Date 09.09.2024 Hdfc Bank Timeframe : Day hart Remarks : Looks like ready for breakout Formed symmetrical triangle at wave 4 retracement & now closing above the pivot (Fibonacci) above S1. Once breaks out the cloud then next target is upper Fibonacci range. Keep 60 ema as trend based day to day stoploss or trail method. Regards, Ankur
U.S. stocks moved higher on Monday, following their European counterparts, as markets looked ahead to key data and actions from central banks. The S&P 500 appeared set to snap a four-session losing streak, bouncing back along with the Dow from its biggest weekly percentage loss since March 2022. The tech-laden Nasdaq staged a comeback after suffering its largest...
The USD/CHF is trending higher today after hitting its lowest level of 2024 on Friday, followed by a strong rebound. The price action has seen the pair move above the 100-hour moving average at 0.8464 and the 200-hour moving average at 0.8470. Staying above these levels would give buyers some control, at least in the short term. On the upside, the next target is...
“While inverting the curve sends a warning ~2y in advance of bad times, disinversion has been a more urgent signal, suggesting trouble is only a few months away,” JPMorgan analysts Thomas Salopek and Maggie Zhong said in a recent report. However, “many are inclined to ignore this signal on the assumption that it’s different this time, as we will be cutting rates...
Shriram Finance Ltd. - stock analysis Conclusion: The price seems to be heading toward the target of ₹3,400, with bullish momentum intact after the breakout. Watch for volume support and any signs of reversal near that price. for more detail - Current Price: ₹3,315.70 Recent Price Movement: The stock has shown an upward movement of 12.38%, indicated by the...
In its monthly report for August released Thursday by the Cabinet Office, the government said the economy is “recovering at a moderate pace, although there are some areas where it is pausing.” Last month, it said the economy was “recovering at a moderate pace, although it appears to be pausing.” In the April-June quarter, the economy posted a...
Dabur India. Best Funda stock is ready for Breakout. Market Cap: 1,17,353 CMP: 662.50 PE: 63.5 Debt is negligible. Last quarter OPM and Net profit increased. Today FMCG Sector shown a Breakout, so Dabur also in the verge of the Breakout maybe giving a sustainable breakout and further rally. Entry above 665.50 closing of 1Hr candle for a short term target of...
Company manufactures barrier plastic rigid sheets, semi-rigid sheets for FFS application and thermoformed primary packaging products, and injection molded products for the dairy. Technically, I see a base formed with a IHnS pattern.
The recent disinversion of the closely watched two-year, 10-year Treasury yield curve is a sign that an economic downturn is getting closer, a signal that investors shouldn’t dismiss on the belief that things are different this time, according to JPMorgan. “While inverting the curve sends a warning ~2y in advance of bad times, disinversion has been a more urgent...
- bearish pennant flag pattern formed in daily and weekly chart - huge selling volume found on 6th September due to this selling pressure the trend may reverse from bullish to bearish This analysis is my own idea. I don't recommend taking trade based on this idea. consult your SEBI registered adviser to Know the market risk before trade. in.tradingview.com
- OEM for Air-conditioning companies - Out of a big IPO base - Currently trading at ATH levels - Keep tracking with PGEL. If PGEL keeps making new highs, expect this to give good move as well
The Indian Oil Ministry plans to promote the conversion of one-third of existing long-haul trucks to LNG from diesel, as per a draft policy. Additionally, it aims to mandate that a third of new trucks operate on super-chilled gas This initiative may boost the LNG sector and promote a cleaner energy transition in transportation, potentially enhancing demand for...
Dabur inverted HNS Breakout on Daily TF with supporting volume. Expecting it to hit 720 in the coming days. Comments and discussions are welcome.
Dabur -Cup and Handle - Breakout - Daily Price closed above 3years high . Name - DABUR Pattern - Cup and Handle breakout Timeframe - Daily Volume - Good Cmp - 662 Target - 832 SL - 659 Always welcome for any comments with your feedback or give it a like if you find it useful.
-> DOLATALGO now trading above breakout level -> Cup and Handle kind of setup -> Looks ready for 200+ in upcoming sessions -> Solid Fundamentals
La Opala RG is a leading manufacturer and marketer of tablewares (opal and glass) in India. LAOPALA - Consolidation or box - Breakout - Daily Name - LAOPALA Pattern - Consolidation or box breakout Timeframe - Daily Volume - Very Good Cmp - 359 Target - 407 SL - 351 Always welcome for any comments with your feedback or give it a like if you...
-> Innova Captab showing showing good strength in weak market -> Looks ready to test 800+ levels in upcoming sessions -> Pharma is the most bullish sector currently -> Out of a big IPO base
This is a place where you can identify the possible movement in mentioned session. Entry activated only when a candle closes above or below the drawn level, And the next candle creates a wick down(for up movement) or up(for down movement) and breaks the candle high or low. When entry is activated SL will be below or above the 30 minute candle.