CIPLA-Rising -Rising wedge Breakout Name - CIPLA Pattern - Rising wedge Status - BreakOut with good volume Cmp - 1654 Target - 1850 SL - 1600 Pattern A rising wedge pattern is a technical analysis tool that often signals a potential bearish reversal. It forms when the price of an asset is moving upward, but the trendlines converge,...
Bitcoin is still consolidating at the support zone. most probably its gonna pump back to $65,000 zone in couple of days. But in case if it is breaking the current support zone we can see the price breaking down towards the next support zone BINGX:BTCUSDT.PS
The share price has fall into oversold zone again, expecting short term rebound with target price at green zone
On the weekly chart, the stock has shown strong buildup. RSI and Volume are also rising. If the 50 levels are retained on the weekly closing, we can expect good runup to targets like 57, 65. News: A new government policy that permits sugar mills to generate ethanol from cane juice or syrup for the forthcoming Ethanol Supply Year (ESY) 2024-25 resulted in a...
Weekly chart shows buy signal for mid term target at red box zone With the weekly candle piercing the previous support and following a green candle in this week, we could expect the price will try to reach its resistance again In the horizontal zone retracement was 1, 33%, 2, 24% and the latest 30%. The first low US$54.00 will serve as the 2nd support
Bank Nifty Weekly Analysis For 02-09-24 to 06-09-24 50700-50800 is the Major Support for Next Week. Bank nifty has given breakout of Downside Trendline that is holding the Downtrend Since 04/07/24. XABCD Activated Previous Week. Change of Character(CHoCH) in 4hrs Chart. Long Confirmation is Above 51550 for the Targets of 52000/52680. Our View will be failed If...
Dr Lal Pathlabs Limited shown consolidation and correction and in charts It can be seen in sorter time frame it has given rounding bottom break out. Now after that if we see a longer time frame there is a big rounding bottom potential breakout happening it is also indicated by FII & DII holding increased by significant %
Bank Nifty Weekly Analysis For 26-08-24 to 30-08-24 50700-50800 is the Support for Next Week. XABCD Pattern got activated. If Bank Nifty Sustains above 51100, more Upside possible and targets are 51580/52000. If Bank Nifty trades below 50700, Index will go back into Range between 49700-50700. View: Upside to sideways.
📊 Script: TATA CONSULTANCY SERV LTD 📊 Sector: IT 📊 Industry: IT - Large Key highlights: 💡⚡ 📈 Right now the stock is in upward movement as per the daily charts from Aug 14 2024 with key support levels at 4460(S1) and 4390(S2) and resistance seen at 4592 being 52 week high. RSI is in overbought category will look for divergence in case of pattern reversal. Stock...
Bank nifty taking resistance at anchored vwap from recent high. Should fall from here.
"Dynemic Products Ltd." is about to change it's overall structure on monthly basis (bullish). In near time, we can see it touching it's ATH and also, making a new lifetime high. This is going to be a mid-to-long term swing trade. Wait for a strong breakout on weekly basis for entry and volume should be a vital parameter to look for during breakout. The low of the...
📊 Script: TATA CONSULTANCY SERV LTD 📊 Sector: IT 📊 Industry: IT - Large Key highlights: 💡⚡ 📈 Right now the stock is in upward movement as per the daily charts from Aug 14 2024 with key support levels at 4460(S1) and 4390(S2) and resistance seen at 4592 being 52 week high. RSI is in overbought category will look for divergence in case of pattern reversal. Stock...
New india assurance short term positive . Sep 8 GST meet and all insurance stocks are in positive trend .. this is for education purpose only.
ADSL is in data centre theme with a market cap of 1000 cr. It is available at a very good valuation .P/E of 22 as compared to industrt P/E of 34. On chart it has given breakout for cup pattern. short term target is 250 . After crossing 250 on weekly basis it can test it 14 year high of 280 once it is crossed it can easily go to 475 - 500. This is not a...
Moving Averages (MA): The script uses two simple moving averages (SMA) — a shorter one (default length of 9) and a longer one (default length of 21). The strategy is based on the crossover of these MAs. RSI (Relative Strength Index): An RSI indicator is used to check if the asset is overbought or oversold, adding another layer of confirmation for buy or sell...
Please consult your financial advisor before investing.This is only for learning purpose of chart. We are NISM certified EQ and MCX trader but not SEBI register investment advisor. Stock can go upto 350-360 in coming weeks
Please consult your financial advisor before investing.This is only for learning purpose of chart. We are NISM certified EQ and MCX trader but not SEBI register investment advisor.
Please consult your financial advisor before investing.This is only for learning purpose of chart. We are NISM certified EQ and MCX trader but not SEBI register investment advisor.