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Moving Averages

#CNX500 Testing Key Support Levels!📉 Market Update: #CNX500 Testing Key Support Levels! 📉 The #CNX500 index has recently touched its support line once again. When stocks or indices frequently test support, it typically weakens that level, increasing the likelihood of a further breakdown. In recent sessions, the index has also shown a breakdown candle below this support level, signaling potential for further downside. 🔻 With the broader Indian market in a bearish phase, it’s advisable to stay cautious when initiating new trades until we see a clear trend reversal. If the current support breaks, the index may find its next support near the 200-day moving average, around the 21,900-22,000 range. 📉 📢 Disclaimer: This analysis is for educational purposes only. Always conduct your own research and consult with a financial advisor before making investment decisions. 💼 #StockMarket #CNX500 #TechnicalAnalysis #SupportLevel #BearishMarket #InvestSmart
NSE:CNX500Short
by nemi-chand
NIFTY Bearish Trend EMA50 Testing Weekly corrected 2400 points Posted Chart on 29th september that Nifty Near to Channel Resistance with RSI overbought and small negative Divergence, Price is 2000/4000 point away from EMA 20/50__after every trending move price is reverse to its ema line(MEAN reversion)+ also if making of flag then sideways to small correction can expect_____ Now after Retest Of EMA20 on weekly Nifty Still facing selling Pressure from higher levels now previous swing low is broken EMA50 is nearby 23300 and channel support at nearby 22700. ' USDINR at lifetime high @84.40 overall negative momentum.
NSE:NIFTYShort
by finvestalgo
1
#GLENMARK Setting Up for a Pre-Breakout!💊 Stock Alert: #GLENMARK Setting Up for a Pre-Breakout! 💊 📈 Ready for Another Run: After a previous breakout attempt was halted by market volatility, #GLENMARK is now showing renewed strength, rebounding off support as the pharma sector gains momentum. This time, the stock is forming a Darvas Box—a strong indicator of continued bullish momentum. With these signals aligning, #GLENMARK is set for another bullish run, making it a prime candidate for a swing trade. 🔥 💡 Don’t miss this chance to position early for a potential breakout in the pharma sector! 👀 Target: 1950-2000 Stop Loss: 1695 Trade Risk Free Exit (20-30%): 1830 R/R Ratio: 2-3 📢 Disclaimer: This post is for educational purposes only. Always do your own research before making any investment decisions. 💼 #StockMarket #PharmaStocks #DarvasBox #PreBreakout #SwingTrade #InvestSmart
NSE:GLENMARKLong
by nemi-chand
#PCJEWELLER Offering a Re-Entry for Another Bull Run!💍 Stock Alert: #PCJEWELLER Offering a Re-Entry for Another Bull Run! 💍 📈 Rebound in Motion: #PCJEWELLER is showing renewed momentum, rebounding after finding support at the 50-day moving average. With jewelry stocks recently seeing a massive bull run—even as the broader market struggles with volatility—this is an ideal re-entry for those looking to catch the next bullish wave. The setup is strong, making it a top candidate for a swing trade. 🔥 💡 Don’t miss out on this chance to position early in the jewelry sector’s next upswing! 👀 Target: 180-200 Stop Loss: 150 Trade Risk Free Exit (20-30%): 170 R/R Ratio: 3-4 📢 Disclaimer: This post is for educational purposes only. Always do your own research before making any investment decisions. 💼 #StockMarket #JewelryStocks #PCJeweller #SwingTrade #PreBreakout #InvestSmart
NSE:PCJEWELLERLong
by nemi-chand
#ADSL Gearing Up for Another Bull Run!🚀 Stock Alert: #ADSL Gearing Up for Another Bull Run! 🚀 📈 Golden Pre-Breakout Opportunity: This tech stock is showing strong momentum, even with the broader market facing volatility. #ADSL presents a pre-breakout entry, making it an ideal time to get in early! With #CNXIT indicating bullish momentum across IT stocks, #ADSL looks set to follow the uptrend. This is a prime opportunity to capture the potential bull run ahead of retail investors, positioning it as a strong candidate for a swing trade. 🔥 💡 Keep an eye on #ADSL for this early entry into a potential breakout! 👀 Target: 330-350 Stop Loss: 277 Trade Risk Free Exit (20-30%): 315 R/R Ratio: 3-4 📢 Disclaimer: This post is for educational purposes only. Always do your own research before making any investment decisions. 💼 #StockMarket #ITStocks #PreBreakout #TechStocks #SwingTrade #InvestSmart
