GRANULES DOUBLE BOTTOM BREAKOUTGranules breaking double bottom reversal pattern
with good volume building up
trading above 20ema
breaking 612 will give strength
#target 721,sl 530
NO BUY/SELL RECOMENDATION
Moving Averages
ASHOKLEYLAND H&S BREAKOUTAshokleyland breaking h&s reversal pattern
with huge volume building up
bullish rsi,trading above 20ema
#target 263 soon
sl 215
NO BUY/SELL RECOMENDATION
#CNX500 Index Signals a Trend Reversal!📊 Market Update: #CNX500 Signals a Trend Reversal! 📊
📈 Support Held at 21,900 Level: As anticipated in the last update, the #CNX500 index tested the 21,900 level and has since rebounded strongly. The last session showcased a solid bullish candle, indicating a clear trend reversal after a prolonged phase of market weakness.
With the bulls taking charge again, this rebound signals a resumption of momentum, offering a promising opportunity for traders to ride the bullish trend. This strong comeback highlights renewed confidence in the market and the potential for further upside. 🔥
💡 Stay cautious but optimistic as the index shows promising signs of recovery! 👀
📢 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 #TrendReversal #BullishMomentum #InvestSmart
TRADE PLAN ON TITAN Titan Stock Swing Trade Idea
1. Trend Analysis: The stock is in a strong uptrend, indicating positive momentum and investor confidence.
2. Demand Zone: It has reached a strong demand zone, a key level where buying interest is likely to emerge, providing potential support for price recovery.
3. Technical Patterns:
Weekly Timeframe: A shooting star-like pattern indicates possible hesitation or reversal after a strong upward move.
Daily Timeframe: A bullish engulfing pattern signals a potential continuation of the upward trend, confirming buyer dominance near the support zone.
4. Moving Average Support: The stock is taking support at a key moving average , adding to the confluence of bullish signals.
Trade Plan:
Entry: Consider NSE:TITAN the current demand zone or after confirmation of bullish momentum (e.g., a breakout above recent highs).
Stop-Loss: Place below the recent swing low or moving average support for risk management.
Target: Aim for the next resistance zone or a measured move based on the uptrend continuation.
Risk Note: Watch for a confirmed breakout or breakdown from current levels, as the shooting star pattern in the weekly timeframe could indicate selling pressure if demand fails to
#stockmarket #nifty50 #swingtrade #titan
POWERGRID RESISTANCE BREAKOUTPowergrid breaking resistance
with volume spike,bullish rsi
trading above 20ema
#target mentioned in chart
NOBUY/SELL RECOMENDATION
TITAN DOUBLE BOTTOM BREAKOUTTITAN breaking double bottom pattern
with good volume breakin 20ema also
#target1 3450
breaking this level will take it to #target 3850
NO BUY/SELL RECOMENDATION
HDFC Life Swing+positional Breakout Retest EMA supportHello Everyone,
HDFC life spot rate 688-90 taking suport of tredline breakout retest also EMA200. RSI is around 35 volume also support for bulls with fibbo reatrce 38% so good swing+positional long set up formed buy on dips setup in hdfc life.
TCS DOUBLE BOTTOM BREAKOUTTCS breaking double bottom pattern resistance
with good volume building up strong rsi
trading above 20ema
#target 4584
NO SELL/BUY RECOMENDATION
TCS FOR SWING TRADETCS Swing Trade Idea
Timeframe: Weekly
Observation:
TCS has entered a strong demand zone on the weekly chart, indicating a potential reversal or continuation of an upward trend. The price action suggests that buyers are actively defending this zone, providing a solid risk-to-reward opportunity.
Analysis:
Demand Zone: Clearly visible on the weekly timeframe, supported by historical price reactions.
Volume Profile: Higher buying volumes observed near the demand zone, adding conviction.
Risk-Reward Setup: Place a stop-loss slightly below the demand zone with targets at key resistance levels (based on Fibonacci or previous highs).
Disclaimer: This is for educational purposes and not financial advice. Please do your due diligence before trading.
Jubilant food - Inv head and shoulderPrice action matters most when they appear at crucial levels.
570 levels was earlier resistance which has now become support. Now this is also a 200DMA level.
Inv head and shoulder in this location makes it a high probable bullish candidate.
Expecting 15% move during this Santa rally.
NIfty near EMA 200/trendline resistance and bearish harmonic Hello Everyone,
Nifty gain 500Points on exit poll now there are ema200 resistance on 30 min time frame also act as resistance cum supply zone bear can active this levels.
KIRLOSBROS LongKIRLOSBROS looks bullish on multiple time frame analysis, RSI above 60 weekly RSI & 21 EMA Rising. SL 10 % Target 40-50%.
#XAU Waiting for the adjustment rhythm, the deep drop of Gold.Market analysis for Gold (XAUUSD) on November 20, 2024:
Yesterday, the gold price continued to recover after the previous adjustment. However, when it reached the resistance zone of 2640, the price reacted by nearly 20 points, indicating that sellers have emerged in this area.
Today's trading trend: SELL.
Key price levels to watch:
🔴SELL zone: 2648 - 2653, 2662 - 2667.
🔴BUY zone: 2623 - 2627, 2611 - 2616, and 2598 - 2603.
Recommended orders:
Plan 1: SELL XAUUSD zone 2651 - 2653
SL 2656
TP 2648 - 2640 - 2620 - 2600 - open.
