#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
Texrail is looking the strongest to me out of all the other railway stocks at this point of time , it is at the verge of giving a big breakout.
Hi All, THis idea is about RKEC Projects Ltd Fundamentals Mkt Cap - 308 Cr Stock PE - 15 ROE - 12.5% ROCE - 15.5% Mkt Cap/Sale < 1 D/E - 0.83 Quick Ratio - 1.09 RKEC Projects Ltd is in the business of Civil and Defence Construction Technical Analysis As the chart depicts, the price went for a double bottom formation and give a contraction of more than 70%...
DBRealty had given a multiyear monthly breakout and had given around 50% move already. However, stock is now retesting the breakout and might come down in range of 150-180. Safe traders can wait for a reversal pattern like morning star or bullish harami in this zone. Such a monthly breakout had happened in Purvankara which doubled in 3 months As realty sector is...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Yes bank looking good for this levels take postion as par your risk reward ratio
Resuming Uptrend Showing strength when Bank Nifty is having weakness low risk high reward setup cmp 25.4 sl 23 target 73
RIL is seen breaking from Weekly Consolidation. Sustaining above 3000 will open space of higher Targets of 3300 followed by 3600. Weekly Flag Pattern observed. LTP - 3028 Target - 3600+ SL - 2880 Timeframe - 6-8 Months Happy Investing
In this chart of sunpharma i see consolidation in INSIDEBAR and breakdown given but where we do see the Trendline support is Near by, Overall structure of this chart is Bullish as its making Higher highs and Higher lows. As of now its in consolidation zone where i feel someting cooking big for its next leg of movement, need to wait and watch for a breakout....
Round Bottom Breakout Setup RSI above 70 and rising Trading above EMA50 Volume increasing 3Years+ consolidation Enter after confirmation Disc: For study, not a recommendation
Bollinger Bands to measure the volatility of stock prices relative to their historical behavior. Traders can identify market trends by observing how stock prices interact with these bands, and potentially anticipate a trend reversal. In this article, we will explore how Bollinger Bands work and what they can tell you about market trends and opportunities. ...
Bikaji Foods is forming a cup and handle. A breakout of the same will take the price to 750+. Other factors: 1. Volume has been increasing - see last day candle 2. RSI is above 60, showing bullish sign 3. MACD is positive 4. TTM highest profit 5. FIIs has increase stake "Clean Charts, Easy Chart" Learning & Earning!! Cheers!!!
Guy's Banknifty looking highly bearish from current levels. HDFC BANK is culprit for this so i have bearish trade in banknifty. You can participate by taking an option trade or shorting future trade with strict stop loss. 1st let's buy banknifty option 10th july 52700 pe now trading at 395 keep stop loss at 325 Targets will be 460/516/575++ Disclaimer:- I have...
The Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure. The Elliott Wave analysis indicates that the stock has completed waves (i),(ii, (iii), and (iv), which are shown as blue numbers on the daily chart. Wave (v) appears to be underway at this time. It is anticipated that...
As we can see despite the strong opening BANKNIFTY failed to sustain at higher levels and ended up being sideways to negative as we had been analysing in last few posts. As we can see BANKNIFTY has more one day end the week, we may expect any closing of this week’s candle inside the structure as a zone of sluggishness on the other hand if closes above the zone we...
Ambuja forming a double top on 1d time frame and on weekly time frame scenario is weak, so price can come down to test support if it has to go up. 1->430 below 423-414 level can be seen (on weekly basis) 2-->for Monday:- 432 below 15min candle closes 430-426.55 target levels can be seen 3-->if sustains above 438 for 15mins then 441-444.10target can be...
Gold -MCX -India : Breaking out strong - symmetrical triangle breakout support at 71200
Hello everyone as some of our fellow traders having issue with chart as written analysis posted under it was old & they wanted to see chart pattern so here's the new chart & CDSL analysis(new) will be posted here from now onwards. (i)price is strong & formed a pattern on day time frame which says price can move up further but there are few zones marked as we need...