The stock chart of Spencer's Retail Ltd. is currently showing a bullish trend, with price action suggesting a possible upward breakout. The stock has recently taken support at the 100-day moving average (98.94 INR) and is trading around 98.24 INR. Here's why it should be in focus: Strong Support Zone: The stock has taken support near a strong demand zone between...
Chart Pattern Looks Good CMP@1108 RSI Bullish Spread Chart Bullish Spike In Delivery Volume Stock Above 30 DEMA
Good morning, friends! 🌞 Here are the directions and levels for September 4th. Market Overview The global market experienced a significant decline in the previous session, structurally indicating a bearish sentiment (based on the Dow Jones). Our local market has been maintaining a moderately bullish sentiment. However, today the market may open with a...
Bank Nifty Current View: The sentiment is similar to Nifty; however, for Bank Nifty, it’s uncertain where it will open exactly, so I’m making an assumption. If the market opens with a long gap-down, it may find support around the 61% to 78% Fibonacci level. If this happens, we can expect a 23% to 38% minor bounce back. This bounce back could be part of a sub-wave...
These Levels are based on purely mathematical calculations. Validity of levels are upto expiry of current week. How to use these levels :- * Mark these levels on your chart. * Safe players Can use 15 min Time Frame * Risky Traders Can use 5 min. Time Frame * When Candle give Breakout / Breakdown to any level we have to enter with High/Low of that breaking...
QUICK GUIDE - Use 5 minute timeframe - Try to take enters at retest - Use multiple confirmation - Read full description before investing - Try to take ATM options or above Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this...
QUICK GUIDE - Use 5 minute timeframe - Try to take enters at retest - Use multiple confirmation - Read full description before investing - Try to take ATM options or above Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this...
GEOJIT has broken the multi-year breakout levels of 132 on the monthly chart. Volume is Increasing confirming the Uptrend.
The US Markets decline last night is just the beginning of some further expected correction. The signs were all over the place. The indices had rallied and now there is bound to be some correction. I see IXIC correcting further to 16k levels in the coming weeks. Do not indulge in fear mongering and think of it as recession and such fancy words used by the media....
The Union Budget's decision to reduce import duties on gold and silver has led to a significant drop in gold prices in India. While this presents challenges for existing investors who might face unrealized losses, it also opens opportunities for new investors to purchase gold at lower prices.6 Aug 2024
BITCOIN SHOWING RECTANGLE PATTERN BREAKOUT BEARISH MONGTH SEPTEMBER In day timeframe chat a rectangular structure is showing on bitcoin And it’s already breaked the rectangle support zone So according to the data the current structure showing The overall September market should must be bearish due to Technical analysis The fall should be a huge fall It must...
Crude oil Buyin for Target 74.8- 75.5- 76.2- 77-78+ SL below 74
Buy with sl 350 cmp 401.7 target 550 + 590 + FLAG PATTERN BREKAOUT
On Tuesday, BankNifty opened flat, dipped to a low of 51240 but quickly recovered, closing near the day's high at 51750.10. I clearly mentioned in the previous posts that, "if BankNifty sustains above 51316, we might see a rally to 51750 and beyond," which is exactly what happened. The weekly trend (50 SMA) remains positive, while the daily trend (50 SMA) is...
On Tuesday, Nifty opened with a gap up but failed to surpass the previous day's high, trading within a narrow range throughout the day and closing flat at 25279.85. The weekly trend (50 SMA) is overbought, and the daily trend (50 SMA) remains positive. Currently GIFT NIFTY is trading 200 points lower, indicating a potential gap-down opening today. Support...
IPCALAB -- Cup and Handle -Breakout-Wkly Name - IPCALAB Pattern - Cup and Handle Timeframe - Wkly Status - Breakout Volume - Avg Cmp - 1399 Target - 2060 SL - 1350
Infosys can give a all time high breakout if closes above marked level and retest properly
Jk cements forming head and shoulder and also breaking all time high good upside move expected