Hikal has broken out of downward slopping channel on monthly chart. Looks like the move could be till 700-750 levels. Currently at 0.50 levels on Fibonacci.
The price of gold today has not changed much, remains high above and is currently moving around the $ 2573 area at the beginning of the morning. Today I will only talk about the adjustment trend of this precious metal. It is currently limited to the rise below the threshold of $ 2590 and we can come up with the idea of the selling strategy for this metal with...
After the big rally on Thursday we saw consolidation for couple of days, now we are good for the rally to continue upside. IT IS LONG with targets of 25800+. DYOR. Educational only.
On Tuesday, BankNifty opened with a gap up and traded within a narrow 200-point range throughout the day, closing at 52,188.65, gaining 35 points. The 15-minute ascending trendline mentioned in the previous post was broken in the first 15 minutes, but no significant drop followed, indicating that the bulls still have the strength to hold the index. The Weekly...
The chart you've shared appears to represent a daily price chart of **ICICI Bank Ltd.**, with several technical patterns and annotations, primarily focusing on a **Cup and Handle** formation. Here’s a breakdown of key components and analysis: ### **Cup and Handle Pattern**: - This is a bullish continuation pattern, indicating the potential for further upward...
Banknifty trade setup. If it breaches 52300 level then it moves to its life time high.. immediate support at 51800.
- Chambal is currently trading at 519 - I am soon expecting Chambal to purge 530 as well - If you are late then it is better not to catch the breakout if your entry is not conservative - If you try longing after taking a confirmation from the breakout a Buy Side Liquidity trap will stop you out showing a bullish fakeout - So Avoid longing chambal when the party...
- ACC Cement is currently trading at 2506 - ACC has moved up fair from my call out and now looks all set to move higher - But before turning extremely bullish make sure to factor in a conservative entry - We can see ACC approaching or retracing back to 2400-2420 - Timing and Location is everything when it comes to swings - Manage risk properly and just make...
CVNA Loves the MAs. This stock will scare you straight, and still have you rushing back for more. Patience and expiry are key here. I like January expiry on calls. Look at the chart and you'll see the bottom volume strength, as well as the buyer strength over sellers Looks good. NFA
Volatility Compression pattern development - 2 stages completed . We can expect another 1-3 compression patterns before real break out
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
btc good short opportunity max profit till target based on harmonic half bat pattern
Fundamental Reasons for Bullish Sentiment on VRAX: Revenue Growth: Virax Biolabs achieved significant revenue growth of 1,727.11% year-on-year in 2024, indicating a rapidly expanding business. Strong Demand for Mpox Kits: Virax's Mpox RT-PCR detection kits are in high demand, driven by recent distribution agreements in Europe and the Gulf Cooperation Council...
Maruti is at its support of 12000 and Resistance is 13000 and it's in the distribution phase if it breaks 12k its downward momentum and if it does not break it works as support to move again to 13k. Disclaimer - The chart is for Education Purposes only.
Nifty 50 made a wonderful bullish flag and pole pattern Buy above the breakout of level 25445 and sell below 25355
INDOBORAX made ATH breakout with good volumes, we can but at current price and rebuy if price falls to 235 , 231 levels.. with SL @ 227 on Daily closing basis Targets : 255, 275 Chart also made cup pattern, it might form handle too... If you want to follow cup and handle, then have SL @ 210 Note : I'm just sharing my view, not a buy recommendation!
Intraday Levels for 18/09/2024. Demand and supply zone. SL for every trade shiuld be there.