The stock is trading around the upper channel. The space on the upside looking limited and RR is not favourable at the current levels. Weekly TF view: Price Observations: 1. Even after breakout & restest of major 800 previous ATH levels the moves is slow and choppy. 2. Volumes are dry. 3. Buyers are weak. Now, possible 2 Scenarios here: 1. WAIT FOR THE...
Solana showing steady move and weekly breakout as per the fibo retracements. First resistance of the fibo bottom has bin decisively broken. It's ready to take the next levels.
NSE:EQUITASBNK Last Closing Price: 💵 107.20 50-Day Moving Average: 📈 Crossed Over @ 406.52 (Short Term Bull Run) EMA & MA Crossover: 🔄 Pending @ 104.00 & 102.62 (Bullish Trend Re-establishment Expected) Parabolic SAR: ✅ Bullish @ 99.00 Fibonacci Levels: Closed Above 📏 0.382 @ 106.05 Next Target 🎯 Above 0.50 @ 108.05 (Strengthening Buy Signal) ...
Something is coming, or at least the big boys are expecting something to come. Shows in order flow, company earnings, and I'm pretty sure there was talk about AI. NFA - 340 is my first price target.
Go Long @ 697.1.1 for Targets of 758.05, 819, and 879.95 with SL 636.15 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Hammer...
The 18months correction seems ended in this stock, looks like this stock will test the following targets Target 1: 3614 Target 2: 4002 Target 3: 4639
Looks like Dr Reddys will try to test the following targets Target1 : 5625 Target2: 6205
Star has made a double bottom, looks like it will try to test the following targets: Target 1: 415 Target 2: 515 Target 3: 665 Lets see if this is possible
Looks like SBI Life will test 1580 if the previous high is broken, it might happen in 12-18 months
Looks like there are chances for Bata India to correct 16% from here i.e to test 1278 level this year as per fib level, lets keep an eye on this stock
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
Andhra Petro is making a cup and handle pattern. A breakout will take the price to 186 as the first target. Other factors: 1. Using the Fibonacci tool, we can see the price has crossed its 50% resistance. Ideally, once price again moves above 38.2% is considered to be an entry point. However, given other factors, an entry can be made. 2. Volumes has increased...
Dear Friends, I would like to share my views and ideas in upcoming days. Currently market taken the support at 48619 (weekly support). In weekly chart market closed above 49293. post analysis of trend and probability market is moving toward 51608 and target is 51698 before 21st June.
NiftyIT sector is looking very weak as we have seen a breakdown of support. BSoft is one smallcap IT stock which has big potential to grow in future. Currently, stock is retesting its previous ATH and once stock goes above 650, a good swing trade can be initiated only if NiftyIT turns bullish. If we see a fall in this stock and you are a long term investor, best...
Dear traders,Important daily levels for mcx crude - 06/06/2024 Important support S4-6171, S3-6182, S2-6196 Important resistance R3-6263, R2-6237
Dear traders,daily levels for nifty 06/06/2024 Important resistance R3-23013.90 R2-22845.40 Important support S2-22572.75
💎 Paradisers, #TON has shown a Change of Character (CHoCH) and formed an inverse head and shoulders pattern, increasing the likelihood of a bullish move. 💎 If #TONUSDT breaks above the resistance zone, we can set our sights on targets up to the next resistance levels. 💎 In the case of a pullback, we can expect a bounce from the Breaker Block (With FIB 0.618...
Dear traders,daily support and resistance levels for nifty 05/06/2024 Important resistance level R1-22,244.10 Important support levels S1-21,996.45 S2-21,681.70