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...
#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 traders today i want to share an Educational post about Opening range breakout a very common and old strategy used by many traders and it's still pretty effective Good breakout is observed in the 15m timeframe. This index is a fantastic compounder and has excellent fundamentals and technicals. There is an immediate upside NOTE- Only for Education Purpose....
Broken above channel on daily time frame RSI > 60 (on all time frames) Broken with Huge Daily Volumes RSI broken above trend line TP : 1625 /1700 SL : 1530
📈 Stock Name - Tech Mahindra Limited 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 1643. 🚨Disclaimer: This is not a Buy or Sell...
Nifty if not sustainnig above 25028 then profit booking may come till 24856. 25028 to 25084 is storng resistance zone .
Nifty 50 is forming a textbook bullish pennant, but caution is advised as this could be a potential trap. With the index nearing its all-time high, it's best to wait and trade cautiously. My overall outlook leans bearish, and if possible, staying on the sidelines might be the safest approach for now.
*SWING TRADE* BUy PVR above 1423 SL 1344 Target 1: 1544 Target 2: 1582 Target 3: 1663 Target 4: 1823 Duration 2-3 months Trade as per your risk rewards