NSE:VLSFINANCE Stock trying to form inverse head & shoulder pattern. Still right shoulder formation is going on. In the first phase, the price of this stock is likely to touch the top of the right shoulder. Buy sustain above 215 rupees. Target is 225 to 230 rupees. Stoploss sustain below 205 rupees.
The weekly chart for "Embassy Office Parks" indicates strong performance, with the potential to reach higher levels in the upcoming weeks.
📊 Bombay Stock Exchange (BSE) - Technical Analysis - 02/02/2024 Current Status: Closing Price: 2,493.45 📈 Gain: 7.31% ✅ Fibonacci Level: Above 0.786 🌀 Recent Trend: Reversed Downward Trend ↗️ Above 50-day Moving Average 📈 Increasing Volume 📶 Technical Indicators: MACD: Crossover on 31/01/2024 🔄 Static RSI: Bullish Crossover on...
Nifty made a good triangle pattern in 15 and 5 min Timeframe and gave a breakout and retest scenerio on 21700 levels. Well, since tomorrow is a BUDGET day which is gonna be released on 11 am. I am gonna avoid all the morning trades due to the volatility in the market in the morning session. Premiums will be high too in the morning because FIIs/DIIs will be waiting...
📊 Safari Industries Technical Analysis 📅 Date: 31st January 2024 🔵 Closing Price: ₹2031.90 (↑ 4.6%) 🎯 Technical Indicators: Fibonacci Level: Closed above critical level (0.5) at ₹2025.75. 50-Day Moving Average: Surpassed 50-DMA at ₹2030.33. EMA & MA Crossover: Bullish signal with the red line crossing above the yellow line. Parabolic SAR: Two...
Structure is good for entry but their are more levels pending that are unmitigated to price might trap and test those level too.
🔍 Technical Analysis Update for NSE:HINDCOPPER - Week Starting January 23, 2024 📈 Entry Point: Consider entering the trade if the price crosses ₹275.40. 🎯 Target: Aim for a first target at ₹289.45. 🛑 Stop Loss: Set your stop loss at ₹230.60 to manage risk. 💹 Indicators Summary: Parabolic SAR: Buy signal initiated around ₹245.00. EMA & MA...
Dmart is looking good going to take an entry soon when it will hit the required price. Very good and beautiful structre is their it's a high probability trade.
Pre-Budget Nifty analysis #Fibbo Levels If market like budget presented (although interim) market may move little bit upside else down as per Fibbo levels mentioned on chart.
It's structure is good and at in extreme discount. Below these levels, it will change its structure to the downside so high chances of reversal from this zone. We can plan an entry once it changes its structure in a smaller TF and gets aligned with HTF.
Price retraced back to 61.8% fib from highs & holding nicely above 30 week ema. Quart. result date is near, if numbers are good it can be a good potential upside candidate. Disclaimer: Not Sebi Registered. Chart shared only for edu. purpose, Not a Buy/Sell recommendation.
Nifty is on make or break level. It form H&S pattern on weekly chart with neck line 21370. Current week will be the high volatile due Budget and FED meeting outcome. Nifty may test 21970 on higher side in under high volatility of both event. if It test these level during budget speech and break lower level on down side 21370 on weekly chart H&S pattern will be...
1.at good support level 2. fibo .61 support 3. stock move down but volume dry (accumulation zone)
I think after long time underperformed, it's try to bottoming out process Personally I m not trade this commodity
Copper is ready for massive move after long time consolidation How to trade it? Stoploss 713 target 740 If break above 740 next target is 760
IFB Industries- 0.618 retracement done on monthly long back. For the past 2 years, its undergoing a big flag pattern. So will explode once it breaks up. The point to be noted is, even if it breaks up in daily, wait for the weekly candle close atleast for safe trade. If not keep the stop loss as the candle close within the channel after breaks up. Paisa double...
Motilal Oswal has given a massive breakout of year 2017 on daily chart. This stock has given almost 80% return in year 2023 and around 30% return in last one month. This breakout is all time high for this stock and entered in blue sky zone where there is no resistance upside. Generally stocks gives huge returns after all time high breakout. The possible targets...
On Monthly time frame it's forming a marubozu. On monthly timeframe if we take last swing (Oct-23) and mark a fib-retracement, it's show price is in 0.5 & 0.6 area which is a crucial zone also a touchdown to 9 EMA . Downtrend scenario If Jan-24, candle close below 44590, it will confirm a Major time reversal and we will be able to see further. Uptrend...