NSE:ADSLLong
by nemi-chand
#JSWSTEEL Primed for a Bull Run!🚀 Stock Alert: #JSWSTEEL Primed for a Bull Run! 🚀 📈 Golden Pre-Breakout Opportunity: Today’s session saw a solid candle with huge volume build-up, even as the overall market remains weak due to volatility. With Q2 earnings just out and looking strong, #JSWSTEEL presents a safer trade amid market fluctuations—just remember to keep a tight stop loss during these volatile conditions. This is a pre-breakout entry, making it a golden chance to get in early! With #CNXMETAL showing momentum in metal stocks, #JSWSTEEL is positioned for a bullish trend. Now’s the best time to enter and capture the bull run ahead of retail traders, making it a solid candidate for a swing trade. 🔥 💡 Keep #JSWSTEEL on your radar for this potential breakout! 👀 Target: 1100-1200 Stop Loss: 953 Trade Risk Free Exit (20-30%): 1050 R/R Ratio: 2/3 📢 Disclaimer: This post is for educational purposes only. Always do your own research before making any investment decisions. 💼 #StockMarket #MetalStocks #Q2Earnings #PreBreakout #SwingTrade #InvestSmart
NSE:JSWSTEELLong
by nemi-chand
TilakNagar Industries - Cup & Handle BreakoutTilakNagar Industries has given a breakout of Cup & Handle with good volumes. This is heading to 400+ as first target. Other factors: 1. Breakout of Cup & Handle and then retested but with lesser volumes shows strongness of stock. 2. RSI is good and moving towards above 60 3. MACD is becoming positive 4. One of the best Quarter results 5. Becoming a debt free company by March'25 6. New launches in next 18 months 7. Venturing into luxury segment as well. Keep following @cleaneasycharts as we provide Right Stocks at Right Time at Right Price. Cheers !!!
NSE:TILong
by Cleaneasycharts
MN HOLDINGS - Potential of making Bullish Symmetrical Triangle ?MN HOLDINGS - Current Price RM0.920 In long term the stock is still UPTREND as it is above 200-day EMA. In short and medium term, the stock is in sideway/consolidation. The declined from 12 Aug 2024 (high RM1.12) to 29 Aug 2024 (low RM0.820) is due to weak market sentiment and profit taking activity. At current situation, the stock have a potential of making Bullish Symmetrical Triangle. If price made a breakout above the pattern, then it will trigger a buy signal (as it is viewed as Bullish Continuation Pattern). However, at this current moment there is no buy signal yet. As such, we may keep this stock in wacthlist. For ICHIMOKU CHART traders, the price is trading within the CLOUD (indicates sideway) and the CHIKOU SPAN is still below CANDLESTICK and CLOUD (no bullish scenario yet). If the price make new high above the CLOUD or the CHIKOU SPAN crosses up above CANDLESTICK & CLOUD, then it is viewed as bullish scenario. At that moment, ICHIMOKU CHART traders may anticipate to buy at best entry price. Notes : MN HOLDINGS is a good FUNDAMENTAL company and also a sub-con to TENAGA NASIONAL BHD. On 01 November 2024, HONG LEONG INVESTMENT BHD give a fundamental target price of RM1.60. However, as a CHARTIST/TECHNICIAN, we look for a buy signal based on Technical Analysis.
MYX:MNHLDG
by IMRAN_96
1
Stock Update: HALHAL is showing promising signs, reversing from the 200 EMA, which has historically acted as a strong support level. Additionally, the 4050 zone provides a solid foundation, reinforcing this level as a potential launching pad for a bullish reversal. Key Points to Note: 1) 200 EMA Reversal: Often viewed as a strong technical indicator for possible trend changes. 2) Support at 4050: Providing a cushion for potential upside movement. 3) This setup could be interesting to watch for anyone tracking HAL's performance. 📊 What are your thoughts on this setup?
NSE:HALLong
by TechnoTrader10
Bank Nifty - Formation of Bearish Head and ShoulderBank Nifty index is forming bearish head and shoulders pattern. Here are the key levels mentioned below: Neckline : 50000 (activation point for the pattern) Immediate Support: 49700 (200 EMA) Potential Target: 46500 (if price pierces below 200 EMA) Trend Breakdown: Noted breakdown of the uptrend line since October 23. Make sure to keep an eye on these levels and monitor price action closely as it approaches them! If you have any more insights or questions about trading strategies, feel free to share.
