Dolat algo ready for dolat in portfolio strong fundamental growth, with QoQ profit and revenue expansion.
rounding pattern completed. also called cup and handle
soon new highs on the way.
lik_e share and f_ollow.
Newhigh
UDS: Updater service rounding bottom complete Retest of breakout of rounding bottom.
Near to 9ema taking Support. Soon bounce and new high levels will be achieved. SL near swing low. Good vplumes visible.
Market Bullish NIFTY 50 Ready to Set New Record High.Greetings everyone,
I think that either the NIFTY50 or the entire market is entering a Bullish trend. Starting from today or possibly in the upcoming week, it seems likely that the market will commence a UP ward direction. This projection is based on two potential factors:
-> Today Imp Resistance level 21517 Crossed.
-> We have strong Support in 21250 and it was our reversal trend.
-> Today Bullish Marubozu Candle
Key Levels:
Entry Range: 21700-800
Stop Loss: 21517
Target 1: 21900 ( Probably achieved tomorrow)
Target 2: 22000
Target 3: 22378 & 22654
Strategies to Consider:
For those involved in options trading: Consider a small hedging strategy.
For those engaged in futures trading: Implement a strict stop-loss strategy.
Important Note: Make risk decisions in line with your available capital. It is strongly advised to refrain from trading with borrowed funds or your entire savings, drawing from personal experiences.
sell zone 1.every new High is the intake of the buyers taking profit at the new highs. it is clearerly seen in nifty 15mins chart, the last hour consolidation make the caution in nifty that
selling may persist futher if it is not able to sustain above 18788.
2. we may also seen trend change in the nifty next month if the close this week is negative
Has Nifty already reached a high ? It is observed over the historical data of nifty, if it makes a new high and corrects by 20% it reverses towards a breakout with previous 52 week high and creating a new high in over 12-18 Months. The rally is already at its peak of 18 Months.
What are your views on this theory. Do you think the rally would continue or the correction would pull the markets further down?
#GOLD #XAUUSD heading to new high from a Triangle consolidationGold may have completed a yearlong triangle consolidation and has broken upwards. It is now in its 2nd day outside of a downward sloping trendline. Wave e is around 1721, with this as a stop we should expect a rally to new highs. Silver is already showing strength as discussed in the earlier post. Gold may be joining the upmove now.
Dow Jones will make a new high ! Simple positive reverse divergence.
While the world is thinking of crash, I am of the opinion that DJI will not only move up, but it’s also up to make a new high. White line is the Target.
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
Mentorship InstaView 17 Aug’21: Googly
Nifty View: Seventh consecutive positive daily close from the benchmark Nifty with today’s 40 points up move. Yesterday's “Shooting Star” pattern in the intra-day charts played out at the first half of today’s trade followed by a high-momentum bounce back and we are now back to yet another new life-high. Now, it's these kinds of days that start to create price-momentum divergences. Because price corrects relatively slower compared to the following rally. However these divergences do not necessarily lead to reversals, they are signs of exhaustion which only the price behaviour confirms. At the current juncture, today’s low of 16,483, plays the role of short term supports, which essentially means that the index has to break and stay below 16,500 for any significant follow-through weakness. Till then, maintain a bullish bias and look for long trades only.
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.
Mentorship InstaView 13 Aug’21: “Le Jaayein Jaane Kahaan?”
Nifty View: Momentum continues beautifully as the benchmark Nifty scaled further heights like a breeze. No intraday volatility and not much over-head resistance either was observed in today’s session. Two successive positive weekly closes from the index now with a gain of over 700 points. A psychological level of 16,500 was met in today’s session and so early next week it will be natural to see some momentum cool off. Any short term correction should ideally face support at and around (15,300-15,350). Stay with the trend and keep a bullish bias.
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.
Mentorship InstaView 12 Aug’21: Back to a New High
Nifty View: Benchmark Nifty index shows momentum in today’s session to break beyond the recent consolidation and post a new life high. An up move of 75% or 0.46% sets in fresh momentum and positive sentiment amongst the “Bulls”. Yes, price-momentum divergences do still exist in the intraday charts, but, so far, such a divergence has proven to be more of a consolidation than correction. Stay with the UP trend and maintain a bullish bias. It’s time we see some participation from SBIN.
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.
GSFC ( breakout) buying zonebuy level - 119-122
target- 125-130-135
time- short
fundamental also sound
and take major support for the new high jump after the result.
Nifty50 - New High Expected Price if breaks the resistance 14550 and sustains above then there is a definite chance for the price to reach new ATH levels.
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Your Support is very much 🙏 appreciated!
You can comment any of the script, I will analyze technically and post it for you.
No Buy or Sell calls strictly :)
ACC SWING AND POSTIONAL TRADE OPPORTUNITY.NSE:ACC
PLEASE READ THE INFO.
ABOVE IMAGE.
ALSO, CHECK THE PREVIOUS IDEAS.
NOTE - THIS IS JUST FOR EDUCATIONAL PURPOSE.
EURUSD, MAY IT UP OR DOWN ? Euro against Dollar seems to take off by the bulls in the first week of May , Last month of April the price was almost moved in sideways and its top and bottom not exceed or decreased .. month high were 1.09 and month bottom were 1.076..
New month expects the pair breaks out of this area and may touches the old resistance stays over the years at 1.14
NIFTY Viewnifty with the results of major companies are good may move to new high, lets see what will happen, which will come first 2020(new year) or 13000 (new high).
Bullflag and new high in PNWPNW break out to new highs. A bullflag formed and the Price strongly reacts t the support.. Looks like PNW have a lot of upside potential.
Can we look for new high in GSFC...?Stock has broken out of falling trend line couple of days back. After that breakout price has came down two times to retest that breakout area and hold in both attempt. Now, seems like this time stock may create new high very soon. We are expecting 15% to 18% more appreciation in price.
