Head and Shoulder Pattern Breakout in weekly chart. Breakout took place after 4 years.
Avanti Feeds Ltd 1) Time Frame - Weekly. 2) The Stock has been in a Downtrend since (November, 2017). Now It has given a Downtrend breakout & Closed with good volume & good bullish momentum candle in weekly Time Frame. 3) The next resistance would be around the price (770 - 25.10% from the price 615.40). Followed by this, The stock may reach it's Previous Life...
Technical Outlook Of Cosmos (ATOM) Crypto Price ATOM price had been doing great until March 7th, 2024, when the price was rallying and reached $14.20. However, the price was not able to hold on to its gains and plunged, by following a declining trendline. However, the Cosmos crypto fell up to $7.20, which gave candle closing to form a support at $8.00 by...
Contraction Pattern Supply diminishing & demand increasing Volume rise
Short Term Trading Advice by Goodluck Capital Buy JBM Auto Buy Range- 2020 - 2080 Target- 2250 - 2300 StopLoss- below 1900 Potential Return- 10-12% Approx trade duration 14 - 15 days
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
Short Term Trading Advice by Goodluck Capital Buy Tejas Networks Buy Range- 1125 - 1150 Target- 1250 - 1270 StopLoss- below 1055 Potential Return- 10-12% Approx trade duration 12 - 14 days
General EWT Count. Pullback to 0.618% can 't be ruled out to complete B wave and then expect C wave to start for bigger down move Disc : It's not an investment advise to buy or sell. Do your research
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Aegischem forming Cup shape pattern (18/5/24): Entry above 634 (Candle close), Short Term Target1: 690-700, Long Term Target2 (800-825), SL ~585 Once price moves up to by Rs 675, Move SL to cost. Disclaimer: Study only for Educational Purpose. Remember: My Money, My Risk, My Reward, My Responsibility. Please Consult SEBI registered Financial Advisor for any...
Short Term Swing Stock Pick: Orient Cement Orient cement has successfully reversed from a 9 year high breakout zone and bottomed out. Also, the stock has made breakout of a trendline resistance marking the end of a correction phase. The Stock is up over 7.8% in Intraday and can be good pick for short-term swing trade.✅✅ Entry: 223✅✅ SL: 212❌❌ TGT 1:...
Technically nifty breaking out of the channel after multiple attempts.
Fiem Industries Ltd was originally incorporated in India as Rahul Auto Private Limited on February 6, 1989, in New Delhi and was founded by Mr. J.K. Jain. It is engaged in the business manufacturing and supply of auto components like automotive lighting. Co. enjoys a significant market share for supply of automotive lighting & signaling equipment and rearview...
Parallel channel working in bank of india , long investment idea perfect stock , for first target is 180,,,,
#ASHOKA trading above Resistance of 162 Next Resistance is at 196 Support is at 116 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
Gold seems to have triggered a reversal for a C wave Impulse in the coming weeks, Let's see how it will pan out.
The setup is low risk high reward. A nice base formation refusing to fall 5 times. Stage 2 Stock New India Assurance Company Ltd is India's largest non-life insurance company. It is promoted by the Government of India (GoI) holding ~86% stake Presently, the company operates through a network of 2,200+ offices across 29 states and 7 UTs in India Presently, the...
Well Well Well ! What do we have here? A fantastic day at the markets where people are rejoicing their portfolio's in green especially if they were holding Railway and Defence stocks in particular. Anyways, today is Thursday and tomorrow's closing according to me would be key to understanding this illusion (if any). I am skeptical because there is a strong...