SKFINDIA:- The stock has broken its lower high lower low pattern and has also given a breakout of the trendline at 4372.50. If the price sustains then we may see upside movement. Keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be...
Attached: BSE Sensex Daily Chart as of 25th April 2023
Yes you read the Title of this Post correct, to put it simply:
Nifty is Deceptive but the Sensex is Truthful
In the above BSE Sensex 30 Chart,
we see that Price is facing Resistance at the Channel Trend Line drawn from the December 2022 High. There are presently 3 touch points already for the Channel and...
Hi
I am late to read this chart, it is evident that Zomato has broken the falling trend few days back, retested the same and now looking to reach ~60 or so. I have just purchased this on the current market Price.
Will probably look closely if this is a fakeout.
Also, the fib range from Jan 2023 are also giving an indication that the stock is not going below...
*** This is a monthly time frame analysis so this will be used for medium term swing trade.
***All time high was made in 2007 , was 250-260 precisely 261 and it never broken till now.
...
ON DAILY BASES EURO IS STILL GOING UP BUT WE NEED WAIT FOR OPENING LONGER POSITION OUR TARGET IS THE RESISTANCE 1.21700 IF IT BRAKE THEN WE SEE A NEW TREND TO UPSIDE AND IF THERE IS ANY HUGE SELL HAPPEN THEN OUR TARGET IS 1.20900.
Don't Forget to comment to share your opinion.
IOC | Nice retracement after Swing High breakout (Dow theory)
CMP : 106
SL : 98
Target : 150, 160
P.S : I'm taking it for long time, allocated a small capital. Unless SL is hit i'm planning to hold for 1-2 years
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BANKNIFTY is sequentially making lower highs and lower lows , thus breaking the structure, on Friday BANKNIFTY retest its previous lower high and exhibit a sharp retracement towards the down side in order to make a new lower low.
BANKNIFTY might hold on its fall for a day or two in order to factor in budget news, but since the long structure is broken we can...