Plan 2: SELL XAUUSD zone 2661-2663
SL 2667
TP 2658 - 2650 - 2640 - 2600 - open.
Plan 3: BUY XAUUSD zone 2601 - 2603
SL 2598
TP 2606 - 2615 - 2620 - 2630.
#DIVISLAB Showing Remarkable Strength!💊 Stock Analysis: #DIVISLAB Showing Remarkable Strength! 💊
📈 Strong Bounce Back: Over the last few sessions, #DIVISLAB has shown great resilience, bouncing back strongly after taking support at the 50-day moving average. Despite the broader market experiencing a massive correction across sectors, this stock has demonstrated bullish strength, which is a positive sign for its momentum. 🔥
While the market's overall stance remains weak, #DIVISLAB's performance in such conditions suggests it could continue its bullish trend. However, it’s crucial to follow a strict stop loss to manage risk in this volatile environment. 🚨
Target: 6500-6700
Stop Loss: 5700
Trade Risk Free Exit (20-30%): 6220
R/R Ratio: 3
💡 Keep an eye on #DIVISLAB as a standout performer in a challenging market! 👀
📢 Disclaimer: This analysis is for educational purposes only. Always conduct your own research and consult with a financial advisor before making investment decisions. 💼
#StockMarket #PharmaStocks #TechnicalAnalysis #BullishStrength #SwingTrade #InvestSmart
KIRLOSKAR BROTHERS C&H BREAKOUTKirloskar brothers breaking c&h pattern
with volume spike,bullish rsi
trading above 20 ema in this market crash
after breaking 2200 #target 2470
sl 1935 depends ur risk management
NO BUY/SELL RECOMENDATION
#XAUUSD/H4 Gold: Will it continue to recover or adjust?Market outlook for the European-American trading session on November 19, 2024:
Yesterday's trading session witnessed a strong recovery in gold prices. However, the possibility of gold continuing to rise in the long term remains uncertain. The likelihood of gold still being in a short-term correction trend is very high.
Today's trading trend: SELL.
Key price levels to pay attention to:
🔴SELL zone: 2625-2630, 2640-2645, and 2660-2665.
🔴BUY zone: 2598-2603, 2578-2583, and 2553-2558.
Recommended orders:
Plan 1: SELL XAUUSD zone 2641 - 2643
SL 2646
TP 2638 - 2630 - 2620 - 2600.
Plan 2: SELL XAUUSD zone 2665 - 2667
SL 2670
TP 2662 - 2650 - 2630 - 2600.
Plan 3: BUY XAUUSD zone 2597 - 2599
SL 2594
TP 2602 - 2610 - 2620 - 2640.
Ascending Parallel channel in JSW NSE:JINDALSAW An ascending parallel channel has been formed in weekly & daily channels out of which a current daily bullish candle confirms the reversal of the falling stocks
A confirmed buying can be when it crosses the parallel channel at 310 or risk-takers can accumulate at current levels.
Another bullish signal is the crossing of the EMA 200
After the adjustment is completed, the recovery process begins.Market analysis for XAUUSD trading on November 18, 2024:
Last week's trading session saw a significant correction in gold prices. However, by the end of last week, selling pressure weakened and buying interest re-emerged. It is highly likely that gold prices will begin to recover this week.
Today's trading trend: BUY.
Key price levels to watch:
BUY zone: 2535 - 3540, 2551 - 2556, and 2525 - 2530.
SELL zone: 2595 - 2600 and 2615 - 2620.
Recommended orders:
Plan 1: BUY XAUUSD zone 2556 - 2558
SL 2653
TP 2561 - 2670 - 2580 - 2600.
Plan 2: BUY XAUUSD zone 2539 - 2541
SL 2536
TP 2544 - 2550 - 2560 - 2580 - 2600.
Plan 3: SELL XAUUSD zone 2595 - 2597
SL 2600
TP 2592 - 2580 - 2570 - 2560.
BANKNIFTY Corrected 4000 points Weekly chart ANALYSISHello Everyone,
as posted charts on 29th september,
Banknifty Rejection Candle from Channel Resistance line, RSI negative Divergence, Price is more than 3000/4000 point away from EMA 20& 50____After every trending move Price is reverse to its EMA line___Positional Sideways to small correction can expected.
now its corrected 4000 points and near to 50EMA but till looking weak if going to test 100EMA then 3 things going to happened 1st 100EMA test second 61% retracement done and breakout trendline retest possibilities as ahead of elections and USDINR is trading at its lowest of 84.40
indicate more volatality in near future. 49300, 48650,47500 is possible and important levels to watch
GOLD Retracement faling can continueHello everyone,
MCX GOLD After registering lifetime high of 79775 fallen by more than 5% now trading at 75200 daily 200EMA still 5000 points away and if going to make 61% retracement then another 4000-6000 points fall can expect with supported volume for selling its overall bearish view.
Trendline bounce in Bank of BarodaNSE:BANKBARODA A trendline retracement has occurred, with EMA 44 crossing over, which indicates the stock's bullishness.
Buy at the current level with the SL at the swing low for the first target of 280 and subsequent targets by trailing.
A triangle breakout in MapmyindiaNSE:MAPMYINDIA Triangle breakout is about to happen after being in consolidation for 170 days.
A target of 2300-2600 can be achieved with the SL of the recent swing of 1970.
#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
