Hikal has given a Breakout from triangle pattern with high volumes on 1D timeframe. It is apparently retesting its resistance. Go long on bullish confirmation.
Attention to all savvy investors! If Network18 Media & Investments Limited has been on your radar, here's why now might be the right time to consider making a move: Strong Support on 200 EMA: Network18 continues to hold strong on its 200-Day Exponential Moving Average (EMA), a key indicator of long-term stability and a potential platform for growth. RSI Above...
The index for last 2 trading session is consolidating in a range between 22350-22480 and is sustaining above the moving averages. A halt candle has been formed after a gap down opening which signifies that the market may give a trending move in coming days. The drop in the VIX has killed the option premiums and there was option buyers are waiting for a buying...
NSE:APARINDS small cap d a stock hai higer high banaya hai but linear movent nahi hai nale stop loss technically door lagda peya
Finnifty has given a gap up opening and closed around the opening price forming a dragon fly doji. If there is a gap up opening, chance of filling up the gap is highdn even testing higher levels are high. Major resistance levels :- 21500, 21630 Tomorrow is the weekly expiry for the index and it has consolidated today. A trending move can be there in the...
Nifty has been trading in the bearish zone and might be this is the retest as it has closed around 61.8% fib level. Market has taken support from the previous low of around 21800 and recovered closing around 22300 levels. There was a consolidation after a gap up opening and it closed around the opening price. If the market gives a gap down opening, there will be...
Shree cement has been in a bearish move and a retest to 38.2% fib levels is also there on the weekly charts. The stock is trading around 25500 levels and the price action formation is looking bearish. Bearish engulfing candle and rejection from 20 ema adds on to the confluence. Though the markets are trading at ATH and chances are there of a profit...
Axis bank has been trading around the higher level and is forming a base near 1030 zone. Both side movement can be there in the stock and confirmation is need for the entry to trigger. But the stock on the weekly chart is showing some bearish RSI divergence and the dropping strength can be the initial signal of a bearish move. On the daily charts, it is around...
The stock looks bullish as per the price action. There was a consolidation and a break out after a gap up opening creating a gap. It has retest the break out zone and the gap is filled. HDFC Bank has taken a good support from 1480-90 zone as there is a confluence of 200 ema, retest and fib retracement levels. Entry :- Above 1528 Possible Targets :- 1556,...
KRAKEN:BEAMUSD SHORT AS ITS HIT THE EMA 200, at is preparing for a descent.
NSE:CANTABIL If stock crosses above 220 which is above Super Trend reversal level as well as Break Out level then the 1st target is around 233 level and 2nd target near 248 level on 1 Hour chart. Trailing Stop Loss below 20 period Moving Average and Super Trend support whichever is low.
The chart is self-explanatory and shared for educational purposes. 1. Indus Tower Stock: The stock of Indus Towers Limited is being discussed. 2. Technical Indicators: o Moving Average: The stock is trading above its moving average. o Trendline Support: It has support from a trendline. o Breakout: There has been a breakout, indicating potential upward...
Finnifty weekly expiry levels Major support levels :- 21130, 21000 Resistance :- 21330, 21500 The market is looking bearish and chance of a gap down opening is there as the closing is around the day's low. On the hourly charts, the market is trading between both the moving averages. A support around 200 ema can be seen. In case of a flat to slight gap down...
The market has reacted to the war situation and has given a fall of around 800 points. Banknifty has taken support from the 20 ema on the daily charts and the support zone around 47740 level. Even on the hourly charts, the market is trading between both the moving averages and chances of taking support around 200 ema is there. Tomorrow is weekly expiry and...
The chart is self-explanatory and shared for educational purposes. HDFC BANK stock has broken its 200-150 moving average. Although there was a small correction from the 150 MA, it could have been a false breakout. Anticipating financial results and considering the trading pattern above the moving average, there is a high possibility for a long trade.
EBAY | Looks high probable setup for 60% CMP : 51 SL : 45 Target : 80
As we discussed NIFTY yesterday, it ended sideways. If we look at the chart now: the market is trading ATH in the zone where it got heavy selling from this region. NIFTY is going to be sideways unless it breaks the GREEN trendline to the downside. The inside marked region (22617-22766) is sideways. If we look at the OI data: PCR = 1.21, which...
Good volume buildup in the past few candles both in daily and weekly timeframe. All time high breakout with good volume, if breaks the high of current candle then good opportunity for long or else wait for retest conformation. Price has taken support twice from 200EMA, good sign for bullishness. NOTE: i do my analysis, do your before trade.