Resistance at 176. Here price touch 3 times and create a bearish pattern . I have draw a blue color line . Above this line you can take trade for a target of 175-176. If price continue below this blue line then wait for 169 then short yourposition.
Reasons To Enter : NSE:ASIANPAINT 1. Stock about to breakout after consolidating for a almost a month . 2. Crude Oil is going down , so considering the inverse correlation between crude oil and paint stocks , we can see demand going up as oil gets cheaper . 3. Stock closing above both 50-9 EMA 4.Breakout , retest already done . Now price might go up...
Lots of News and Up n Down. Will More fall be there in Crude or it will Consolidate here for sometime. We will wait for inventory Data and Any news RED SEA NEWS and WAR NEWS will have major impact on this.... Till Enjoy weekend and do your study chart and levels is here.. :)
price hovering between the order block from higher time frame and other factors considering that crude is good option to go LONG like to target near 6800 and 7200 levels further updates will be add on as per market movement
Symbol : USOIL USOIL is currently trading in a falling channel & consolidating in demand zone. Breakout of this channel & area will lead to a bullish upmove. One can Long in USOIL at Current level 72. SL : Below 70 Target : 75.50 - 78 - 82
The market is overbought at around 76.46, we are expecting a Sell off for about 200 points, This will also mark a weekly correction. The fundamentals are currently supporting this move.
Stock is down almost -9% from it's freak trade all time high 150233 dated 17 Jan. 2024 There is only strong resistance around 145800 All other unnamed green horizontal lines could be work as short term support to bounce back and profit booking from short postions. If Green line broken down decisively then "Support becomes Resistance" theory suppose to be...
CRUDE 4h chart update as expected price have pushed up into the 4h extreme FVG if price give a structure change in 15min we can look for entry in short here.
Symbol : Crudeoil or USoil Time frame 30 min Analysis: Breakout happened on the resistance line with high volume. So we can expect a target of 77/78. HOPE our analysis is adding value to your Trading Journey. NOTE: Published Ideas are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. NOTE: RESPECT The risk. SL should not be more than 2% of the capital.
Symbol : Crudeoil or USoil Time frame 30 min Analysis: Breakout happened on the resistance line with high volume. So we can expect a target of 77/78
Hi. Kindly read my note in chart. Thank You. Crudeoil is Neutral trading at current level, If it will get some crazy volatility then trend may shift to positive or negative. Moreover we should not ignore any side breakout or breakdown. Here is less chance to fake out or shake out. All of mine details are subject to market risk, kindly take some advise on it from...
parallel channel with cup and handle formation. which mean continuation of prior trend.
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: “Remember how things were looking weak on the 8th and 10th of Jan and how Nifty turned from there? For tomorrow, the bullish stance continues and the first support will be the ascending channel top-line ~ 22050 levels.” 4mts chart Nifty hit a new top of 22124 today and just when everything was going in...
Price have filled all the FVG in 4H chart and have given signs of continuation of downtrend. Jumping down to 1H chart we have trendline breakdown and re-test on OB+FVG done expecting price to keep pushing down.
• Buy MRPL at 155 SL 146 TGT 201 • It has broken 16 years cup • Successfully closed above previous resistance of 148.95 • Fundamentally looking good • Sector also supporting
Indian Oil Corporation Limited is engaged in refining business. The Company's segments include Sale of Petroleum Products, Sale of Petrochemicals and Other businesses. TTM EPS: 17.36 TTM PE: 5.43 P/B: 1.00 Mkt Cap (Rs. Cr.): 133,022 Dividend Yield: 3.19 Sector PE: 30.01 Book Value Per Share: 94.73 Some Positives: Strong Momentum: Price above short, medium...
Silver appears short term bullish after trapping all buyers.
Long in Oil India With SL 377 Triangle Breakout Might continue Previous Rally and that is how Market runs ... Rally-Consolidation-Rally Risk Disclaimer - Trade at ur own Risk