1.Near ATH. 2.A good consodilation as well as base formation. 3.Breakoout qith good volume has been seen. 4.High probability of further upside can be seen.
Inverted H&S pattern DLINKINDIA + Strong prior uptrend with volume followed by low volume Half + Bouncing after a pull back + Above Key EMAs
EURUSD buying setup 1. On higher timeframe , EURUSD has came to support zone . 2.It is taking support on 38 % fib retracement . 3.Overall downtrend ,but need a pullback.
Adani Enterprise Stock price has been consolidating in a range 2700 - 3450. Stock can be seen forming a Symmetrical Triangle Pattern. Breakout on either side can give the targets for the said pattern. 3500 will be a strong resistance point and 2675-2750 will be a strong support zone for trend reversal. Weekly RSI being around 46 signals lower momentum and some...
Indo Amines cmp 186 by Weekly Chart since listed Support Zone at 174 to 177 Price Band Bullish Double Rounding Bottoms formed with neckline around Support Zone Stock trading at Lifetime High Levels and anticipate for it to continue upside
Stock is ready for big breakout Once cross 7430 can sharp surge Seems Selling over on monthly charts 7500 ce oi
September 2, 2024 Medplus seems to have completed a triple correction and is on the rise. It created a demand zone between Rs 595 and Rs 605 level. The stock retested the demand zone for the second time in the last week of August, and as expected, buyers came and moved the stock up toward the Fib retracement 50% mark. If Medplus holds the 50% level and...
To complement my earlier NIFTY analysis, let's dive into the key sectors and their potential impact on today's market movement. Here’s a quick breakdown of the major indices to watch and how they could influence NIFTY's direction: 1. Banking Sector (BANKNIFTY): Current Level: 51,383.95 (+32.95, +0.06%) Analysis: The banking sector remains mildly positive...
Date 02.09.2024 Aditya Birla Fashion Timeframe : Day chart Remarks : At base of right angle ascending broadening wedge with confluence of 60 ema. If break down or closes below base then weak. If takes support & close above base then keep base or previous day's low as stoploss. Regards, Ankur
Trade activate based on closing above breakout level POLE And FLAG Pattern: Healthy consolidation on weekly chart Rising RSI on all time frames Rising volmes on daily chart frames Targets : 430/480 SL : 385
NIFTY Options Trading Analysis: As we approach today's trading session, NIFTY is hovering near its all-time highs, showing signs of both strength and potential exhaustion. The market is currently at a crucial juncture with the possibility of a breakout to new highs or a pullback due to profit booking. Let me share my personal analysis, trading plan, and...
TV Today cmp 274 by Daily Chart view Support Zone at 265 to 268 Price Band Double Bullish Rounding Bottom done with Volumes based Price Breakout
MOIL is trading near the crucial level of below 400. Volume is also lower RSI indicates price weakness If the support level of 400 is retained for at least a week, you can think of partial entery. Resistance levels: 551 New: The decision of state-owned company to reduce the prices of ferro-grade manganese ores with manganese content of Mn-44% and above by 20% for...
Kansai cmp 299 Support seen at 287 to 290 price band Stock attempting Symmetrical Triangle breakout on Daily Chart
📈 UNO MINDA is breaking out from the inverse head & shoulder pattern in the daily time frame. It can give Targets 🎯 of the Shoulders & then its Head . 🔰 Uno Minda can rise upto 12% to 24% returns in the short term. 🟢 Range : 1180 to 1200 🎯 Target : 1340 / 1480 🛑 Stop : 1000 (DCB) ⚠️ Disclaimer : It's not a buy/sell advice. It's a view purely for the...
Karnataka Bank has recovered well from the support level of 216. Confirmation of Bullishness: 20 EMA crossing above 50 EMA RSI is also showing strength. Volume Buildup is also significant. Support: 216 Resistance:240, 253 Longterm Target (one year): 340
itc Stock has broken out In new range SL 502 Target 530+ 530 CE OI
In this I have used the 4 Jun 2024 as the reference for the Fib extension, based on this these are levels which come through......if there is sufficient bullishness....30k looks to be possible!!