TataMotors breaking f&p pattern on weekly basis with good volume RSI strong trading above 20 ema #target can be 1400+ EDUCATIONAL IDEA
DLF We are looking at daily charts of DLF - the stock looks like trading in down trend channel since Apr 2024 - the stock is trading below both 21 day and 63 day EMA - 21 day EMA is below 63 day EMA - channel resistance around 840 Chart structure is looking weak - likely support zone around 200 day EMA which is currently around 769 Given the set up and my...
Whenever market weakness take it to 50 ema, it bounce back strongly : showing big players buying at so called "dip" And now after budget day shakeout it gapped up showing urgency and accumulating near old BO level. Check vols: Green > Red
Sonata Software has given a breakout of the price range with huge volumes. We can see price moving towards ATH. Other factors: 1. Tech sector is moving upwards 2. RSI is above 60 showing bullishness 3. MACD is positive 4. Fundamentally stock is great "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!!
Resistance Levels (Red Dashed Lines): Around 363.15 Around 278.55 Around 114.77 Recent Price Movement: The stock price is currently 57.83. The price has shown a significant upward movement recently, indicated by the blue candlesticks. The stock has broken above the 200 EMA, which is a bullish signal. The stock has also broken its 52-week high, further...
The Hindustan Copper chart presents potential trading opportunities based on key resistance and support levels, coupled with the 50 and 200-period moving averages. #### Key Levels: - **Resistance Zones:** 335-347 and 355-375. - **Support Level:** 301.95. #### Trade Ideas: 1. **Long Trade:** - **Entry:** On a breakout above 325, confirming the bullish...
Inverted head and shoulders breakout Target 1600 Above 200 EMA
Banknifty prior to the budget day closed flat and there are chances of a trending market owing to the news. On the hourly charts, the market has consolidation after the first hour candle. Consolidation is good to make the break out/ down to travel. Market is trading around the 20 ema and above 200 ema. If the market break below the moving average, trade using MA...
ONGC is a government sector company is trading around the resistance zone. If there is a break out of the consolidation zone good returns can be captured in the stock. The stock has taken a good support from 20 ema which also gives a confidence to hold the stock for a swing trading. Even on the daily charts, the stock has test the 200 ema and chance of it...
Based on price moving and Ema positions Up move possibility is higher This is only for educational purposes.
We are seeing a Double TOP of 44 Ma signaling a further uptrend. We get more confidence by seeing RSI taking support and also showing Double Bottom. Your buying point is The green candle that touches 44 Ma at number two. Buy above the High and stoploss below the low. A target of 1:2 or 1:3 should suffice. This is only for educational purposes as I myself am a...
WIPRO breaking c&h pattern weekly basis with good volume good rsi ,trading above 20ema #target 613-730 EDUCATIONAL IDEA
Britania breaking resistance trend line on #weekly basis with good volume rsi is good,trading above 20 ema #target 6200 EDUCATIONAL IDEA
OIL breaking f&p pattern on weekly basis with good volume and rsi, macd crossover done #target 580 soon EDUCATIONAL IDEA
IIFL Finance is a perfect recovery candidate. Out of accumulation phase, it has given breakout and showing bullishness. Moving towards 650+. Others factors: 1. Breakout with volumes from accumulation phase 2. Volumes are building up 3. RSI postive 4. MACD positive 5. 20EMA crossing 200EMA "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!!
NSE:JMFINANCIL Analysis on a 4H Timeframe! Short Term Movement Analysis on JMFINANCIL! Double Bottom Pattern Formation in JMFINANCIL! Double Bottom Neckline breakout at JMFINANCIL! Analysis: JMFINANCIL was in the Downtrend since 29 Jan 2024. We can clearly see it has made a Double Bottom Pattern. It also given the breakout to its resistance level which...
Uflex Ltd showing reversal. We can see price moving towards 810. Otherfactors: 1. Fibonacci retracement levels indicate key areas where a stock may reverse or stall. As per the same, once stock price move above 550, we can strongly say stock ready to move up strongly. 2. RSI showing bullishness 3. MACD is showing green showing bullishness "Clean Charts, Easy...
During the crossover of bands the price has been trading in the upper zone. The breakout of 1,525 will open the higher levels. Keep this stock on the radar. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.