After striking resistance multiples times price broke the resistance , now the previous resistance will become support
📊 Technical Analysis: The stock has broken through its 1-year resistance level, a barrier it tested three times before. This breakout was supported by strong volume, indicating potential strength behind the move. Now, the stock has pulled back for a retest on the Weekly time frame. 📈 What to Watch For: A successful retest with consolidation or a bullish...
Currently, Notcoin is trading just above its $0.0070 support level, but beneath dynamic EMA bands (20-day, and 50-day). Since June, the token has been trapped in a falling wedge pattern, repeatedly testing lower resistance levels. If the lower-low spree keeps on, the next significant support is around $0.0046, and falling below this could lead to further...
The stock is trading at premium. Positive price action seen in SBI CARD in past few days, Daily and Weekly breakout done in the stock and ready to move in upward direction of the chart. So, 1000 and 1200 levels can be seen in the stock in next coming months.
Technical Analysis of Bandhan Bank: Bandhan Bank is currently in an accumulation phase, characterized by relatively high trading volumes. The stock is showing strong weekly momentum, suggesting potential upward movement. Key resistance levels have been identified, with Resistance 1 at 258 and Resistance 2 at 345. However, with the Nifty index trading at its peak,...
A possible view for HINDCOPPER in short term. The script is forming an inverted H&S pattern on daily timeframe. The script seems to be in wave iii of wave 1 or larger wave 5 (on weekly timeframe). But for the purpose of this post, from a FIB perspective, we have completed wave 1 and wave 2 (at 0.618) retracement and are now advancing in wave 3 with an immediate...
This image shows a price chart for Escorts Kubota Ltd stock, Here's an analysis of the key elements: 1. Price Action: - The stock has been in an overall uptrend since April. - It formed a symmetrical triangle pattern from June to September, which it has now broken out of to the upside. - The current price is 4,079.25 INR, up 4.88% on the day. 2. Key...
Date : 21.09.2024 National Fertilizers Limited Timeframe : Day Chart Technical Remark : Formed descending triangle pattern & at support of neckline + support & resistance zone. Add on dips. Important News Impacting Stock : On September 18 trade after Union Cabinet approved Rs 24,475 crore subsidy on phosphatic and potassic (P&K) fertilisers for the rabi...
Stock has been analyzed based on my trendline analysis. Please note that levels given are for training and educational purpose only. Please do consult your financial advisor before investing in the stock
Stock has been analyzed based on my trendline analysis. Please note that levels given are for training and educational purpose only. Please do consult your financial advisor before investing in the stock
Hello everyone! It’s me again, Alisa. Let’s dive into today’s gold prices together! Just as I predicted yesterday, gold has surpassed the $2,600 mark, setting a new historical high. This precious metal has surged over $35/ounce compared to the previous session’s close, equating to a 1.37% increase. Tensions in the Middle East and investors’ bets that the Fed will...
Stock:- Asah india Trend :- positive Setup:- tripple top breakout with volumes Timeframe:- daily Buy :- at current level or retesting Stoploss:- breakout candle low Target :- 10% NOTE :- PLEASE CONSULT YOUR ADVISOR BEFORE INVESTING IN STOCKS WHICH I RECOMMENDED
Stock:- Lodha Trend :- positive Setup :- previous swing high breakout with volumes Timeframe :- daily Buy:- at current price or retesting support Stoploss:- below breakout candle Target :- at all time time NOTE :- PLEASE CONSULT YOUR ADVISOR BEFORE INVESTING IN STOCKS WHICH I RECOMMENDED
Diwali special stock havells. Ready for good move. 2000 breakout can lead to 2260 2400 2480 2560 2620 2700 2835. Follow the targets. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can...
It must be as it is a ratio indicating how costly Gold is to Silver I feel that after the recent Gold mega bull run, silver has some legs to go!
Info edge. It looks like it will finish the rounding bottom. Targets are big. Please follow the analysis. will update time to time also. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can...
NHPC has been moving in a Parallel Channel from January. No green candle has closed above the upper trendline. There is also a Resistance Zone between 115-119. After testing the above resistance zone the price has been continuously falling to touch the Bottom Trendline. Yesterday a green candle has been formed signalling a trend reversal. A buy can be initiated...
NIFTY 50 INDEX will do one last up marked by a trend line in the form of rising wedge. Possible zone 25400-25600. It can do directly or can go by one dip but it will fast so as to trap more & more retailers on the way. Below is the marked RSI trend line which can give the idea of top as well as we are running divergent. Closing below 25700 level view in invalid.