Greetings everyone,
I am of the opinion that either the NIFTY50 or the entire market is entering a bearish trend. Starting from today or possibly in the upcoming week, it seems likely that the market will commence a downward trajectory. This projection is based on two potential factors:
Observation of a Head and Shoulders pattern.
The breach of an important...
Be careful with this pattern, sometimes it gives fake breakout and fall, if we get a breakout and confirmation candle we can look for the long position.
WELSPUNIND | SWING TRADE | BULLISH MOMENTUM
CONFIRMATION FACTORS
1) Pole and Flag formation
2) 20/200 EMA Crossover
3) Market structure breakout and good consolidation happening
Bullish Chart Structure,
Higher Lows and Higher Highs formations are clearly visible and it is going to next resistance.
Buy Target : 3843, 3960, 4050+
SL: 3568 (1 day close basis).
Time Frame : 4 to 6 months.
Risk is yours and Reward is too yours totally
This is the plan of USDINR breakout for next upcoming seasons according to price action advanced analysis upcoming target of this currency pair apx is 6-7% in one month
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To analyze the financial health and performance of Magnum Venture, we can look at several key financial...
explained in the chart
Hindustan Foods Limited is an India-based company, which is engaged in contract manufacturing of various FMCG products including food, home care, personal care, beverages etc. They also do manufacturing of leather shoes and accessories
After about 75% from highs, there are signs of strength.
Flag pattern on daily.
Can play for targets 476-488-500-525-548-577-600
Stop loss can be breakdown of Flag or big bearish closing below 420 (for short term traders) and below 400 (for swing traders)
Try long entries when we hit the support (green zone) and wait for confirmation before entering. Analyse the chart, Look at the Fibonacci levels price reversed at 61.8% exactly. We can see the next support was also at the same level.
