Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 24-5-24 Gap UP/Down Opening : If high of First Hour is not broken then put stoploss there for all short positions. If Low of First Hour is not broken then put stoploss there for all Long positions. For New position : for Upside : Buy Nifty above 23010 ...
The stock is a classic example or a textbook example of breakout and retest which is quite crisp and clear 585 was a crucial support and was tested , now the stock will begin its uptrend phase taking 585 as a curical support The stock can ralllllly till 856 levels for short term 5-6 weeks and for the longer perspective it can rally till the 1132 7- 8 months
The stock has been in consolidation since 2018 and the range of 128 -135 acted as a stong resistance however this barrier has been breached and the stock has started its endeavour to reach new heights The cup and handle pattern was intiated in 2018 and is in its final phase the target for the stock can be measured from the depth of the cup which is coming out to...
Divis labs is looking strong for a weekly breakout. A monthly closing above 4000 can bring good momentum in the stock. Pharma sector is bullish and we can see ATH levels in this stock soon
As per trading setup, the following is noticed :- 1. MACD crossed centre line which is signs of uptrend. 2. RSI is 61 can which is bullish. 3. Highest volume seen on 07 May 2024 in last one year. 4. Above 20, 50 and 100 days moving averages. So, take position for next six months, target 2800 are on the way.
As per trading set up, the following is noticed :- 1. Positive crossover likely to take place in MACD. 2. RSI changed its downtrend to uptrend. 3. Two weekly green candle signs of bullishness. So, 5000 CE option of Jun series will be a good bet which is available at Rs 140, LTIM can try to cross 5500 in Jun series and in this case the value of 5000 ce option...
Inverse head and shoulder pattern visible in silver . Slight price are coming down for testing support . According to techncals one should buy near 30$ for atlesdt 10% target
The stock has been in a very long consolidation from 2015 and now has successfully breached crucial resistance of 442 moreover it has been forming a perfect rounding bottom lately . post breakout the stock has formed a small cup and handle pattern . The fundamentals of the company are paragon , the PE is 8 while the industry PE is 22 which shows the stock is...
Wipro breakout amd retest done.good time to entry for longterm.make your own analysis
Laurus Lab - CMP 449 Elliott- the stock has completed the zig zag corrective pattern ABC. Trendline- break of the trendline is an indication of a change in trend. RSI - taking support above bull zone is positive. Buy this stock on a weekly close above 460. T1 - 660
Loksabha election results will be announced on 05 Jun 2024, keeping in view of BJP victory with strong majorty, the ADANI STOCKS, Adani Ent, Adani Power, Adani total Gas, Adani Energy Solution, AWL, Ambuja cement, ACC and NDTV will move sharply in next coming 15 days, So take positions in Adani stocks as soon as possible.
Nifty index hit the New All TIme HIghs & reaching it near to imp level of 23000 After sustining above prev day's high, the index kept the strong positive momentum throughout the sesion The level of 22800/700 may act as an immediate support level whereas nearest hurdle is placed around 23050 zone A L ong bullish candle is formed on Daily TF Market may show...
Cleared two resistence in a single day touched 3rd will make over it too , just trust the market and the momentum and make gains but don't forget to trail ur stop loss .... Happy trading
BankNifty Analysis - Stance Bullish ⬆️ Yesterday we changed the stance from bullish to neutral as 48115 resistance was not breached, but that break came by 09.51 today. Hope you got my email when we revised the stance back to bullish via trading view. The intraday rally was a whopping 957pts ~ 2.00% and we took out 2 resistances today viz - 48115 and 48661. The...
Nifty Analysis - Stance Bullish ⬆️ Nifty had an impressive 417pts ~ 1.85% intraday rally, although the bullishness was predicted - I was quite surprised that we had such momentum today, and that too before election results. But if you look at the data objectively, what we had today was quite reasonable. After all, we were breaking out from the all-time highs and...
A small rounding bottom on Weekly chart. Price has broken out from previous high and showing very good strength. Stop loss is marked as Red line and target is marketed as Blue.
Injective price gains 11.4%: Is the Correction Period Over? Injective price soared by 11.4% in a week, breaking through the trendline resistance. The positive shift in price DAA divergence signals a boost in market sentiment. Injective crypto has recently seen a notable increase, climbing more than 11.40% in the past week. The price rebounded from the support...
Eurnzd buy 1.77234 Stop loss 1.76500 Target 1.79222 Lot size recommended 0.01