After a swing of 18% now a Gravestone Doji candlestick pattern is formed on the top. The breakdown of 26,825 will open the lower levels. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
This will remain as one of my most favourite idea if breakout goes successful. Trade logic: An inverted head and shoulder breakout is on the cards. The most exciting and unique observation from this chart is that a similar IHNS breakout happened in 2021. But the breakout failed. However, the stock again has created an inverted head and shoulder pattern with the...
Stock Has given a breakout on a monthly time frame. We have observed that stock has been trading in range since 2007 and now it has come out from the range. hopefully, it can give more than 100% return in the next 1-2 years. If your trading style is like swing trading for 1-2 months then skip this one. If you are okay to hold for 1-2 years, this can give great return.
The price has given the breakout of the structure. Also RSI is above 60, so the probability of an uptrend is very high. The next Important Level is 3,838 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Symphony LTD Analyasis on 16 Jun 24 Double bottom formation stock PE (58) less than Industrial PE (89) Stock is above all moving average Monthly RSI is above 65- try to buy on dip til 1200 to 1225 Keep strict stoploss 1100 target 1300 1350 - 1400 - 1500 Double bottom target 1580
Stock is in consolidation phase Dips can be used (half qty in dips and the rest on confirmation break out) Good potential in the business segment
Overview & Observation: 1. Beautiful Double bottom formation. 2. Prices are showing weakness currently. 3. Might see some strength build up later once it starts moving ATH (200 levels) Trade Plan: 1. Just keeping it on my radar and will observe its price behaviour in coming weeks... - Stay tuned for further insights, updates and trade safely! - If you liked...
Good breakout Good potential stock Offering good risk to reward
In the GBPUSD 4-hour setup, the price has breached the previous sell-side liquidity and is now converging with the 4-hour Point of Interest (POI). I am anticipating a buy-side entry after receiving confirmation from the 15-minute setup.
Chambal Fertilizer analysis on 15 Jun 24 Stock PE (13) is less than industry PE (30) RSI Above 65 Formation of rounding bottom If come down try to buy near 390 to 400 Stoploss - 310 Target 460 - 500 - 550 Rounding bottom Target 650 to 680
Overview & Observation: 1. 70% Fib support zone. 2. Good volume support 3. Breakout & Retest done. Trade Plan: 1. Eyeing 20% upside with 10% SL 2. RRR is okay, not great! - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a...
Good fundamentals Good breakout Dips can be used Good at CMP as well
In the BTCUSD daily setup, we anticipate the price to sustain its current trend in alignment with the higher timeframe trend. Our focus is on buying opportunities from the daily Order Block (OB) with confirmation signals on the 15-minute chart.
Market Should be bullish at the time of breakout then only entry can be taken Otherwise it. Will show negative movement in negative market
Gold seems to continue its bullish move after a short retracement , Technically , its tapping weekly fvg , and showing minor bullish movement over there , Give us oppertunity to build a bullish trade
Market Should be bullish at the time of breakout then only entry can be taken otherwise it can fall in negative market
If market bullish then only entry should be taken otherwise in negative market It will show selling pressure
Small target entry Market Should be bullish at the time of breakout Then only entry should be done