Ethereum Long Position Analysis After Completed 1st Target , New target is 2000$ ,If ETH Braked 2000$ resistance Than We are entering in Bull Market.
Longposition
"BEL" anticipated range breakoutNSE:BEL is expected to break the range as it is heading towards 50 Day MA upwards.
Target 1 = INR 97.50
Target 2 = INR 101.55
Stop Loss = INR 93.65
The analysis is based on the Fibonacci numbers, MACD and other technical indicators involved.
Disclaimer : The following information is for educational and informational purposes only and should not be construed as financial advice or a recommendation to buy, sell or hold any stock or investment. Technical analysis is a method of evaluating securities by analyzing statistics generated by market activity, such as past prices and volume . However, the future performance of a stock or investment cannot be guaranteed based on technical analysis alone, and other factors, such as economic conditions and company fundamentals, should be considered when making investment decisions. Before making any investment decisions, please consult with a licensed financial advisor and conduct your own research to determine if an investment is suitable for your individual circumstances and risk tolerance. Past performance is not indicative of future results, and investing involves risk, including the possible loss of principal.{/i]
TATA POWER BREAKOUT AGAINT TOWARD 300NSE:TATAPOWER Has amazingly given a breakout from descending triangle pattern from the level of 210 after being in the zone of 200 from long time. Tata power can break new levels in coming future as it is one of the leading power companies in competition with Adani power. You can create a fresh position in Tata power with SL of 200 for the target of 240-250-300. Only enter with good quantity if it will break the 215 with good volume and a Re-test from 210 level.
Buy McDowellMcDowell is at a support on monthly chart and is at previous low. Expect the stock price will go up from here.
Target - 780; SL - 720
HITACHI ENERGY INDIA LTD : SUMMERS HAVE KNOCKED THE DOORHitachi Energy India Ltd is an India-based power technology company, which is engaged in the business of power technologies and provides a range of grid portfolios across the entire value chain. As Summers are approaching , the stock has started showing off its mood. We have seen a breakout at triangle formation. Entry to be taken only after Re-testing of the support at 3184.90.
Awesome Oscillator indicator also showing trend line broken indicating an upward movement.
Long Term target is 4034.30 with stop loss at Support 3132.30
Boost my study , if you agree with me !!!
IEX longThe company is getting back up!
Rsi breakout done. Volumes are coming in. Energy sector needs focus
Levels are marked SL and targets as per your appitite.
BAJAJ HOLDING : BREAK OUT ON WEEKLY CHARTBajaj Holding and Investment , India Based Investment and Holding Company which focus on income from dividends, interest and gains through investment held. The stock is in uptrend on daily and weekly time frame and currently was in retracement move. The move seems to be over now as the stock is stuck in a range and forming a PENNANT PATTERN. We may see breakout any time. Break out may lead to a new 52 weeks High. The Fundamentals of Company are strong with a Market Cap of Rs, 67,345 Cr and YOY stock yield of 15.76 %.
Analysis on Weekly Chart :
The technical indicators at current level are as under :
CMP : 6094.90
MA20 : 6038.13
MA50 : 6027.74
MA200 : 5975.53
RSI : 62.97 crossing over
MACD (12,26) : 14.020
ADX (14) : 33.12 ( Directional Strength - In range )
ATR (14) : 44.65 ( Highly Volatile )
Volume is Far below from the mean value, no buyers seen yet, however the stock is waiting for them resulting into break out. The stock regain its upward trend from 4541.30 and as per Elliot wave theory , we may see the third wave in this breakout.
Be prepared for the breakout in a or two days and hold for target 3 or a new 52 week High.
Breakout of cup and handle in NMDC share. You can open up the chart and look at it in any time frame.
HAL FALSE HEAD AND SHOULDER BREAK DOWNThis has reference to my previous study on HAL dated 16 Feb 2023 and the chart detailed above. The scrip is now coming to the entry level . One can enter the trade after price action only and set targets as detailed in the chart.
long trading looking very good if the market support this movei am pretty sure that it will react to market behaviour based on my experience this would be great trade if market conditions stay above 18000
FINNIFTYHi guys, In this chart i Drew My Best Levels in FINNIFTY for Buying in Intraday, Observed these Levels based on price action and Demand & Supply. Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
KSCLForming Cup and Handle pattern on daily chart pattern. Levels are marked on chart. Possible upside till 680. SL < 505.
"Analysis is only for educational purpose and not a recommendation"
KPIGREEN - Positional tradeKPIGREEN - Positional trade
Long at 463 with SL at 440 and targets of 510, 540, 560
Follow strict SL.
Only for educational purposes ;)
skmeggprod break of trendline1.Break of trendline
2.Earnings expected to release tmrw
3.Performance was good
btst stock can expect 3-5%returns
AartindAartind has been falling since 149 days and has reached its previous long term support and has formed a beautiful bear trap.
Bear trap logic- it has broken the support causing people to go short and after a few days the market moved higher on very high volume
trapping sellers and has broken the falling trednline
STOP LOSS: below the trap
Traget: 707.75
reliance bear trap reliance has been falling since 74 days and has reached its previous long term support and has formed a beautiful bear trap.
Bear trap logic- it has broken the support causing people to go short and after a few days the market moved higher on very high volume
trapping sellers and has broken the falling trednline
STOP LOSS: below the trap
Target: green line
Delta Corp BuyDelta Corp Limited, previously known as Arrow Webtex Ltd., is an Indian gaming and hospitality corporation that owns and operates casinos and hotels under several brands. It is engaged in casino gaming, with the majority of its offshore casinos in Panaji, Goa.
PNB housing - daily After a rounding bottom breakout from 465-70 levels, it has tested 533-40 range and even done multiple retests.
Targets of 533-550-585 on daily charts and even higher targets of 585- 640- 695 possible after breakout from 585 levels.
SL can be around 460 for now but use trailing SL for positional trades.
BF Utilities - weekly.Rounding bottom + flag + retest.
This may take some time but can give a very good upmove till 429-492-538-603 levels.
Sl can be the flag retested trendline.
Swing entry chance in LICHSGFINNSE:LICHSGFIN
There's a trendline which acts as support for the stock in 1 hour time frame, chances are that it might take support at the trendline again, if that happens we can take a short term entry on the stock and hold it till it reaches 143 levels as there is a resistance. If the price doesn't go back to the trendline to take support instead moves up and a breakout happens then we can enter above the resistance zone drawn using the rectangle and keep a target till 143, which might give 2-2.5% returns.
