- parallel channels break out may happen if a weekly candle sustains above the resistant line - cup and handle formation may happen only if parrel channel resistant line breakout failed
NSE:UPL finally breaks out. Once a Nifty 50 contributor slumped massively and looks like it is ready to reverse. It was on my radar since past 3-4 weeks and just wanted it to break above the resistance firmly. It broke out and now it has re-tested and ready to rock!
CSK will qualify or not!? We don't know but India Cements is ready for an hourly tf breakout. Also has a weekly tf double bottom breakout awaited.
Overview & Observation: 1. Channel breakout after a long consolidation. 2. Volumes are not looking great. 3. Bounced from 200 DEMA. Trade Plan: 1. RRR is unfavourable. 2. A risky long position can be planned with a 5% SL and 7% target. 3. Stop Loss below 50 DEMA on closing basis. - Stay tuned for further insights, updates and trade safely! - If you liked the...
General elections in India are going on and they are expected to be the WORLD's COSTLIEST elections. DMK, a closely related political party to NSE:SUNTV is among the top spenders on Google Ads despite being limited to one state. Expecting a huge ad spend by parties on Sun TV channels across South India. Stock is ready for inverted H&S breakout. Results will be...
#Solana ( CRYPTOCAP:SOL ) has formed an ascending triangle pattern, a bullish continuation pattern that often signals a potential upward breakout. Additionally, the RSI is in the oversold region, indicating that the asset may be undervalued and a reversal could be imminent. SOL is also bouncing from the Fibonacci retracement level of 0.78, suggesting strong...
NSE:NIFTY back to re-test, if you are convinced that election results will be what markets want then here we go. Nifty is back to its breakout levels. One can enter as markets are expected to move as soon as exit polls will be out.
NSE:LTTS is ready to reverse after 5 weeks of fall. A small cup & handle breakout, re-tested to indicate we probably have the low for now. 6% stoploss for much higher risk-reward makes it a good candidate for investment.
See the chat above and study carefully and take position at risk reward
See the chat above and study carefully and take position at risk reward
stock looks comfortabley good for a nice bullish upmove as price is basing on in uptrend and with everyhthing aligned in its way- the stock should make decent way on the upside.
Coupling news had hit this monopoly stock really bad but finally a head & shoulder breaking out after base formation. NSE:IEX is that beaten down stock whose price is hit badly but the finances are not that bad. Was overvalued earlier and still trading at 45+ P/E but that'sthe premium it deserves for being a monopoly stock.
GETTEX:NOT Market Alert Price is currently rising while CVD (Cumulative Volume Delta) and open interest are declining—a potential signal for a downside move. Key Levels: Primary Downside Target: $0.0165 Secondary Downside Target: $0.0125 Critical Support: $0.015 Invalidation: Sustained price above $0.025 could negate this bearish outlook, indicating higher...
Overview & Observation: 1. Breakout of ATH levels and price sustaining higher levels are signs of strong buyers. 2. A strong trendline breakout candle will be expected. 3. RRR is favourable. Trade Plan: 1. ENTRY = CMP 2. STOPLOSS = 10% 3. TARGET = 70%++ - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to...
Market can be volatile or trendy. Based on its opening. 1. Flat open below 50200 will be strong trend for bears will try to accomplish 49200 300 levels. 2. Gap up above 50200 will be sideways to bullish can achieve levels 50500 least. If momentum is fast then can reach previous high. 3. Gap Down below 49000 is unexpected but can trigger panic. And well any...
Monthly Time Frame: Weekly Time Frame: Overview & Observation: 1. Inside candle formation on monthly. 2. Trading at crucial levels, either side move is possible. 3. Hourly candle closing above 2390 for long position planning and bearish view only after breaking of demand zone. Trade Plan: 1. Need to observe the price behaviour for the coming days to...
1. the market has made a strong breakout 2. the market has been making higher highs and higher lows 3. So it is in an uptrend and shows strong bullish nature 4. Wait for the market to make a pullback because it had already made a very large move 5. Take an entry immediately after a choch in the 1 hour time frame 6. If the trend is so strong then the market might...
ACC is on the verge of a C&H Breakout. A entry can be made above 2787 with a SL at low of Breakout candle.