UPL by KRS Charts21st October 2024 / 10:05 AM
Why UPL ❓
1️⃣ UPL is Bullish Stock long term wise with Decent Fundamentals. 📈
2️⃣ Recent March Low seems like Higher Low in bigger picture ✅
3️⃣ UPL has Formed Inverted H&S and Breakout from it and currently Reversing to Bullish again after Retesting from Prev. Resistance. ↗️
4️⃣ 1D TF, Bullish Hammer is visible and today also moving strong Upside 🔅
UPL Target 716 Rs with SL of 520 1W Closing Basis
Longs
NMDC by KRS Charts 24th September 2024 / 10:30 AM
Why NMDC ❓
1. Today Gap-up and Strong Green candle with Good Volume and with Higher Low.
2. In 1M, it's a retest for Accumulation on resistance it broke before.
3. Conclusion in series for Easy Understanding,
⚡ First Accumulations > Breakout > Retest > HL > Today's Breakout ⚡
Targets are in the Charts many more Upside but after current Targets achieved 👍
SL is 190 Rs.
Yen to go bulls till 162... Greetings fellow traders!
I have always been majorly bullish on the Yen. I expect to see it tap 200.000 some time in the future. But that's just a weak expectation and not a proper forecast. Let's get into what 'my' forecast is.
Yen swept the sellside liquidity below 140.000 , which was Dec'23 swing low, in Sep'24. The structure shifted on the weekly timeframe (marked as wmss) with a strong bullish marubozu type bar, showing the excitement and strength of the market.
The seasonality of Yen tells us that the pair tends to peak around November-December . Now, if we club this with the current scenario and data, we can expect market to hit 162.000 before New Year 2025 . Is that a necessity? Of course, no. But that is what we expect after reading the market. What does @I_Am_ICT always say? The market does not have to get to where we want it to go, to be profitable.
The major concept that I've applied in the whole analysis is Purge and Revert on the monthly timeframe & clubbed it with various other scenarios and timeframes to conclude to this analysis. There are certain levels and imbalances which can be of value and have been marked on the charts attached. One may refer to them for more info. Trading conversations are welcome.
PS- It can be expected, looking at the daily and LTFs, that some retracement into discount prices is possible before a rally.
Have an insightful trading week ahead!
Disclaimer- All content is for educational purposes only and not trading advice.
IGPL waiting to settle to form support to go LONGAs per my study and analysis, I find this for education purposes only that its not any buy recommendation.
I found that the trend line resistance was broken and support was taken but at the same time the pattern formed seems to be a cup and handle pattern in charts which after break out would just burst to new highs with a time span
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Disclaimer - This is not a Stock recommendation.
Investments in securities are subject to market risk. The value and return on investment may vary because of changes in interest rates, foreign exchange rates or any other reason.
It's an educational post for analyzing, learning & discussing general and generic information related to stocks, investments, and strategies.
GANESHH is Ready to Soar Beyond Expectations!## Trade Details
- Name of The Stock: ****Ganesh Housing Corporation Ltd****
- Type of Trade: Momentum Investment or Positional Trade
- Duration: More than 60 days
- Entry Level: 460.00
- Stop Loss: Initial 410.00 (Trail accordingly)
- Target: above 750.00
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## Chart Details
- Breakout with Huge volume
- Good Q1 results declared
- Relative Strength (RS) positive
- RSI is also showing strength
- Good time to take position
Bitcoin ParabolaIn my opinion, bitcoin will bottom out nearly at $1800 . Therere is still selling pressure around the market. The Market can is on capitulation and will turn to accumulation stage, which will help bulls to enter the market again for bigger gains. Once the bottom is reached the market will recover and go for a new high.
This is not financial advice but is my opinion over the market.