IEX- its breaking out from the previous support after retesting it. Expecting a target of 225 based on simple elliot wave theory. A rounding bottom can also be seen. So can expect much higher levels as there could be a possibility of an extension of the 3rd wave. Will watch and update. Disclaimer - I am holding this stock This is only an illustration of...
Olectra may retest previous breakout levels because Rsi losing strength and given breakdown. Retest levels Rs1800-Rs1700, further breakdown could take it to Rs1450 levels. SL previous high of Rs2222 closing basis. Disclaimer : Above scenario just for educational purpose and study of graphical movements as per available technical parameters derived by...
Bulls Charge, But Bears Lurk Below Support: 6890 (New!) Resistance: Watch for 7025 Long: Above 6960 (SL below 6890) Wait: Confirmation of uptrend (Price, Volume, Indicators) Short (Aggressive): Below 6890 (High Risk) #OilTrading #CrudeOil #Breakout Disclaimer: Educational only. Not financial advice.
Birlasoft showed good strength earlier. Consolidating in the zone. Will rise again from the last support.
It is on the verge of breakout, SL is the BO Candle Rs348. Long overdue run up pending alongside other Adani group companies. Q3 results are descent. May move quickly towards Rs411, Rs510 and upon sustaining then upto Fib ext 1.618 levels. Rsi above falling trendline, soon cmp will catch up with the move. Adx showing strength. Price at 200sma. Disclaimer : Above...
-strong closing near resistance looking very strong -rise in volume and rsi shows strength -above all major ema and sma -bb blast with macd crossover
NIFTY Intraday Trade Setup For 2 Jul 2024 Bullish-Above 24180 Invalid-Below 24130 T- 24410 Bearish-Below 23980 Invalid-Above 24030 T- 23800 NIFTY has closed on a bullish note with 0.55% gain today. However it was an contraction day as it formed an inside candle in daily TF. It seems like index is going to follow phase of sideways after a parabolic move. In case...
✅ Rane Holdings has broken out of a 1.9-year resistance level at INR 1,600 with a surge in volume, indicating strong bullish momentum. The RSI is in the overbought zone, suggesting a continuation of the upward trend towards INR 1,800. ✅ Recently, Harish Lakshman took over as chairman from L Ganesh, marking a leadership change that follows the group's significant...
✅ Sun Pharmaceutical Industries is forming a symmetrical triangle pattern with support around INR 1,450 and resistance at INR 1,560. A breakout above 1,560 could signal a strong upward movement towards INR 1,650 and beyond. ✅ Sun Pharma reported a projected net profit increase of 18.4% for Q4 FY24, reaching INR 2,347 crore. The company has also recently secured...
Trade idea for Long term Investors High Reward Trade for High Risk Investors Success rate 80% - 90% "Realize Full Potential of a Stock by having Patience" "Stock Market is more about What can happen rather-than what will Happen" In Markets there is no 100% Guarantee but one can invest in High Probability Stocks ALWAYS KEEP IN MIND Rule 1 : Respect Target &...
huge upmove on a previous supp. fibonacci retrace 50%
If Price rejects @ 52716, Bank Nifty will test 52168 . If the zone Breaks , Then it will test Secondary Buying Zone level of 52046. Once it is tested the Zone 52046, there is buying Opportunity in intraday. Expected both Bear and Bull Market on 02/07/2024 as explained in the market
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...
Price Analysis & Overview: 1. Price structure is bullish. 2. Buying strength is lacking. 3. Above ATH break good momentum can be expected only if price is able to sustains above 3000 levels. 4. Need more volumes! 5. Earnings are volatile. - I'm not planning any trade yet. - Stay tuned for further insights, updates and trade safely! - These are my personal...
Deepak Nitrite fundamentally strong stock. If you look at the quarterly chart, it has been respecting rectangle breakout. Triangle trendline breakout done. Once rectangle breakout happens, stock would roar.
According to recent analysis, we continue to be bearish on gold in the medium term. Although gold rebounded on Friday and is currently trading in the 2328 range, overall, as long as it does not break through 2350, this is only a short-term rebound. We note that the key support level of 2337 on the daily line has not been recovered, so the technical double-top...
NSE:CNXFINANCE Maximum Call writing near CMP is at 24000 strike with 14.76 Lakh followed by 9.39 Lakh at 23700 Strike and 9.05 Lakh at 23800 strike and Put writing of 11.65 Lakh at 23000 Strike followed by 7.63 Lakh at 23500 Strike and 7.36 Lakh at 23200 strike. Index is closed near 23420 level. Index has resistance near 23650 – 23750 range and if index...