Its following a channel.. currently breaking out and might retest in coming days. DAILY RSI is 70 showing strength / Weekly RSI is 66 ( Showing strength) Monthly RSI 49.12 . Ideally I would want it to be above 50 but this is good and should get over 50 by the end of the month.. Price might jump to previous highs
QQQ rose steeply due to great earnings response from Apple and jobs data today. We are currently at the 61.8% (435.52) of the earlier down move. Huge gap (427 - - - 434.50) left out due to the premarket open moves. Great trade with a good R/R Entry at 435.52 | SL 436.75 | TP 431.23 Careful around the 433 point as we may take support days low (since opening) PS...
#swingtrade #swingtrading #swingtrader #swingtradesetup #iiflsec #iiflsecurities #trendingstock #momentumstock #Riskrewardtrade IIFL Securities : Momentum stock >> stock testing & trying to break the gap down levels >> Higher lows are formed >> Good overall strength in stock and its setup >> perfect Fibonacci setup >> undervalued underperformer stock >> low Risk...
Crude oil will fall till 6000 Level CMP is 6830----Date 23/04/2024
Near ATH, Always focus on right entry with max 6-7% stop loss. Part booking is what you need to opt for time to time when stock is about to consolidate. DISCLAIMER: There is no guarantee of profits or no exceptions from losses. The stock and its levels discussed are solely the personal views of my research. You are advised to rely on your...
A fresh business order has increased the share price of KEC International. The share price has rebounded at its correct levels, and in the next few days or a week, we may expect a short-term aim of Rs 800 price levels. The share will climb much further upward if it breaks through the 800 price levels.
1. set up: Fib reversal point 2. Trend Bullish 3. Strength strong 4. RR 1:3
The latest Fivestar weekly chart suggests a potential breakout on the horizon, with the chance of reaching higher Fibonacci levels.
NSE:KNRCON stock is break the symmetrical triangle pattern. Buy entry is break and sustain above the 306 level. Target 1 315 to 320. Target 2 330 to 345. Target 3 375 to 385. Target 4 410 to 435. stop loss break and close below the price level 250.
Naukri has made a double bottom 4300 is an immediate resistance, hoping it will break that resistance and chances to reach 6540 Immediate Resistance: 4300 Target: 6540 Lets see if this is possible or not
#VATECHWABAG #WABAG CMP 977 Support Zones 900, 850 Targets - 1150, 1300
Watch out IONEXCHANGE for S&R flip. Its one of the companies operating in Water sector.
Nifty Metals. Will it head to 7967? Riding the dark horse. Kalyani Steels.
Birlasoft showed good strength earlier. Consolidating in the zone. Will rise again from the last support.
All important thing is mention in charts, it's very simple analysis, please like & shere
After a big sell off that came at 18350 level down to 17000 level last week, we have seen good bounce back due to mag 7 earnings. We are currently approaching the previous support level of 17800-17850 levels, which I expect to turn into resistance now. Coincidentally Fib 61.8 level is exactly in the same zone at around 17825. Will be looking for a short...
Looks like Tech Mahindra might try to test the following targets in 1-2 years Target1: 1630 Target2: 2315 Lets see if this is possible
Gold on daily chart price is trading at 71160 level. Having a strong support at 70600, On the upside 71800 will be a resistance zone.