MCX:CRUDEOIL1! ❇️ IMPORTANT LEVELS 🚀 ❇️ Support: 6464-6378-6240. ❇️ Resistance :6480-6520-6670. 👉🏻 @thetradeforecast 🇮🇳
Devyani International has broken the BoX pattern. The stock has shown Strong Momentum: Price above short, medium, and long term moving averages It has demonstrated good quarterly growth in recent results Brokers have revised the target recently. Companies with rising net profit margins - quarterly as well as TTM basis
Orient Green Power Company Ltd. @ 21.47 Sector: Power Generation/Distribution Strong Performer Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators 52 Week High 34.45 52 Week Low 12.05 All Time High 47.25 All Time Low 1.20 Book Value Per Share 8.85 Dividend Yield: -- Sector...
Tata power is ready to give breakout of ATH. Stock has bounced from trendline support and might continue the bull run in coming weeks. However, since market is overstretched, keep booking profits quickly. Keep in watchlist. Not a recommendation
VBL has been a consistent outperformer among FMCG stock in this bull run. As we can clearly see, stock is forming a beautiful staircase pattern(continuous flag pole) during the uptrend. Stock has given breakout in closing basis of ATH. A good stock for quick momentum traders. Not a recommendation. If interested, do check the chart of RVNL which has shown a...
Indegene is a futuristic high growth company which is a digital-first, life sciences commercialization company. Reason of trade:- Stock has formed cup and handle pattern and has given breakout of hourly ATH with closing basis. Stock is currently consolidating above breakout level which indicates accumulation. Note:-Risky trade which is shared for educational...
Monarch has been in good bull run like other broking stocks. It has been consolidating since few months and has finally given breakout of descending triangle pattern with good volumes. Company has been posting amazing results recently which shows good growth. Keep stock in watchlist. Not a recommendation.
IRB Infra has shown price strength recently. Both RSI and Volume are increasing gradually. It has strong support around 60. Resistance is placed around 70, 75.
kotharipetrochem is moving towords our target , a excellent breakout with volume, so soon target will reach
Banknifty sustaining above 51267 then BN moves towards 51552 . Or BN breaks 51077 then 50889 levels are possible.
The price near support, an opportunity to accumulates with favourable risk & rewards ratio. Divergence in RSI , where the price is making lower lows, but RSI is making higher lows. This is often a bullish signal, indicating a potential reversal or consolidation before an upward move. Fibonacci Retracement , the price corrected from all time high and retrenched...
Since late November 2022, TRX experienced a significant bullish rally. It climbed from a support level of $0.050 within a descending triangle to a peak of $0.1439 by February 2024, marking a 220% gain. Following this advancement, the price showed signs of exhaustion by March 4th, unable to break through the key supply zone at $0.14389.It eventually entered a...
Wipro has been on the rise after a solid consolidation phase, forming higher highs and higher lows. Currently, it’s retracing to a strong level with a favorable risk-to-reward ratio, aiming towards its all-time high (ATH). Ensure you enter trades with a predefined stop loss for safety.
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
The Crude Oil formed a falling broadening wedge after bouncing from a support level. It gave the breakout and half way to reach the target. For Paper Trading and Educational Purposes only
#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...
DPSC Ltd. @ 20.06 Sector: Power Generation/Distribution Stock with good financial performance alongside good to expensive valuation, but lacks price momentum as suggested by technical indicators 52 Week High 28.05 52 Week Low 13.70 All Time High 48.60 All Time Low 0.75 Book Value Per Share 9.82 Dividend Yield: 0.25 Sector PE 24.62 Face Value 1 Beta 0.95 Mkt Cap...
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...