Good morning, friends! 🌺🍬 Here are the directions for May 24th: The global market is showing a bearish sentiment based on the Dow Jones, while our local market suggests a super bullish trend. We might see a neutral to slightly gap-down start, as indicated by GiftNifty, which shows a decrease of 80 points. Nifty has broken its all-time high with a solid...
Symbol - NIFTY50 CMP - 22960 NIFTY50 is following a rising channel & headed strongly towards its higher end. Currently It is trading near round level of 23000. According to my analysis & my view, Nifty50 will face strong resistance around round level 23000 - 23100 which is also upper end of the rising channel. I'm expecting Nifty to show a reversal from these...
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 24-5-24 Gap UP/Down Opening : If high of First Hour is not broken then put stoploss there for all short positions. If Low of First Hour is not broken then put stoploss there for all Long positions. For New position : for Upside : Buy Nifty above 23010 ...
In last few days and weeks we are seeing market rewarding companies with good results and gap down or sell in companies coming up results not matching expected results and punishing if negative results or with lower guidance. Not sure what is the guidance but Q4 results are lower as per data in leading news channels. More over in chart as well price is ready for...
Hi All, As per Technical analysis on BTC. I think BTC might go in an upward direction as Lower low trend its completed and now its going in upward direction. Now, BTC will touch 70000$ If it break S1 then next support S2. Keep Using SL and always remember below points Imp. Note: This analysis is provided for informational purposes only and does not constitute a...
HEG FLAG breakout in daily time frame. CAUTION - Results expected today. Disclaimer: For educational purpose only. Please do your own research before taking any trades. Happy Trading!
BANKNIFTY INDEX Key highlights: 💡⚡ 📈 On 1 Day Time Frame Banknifty Index Showing Reversal of Broadening Wedge Pattern. 📈 It can give movement upto the Reversal Final target of Above 50250+. 📈 There have chances of breakout of Resistance level too. 📈 After breakout of Resistance level this Banknifty Index can gives strong upside rally upto Above 52950+. 📈 Can Go...
Saregama from Media industry has made clear flag breakout. In 2020 Q1, it made such flag breakout and rose significantly. Similarly, 2024 Q1 breakout has happened. Fundamentally strong company. Working capital of the company rose significantly from 98 to 176 which is downside apart from valuations. In bull market, who cares valuations...haha. Mad run in many smallcap.
Date : 16-May-2024 Rating : Buy - Positional Trade LTP : Rs. 2,069.60 Targets: (1) Rs. 2,098 --> (2) Rs. 2,278 --> (3) Rs. 2,571 SL : Rs. 1,938 on daily close basis Technical View: • NSE:BDL is in its primary uptrend and was recently going through it's secondary downtrend. • After touching the high of 2,097.95 on 25-Apr-2024, it has retraced 14% to...
Ultratech has bullish poll & flag pattern breakout in day candle. observe it. it can give good upside in future. follow the target given in the chart. but clearly 25-30% return expected.
The stock has been in consolidation since 2018 and the range of 128 -135 acted as a stong resistance however this barrier has been breached and the stock has started its endeavour to reach new heights The cup and handle pattern was intiated in 2018 and is in its final phase the target for the stock can be measured from the depth of the cup which is coming out to...
As the stock breaks through its weekly resistance level, it's like breaking through a barrier, signaling potential for a price increase. The MACD indicator, which tracks momentum, just showed a bullish signal by crossing its signal line, indicating upward movement. This is further confirmed by a surge in trading volume, suggesting increased investor interest....
Hi, An bullish on-neck Breakout pattern emerged on the Daily chart of NSE:ENGINERSIN MACD on daily, weekly and monthly time frame is on the bullish side and also expecting the bullish setup to continue. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and targets...
JIOFIN is making a Double Bottom at 4hr Chart. RSI divergence is clear, moving above 9EMA, probability of touching 385, 394. Accumulate if it goes down, 340 is a good support. For learning and education purpose only.
Sector: Bank - Public fundamentally strong public sector bank post very good quarter... monthly as well as weekly chart shows strong uptrend with support of fundamental factors... on Daily TF , price take support in HTF demand zone bollinger bands N RSI also support this zone.... long term investors can buy for the tgt 170 onwards... swing traders can buy for the...
IEX giving closing above 100 200 EMA and breakout too. Big upside possible. Follow the targets.
My view on this script is bullish Ofter strong rally its on consolidation and makes wedge pattern . Strong Breakout with Retest with Volume
#Acc cash -Positional call 23.05.2024 Looks good around 2585-2590 Stoploss 2540 Target 2680/2780/3000 Cmp 2616.5