This is the view of BankNifty Price Action for the upcoming week. Here are the Support and Resistance and Trendlines marked on the chart, to get a clear picture.
#GEOJITFSL trading above Resistance of 147 Next Resistance is at 228 Support is at 96 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
CAPLIN POINT High Volume Breakout and retesting with lower volume shows a clear entry for higher target.
#EDELWEISS trading above Resistance of 110 Next Resistance is at 161 Support is at 88 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
Rounding bottom breakout after 3 years consolidation may give a very higher side target.
#DHUNINV trading above Resistance of 1695 Next Resistance is at 2640 Support is at 1256 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
High quality stock with a descending triangle breakout having decent volume after a long time consolidation. RSI is above 75.
- Infosys seems like inverted head and shoulder in weekly chart - if this stock sustains above the breakout line for few weeks bull run may continue. 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. in.tradingview.com
#ADSL trading above Resistance of 271 Next Resistance is at 360 Support is at 192 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only....
CMP 5622 on 07.09..24 The stock price has formed a Cup & Handle pattern in the last more than 2 years. The breakout level is around 6000. At the moment of retracement, it may come down to 5450 to 5250. If the price is above the 54200 level, this setup has relevance. It goes weak if the price sustains below 54200. Always keep your risk management in control, and...
RSI Above 65, with recent volume hike. Momentum increasing. Upcoming Breakout in Hospitality sector will support this stock to create further highs.
Date 07.09.2024 Tata Motors Timeframe : Day chart Remarks : Formed symmetrical triangle pattern on the top of the trend. Currently closed at base/support band of triangle pattern. If goes below or breaks below the low of previous day then most probably would test support & resistance zone at 1026, if breaks that as well the second target would be 921. One can...
#POLYMED trading above Resistance of 2339 Next Resistance is at 2931 Support is at 1782 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational...
SPX -Daily - near support SPX near support at fib -0.38% which is 5396. Closing below 5396 can test 5312(0.50%)
DPABHUSHAN - Symmetrical triangle - Breakout - Daily Name - DPABHUSHAN Pattern - Symmetrical triangle Timeframe - Daily Status - Breakout Volume - very good volume Cmp - 1527 Target - 1754 SL - 1431 Always welcome for any comments with your feedback or give it a like if you find it useful.
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 and...
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 and...
nifty is making negative divergence on RSI and should stay sideways to negative for some time, so time to stay cautious on long positions.