NSE:BANKNIFTYShort
by Arvind_Share_Academy
ASTRAL NSE DTF SWINGASTRAL SWING Analysis TRADE PLAN ENTRY : 1890 50%Qty. ADD 50% Abofe 2050 DTF Close SL : 1860 TGT- 2000 Time frame @1 to 3months ASTRAL on DTF had a RESISTANCE trendline on breaking this and Retest make entry. Price is trading below the 20EMA and the the sequence of 200 to 20EMA is inverted indicating a bearish Trend is prevalent. The stock currently trading is at the base of proable Wyckoff accumulation Phase. A bearish Orderblock is seen at 2050 levels. Add 50% when price BO and closes above this level. 3rd Quarter results this weekend wait for declared and then entry on breakouts. Standard disclaimer apply.
NSE:ASTRALLong
by billpramod
1
Lets have a tea Technical Analysis of Aditya Birla Sun Life AMC Ltd. (ABSLAMC) Background: Aditya Birla Sun Life AMC Ltd. is one of India's leading asset management companies, offering a wide range of mutual fund schemes. Technical Analysis: Rounding Bottom Pattern The chart indicates a potential Rounding Bottom Pattern formation for ABSLAMC. This is a bullish reversal pattern that suggests a potential uptrend after a period of decline. Key Characteristics of the Pattern: * U-Shaped Bottom: The price action forms a U-shaped bottom, indicating a reversal of the downtrend. * Low Volume During the Bottom: The volume tends to be low during the formation of the bottom, suggesting a period of consolidation. * Increased Volume on the Breakout: As the price breaks out of the pattern, volume typically increases, signaling a strong buying interest. Trading Strategy: Buy Signal: * A decisive breakout above the neckline resistance level (the horizontal line drawn at the top of the pattern) would confirm the pattern. * Increased trading volume during the breakout would strengthen the bullish signal. Stop-Loss: * Place a stop-loss below the recent swing low or the neckline support level. Take-Profit: * Set profit targets based on the height of the pattern. Common targets are 1.5 times, 2 times, and 3 times the height of the pattern. Important Considerations: * Confirmation: Wait for a confirmation candle (a candle that closes above the neckline) to enter the trade. * Risk Management: Always use stop-loss orders to protect your capital. * Market Sentiment: Consider the overall market sentiment and economic conditions. * Fundamental Analysis: While technical analysis is useful, it's important to consider the company's fundamentals. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. It is essential to conduct your own research or consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
NSE:ABCAPITAL
by Stock_market_signals
Lets have a tea Technical Analysis of Aditya Birla Sun Life AMC Ltd. (ABSLAMC) Background: Aditya Birla Sun Life AMC Ltd. is one of India's leading asset management companies, offering a wide range of mutual fund schemes. Technical Analysis: Rounding Bottom Pattern The chart indicates a potential Rounding Bottom Pattern formation for ABSLAMC. This is a bullish reversal pattern that suggests a potential uptrend after a period of decline. Key Characteristics of the Pattern: * U-Shaped Bottom: The price action forms a U-shaped bottom, indicating a reversal of the downtrend. * Low Volume During the Bottom: The volume tends to be low during the formation of the bottom, suggesting a period of consolidation. * Increased Volume on the Breakout: As the price breaks out of the pattern, volume typically increases, signaling a strong buying interest. Trading Strategy: Buy Signal: * A decisive breakout above the neckline resistance level (the horizontal line drawn at the top of the pattern) would confirm the pattern. * Increased trading volume during the breakout would strengthen the bullish signal. Stop-Loss: * Place a stop-loss below the recent swing low or the neckline support level. Take-Profit: * Set profit targets based on the height of the pattern. Common targets are 1.5 times, 2 times, and 3 times the height of the pattern. Important Considerations: * Confirmation: Wait for a confirmation candle (a candle that closes above the neckline) to enter the trade. * Risk Management: Always use stop-loss orders to protect your capital. * Market Sentiment: Consider the overall market sentiment and economic conditions. * Fundamental Analysis: While technical analysis is useful, it's important to consider the company's fundamentals. Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. It is essential to conduct your own research or consult with a financial advisor before making any investment decisions. Past performance is not indicative of future results.
NSE:ABCAPITAL
by Stock_market_signals