OR LEARNING PURPOSE MUTHOOT FINANCE LTD - The current price of MUTHOOT FINANCE is 1773.15 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 ATH and breaking the resistance of 2.5 years 3. It is showing better relative strength as it stood strong in volatile times ...
It is a risky bet since it made a huge doji on Weekly TF and the selling volume is huge on that candle though the prices are sitting at a good level, one can plan a LONG position with 10-15% MAX SL. However, the RRR doesn't look good to me honestly... Trade details: Entry - CMP 840 SL - 799 TP - 850,900 - Stay tuned for further insights, updates and trade...
SYNGENE INTERNATIONAL LTD Key highlights: 💡⚡ 📈 On 1 Day Time Frame Stock Showing Reversal of Broadening Wedge Pattern. 📈 It can give movement upto the Reversal Final target of Above 768+. 📈 There have chances of breakout of Resistance level too. 📈 After breakout of Resistance level this stock can gives strong upside rally upto Above 874+. 📈 Can Go Long in this...
For education purposes only. Not a buy-sell recommendation.
BLUEDART has broken its mid term resistance at 7400 and now headed to its long term resistance at 7900-8000. If this manages to close above 7900 (8000+ for safe traders), it can witness good upside momentum. 7400 level will become support area (SL). 9000-9100 is target 1. Once this target is reached, will post an update.
Considering we have uncertain times and the chart's formation is also not providing clear direction of where the market seems to probably trend, we will go step by step and try to decode what market is forming on 15 Mins TF this week. As of end of market today, we have the following chart formation available. As per Elliott principle, we have 12345 completed from...
Hello Guys. When ever the New Trend emerges. Those who are late comers / Confirmed comers like me into the trends will look for. 1. Stock is Creating a zone & waiting in the box. 2. Doji is very interesting candle. If it formed between the move has started , this indicates a Trend pause & will continue once the high of the doji is Breached. 3. RSI signal &...
1. Volumes are low 2. Risk of BO failure 3. For now prices are sustaining above the BO level that's a good sign 4. Below Dz will be the best area to go long. 5. Trade with 10% SL - 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...
Closer to Weekly trendline BO above 1520 Target 1- 1550 Target 2 - 1600 SL- 1490
very strong upmove is waiting recent low formed at 61 level and broke recent resistance
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
#Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or support 15-minute candle. (S/R Levels Will be Flipped in The Situation of Gap up OR Gap down Open, Support Will Turn in Resistance and Resistance Will Turn in Support) (This Analysis and idea is based only on support and...
Hello Guys. Niffty is Planning out to reverse from this support zone & could move upwards in Future. RSI shows Hidden Bullish Divergence in the 1hr time frame. The range breakout to be Happen on Tomorrow or Friday. This new breakout in Nifty could be Very volatile. Still now Not holding any positions once the Move is Confirmed will go for Long. HAPPY TRADING
Range bound in Day chart BO above 9910 Target 1 - 10220 Target 2- 10390 SL- 9800
Range bound in Day chart BO above 9910 Target 1 - 10220 Target 2- 10390 SL- 9800
Recently, this week Ripple has been struggling to maintain its position. When the price of Bitcoin plummeted, almost all crypto assets had a rough day. This week, the price has dipped by 7.80% due to a shift in market sentiment indicators portrays bearishness, as BTC was down. However, the candle formation on June 12th signifies that bulls are attempting to gain...
MARKET STATUS: 1) The market has made a lower low making a change of character from the long to the short side 2) this choch has been made with a heavy imbalance ( fair value gap (fvg)) 3) this is what indicated a short bearish momentum and the market is expected to be bearish for some time 4. the market has been making a pullback 5. the entry can be aimed at...