chart, Let’s be honest, after such a huge upswing (+50%) $BTC needs at least a small correction as well as RSI did not retested it breakout downtrend, so RSI is also need to be retest it breakout trendline. Yesterday we faced the major resistance at $40,500 and couldn’t break it....
NSE:M_MFIN CMP : 168 Bounce from 10Day SMA. 10Day SMA Crossover 22Day SMA Tgt: 190 & 207 SL : 158 R:R - 1:2 Charts for Educational purpose
MAHINDRA & MAHINDRA is forming a Triangle Pattern. After a good up move it can be corrective wave, and it is constantly taking Support at previous Resistance. There are some more reasons that probably it can give breakout, but, I am not mentioning them, check on smaller time frames as well, and take trade only after your system or rules give confirmation. And...
Technical analysis: Welcome to this quick update everyone, In Daily timeframe Chart, Bitcoin was breakout the Falling Wedge2 and Falling Wedge1 and retested done & Above the Major Daily/Horizontal Support (31k to 28k). Need to break both the DMA {Daily Moving Average (21&50ma)} to be bullish and get momentum from here but The price didn’t manage to break the...
Canara Bank forming a Triangle pattern on daily, might show us some positive move. No trade Suggestions !! Thank you