Rpower showed up on the scanner and gave handsome 12% returns in few days. Now Princepipe and VIPind has come up. Lets see how this goes. SPARC which did show up on the scanner is just passing time and not doing anything, hasn't hit the SL or TGT but I got out of it with minor gains and then employed the amount in Rpower.
Fresh highs seen on Nifty Already it is in good move Weekly range: 26200-25300 I am just representing my views For educational purpose only.
All time high closing A breakout above 52000 and weekly close Now after a consolidation Nifty bank has started its up move Weekly range would be 54800-52000 It can be more up side also as it has entered its blue sky zone I am just representing my views For educational purpose only.
Date 22.09.2024 Indus Tower Timeframe : Day chart Remarks : 1 Formed a strong support trendline since December 2023 which was re-tested by 4 times & had sharp bounce from there 2 On recent closing formed Inside Bar after long selling candle. 3 At RSI it is in Oversold region. 4 Trade set-up will be Inside bar, High-Low break 5 If breaks out the Inside...
A very good triangle breakout on bajajfinserv is seen thos can give good target. Since this is monthly i am keeping target open buy on any small dips will reduce SL.
DMART - VCP Pattern Breakout On Weekly Chart The stock has formed a Volatility Contraction Pattern (VCP), indicating a potential bullish move. A breakout above the resistance level has occurred, signaling further upside potential. Volume - A noticeable increase in volume supports the breakout, which is a positive sign for continuation of the upward trend. ...
Hello friends, today I am sharing an idea with you all which can work as an additional perspective for traders who are already in long positions in Banknifty and as a trading idea for me so let's quickly talk about it below. So as you can see that in the last working session price broke the old all-time high horizontal resistance and gave a new all-time high...
The weekly chart for Crest Ventures Ltd shows a potential cup and handle breakout, a bullish reversal pattern. Key factors supporting this bullish outlook include: Cup and handle pattern formation. Breakout from the handle formation. Bullish divergence in the RSI. Positive crossover of 50-day and 200-day moving averages. Trading Idea: Entry: Buy...
Hi, NSE:SHRADHA has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and...
Dalmia Bharat Sugar Industries Ltd appears to have formed a round bottom pattern. Bullish - cup and handle pattern Disclaimer: This analysis is based on the provided chart and is for informational purposes only. It does not constitute financial advice. Always consult with a financial advisor before making investment decisions.
Breakout from triangle pattern with volume spike RSI showed bullish divergence ADX positive crossed above negative MACD line crossed above signal line Multiple pattern confirmation seen High chances of makes new all time high at level 4750
IRCTC Stock: A Technical Overview with RSI Insights 📉 Disclaimer: This is a technical analysis of the IRCTC stock and does not constitute financial advice. Always consult a financial advisor before making any investment decisions. 🔍 Chart Overview The chart under discussion represents IRCTC (Indian Railway Catering and Tourism Corporation) on the NSE, set on a...
In the case of NIFTY FIN SERVICE, the analysis of an ascending channel involves the following steps: 1. Identifying the Trend Bank Nifty is in an overall uptrend, with a clear formation of higher highs and higher lows. The upward-sloping channel is confirmed by drawing two parallel lines that contain the price movement o The lower trendline (support) connects the...
Simple trendline on the ‘weekly’ ‘log’ chart. Joining the bottom of March 2020 and March 2023. Stock is down 17% from all time high.
In the case of Nifty, the analysis of an ascending channel involves the following steps: 1. Identifying the Trend Bank Nifty is in an overall uptrend, with a clear formation of higher highs and higher lows. The upward-sloping channel is confirmed by drawing two parallel lines that contain the price movement o The lower trendline (support) connects the series of...
Recommendation: On Daily Chart Basis On Bull side of Daily Chart Buy at / above: 25800.39 Targets: 25827.64 - 25867.82 - 25908.03 - 25948.28 Stoploss : 25760.25 On Bear side of Daily Chart Sell at / below: 25760.25 Targets: 25733 - 25692.9 - 25652.83 - 25612.8 Stoploss : 25800.3 look for break out break down paper trading education only
In the case of Bank Nifty, the analysis of an ascending channel involves the following steps: 1. Identifying the Trend Bank Nifty is in an overall uptrend, with a clear formation of higher highs and higher lows. The upward-sloping channel is confirmed by drawing two parallel lines that contain the price movement o The lower trendline (support) connects the series...
Recommendation: On Daily Chart Basis On Bull side of Daily Chart Buy at / above: 53824 Targets: 53855.07 - 53913.09 - 53971.14 - 54029.22 Stoploss : 53766.01 On Bear side of Daily Chart Sell at / below: 53766.01 Targets: 53734.91 - 53676.96 - 53619.04 - 53561.15 Stoploss : 53824 look market structure and price action for scalping paper trading only