Weekly Chart Overview: EMA 21 and EMA 50: The stock is currently trading above the 21-week EMA (₹365) and 50-week EMA (₹332), indicating that the medium-term momentum is positive. This bullish alignment of EMAs suggests that the stock is gaining strength, and buyers are in control. EMA 200: It is currently positioned around ₹284, showing long-term support. Volume...
strong uptrend+ good earnings + recent bo from a short base
Aditya Birla Fashion & Retail Ltd (ABFRL). Below is an analysis of the chart: Key Observations: Price Movement: The stock experienced a correction of 39.75 INR (11.46%), followed by a recovery of 36.90 INR (10.63%). The current price of the stock is around 343.30 INR. Recent Recovery: After the 11.46% decline, the stock has bounced back, gaining 10.63%,...
Hello everyone, it's Alisa here. Today, let's explore how the EUR/USD currency pair is fluctuating! The EUR/USD pair has ended its upward momentum, continuing to decline today. This drop occurred after the release of PMI data, which showed that economic activity in the Eurozone is slowing down, while the U.S. data was only slightly better. On the 1-hour chart,...
Cipla Ltd. on the National Stock Exchange (NSE) with price data for a specific period. Here’s an analysis based on the chart: Key Observations: Price Trend: The stock has experienced a significant upward trend. There was a strong rally after a price drop. The chart highlights a price gain of 197 INR (12.85%) from a recent low to the current level. Price...
W, D, 4H and 1H timeframes clearly showing strong uptrend. So far no selling signal. So be a strong buyer.
#Optionbuyers #Niftyoptionscalping 1️⃣ Zones you always Like:- 👉Green zone- Institutional support 👉Red zone - Institutional resistance 👉Gap between institutional zones is always of 100 points 👉Zone is created with the help of pivot points and Fibonacci 👉Advance version of price action 👉Trades based on Nifty future chart 2️⃣ Trade Execution:- 👉Trade based on...
GOLD SHOWING A GOOD UP MOVE WITH 1:5 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline...
Current View: Structurally, a diagonal pattern is progressing. If the market rejects around the immediate resistance, or if the market initially declines, we can expect a minimum correction of 23% to 38%. If it breaks below 38%, the trend could shift into a correction phase. Conversely, if it does not break 38%, the diagonal pattern could extend further. This is...
Good morning, friends! 🌞 Here are the market directions and levels for September 24th. Market Overview: There have been no significant changes in the global and local markets; both have maintained a bullish bias. Today, the market is expected to open with a neutral to slightly positive gap, with SGX Nifty suggesting a positive move of around +40 points as of 8...
Breakout from the consolidation Good volume buildup Target 460/469 Stop loss 445 I am just representing my views For educational purpose only.
Looking at H1 we see wave 5 is completing - The target position of the end of wave 5 we have 2 target zones, the first zone is 2645 - 2648 and the second target zone is 2597 - 2700. For now we will choose the first target zone which is 2645 - 2648 as the target zone to SELL down - Below after the end of wave 5 we will have a correction according to 3 ABC...
Good morning everyone! 24th September 2024, Tuesday. So NSE:NIFTY gave a good upside as we analyzed. The target 26526 still looks achievable. However we need a little dip for that to overcome. The hurdle at upside is now at 26056. Support is at 25474. Below this 25265 is the short term support. One very clear instruction is that don't trt to short this...
Buy 50% at 124 , rest 50 % at 118 sl 107. Disc : It's not an investment advise to buy or sell
Buy IDEA at cmp 15.60 stop loss 12 closing basis Disc : It's not an investment advise to buy or sell
NIFTY Levels for Today Here are the today's NIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly,...
BANKNIFTY Levels for Today Here are the today's BANKNIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level....