IFCI break out at 65 in the weekly time frame. If he hold these level then in coming week it will be hit life time high at level 80. My target for IFCI Long term : 120 Short term: 80 If you are long term investor, it will be good opportunity to buy at this level.
Binance Coin ( CRYPTOCAP:BNB ) has recently formed a bullish pennant pattern, suggesting a strong potential for upward movement. This technical formation, characterized by converging trend lines following a significant price increase, indicates that the market is consolidating before potentially continuing its upward trend. The breakout from this bullish pennant...
The above information does not constitute investment/trading recommendation and it is purely for educational purpose.... INTRADAY Trading Strategy in 3 stages of breakouts: 1) Impulse upmove stage: The strong upmove (nearly upto 1.5% from trigger-price) happens within five minutes. "High Risk Traders" buy on breakouts in hope of continuation of upmove....
My view is nifty makes clear up trend channel and i draws support and resistance whenever it's broke the trend Fortherly markets move that side up side or down side other wise market swing on inside the channel
The stock has been in consolidation for quite long and was forming a cup and handle pattern the red line acts as a crucial support zone for the stock and the green line acts as a strong resistance which was broken lately . The stock has given a gap up in last trading session with good volumes which increases further reliability in the stock . the stock can fire...
Whole world is seems to be bullish now but on weekly chart of SPX, price is moving upward in bear wedge pattern with bearish RSI divergence. All major index worldwide are moving upward in same manner. Here you can easily see SPX weekly chart divergence & bear wedge. So be cautious with longs.
The stock is forming a complex inverse cup and handle pattern on the weekly timeframe additionally it has tested and breached crcuial resistance of 314 also the company is available at a decent PE of 17 however the fundamentals do not show any longlasting impact but still considering good volumes and great pattern the stock can give prolonged rally TARGET 1 ...
Cup and Handle Pattern : The chart shows a classic "cup and handle" formation, which is typically a bullish continuation pattern. There was a breakout above the handle, which is a strong bullish signal. The price broke above the resistance level formed during the handle, indicating potential for further upside movement. Resistance: The previous resistance...
Multiyear breakout Dips can be used to accumulate it Good returns expected Often times, Upside trending Breakout will give good momentum.
I daily make educational content videos for swing / positional trading
IEX is looking good buy. Entry levels around 170 SL of 160 levels Target 200 levels
Hello Traders, Welcome to SriTrader5121 ______________________________________ Overall view for the day Buy - with the support of s1 Sell - with the rejection of s1 Major Support - Around 497## Major Resistance - Around 502## See the price action at our zones, take the trade according to your Risk - Reward. Happy Learning and Trading – ...
18 JUN 2024 WORLD MARKETS 1.US market is mixed with S&P and NASDAQ bullish while DJI is bearish. Europe is bearish and Asia is mixed. INDIA VIX AND GIFT NIFTY 1. India VIX is at a low of 12 indicating lower premium and very less move. GIFT Nifty is indicating a flat opening. INDEX HEAVY WEIGHTS 1. HDFC Bank is at a crucial level of 1597. Any meaningful break...
IEX has formed a bullish chart pattern called Rounding Bottom. A rounding bottom, also known as a saucer bottom, is a technical analysis pattern that signals a potential reversal from a bearish to a bullish trend. It is characterized by a gradual decline in price followed by a gradual rise, creating a shape resembling a "U." Here's a detailed guide on how to...
Olectra Greentech Limited, a mojor electric bus company, in DTL BO zone. Also anticipation of BO of AVWAP from 52W High.
Hello Everyone. The market was in a bullish mode previous day. Let the market settle for first 30 minutes as we had 3 holidays and the premiums will decay and adjust very fast. Wait till market settle then trade as per plan. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before...
market standing at an important overbought level. Market had reacted aggressively downside whenever it trades above 50000, so its important to take a precise decision at this stages.
EUR/USD 4-Hour Analysis: Potential Bearish Continuation Chart Overview: This EUR/USD 4-hour chart analysis indicates a potential bearish continuation following a recent break of significant support levels and trend lines. Key Points: 1. Resistance and Support Levels: - Resistance: A strong resistance level is identified around 1.08520, highlighted with a red...