M-oscillator
HINDOILEXP: opportunity for steep rise.🔍 Technical Analysis Update for NSE:HINDOILEXP - Week Starting January 23, 2024
📊 Current Status: The stock closed at a high of ₹186.85 on the last trading day. It has been range-bound since August 2023 but recently breached a six-month high before closing just below it.
📈 Entry Point: Consider entering the trade if the price crosses and sustains above ₹189.80 in the next day or two. This could signal the start of a bullish trend.
🎯 Target: The first target is set at ₹196.40.
🛑 Stop Loss: A key stop loss point is at ₹172.85, aligning with a critical Fibonacci level of 0.5 at ₹172.75. This acts as a strong support level.
💹 Key Indicators:
Volume: Increasing volume supports the potential bullish trend.
Percentage R: Positioned at the upper band, indicating bullishness.
Stochastic RSI: A buying crossover has occurred in an oversold situation, further supporting bullish prospects.
🚦 Overall Outlook: The stock is showing signs of breaking out of its long-term range with increasing volume and positive technical indicators. Monitoring the stock's ability to maintain above ₹189.80 will be crucial for confirming the bullish trend.
⚠️ Disclaimer: This analysis is for informational purposes only and is not financial advice. Investors should conduct their own research and consult a financial advisor before making any investment decisions .
🔖 #HindustanOilExploration #StockAnalysis #BullishTrends #TradingStrategy #StockMarket #InvestmentTips
🌟 Stay informed and trade wisely! 🌟
TVS Motor Cmp 1068 dated 21-9-2022 SHOOTING STAR CANDLE AT TOPTVS Motor Cmp 1068 dated 21-9-2022
1. Shooting Star Candle at Top of the chart.
2. RSI reversal.
Sell below 1065 for a target of 1035-1015-1000 SL 1095
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Dr Lal Path Lab Cmp 2333 dated 20-9-2022 BUY@SUPPORTDr Lal Path Lab Cmp 2333 dated 20-9-2022
1. Trendline Support taken & reversed.
2. RSI Reversal
3. Triangle Formation
Buy @ Cmp for target 2365-2450-2550 SL 2250
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
UNO Minda Cmp 592 dated 9-9-2022 ROUNDING PATTERN BOUNO Minda Cmp 592 dated 9-9-2022
1. Rounding Pattern BO @595
2. RSI has Symmetrical triangle BO.
Rounding Pattern Tgt & Fibonnachi 1.618 level has same targets.
Buy for a tgt of 625-775 SL 545
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational
purpose. By no means shall be responsible for
any losses amounting out of it incase if any
trades on it.
It is just a view, pls trade at your own risk.
Titan Cmp 2645 dated 15-9-2022 SELLTitan Cmp 2656 dated 15-9-2022 SELL
1. Dark Cloud Cover Candle Stick (Bearish)
2. Double Top made
3. RSI Breakdown.
4. Trendline Breakdown
Sell below 2645 for a target 2590-2540-2450-
2400 SL 2725
Disclaimer :
I am not a Sebi registered Analyst so please do
your own Analysis before taking any action. The
above view is shared just for educational purpose.
By no means shall be responsible for any losses
amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
PVR Ltd 1830 dated 24-8-2022 Bottom CatchPVR Ltd 1830 dated 24-8-2022
Bottom Catch
1. Support @ 1770
2. Falling Wedge BO
Buy above 1845 for a tgt of 1880-1915-1950-
1975 SL 1770
It is just a view, pls trade at your own risk.
Technical Analysis of Litecoin: 25th February 2018Litecoin has entered into the corrective phase of the Elliot Wave Pattern.
Wave A began yesterday with the bears taking control of the market and the market suffered a major drawdown.
The downtrend is going to continue all the way down until it finds support around the 50-day moving average at a price of about 37.29. This can be a good entry point for going long.
The wave B upwards will be a small wave and it will test the 200-day moving average resistance at about 44.90. Exit the market at this point.
Then the wave C will begin which will took the market downwards. This wave is going to be as long as wave A and is going to find support on the 200-day moving average at a price of about 33.89. This is a good re-entry point. The market is going to go long from this point.
If wave C couldn't find support at the 200-day moving average then the market is going to go down further to test the previous low at around 22.52 which was formed on the second week of December 2018.