the study and analysis based on W D GANN techniques which calculate the date (particular date) when price will reach there and levels which guides the price to reach at particular date
RELIANCE undoubtedly is a stock that managed to dodge the market carnage and gained significantly in the last two months. However the shorter time frame chart suggests profit booking and this could continue. The stock can find significant resistance near 1530-1570 levels. Upper range of this level can be used a stop loss and any move towards these levels can be...
A nice triangle pattern can be seen on the daily chart. There has been a huge spurt in volumes too. With global markets surging, TCS is in an interesting space. A break above 2008 is good for a long. SL plotted on the chart
Keep on radar!
Disclaimer:I am NOT SEBI registered. THE OPINION GIVEN OR THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
The script lost close to 50 percent of its price from the beginning of this year. After falling near to 250 levels prices have been consolidating with an upward bias. If the upper end of the current consolidation range is broken the prices can test 340-360 on the upside. However it remains to be seen whether the prices will be able to close above these levels...
The next 2/1 Support is at 1406 which is unlikely to be seen in near future. The stock has broken support yesterday and today went three and half percent down. I hope it recovers above a level of 1965 in this week and remains above this level for another week which will give us a hope that we have seen the low of Bajaj finance in current times.Watch out that it...
FII bought 19.2 K contract of Index Future worth 1283 cores, Net OI has decreased by 2.5 K contract, 8.2 K Long contract were added by FII and 10.8 K shorts were covered by FII. Net FII Long Short ratio at 0.90, So FII used fall to enter longs and exit shorts.
Nifty open with gap up bulls were able to enter above 9132 but missed our target by few points as high...
Disclaimer
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All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an...
Technical Analysis- The 4 hour right is turning down against 4/09/2020 peak (135.74) but shows a bearish sequence. 1 hour is turning up. However, while near-term dips remain above 131.44 high expect pair to extend lower 1 more push before cycle from 4/09/2020 peak ends & a bounce higher in 3, 7 or 11 swings could take place.
Signal- Long GBPJPY
@129.50-25
TP1 :...
It seems Bank Nifty touched the multi-year channel boundary and went up. It had touched in 2013 and 2016. Is the current down move is done away with? Time will tell.
SBI has the multi-year last support at 135.90 and a multi-year channel support at 120.85. We will know in a short while (say, one month) where the end of misery will be.
Bullish momentum has started in Bhartiartl from 9th April which has touched the ceiling at 569. This zone is a "MAKE OR BREAK" zone as we can see in a monthly chart that it has touched the upper trend line and in this zone, we can see either of 2 things:
a. This time it will break the upper trend and make an all-time high. A bullish trader who also thinks in this...
