A Very Interesting Pattern in this lesser known share: An all-world-engulfing green candle on the day of Earnings. Very high volume breakout The 50 MA about to crossover 200 DM, a perfect entry. And the result .. it's awesome: PAT doubles (YoY), 4 times (QoQ) EPS doubles (YoY), 4 times (QoQ) Trade : Buy and Hold with a SL of 1610.
Multiple factors playing in HDFC Bank counter: A rectangular consolidation is ready to be breached by the very strong Bullish Engulfing candle formation. The MAs are showing bullish trend with the distance among the MAs are expanding. Good momentum indication. High positive volume, above volume average .. breaking past the last 3 negative volume bars. ...
Banknifty has given a "V" shape recovery, but still closed on the red side losing 180 points. The global markets are negative and crypto to are trading in red this week. Index opening below 20 ema, on hourly time frame, and took resistance and touched a low of 41300 level. On 15 minute time frame, the markets came for recovery after taking support from the 200...
The market on the daily time frame has given a doji candle and closed 128 points, creating volatility. Nifty from yesterday was in a downtrend, making lower highs and lower lows. Even after the gap down the markets remained for selling. On the hourly time frame, the market in the last hour has given some recovery and closed above 18000 level. There was a...
The stock price is trading above the 50 day Moving Average at the current market price of 222.20. It is still under the consolidation zone. Price movement above 236 will signal the breaking of that zone. However, 246 will act as a strong resistance level. Momentum will come once this level is crossed. See strong support at 210 if the stock fails to gather...
Global parameters are negative. Technical indicators are positive. Watch the video for the rest details.
Nifty after a gap up remained for selling and closed 45 points lower. The markets are still volatile as its unable to closing convincingly above the 18200 level. There is a downtrend formation on the hourly time frame, and markets have closed below the 20 ema. Even on the smaller time frame, the markets have taken resistance from the moving average and closed...
Banknifty on the daily time frame has again given a hanging man doji. The markets are still indecisive. The markets are unable to carry on the trend and momentum can be seen tomorrow as there is weekly expiry. On the hourly time frame, the market tested today's opening price and there was a nice sell off during the last hour. There was a support from 20 ema on...
Adani Port is trading above 20ema volume is also good heading towards 980 target nice support at 820 keep sl in mind educational idea only
The global markets are showing some positivity and hope that Indian market too will show a gap up opening. SGX nifty is trading around 18400 levels and there is a possibilty to make new ATH. Nifty on the daily time frame has given a dragon fly doji and closed above 18200 levels. In the last trading session the market has filled a gap and on the hourly time...
Finally, Banknifty on the daily time frame has good bullish closing above the previous close. And has formed a bullish hanging man candle on daily time frame. Dow has given a nice break out above the 33000 level and Sgx nifty is around 18400 which shows that Indian market will show a gap up opening. Banknifty can make a New ATH in the opening. On the hourly...
As per the 4h chart the bullish candle in devloped at the support levels. The RS indicating positive. The RSI also indicating good strenght. The Break out in smaller time frame. The price at Moving avrage Support. Entry : 111 SL : 106 T1 : 120 T2 : 128
As per the 4h chart the bullish candle in devloped at the support levels. The RS indicating positive. The RSI also indicating good strenght. The Break out in smaller time frame. The price at Moving avrage Support. Entry : 371 SL : below 353 T1 : 396 T2 : 421
Banknifty on the weekly time frame has formed a neutral doji and still trading in the same range. For last 11 days, banknifty has been trading in a range of 40800-41500. Index has been consolidating and on the last trading session banknifty has consolidated near the 20 ema on hourly time frame. Markets has consolidated for 2 weeks in a range and remained in a...
Nifty on the weekly time frame, has closed above the resistance level of 17900-18000. The markets has retested the support level of 38.2% fib level and given a nice move. On the hourly time frame, the market consolidated and a nice movement was there during the closing hour of the session. Nifty traded around its 20 ema and finally closed above it. Even on the...
PVR | Simple trendline breakout - Looks potential for 20% CMP : 1830 (Dip : 1800) SL : 1700 Target : 2200 1:4+ risk reward setup
TVS Motor is in the formation of bullish flag chart pattern. 20 Period EMA is just below the current price act as a dynamic support. All important moving averages likes 20, 50, 100 & 200 are placed below the current showing that the uptrend is still intact. Flag pattern formation is going on and in this period RSI adjust from oversold to buying level
Nifty on the daily time frame has closed flat. Though there was a huge gap down opening. A nice up move was there initially but markets consolidated in the remaining session. Market, on 15 minute chart analysis, took resistance from 20 ema and closed near to the level. Support :- 18000, 17950, 17900 Resistance :- 18050, 18090, 18160-70 Nifty is near the recent...