KAVA/USDT is currently trading on the last known order block. If the price bounces from here, we could see a huge upside potential. Given that the risk-to-reward ratio is at least 1:10, this seems to be a perfect opportunity to go long.
CMP 1349.30 The stock is showing reversal signs in the last few sessions. The logics are indicated on the charts. MACD is also showing reversal signs even on weekly charts. Above all, the risk-reward is pretty good at this point. If gains momentum over 1350, targets may be 1460/1550/1640. If sustains below 1300, that will show weakness on the charts. One has to...
Topic - Banknifty Important Levels and Zone Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK appears to be in uptrend. And this trend seems to be continuing further. Price is above an important level of 49293.75 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of Nifty Bank...
Topic - Banknifty Neutral Levels and Zone Tomorrow's movement Prediction of Nifty Bank NIFTY_BANK appears to be in uptrend. And this trend seems to be continuing further. Price is above an important level of 48964.07 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of Nifty Bank...
CMP 3658 on 29.04.24 The chart explains the support and resistance areas in recent sessions. According to the scenario, if the stock does not sustain above 3730, may go weak in the next few sessions. One should sell between 3650-3700. Targets are mentioned on the charts. This setup fails if the price sustains above 3730-50. One has to plan the position size and...
Topic - HCLTECH Neutral Levels and Zone Tomorrow's movement Prediction of HCL Technologies Limited HCLTECH appears to be in downtrend. And this trend seems to be continuing further. Price is above an important level of 1344.79 on charts, and as long as price remains above this level, the uptrend of stock might continue. Tomorrow's movement Prediction of HCL...
Topic - CRUDEOIL Important Levels and Zone Tomorrow's movement Prediction of CRUDE OIL (Kachcha Tel Oil) CRUDEOIL appears to be in downtrend. But this trend seems to be weakening. Price is below an important level of 6495.36 on charts, and if price remains below this level, then stock might show a fall in short term. Tomorrow's movement Prediction of CRUDE OIL...
Topic - Nifty- 50 Neutral Levels and Zone Tomorrow's movement Prediction of Nifty 50 NIFTY_50 appears to be in uptrend. And this trend seems to be continuing further. Price is below an important level of 22622.71 on charts, and if price remains below this level, then stock might show a fall in short term. Tomorrow's movement Prediction of Nifty 50 NIFTY_50...
CMP 2530 on 29.05.24 It can be seen on the charts that the price has reversed many times from the trendline in the last around 2 years. If the pattern continues, may go bullish again. The risk-reward ratio is quite good at this level. This setup fails if the price sustains below 2475. Targets will be 3000 or even more. This is only for learning and sharing...
CMP 1817 on 02.05.24 The stock price has tried several times in the last 12 months to cross the resistance levels around 1800. This time consolidating near the zone. If crosses this time, may go to 2250. One has to choose the position sizing carefully, keeping the risk management or exit in mind. This is only for learning and sharing purposes, not a trading...
It can be clearly seen that the stock price has been moving in a rising parallel channel for the last two months. If the pattern continues, the price may go to 1380/1420/1450. This setup fails if the price remains below 1300 levels. The above illustration is only my view. Only for learning and sharing purposes, not a piece of trading advice in any form . All the best.
The Green line is marked for breakout, The Red line is marked for breakdown, The Black lines are for the target. Stay tuned, if any levels occur, I will update you in the comment section.
PFC consolidated 3-4 months, now stock is given break out from resistance zone, due power demand increasing, stock can be perform very well in up coming days. i am seeing 20% upside potential in this stock. even risk to reward ratio is higher.
The stock is forming a rising wedge pattern on the daily chart. This time at the lowest edge of the wedge. If bounces back from these levels, a bullish run may be seen. Currently at 1475 around. One should exit if sustains below 1460 ( below the wedge formation). This illustration is only my point of view, for learning and sharing purposes, not a bit of trading...
As you see on the charts, if the stock crosses 550 levels and sustains above, it can be considered as the breakout of the Cup & handle pattern. Also, the rising parallel channel will be giving scope for a further upside move. If does not cross 550 and not sustaining above, then this setup fails. This is only one view according to the chart patterns, there may be...
For the past 12 months, the stock has been moving in a rising parallel channel. This moment rests at the lowest edge of the channel. If takes support and bounces back, there may be a bullish phase. Possible early targets may be 2600/2700. The setup fails if the price trades below 2340 ( below the channel). This is only for learning and sharing purposes, not a...
The stock price has been coming down in one month from 7800 to 6600. This time consolidating at lower levels, and support also can be seen on the charts. If bounces back from these levels, may go in an uptrend. Projected targets are indicated on the charts. If closes below 6520 for two days, may go weak according to this setup. The risk-reward ratio is good in...
For the last 3 months, the stock has been trading in a range that is forming a downward parallel channel. This moment, just close to the upper side of the formation. If breaks the upper level and sustains, this could be a breakout of a parallel channel. Targets may be 3245/3440 or even more. The setup is with a good risk-reward ratio. The entry point should be...