Zydus Wellness Ltd LongWe have observed formation of bullish pattern in daily time frame. Even though , Market is showing bearishness, in shorter time frame ; stock straight goes from 1396 to 1511.
I am suggesting buy on dip strategy in this stock. The buying range is around 1400-1500. The immediate target is 1750. The stock is having strength to go much higher than 1750.
Due to weak global cues, anyone can buy this stock with at least six month time frame horizon.
Noindicators
BTCUSDT LongOn observing chart pattern, from 19500 level, step up pattern is found. It is bullish pattern. We should maintain our bullish view till BTC breaks 20200 level.
If, BTC crosses level of 20600, we will see a good bullish momentum.
It is basically chart pattern analysis without using any indicators.
It is only for the education purpose.
MINDTREE MIGHT BREAK ITS RESISTANCE...ok so this one i thoroughly believe can be accurate and the price will eventually breakout, i just dont know when. it might take a while cause the price is already near the resistance and it might face it and drop down again, but we shall see...
Happy Trading !!!
FOREX NOT FALLING IN TRAP (EURO/USD)As we all know Forex is the largest and most popular financial market in the world, which means it is extremely liquid and frequently sees a daily turnover of trillions of dollars. But at the end in trading it's all a ZERO SUM GAME if someone makes money on one side then someone loses money on the other side.
So it's very important for us to be on the right path to survive in these markets and make money consistently which is also not an easy task. So the best-proven way one can stay profitable is to trade in the trends direction as we all might have heard before TREND IS OUR FRIEND.
So be on the bigger trend path and look for the correct trades. Here I am sharing an analysis on EURO/USD in which I have shown you the direction of the trend and given a plan how you can trade it and even if you want to go against the trend or might feel like the trend is reversing right now then where you should be looking the price to be and how you can trade it when the trend reverse. I have shared my analysis on charts go and watch it out.
Don't chase before the price wait for the price to come near your zones as earlier a wise man once said '' PLAN THE TRADE AND TRADE THE PLAN "
Hope you enjoy and learn something new from it👍
- Pranesh Sahoo
FOR MORE IDEAS PLEASE SUPPORT BY SHARING THE ANALYSIS AND DO FOLLOW AND LIKE. IF ANY DOUBT ARISES DO COMMENT DOWN BELOW I WOULD LOVE TO HELP YOU.
Multi time frame analysis ! Boom !Stock has given wedge pattern breakout on daily time frame. Stock is forming ascending triangle (which is a bullish pattern) in smaller time frame ( 5 min or 15 min). Best entry would be above 778 ( on closing of 15 min candle ).
View chart in 15 min time frame for better view of ascending triangle pattern. Hope you liked my analysis , All feedback are welcome.
Adani portsNote:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
Tata ChemicalsKeep an Eye Marked Demand and Supply Zone
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
Tata MotorKeep an Eye Marked Demand and Supply Zone
Note:
• Avoid the stock if a big gap down is seen
• Enter after breakout happens and not before it
• Do not chase the market, i.e. do not get involved late entries
• Only enter with stritct stop-loss and target
• This is not a recommendation and is for education purpose only
• Always follow risk-reward and quantity management for the 100% of the times
• The above mentioned idea may not work so beware of the risk you are taking
Follow me to Learn and Earn with Me.
Happy Trading!!
NIFTY LOOKS BULLISH FROM HERE!The in depth analysis has been explained in the chart itself. My whole analysis is on the basis of pure price action and no indicators are involved/used. Similar chart analysis can be seen on reliance chart as well on friday. Looks like on Monday reliance may support nifty to move upwards!