Magnum Venture is a venture capital firm that specializes in investing in early-stage technology companies with high-growth potential. The firm provides funding, strategic guidance, and support to help entrepreneurs turn their ideas into successful businesses. To analyze the financial health and performance of Magnum Venture, we can look at several key financial...
Falling wedge. On breakout, it can give a goood upmove till 496-574-691-791 levels. Sl - yours. (It has corrected more than 50% from highs)
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)
This is what I can see now in daily timeframe. What do you think will happen next?
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.
If the green zone breaks the price, then more down movements possible, if it's taking support again in this area the next target is red supply zone
As you see price on the edge of trend line if it shows reversal sign on next week candle then good swing trade possible
Chance for a false breakout, Short after breaking the resistance only when we get confirmation of reversal
JNJ has recently been through a sharp correction in its price and currently, it is trading at $160.39, so when we check the charts on the weekly timeframe we can see that the price has previously taken support from this exact point and has shot up every time, additionally the price has also tested and bounced back from the 200 EMA on the weekly timeframe and...
On a big red monthly expiry day, it has taken channel support. Forms a good risk reward ratio. Can buy for targets 1160-1195-1240 Post breakout, targets of 1290-1365-1415-1465 possible. Keep a SL of below 1080-90 closing basis. *This is a view, trade accordingly. *Trail your profits.
Weekly channel support + reversal on daily charts. Buy for targets 2460-2490-2530-2600 ++ Broader view targets 2900-3000 SL closing below 2300 *Its a view, trade accordingly *Trail your profits always
Banknifty is in uptrend, its Montly and weekly RSI is 64 and almost 60 respectively. Daily RSI taking support @ 40. Its a good buy for swing and positional view. Major support near 41800- 42000 and specific SL below 41635. Banknifty is trading in a long channel and is currently at lower end of the channel. Further for last 3 weeks its is within a range and is not...
We can see divergence on daily TF and from 13 Oct '21 nifty tried to break the 18000 level but couldn't hold it and comes down. It might be an opportunity to shorten the market once it will break 17800 with a big red candle.
Closing above 90 would confirm breakout. Buy for targets 96-105 Broader view targets 112 - 120 SL - closing basis 79
Currently, KOTAK BANK Daily 20 SMA, 40 SMA, 100 SMA, 150 SMA, and 200 SMA are trading within 3% range. Today's volume is the lowest in the past 6 months. Today closed with Bullish Engulfing. Currently Close is below Daily and Weekly 20 SMA. Also As we can see Cipher Harmonic pattern formation on Dailly's time frame. If crosses and sustains above 1854 levels...
FACT is closing the current week with, Weekly High is equal to 3 Week back High. Today volume is akso highest in the month on Daily basis. Trend Changed to +ve Today. Crossed Weekly and Monthly Pivots upside Close is above 20 SMA on Daily, Weekly, and Monthly time frames. Monthly & Weekly trend Changed to +ve RSI- Monthly:56.2 Weekly: 53.2 Daily:...
SWANENERGY -- Crossed trendline, BO with High volumes. Add to watchlist. 2022-10-31: Volume is highest in the current Month. Trend Changed to +ve Today. Also, close crossed Weekly and Monthly Pivots. Close is above 20 SMA on Daily/ Weekly/ Monthly time frames. The monthly and Weekly trend changed to +ve. Also, VWMA on the Daily time frame crossed the...