The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets...
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets...
This is 1D timeframe. Infosys have formed a inverse head and shoulder pattern with a morning star at bottom in head. Last three days, 2 good bullish candles, but the volume is average so I need more confirmation to initate the trade. Will wait to get a closing above 20th July candle with volume support. Then I can target the 1660-1670 zone. I can keep stoploss...
Shiba is trading at ideal support zone at the starting point of wave cycle, but to confirm low/support in place and bullish reversal, we need to see a recovery at least back to 0.00001435 area and more strong above 0.00000200 area. (One can go long after these confirmations) on the way down 0.00000450 levels are major support to watchout for. As per Elliott wave...
I daily make educational videos on Financial Markets Financial and Technicals both are discussed in the above video with the Price action study
Asian Paints is in downtrend and it has formed a Morning Star pattern. Volume is also good. Trend reversal may start from here. Presently it is at a very crucial support as indicated in the chart. Trade Carefully!!
Tega industries had listed at around 761/- ( 68% premium to its IPO price of ₹453 per share.) Its now at 447 (almost 1% less than IPO price). Chart shows Morning star pattern with a substantial high volume as indicated in the chart. Looks set to go up in near term. Trade Carefully !!
L & T has formed a Morning Star, possible indication of a trend reversal. MACD has also given a breakout. In the near term may give good returns. Trade with Care!!
The green zone is a supply-demand zone where tata motors took resistance two times and at the third time as it touches the zone gave breakout on higher side. It is the first time when it came back to the zone where the zone will behave as support. It will move in the upcoming weeks if sustain above zone. I attached a chart of NSE:AMBUJACEM , its chart also look...
As per the 2 Hour Chart of RUPA, we have witnessed the Formations of a “Bullish Engulfing” and a “Morning Star” Pattern on the downside levels. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein, the stock is being expected to face a resistance initially at around the levels of 496.10, 505.80, and...
NOCIL is in formation of morning star pattern and is exact levels to take support and bounce from here. These kind of patterns are very much promising and good for swing trade. levels are self explanatory on charts. Disclaimer : This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your...
CEREBRAINT. makes morning star pattern on their support and following parallel channel.. so, strong buy for good targets
The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
As per the 2 Hour Chart of JK PAPER, we have witnessed a Formation of a “Morning Star” Pattern on the downside levels. Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 228.20, 232.25, and 235.55. Whereas, on the other hand,...
The analysis is done on daily TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock...
As we see TATA MOTORS is taking support from its major trendline and forming MORNING STAR candlestic pattern . we can go long by keeping our stoploss below the last swing.
- Recent downside move of 34.33% - ADX turning downwards (both adx & -ve DMI) - "Morning Star" pattern on Daily chart with adequate volumes - RSI at level 40 from below to upwards Today's closing above the bearish candle on 14 march'2022 , should trigger an up-move and the target can be 513-518 levels (13%)
Lal Path labs has created a textbook morning star pattern and one can look to add for first target of 2750 and then the profits can be trailed. The stop loss is marked which is a very big support.