1. The market has been making higher highs and higher lows 2. the price has already reached a significant target area for the bulls so it is not advisable to enter the trade right now 3. it might take a week or two for the price to make low in the form of a pullback 4. so wait for an entry again in a pullback HOW TO FIGURE THE EXACT LOW OF THE PULLBACK? 1. the...
1. The price has made a change of character from bullish to bearish 2. The bearish nature also seems to be strong because the breakdown below the strong low has taken place with a big fair value gap. 3. So an entry to the short side can be taken after a significant pullback or a trap of bullish traders in the lower time frame reduce the risk and for...
1. The time frame chosen for analysis is 4H 2. The market has been making higher highs and higher lows indicating strong bullish nature and the price is in an uptrend 3. The market also has been following a trendline below which there is a lot of liquidity 4. Before taking entry it is always advisable to follow the trend 5. Take the entry on pullbacks near the...
FOR LEARNING PURPOSE INDIAN ENERGY EXCHANGE - The current price of IEX is 179.65 rupees I am going to buy this stock because of the reasons as follows- 1. Its coming out from a good consolidation base 2. Its making a new high in 2 years and coming out from a long base of 2 year 3. It is showing better relative strength as it stood strong in...
- parallel channels break out may happen if a weekly candle sustains above the resistant line - cup and handle formation may happen only if parrel channel resistant line breakout failed
NSE:UPL finally breaks out. Once a Nifty 50 contributor slumped massively and looks like it is ready to reverse. It was on my radar since past 3-4 weeks and just wanted it to break above the resistance firmly. It broke out and now it has re-tested and ready to rock!
CSK will qualify or not!? We don't know but India Cements is ready for an hourly tf breakout. Also has a weekly tf double bottom breakout awaited.
Overview & Observation: 1. Channel breakout after a long consolidation. 2. Volumes are not looking great. 3. Bounced from 200 DEMA. Trade Plan: 1. RRR is unfavourable. 2. A risky long position can be planned with a 5% SL and 7% target. 3. Stop Loss below 50 DEMA on closing basis. - Stay tuned for further insights, updates and trade safely! - If you liked the...
General elections in India are going on and they are expected to be the WORLD's COSTLIEST elections. DMK, a closely related political party to NSE:SUNTV is among the top spenders on Google Ads despite being limited to one state. Expecting a huge ad spend by parties on Sun TV channels across South India. Stock is ready for inverted H&S breakout. Results will be...
#Solana ( CRYPTOCAP:SOL ) has formed an ascending triangle pattern, a bullish continuation pattern that often signals a potential upward breakout. Additionally, the RSI is in the oversold region, indicating that the asset may be undervalued and a reversal could be imminent. SOL is also bouncing from the Fibonacci retracement level of 0.78, suggesting strong...
NSE:NIFTY back to re-test, if you are convinced that election results will be what markets want then here we go. Nifty is back to its breakout levels. One can enter as markets are expected to move as soon as exit polls will be out.
NSE:LTTS is ready to reverse after 5 weeks of fall. A small cup & handle breakout, re-tested to indicate we probably have the low for now. 6% stoploss for much higher risk-reward makes it a good candidate for investment.
See the chat above and study carefully and take position at risk reward
See the chat above and study carefully and take position at risk reward
stock looks comfortabley good for a nice bullish upmove as price is basing on in uptrend and with everyhthing aligned in its way- the stock should make decent way on the upside.
Coupling news had hit this monopoly stock really bad but finally a head & shoulder breaking out after base formation. NSE:IEX is that beaten down stock whose price is hit badly but the finances are not that bad. Was overvalued earlier and still trading at 45+ P/E but that'sthe premium it deserves for being a monopoly stock.
GETTEX:NOT Market Alert Price is currently rising while CVD (Cumulative Volume Delta) and open interest are declining—a potential signal for a downside move. Key Levels: Primary Downside Target: $0.0165 Secondary Downside Target: $0.0125 Critical Support: $0.015 Invalidation: Sustained price above $0.025 could negate this bearish outlook, indicating higher...
Overview & Observation: 1. Breakout of ATH levels and price sustaining higher levels are signs of strong buyers. 2. A strong trendline breakout candle will be expected. 3. RRR is favourable. Trade Plan: 1. ENTRY = CMP 2. STOPLOSS = 10% 3. TARGET = 70%++ - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to...