1. Opening Price Insight: • If the #Sensex opens below 85,500, expect a #bearish or #sideways #trend. • There’s a #support level around 85,600 according to #CPR, which may trigger a #buying opportunity if the #index retests this zone. 2. #Demand Zones: • 85,300 is highlighted as a solid #demand zone, likely to act as another key support if ...
A Quasimodo pattern appears on Midcap nifty on an hourly timeframe. Though most indices are hitting ATHs, the Midcap Nifty shows an apparent weakness. There is a chance to take a short trade with strict stop-loss. Note : For educational and paper trading purposes only.
The indusind bank stock follow the downside channel pattern, as per current situation, it is a good time to enter short sell in future or buy PE in option.
Swing Trading Setup: Entry Point: Enter the trade at the breakout of the descending trendline. A clear break and close above this line confirm the bullish momentum. In this chart, the entry would have been around the 0.00001900 level. Set the target around significant resistance levels or previous highs. According to the chart, the first target could be around...
DB Corp has a bullish structure, supported by volume, a BO from a C&H pattern yet to be confirmed. It's now trading at multiyear breakout level. Short term caution is advised due to the overbought RSI. A pullback to a support level may provide a better entry point for long term investors. Wait n watch for Confirmation, If the stock maintains above the BO levels...
Date : 26-Sep-2024 LTP : Rs. 165.61 Resistance Levels: (R1) Rs. 184 --> (R2) Rs. 210 Support Levels : (S1) Rs. 147 --> (S2) Rs. 142 Technical View: • NSE:TATASTEEL is in strong primary uptrend and was recently going through it's secondary downtrend within primary uptrend. • After touching the high of 184.60 on 18-Jun-2024, it has retraced 23% to 142.35...
This chart shows the long-term price action of Vedanta Ltd stock from 2008 to 2024. Here's an analysis of the key points: 1. Overall trend: The stock has shown a long-term bullish trend, forming a large cup and handle pattern over several years. 2. Price levels: - Current price: 501.75 INR - Historical high: 506.75 INR - Historical low: 58.15 INR 3....
a strong positive delta ( representing positive outlook) for LONG term we can clearly see a sharp increase in rise ( volume based) from 2600 Range. this rally has a pottential upside of 2750 $ on immediate weekly movement basis.
Ultratech Cement has witnessed a bullish breakout on the daily chart, indicating strong upward momentum. This breakout could signal a potential continuation of the uptrend, making it an ideal entry point for traders looking to capitalize on further gains.
NSE:ULTRACEMCO is Breaking the Consolidation range, crossing key levels after getting consolidated at Accumulation Zones, in Reverse Cup and Handle Pattern. Check out my other stock ideas below until this trade gets activated, would love to have your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should...
The stock is currently trading within an upward-moving channel, consistently forming higher highs and higher lows on the daily chart. This presents a favorable opportunity for a swing trade.
Buy formed in gnfc bullish flag. Expect target to reach soon
APOLLOTYRE - Watchout for pull backs It looks like you uploaded multiple stock charts, including for M&M Financial Services Ltd (M&MFIN) and Apollo Tyres Ltd (APOLLOTYRE). Here’s a quick technical analysis based on the charts you provided: ### . **Apollo Tyres Ltd (APOLLOTYRE)** - **Cup and Handle Pattern with Double Bottom:** The chart displays a **double...
Hindalco Moving in Parallel Channel in Uptrend with Sideways Momentum Expected. Hindalco is currently trading within a well-defined parallel channel, showing a strong uptrend. The stock has respected the channel's boundaries, with consistent higher highs and higher lows. As the price approaches the upper boundary, some sideways consolidation is anticipated,...
A clear break of Matherson, expected to move to 240 level
NSE:SAIL is on the Verge of Closing above the Falling Channel; today it closed above Key Levels and with Good Volumes and it was able to close above 100 EMA. If it closes above the falling Channel and 156 Key Level Further Upside, it may go back to the accumulation zone if it fails. Disclaimer: This analysis is intended solely for informational and...
The chart of M&M Financial Services Ltd (M&MFIN) indicates a classic cup and handle pattern forming, which is a bullish continuation signal typically pointing to a potential breakout. Key Observations: Cup and Handle Formation: The chart shows a rounded "cup" shape between mid-2023 and mid-2024, followed by a smaller consolidation resembling the "handle." This...
Gillette has completed and broken out of a long rounding bottom and All Time High on a weekly Time Frame. Good for entry now