Change in trend + rising volumes indicates an upside for this stock. Good for long trade
The volumes are rising also the price action looks good for upside. Clear change in trend visible on longer time frame.
Tested weekly DZ can buy with SL below DZ and target above triangle pattern breakout
Looks like breakout in upside trendline and having gud dips upto 35
Stock is in uptrend and looks like moving towards upside trendline of target 200, 230 and maintain strict stop-loss of 160 ( if closes below 160 weekly closing)
As we can see BANKNIFTY showed a unidirectional move with immense momentum after it broke out of the trendline and the supposed inverted head and shoulder pattern as analysed in our previous post. Now tin a bigger time frame, we can still see BANKNIFTY trading at supply zone which previously acted as a demand zone hence until BANKNIFTY sustains above the given...
NSE:RELIANCE : Anticipating a Bearish Phase Followed by Potential Bullish Resurgence Reliance Industries may face bearish trend with an eye on future Bullish Opportunities. Recent market structure mapping, however, suggest a potential bearish phase for the company, prompting investors to reassess their positions. While challenges loom in the short term, astute...
After long term consolidation, this stock also ready for run, my r:r is very low my stoploss is only 119₹ target 1 is 158,then started to✈️✈️✈️✈️✈️😱
PLASTIBLEN, Multiyear BO Stock. Momentum will pick up once crossed 334 level. TGT can be decided by Range calculation method. Price Volume analysis This is not a buy sell reccomdation. This is for my learning and recording purpose. For Tradingview Premium plan, Can go with the below link in.tradingview.com
Bearish Signals on NSE:NIFTY : Technical Analysis Points to Potential Downtrend Ahead As the markets navigate through a sea of uncertainties, the NSE:NIFTY , a key benchmark index, is currently showing signs of a potential downturn. Traders and investors alike are closely monitoring the technical indicators, which are flashing bearish signals that may indicate...
Gateway Distill - Multiyear BO Stock. This is not a buy sell reccomdation. This is for my learning and recording purpose. For Tradingview Premium plan, Can go with the below link in.tradingview.com
NIACL - Weekly chart Reversing Set up. Stock is coming out of Good base of 6 years and satisfying the Stein Weinstein Stage analysis. This is not a buy sell reccomdation. This is for my learning and recording purpose. For Tradingview Premium plan, Can go with the below link in.tradingview.com
AsianHotel - Multiyear BO of 13 years Put Alert at 250 and 350 as resistance. This is not a buy sell reccomdation. This is for my learning and recording purpose. For Tradingview Premium plan, Can go with the below link in.tradingview.com
Mindteck - Reversal Stock This is not a buy sell reccomdation. This is for my learning and recording purpose. For Tradingview Premium plan, Can go with the below link in.tradingview.com
Zensar tech is forming inverted Head&Shoulders pattern at all time high. All time high touched on Sep2021. Probability of inverted Head&Shoulders breakout is high when it is forming at Resistance level.
Siyaram silk mills has been sideways for quite a long time now. And has made multiple attempts to break the long term resistance , the more time it spends near the resistance the weaker it becomes. Fundamentals are good and a good quarter in sales can do wonders. Volume on the down days are not big and on the up days are substantial.
As we can see BANKNIFTY remained strong throughout the day as analysed in our previous analysis. Now BANKNIFTY can again be seen in double bottom pattern in smaller time frame and break of that level could show another upmove so plan your trades accordingly
As we can see despite the weakness BANKNIFTY didn’t sustain below our level and managed to recover closing above our level hence till our level is not breached below and sustained below! We are still bullish so plan your trades accordingly everyone