A good time to buy ONGC Futures; Call Option (CE) 300 Oct , can be considered too.
We can entry a trade if it gives a clear green candle breakout above 75rs in a day candle, and expect a short term level of 78rs and if it breaks 78rs we can expect simultaneous target to be achieved, Make sure to set a stoploss just below the breakout candle. As IDFC First bank has given news regarding the merger we can expect a good move on monday...
im seen the clear lavel gold, to move strong support 2585-2590 zone .im plane to short if market open with rejections. and buy with good lots to this same zone.....
Bullish Levels -day closing for 2-3 days above above 11 (early entry) then 17.80 (safe entry) if sustains above this then tragest can be 23 to 28 long term tragets can be around 173 to 182 Bearish levels :- Day closing below 8.50 Swing trade SL then 6.80 (SL for Long term Investor) below this more bearish **Disclaimer - I am not a SEBI registered analyst or...
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before...
We observed the market tapping into a key 15-minute order block, indicating potential buying or selling pressure. Additionally, price action has recently rejected from a 5-minute Fair Value Gap (FVG), further confirming our setup. This presents a compelling opportunity for a reversal trade. Look for confirmation signals such as bullish/bearish candlestick patterns...
#BAJAJ_AUTO trading above Resistance of 10789 Next Resistance is at 12530 Support is at 9240 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration...
BankNifty levels for 30th Sep Monday Bias:- Bullish . Strategy:- Buy on dips. Reversal Pattern:- pull back to support areas. Bank nifty closed friday on support (demand area) from where it took support and rallied this is important area to check on monday open for accenptance or rejection. 53950 above Sustains long Targets 54150,54200,54350,54400. 53700...
Vedanta Limited has given a good weekly closing above its year 2010 resistance level after a good consolidation . Usually Such Multi year Breakouts are good for positional trading Potential upside targets according to Fibo are Target 1- 640 to 650 Target 2 ~800 As this is a multiyear breakout so it will may take months to reach those levels So be patient...
#M_M trading above Resistance of 2202 Next Resistance is at 2948 Support is at 1453.80 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
Exide Industrie s, a leading manufacturer of storage batteries in India, has made significant investments in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL). These investments are strategic moves to capitalize on the growing electric vehicle (EV) market and position Exide as a key player in the country's transition towards cleaner energy. The...
VCP pattern in Daily time frame is developing in ROLEXRINGS The Volatility Contraction Pattern (VCP) is a technical chart pattern often used in share trading to identify stocks that are preparing for a breakout. Key points from analysis: Lower high LH is formed RSI monthly and Weekly above 60 - indicating strong momentum . Share holding pattern - Public-...
"Just a few days ago, we analyzed HDFC Bank and predicted that its stock, HDFC, would rally. And sure enough, it delivered! HDFC surged by 7% and filled a significant price gap, showing strong momentum. Now, the big question is: Where will HDFC go next? A key hurdle lies at the 1800 level. If it can break through this resistance, we could see a substantial price...
Strong Bullish Sentiments, Supply and Demand speaks 66,000 Volume Support Confirmed 66000 incoming Tight SL
On daily and Weekly timeframe Ethena( XETR:ENA ) making fall wedge and made a breakout, already had 50% pump from bottom, still has room to grow we can see aroun 0.65-0.7$ range and range can be a bit of resistance, also Ethena team getting lot of good project and work based on there top tier skills as they developed product UStb fully backed by BUDL(blackrock) in...
In Jan 2023, NIFTY_TOTAL started outperforming Nifty Pulled up repeatedly despite election uncertainty, FIIs pulling out and many FADs Finally, in the last week of Sep 2024, this has closed under the WBBB Almost a 2 year trend has come to a close What this means, will be known in a few weeks, if not sooner. Do you know what this means? What happened...
A double top is a bearish reversal pattern in technical analysis, indicating a potential trend change from bullish to bearish. Here’s a breakdown of the pattern: Formation: It forms after an uptrend when the price reaches a high point (the first peak), then declines to a support level (the trough), and rises again to a similar high point (the second peak) before...
A double bottom is a bullish reversal pattern that typically forms after a downtrend. It resembles the letter “W” and indicates that the stock price has hit a support level twice before moving higher. Here’s a breakdown of the pattern: First Bottom: The price falls to a new low and then rebounds. Second Bottom: After the rebound, the price falls again to...