Reasons for being bullish on Jyothi Lab: Rounding bottom breakout. The bottom is created over last one year. The same level is tested this time thrice, since last one year. So long term resistance level breakout. Friday's candle is a clear Bullish Tweezer Top (Thursday & Friday candles lows are same, polarity opposite). Friday's candle totally engulfs...
W pattern breakout with high volume. Low of the day does not break the 5 EMA.
A cup and handle pattern is about to form. However the alligator's lip-teeth-jaw are coming closer and coming flattish slowly. That's a concern. Also there is no upsurge of the volume. If it breakout the neckline of 5450, it may go up. On the other hand, a breakdown below 5200 can pull it down further.
A clean breakout with high volume is seen in this stock. The Breakout is above a good among of range bound consolidation. Two consequitive days it makes big upmove piercing the long time neck line. Williams Alligator is also moving upwards.
Chart is showing clearly a bearish divergence in 15 minutes. If it will sustain above 16500 for longer period ( sideways) then market will go upside or else we can see a reverse scenario.
As we can see in the chart pattern I’m bearish considering the fundamentals and geopolitics/war too We can see nifty in a multi year bull run from mid-nov or December. NFA NSE:NIFTY NSE:BANKNIFTY
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Short Short and Short. Good opportunity to short JK cement. Forming H&S formation at this levels. Neckline is breached confirming the downtrend. Good risk to reward ration in trade. Spot Price - 2265 Stop Loss above Neckline n closing basis. Target 1 - 2100 Target 2 - 2050 Target 3 - 1850 @forextidings @vivek_mashrani @tradingview_ @investing @Shorting
Hello !! Welcome to the quick update of LIC INDIA share, one of the biggest IPO that was listed today morning. Even after a lot of hype and huge market share, LIC IPO was not given much importance by the investors. The IPO was listed at a discount of around 9% at Rs 872. The retail investors got the gains as the IPO was provided at a discount to them. However,...
NSE:BANKNIFTY1! bankNifty analysis important levels are marked on the chart. please always trade with stop loss to avoid big drawdown. Happy trading & keep learning
Inv H&S is being formed in BNF Active above 34600 Target 35000 Gap Filling Zone Idea Invalid below 34350
Hello !! Welcome to the quick update of TATAMOTORS. After a huge rally until 536, it took a correction. The correction is very much important for any stock to make a new high in the long term. With the onset of various wars and market factors, it dumped badly. As of now, it is trading at around Rs 395. I think the stock should take a bounce from here as shown in...
Hello !! Good Morning !! Welcome to the quick update for HUL. Hindustan Unilever Limited is a consumer goods company that specializes in daily-use items. It looks good both technically and fundamentally as of now. It was under a falling wedge for a long time. As of now, it has finally broken its long-time resistance of Rs 2210 and is currently trading around Rs...
Multiyear Breakout stock near it's resistance level. Multiyear CUP pattern. Weekly chart Strong under current in stock keep on radar for BO. Chart shared for educational purpose.
SAIL is in limelight for the breakout of the Inverse Head & Shoulder pattern and falling channel, so I thought to take a look. It looks like SAIL is getting ready to resume its uptrend. • There’s an Inverse Head and shoulder pattern formation with the neckline exactly at a Strong Support & Resistance level . • We can draw two falling channels on the price...
Welcome to the update for BHEL for long-term holding. It was in a downtrend for a long time. It finally broke the trend and is ready for another leg up. It retested successfully and is currently trading around Rs 54.90. It can show a potential rally of around 42% from here as it looks good both technically and fundamentally. The expected entry range should be...
Hello !! Welcome to the update for TATA POWER for long-term holding. After consolidating for around 5 months, TATA Power broke out of the channel and is currently retesting the resistance turned support. It can show a potential rally of around 40% from here. The expected entry range should be between Rs 248 to Rs 259. The target is expected to reach around Rs...
Fierce fall, giant company. Expecting it to bounce to fill all the 'inefficiency' Tight stop of 2.3% with 5RR+ reward GL/