Price struggled to get strength in the morning and was moving in range. Gradually gained trend strength and went up. Pattern : Support/Resistance. Range : Medium. Trend strength : Normal. Buy Above : 22600. Stop Loss : 22540. Targets : 22660, 22720, 22800 and 22880. Sell below : 22480. Stop Loss : 22540. Targets : 22420, 22360 and 22280. Check the live market...
BATAINDIA early signs of trend change to the upside (pl. check notes on chart). The fundamentals are not all that great as EPS growth has been negative over the last 4 quarters. So, purely a technical reading. No recommendation; only personal analysis.
Syngene is a Pharma company. Very good pattern found in Daily chart. Can expect a good rally (35%+)post breakout as earlier same structure is seen. Can go Long in this sector/stock & keep buying on dips/supports as highlighted. Also shown 3 white soldiers candles formation.
Date 06.06.2024 UPL (Day Chart) Forming symmetrical triangle pattern & today taking resistance of 200 ema in confluence with major support & resistance pre covid era. A breakout will be powerful one similarly rejection will be powerful one Wait for it to close above 200 ema for upside swing trade Wait for it to close below symmetrical triangle for downside swing...
Arvind is available at good price to book and also reporting steady earning Lacking Volume Not a buy or Sell recommendation
Consolidation zone breakout in KSCL with high volume ... Keep an eye on this
It has been trading inside this triangle for the last 7 years and gave a breakout in Jan 24'. It has been consolidating since then and making a base which seems to be made and it's ready to fly. Avanti can be beneficiary of new government of Andhra Pradesh as Chandrababu Naidu is said to be positive on aquaculture sector.
the stock has priviously give breakout with extreme volume . due to election results stock has down ittlebit and given a good price to buy. current price around 1009 . sl and target are given in green and read lines. stock profits also increasing .
TILAK NAGAR :Volume,price move alongwith DEMA Positive cross over suggests likely break out above 250 towards 260-280 band.Stoch.RSI at around 60 also suggests scope for an upward journey(For educational purpose only)
At press time, the PYTH price has traded at $0.4883 with an intraday surge of +2.78%, with a market capitalization of $1.77 Billion. The PYTH 24-hour trading volume on all major tradeable platforms amounted to $220.73 Million. Analyst Captain Faibik expressed optimism on X, noting that PYTH Network (PYTH) has broken out from a falling wedge on the 1-day chart....
Dmart appears good at the 4540 level. Based on its movement over the past four months, which has been in the 4300–4925 zone, I believe it has the potential to reach the recent high of 4900. its only foundation in education. Please communicate with your advisor before to making any financial decisions.
There is a good break down from the Head and Shoulder. Price consolidating at support levels. If the price breaks today’s low then new low can be possible. Entry depends on the closing 15M candle. Educational purpose only. Don’t trade from my setup.
Date: 7th May 2024 Time: 3:30 PM Shalby was on my watch from past week, and I was waiting for entry level for good price to buy. First of all, there is a W pattern which formed in Sept 2023 but again came down, so I was waiting for entry after Retest in Shalby. I have done wave counts on Shalby from beginning and find that, Correction 5 Wave Structure has...
Date : 10th April 2024 Time :12.00 PM Devayani International is showing reversal from its usual support with other bullish indications. As we can see , first of all W pattern is visible from strong support. also there is a bullish Divergence too. Wave Count on Devyani is also looks like its time for ABC wave till depth of correction price level, which...
EURUSD prints the first daily gains in three while approaching the top line of a two-month-old rising wedge bearish chart formation. Apart from the 1.0920 upside hurdle comprising the stated resistance line, the European Central Bank’s (ECB) widely expected rate cut also poses a challenge to the major currency pair’s further upside. Additionally, the sluggish MACD...
Dear traders,Important daily levels for mcx crude - 06/06/2024 Important support S4-6171, S3-6182, S2-6196 Important resistance R3-6263, R2-6237
#Optionbuyers #Niftyoptionscalping 1) Zones you always Like:- Green zone- institutional support Red zone - institutional resistance Gap between institutional zones is always of 100 points Zone making is helped by pivot points and Fibonacci Advance version of price action 2) Trade Execution:- Trade based on order flow data Timeframe - 1...
Dear traders,daily levels for nifty 06/06/2024 Important resistance R3-23013.90 R2-22845.40 Important support S2-22572.75