AKZO NOBLE it has perfectly retested the old breakout zone
entry and stoploss mention on charts
chart is in bullish formation
this is for learning purpose only.
one can always analyse before entering the trade.
Moving Averages
LALPATH LAB quality gemLALPATH LAB has given breakout from a longterm pricewise and timewise correction
it has clearly break the supply zone in daily tf as well as in weekly tf
one can go long from here
put STOPLOSS BELOW 2300 AREA OR BELOW 20EMA IN DAILY TF OR 200DEMA CLOSING BASIS ONLY
always trade with your own conviction
THIS IS JUST FOR EDUCATION AND LEARNING PURPOSE
hope u guys like the idea
LALPATHLAB C&H BREAKOUT ON WCBLALPATHLAB breakingout c&h pattern WCB
good volume,strong RSI
trading above all key ema
target can be 2700 soon
educational idea only
XAGUSD : RUNNING AT SUPPORT LEVELSilver is traded on support level. silver didnt break three support level ( s1 : 22.11, s2 : 22.22, s3 : 22.29 ). Its shows the good potential to buy in medium term. If it is not break the certain level so there is possibility to go up.
Spandana swing trade For education purpose only
Buy above if next candel cross above 845
Sl 740
Target 1 : 880
T2: 938
TVSSCS: Volatile New Momentum StockTVS Supply Chain Solutions (TVSSCS) is the new listed IPO and few days ago broke out of its listing day resistance with great volumes and rose 28% in 3 days! Then it fell by 15% in next 4 days. Now it is taking support at 10EMA. Lets see if it will now rise again with momentum.
The great N appears on Brent CRUDEThe great N appears on Brent CRUDE with 100 Dema crosses over 200 dDema.
#crude #oil
Banknifty daily analysis for 26/09/23.A doji is formed on the daily charts and now there is a confusion in the market where it will go after testing the recent high.
Banknifty has closed gaining 150 points but nifty remained silent and closed flat.
On the hourly charts, there is a moving averages cross over and it taking resistance from the levels.
There was a both side movement today and has consolidated in the second half of the session.
Support :- 44600, 44420
Resistance :- 44890, 45110
Wait for the price action near the levels before entering the market.
COLPAAL BREAKOUTCOLPAL breaking outfrom rounding bottom
good volume and RSI
trading above 20ema
target can be 2140
eductional idea only
chamblfert buy possibilitySimple PA to observe
with reasonable RR at suggested levels.
Huge Gap invalidates idea.
Dabur indicates the start of a uptrendChart type - Heikin Ashi
Time frame - Weekly
Indicators Used:
1. Moving Averages
2. Fibonacci Retracement: Marked by Swing Low of 503 and Swing High of 597
Analysis Notes:
1. The price has successfully tested the retracement level of 50% which is at 548. Now the price has given the breakout of its retracement level of 38.20%.
2. The moving averages didn't breakdown the retracement level of 38.20%.
3. A green HA candle momentum candle also gives a closing above the moving averages.
Resistance - 573.70 (23.60% retracement level)
Price Prediction: If the price holds the levels of 575 then it will test the levels of 600
Note: Daily chart works best for entry and exit in positional trades.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell. The material here is purely for educational purposes.
Thanks
Sardar Simranjit Singh Virdi
Finnifty monthly expiry analysis for 26/09/23.Finnifty has formed and inside candle on the daily charts and is trading below the 20 ema.
It is taking a rest after a 4-days fall. The market is around the 19850 levels after forming a double top pattern on the higher time frame.
There is a bearish moving averages cross over, on the hourly charts. It has retested the 20 ema and is taking a serious resistance around the levels.
Today, the market has consolidated and tomorrow being a monthly expiry there can be a trending move in the index.
Finnifty traded around the 20 ema, on 15 minute time frama.
Support :- 19730, 19550
Resistance :- 19920, 20030
Watch the option premium as tomorrow is monthly expiry for Finnifty.
Wait for the price action near the levels before entering the market.
Multiple confirmations in EPLLot of confluence seen on this chart.
1. Good break and retest of resistance which is used as SL:200
2. Retest level co-inside with 20ma and 200ma
3. 20ma is rising so we are in buy on dips mood. (as discussed in earlier moving average post)
4. Earlier resistances 250 and 280 are now our target
5. Good volumes in green weeks means good buying at lower levels.
LSIL - Lloyds Steels🔹 Technicals:
▸ Large base breakout supported by high volumes
▸ 250% up move from March bottom to the recent top
▸ Currently, it's taking a pause and pulling back to 20, 50 EMA.
▸ There are 2 zones of interest for buying - first near the 20, 50 EMAs, and second near the demand zone at 33-36.
▸ Good chances of moving towards 60 and higher in the mid-term.
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
GLENMARK: Strong 200 MA Support Signals Bullish MovementGLENMARK has consistently shown resilience and upward momentum every time it's graced the 200 Moving Average support. Once again, we're witnessing this pattern. The stock springs up robustly the moment it touches this pivotal support.
Traders, if you haven't yet, consider seizing that retest long entry. However, a word of caution - if it's moved too far away, it might be best to hold off and wait for another opportune moment. Strategy and timing are key.
How are you positioning yourself with this current movement? Chime in and let's share strategies!
KALYANKJIL - KALYAN JEWELLERS🔹 Technicals:
▸ Base formation followed by a high volume breakout
▸ 150% up move from bottom of the base to the recent top
▸ Currently, it's taking a pause and pulling back to 20, 50 EMA.
▸ There is a good possibility that it will continue to move higher after consolidation
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
HDFC Bank🔹 Technicals:
▸ Price got rejected from the previous resistance zone.
▸ It has closed below 200 EMA, which is long term moving average.
▸ A closing below 200 EMA indicates weakness and that the sellers are in control.
▸ If it manages to bounce from here, then we can see 1600, 1700 in the mid-term.
▸ If the demand zone gets violated, then the buyers will be in trouble. We can expect 1400, 1300 in that case.
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
PNB - Punjab National Bank🔹 Technicals:
▸ Stock is in confirmed uptrend in the mid-term.
▸ Strong breakout in July supported by good volumes.
▸ Price is still above the key moving averages indicating a strong control of buyers.
▸ There is a demand zone near 20 EMA
▸ Previous swing high level near the 50 EMA
▸ A flip zone is present at 57-60 zone.
▸ This means there are plenty of support zones that can act as cushion and prevent the fall.
▸ Buyers will try to push the price higher once the overall market cools down.
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
IPL - India Pesticides Limited🔹 Technicals:
▸ Base formation since the early 2023
▸ Strong breakout of the base along with massive volumes, indicating a trend reversal
▸ Short-term flat base formation near the 20 EMA
▸ There is good possibility of an up move on the breakout of the short-term base
Disclaimer: I am NOT a SEBI Registered Analyst and the information provided here is NOT investment advice. This post is intended solely for educational purposes.
Coforge LtdCoforge Ltd, Creating strong base ,good to buy for long term....
DIIS increased their Shareholding in Jun 2023........
www.screener.in
