Hi everyone, Hope you are having a good day. Let'sdiscuss the trade idea on copper. I use a volatility contraction pattern which is given by Mark Minervini. I believe before every explosion, there is a contraction or what i better know it as "silence" Obviously we have to take all the other things under consideration (like prior upmove, uptrend/downtrend, how...
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Balmer Lawrie & Co Ltd. Technicals:- 🟢 Volatility contraction 🟢 U/D Ratio 1.8 tells that when volume rises, stock is very likely to rise 🟢 Consolidating since Jan 24 (9 months) Holdings Insights 🟢 Mutual Funds have increased holdings from 0.06% to 0.07% in Jun 2024 qtr. 🟢 FII/FPI have increased holdings from 2.71% to 3.07% in Jun 2024 qtr. 🟢 Number of...
Arvind Fashions cmp 572 by Weekly Chart view since listed - Support Zone at 520 to 535 Price Band - Volumes are increasing month on month showing good demand based buying here - Weekly basis : Support at 520 > 465 > 390 with Resistance at 639 > 710 >> ATH 810.20 - 5+ odd years long timeframe Bullish Cup & Handle done with the neckline at Support Zone followed by...
A strong DEMAND ZONE exists at price 2501.946, so I took a buy position at this price.I waited for the right price action before entering. The price action matched my predictions and I was rewarded for my patience. Disclaimer:- This is my personal opinion and is only for educational purposes. Please consult your financial advisor before making any decision.
The stock is in an overall uptrend Overall vol shows a lot of bullish strength There is a triangular pattern breakout with surge in atr and vol Thus, for a short term trade tgt 724, sl 657
Uptrend - I see a nice cup and handle formed. the cup has a double bottom as well. I like the pattern and expect a breakout soon. Stoploss is a must to keep you safe if it doesn't work.
A rounding base formation. Also I presume a IHnS in the making. Targets for the pattern are provided in green. Stoploss is a must to keep you safe.
IT INDEX Following 25 Years old Channel - 2x in next 30 months. IT Index has corrected for last 30 months & broken out on upside from CUP Pattern. Also IT Index is following monthly channel since 25 Years & hence the Projection coming as 2x in next 30 Months. Investments made in Quality IT stocks can give 3x ROI in next 3 Years. Happy investing.
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
from a pattern breakout to trend line resistance (weekly).....if its able to give a good closing above 1610 we can se further up move otherwise it might show some correction
Note: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket...
Linde India Limited, a subsidiary of BOC Group,UK (owns 75% stake in the co), is primarily engaged in manufacture of industrial and medical gases and construction of cryogenic and non cryogenic air separation plants
With a market capitalization of 76284 crores, robust ROE of 22%, and ROCE of 14%, SBI Card's stock demonstrates a solid financial foundation. Technically, the stock is in a bullish uptrend. Having recently broken out of a falling wedge pattern and reaching an all-time high above 1150, the stock's momentum is positive. Based on the weekly timeframe, a further...
1W - HEAD AND SHOULDER Pattern Retest at 1100 level
Date 10.09.2024 Zee Entertainment Timeframe : Weekly chart Remarks : 1 Formation of descending triangle 2 Conversion line & base line merger of Ichimoku cloud 3 Once the positive crossover happens & contraction of expanded future cloud/kumo means sign of reversal 4 Gann angle will also play a pivot role as resistance/breakout after mentioned above points, when...
BataIndia is trading near the demand zone. Previously it took support at 1385 levels and faced stiff resistance at 20 EMA levels. Currently, BataIndia is retesting previous resistance zone near 20 EMA levels 1440. If it takes decisive support around 20 EMA we can expect the golden cross 20 EMA > 50 EMA. Key resistance levels to look for: 1628, 1685, 1766.
Reason for Bullish Interest Rate Cuts and Economic Indicators Two Federal Reserve policymakers voiced their opinion on Tuesday, stating it would be “reasonable” to expect three interest rate cuts in the U.S. within the year. This perspective comes despite a backdrop of robust economic indicators, which have led some investors to question the feasibility of such...