Chart is self explanatory. Ideal scenario will be a day or two consolidation at current levels which will make the momentum oscillator cool off to 78-82 range. Post this consolidation, we may see the explosive move. And everyone knows, an explosive move in this index means a lot for riskier asset classes. Savndhan Rahein Surakshit Rahein
Trade idea logic: 1. High volume followed by big green candle. 2. Consolidating and slowly moving up. Looks goods for medium to long term gain.
Hello Guy's, i have brought another analysis on stock which has given a proper multi year breakout on chart. Let's analyse and will see if we can do anything from this stock.. Well guy's Now a days all government stock is making new highs due to Chandrayan limelight and some government recent events..This Ptc Stock has given a huge breakout on monthly timeframe....
BUY - AIA ENGINEERING CMP - Rs. 2770 Target - 1: Rs. 3100 Target - 2: Rs. 3500 . . . . Follow me for more!
As per price action analysis, for educational purpose, my view on JBM AUTO has high probility to go up 15% or more within 10 days. You must study the fundamentals and other technical aspects. Only for your eduactional purpose.
TWL Time Frame - Weekly Chart Pattern - Rounding Bottom Pattern Strong Support Near 150 Negatives - Volume too low as price is increased Must enter after big volume confirmation upside
The index is exhibiting the bearish divergence on the hourly timeframe. It is already quite extended and is also now forming dark cloud cover candlestick pattern which is a bearish pattern. There is also a resistance here on the daily charts. All put together looks like a good short sell.
Reasons: 1. Downtrend channel breakout 2. Flat pattern breakout 3.Uptrend
Closing Above 50 Ema and candles with high volume NSE:GREENPANEL
I daily make educational content videos for swing / positional trading
Analysis on 9th February 2023 -Took Support on Black Trendline. (BUY) -ITC breakout and currently All time high. (BUY) -Stop Loss (346.90 rs) can be low of Big green candle because, High volume breakout which is also consider as a trustworthy Move. (BUY) -Indicators Also showing HL while Price Action is Making HH, which is Bullish Continues...
Finally , ABB Has given breakout. But the pattern is not looking very strong. I will enter the trade, but not with full allocation. Manage your trade accordingly. ***RESULTS CAME TODAY, and they were good***
Ugar sugar is attempting a breakout Today. Have taken early entry at 112. Deployed 40% trading allocation. Safe can wait for day close. Sl 107.5
Godrej Prop has retraced 77% of WAVE 1 of 3 so we will can at least expect 1.618 times extention in Wave 3 which implies prices are heading towards 7700 levels in in 2-3 years. SL 1005.
EIH Has given breakout, Buying 50% qty at market, and rest will buy at Retest.
Oriental hotels setup looks decent. Expecting some good move from here.
Apollo pipe breaking out of resistance zone. Added 50% trading qty at 580. Keeping SL of 550.
#shilpamed Added 40% qty at 270 Sl is wide , 250. So safe can enter on retest #vr