On Monday, BankNifty opened with a gap up, made a new all-time high of 54,197.95, and closed at 54,105.80, gaining 312 points over the previous close. The Weekly Trend (50 SMA) remains positive, while the Daily Trend (50 SMA) has turned overbought from positive. Support zones remain unchanged from the last post. Demand/Support Zones: Near Demand/Support Zone (30...
Gift nifty is about to start its correction of wave 4, degree is not clear. either its takes support at 25800-25750 level and then makes a new new all time high. But on break below 25750 Fut for 1-2 hours can bring 25450 level which could again be used to buy again with Sl of 25250 on closing basis for new all time high.
On Monday, Nifty opened with a gap up and remained strong throughout the day, making a new all-time high of 25,956 and closing at 25,939.05, gaining 148 points over the previous close. The Weekly Trend (50 SMA) has turned overbought from positive, while the Daily Trend (50 SMA) remains positive. Support zones remain unchanged from the previous...
Hello, it's Alisa again! How is everyone's Tuesday going? Today, let's explore the current gold price situation together! Despite the USD index trending upwards, the gold market is still impressively rising. The main reason stems from investors' optimistic sentiment following the Fed's decision to ease monetary policy. Additionally, escalating geopolitical...
Amber enterprise, 5000, running now after CUP & Handle breakout at 4000-4100 range. Now with massive volumes stock is into bullish momentum for next levels to come is 5400/6200/7400 Stock is into small cap category, so it will be investors oriented players only
The market will be opening flat as suggested by GIFT Nifty which is trading at around 11 points negative as of the time of publishing this post. Yesterday, the market was obeying the trendline support and resistance and as per what I predicted, it stayed within that trendline for the entire day. Today seems to be no different as I believe that the range for...
Reliance Industrial Infrastructure Limited - RIIL Here's an analysis of the key points highlighted in the chart: Monthly Chart 16-year high breakout: The stock has broken out of a multi-year consolidation pattern, indicating a significant bullish move. Multi-year breakout and retest: The price broke above a key resistance level around 1135 INR and then...
Market structure based resistence support for Nifty..expecting to continue the up move with minor retracements.. overall bullish ..
NTPC moving with imulsive 5 wave up of which wave 3 done near 226 and post that stock went into the consolidation zone for one month for wave 4. now moving up for wave 5. all-time high of stock is near 242
Moving in impulse wave up... of which wave 1 and 2 completed and wave 3 has started.. downside support 6250--6100 upside potentials 6500--6800 (1.618 fib level 6812)
Bajaj Finserv made triangle pattern. currently on daily chart it has given a breakout from triangle but also need breakout from triangle on weekly closing basis. Will keep the stock on radar for weekly closing. Weekly breakout from pattern on closing basis will take stock to previous high 1929 to 2100++
Big rally is awaiting on long side. Broke 25635 last week, expecting target 27538 would be on before diwali. Stop loss 25300. Final wave may extended to 32000
Here's an analysis of the key features: 1. Overall Pattern: The stock has formed a large cup and handle pattern over the past year, with the handle recently completing. 2. Recent Price Action: - The stock has broken out of the cup and handle pattern with a significant bullish move. - Current price is 4,994.65 INR, up 14.88% on the day, indicating strong...
Here's an analysis of the key features: 1. Overall Pattern: The stock has formed a series of cup and handle patterns over the past year, with the most recent one just completing. 2. Recent Price Action: - The stock has broken out of the latest cup and handle pattern. - Current price is 105.62 INR, up 19.78% on the day, indicating a significant bullish...
Support and resistance are key concepts in technical analysis used to identify potential price levels where assets may reverse or stall. Support: -Definition: A support level is a price point where buying interest is strong enough to overcome selling pressure, preventing the price from falling further. - Indicators: Support levels can be identified through...
Balu forge - weekly chart stock take support at 70 % of weekly candle Volume profile showing more BUY than SALE . Lets see what will be the Q-2 results disclaimer :This is not a buy sell recommendation - only for study purpose .
Yello, Paradisers! 🌞 Is TRBUSDT about to explode, or will it fizzle out? Let’s dive in! 💎TRBUSDT has broken out of its descending channel and formed a W pattern, which typically signals a strong probability for a bullish move ahead. 💎But here's the key—if TRBUSDT breaks above the resistance zone and closes a candle above it, we can expect the bullish momentum to...
Sui Price Rallies 60%: Should Investors Lock in Gains or Hold for More? Sui price noted a strong rally gaining 60% in the last couple of weeks. The weighted sentiment curve fell towards the zero line suggesting the investors are willing to sell after short-term gains. A strong rally of over 60% seems to be cooling now as Sui (SUI) investors are willing to lock...