Our trading plan is to wait for the price to react in the price range 2337 to 2332 to look for buy signals. The news was announced yesterday Preliminary GDP news is 1.3%, lower than expected 1.6% Applications for unemployment benefits were 219k, higher than the previous period's 216k News that pending home sales are down 7.7% Yesterday's news indicators are...
the index looking strong making higher low main hurdle is 49050 if sustain above 49050 and 15 min candle will see upside rally upto 49650 NOTE: only for educational purpose RULE: 1: always trade with stoploss 2: decide your risk per trade and per day 3: believe to your analysis 4: stay positive and keep patience technical analysis + money management+ physicalogy...
🧵 #FUSION Stock Analysis: 1/ Applied EMA THEORY: Last time, stock soared from 365 to 680+ (87%+ gain). 2/ Current Status: CMP 456, strong support at 435. Reversal targets: 499/535/570. 3/ Trendline Breakout: Above 570 closing: - Target: 625/660 - Stop-loss: 550 4/ Next Levels: Above 665 closing: - Target: 710/790/865/915/999++ - Stop-loss: 640 5/...
sona blw swing trade buy 645 stoploss 560 target 680 target 2 720 long term target 1 727 target 2 900
see how price action working 22900 level is act as strong support many time index bonce on support create lower high and breakdown once candle close below support then next day index is open gap down and sustain give sharp down fall NOTE: only for educational purpose RULE: 1: always trade with stoploss 2: decide your risk per trade and per day 3: believe to your...
DATE - 12th March 2024. HDFC Bank has breakout today with good amount of candle size and volume too. Applied Concepts Chart P. - Inverted H&S Positive Order Block from Daily Time Frame and Previous OB of Monthly TF as shown in chart. Only OB is not a good option so here we have applied FVG (Fair Value Gap) also, Price Action has successfully reversed...
Short-Term Target: Several analysts have a consensus target price of around ₹165, indicating a potential upside of approximately 8% from the current price Mid-Term Projections: By the end of 2024, some projections suggest the price could reach up to ₹195, considering positive market trends Long-Term Projections: By the end of 2025, the share price might go...
Date : 31-05-2024 ------------------------------------- Breakout Ready Stock ERIS Looks Good ABOVE 959 SL 839 Target 1013, 1067, 1120, 1228 Hold few weeks Please consult your financial advisor before investing All research for educational purposes only.
09/03/2024 NSE:ABFRL ------------------------------------------------ Looks Good Bottom Pick, Retesting Bottom Channel Buy Above 230 Targets - T1 to T9 Try to enter once it crosses 20, 50 & 200 SMA's
Go through the analysis carefully, and do trade accordingly. Anup 'BIAS for the day (24-05-2024) Current price- 2340 "if Price stay below 2355, then next target is 2325 and 2310 and above that 2365. -POSSIBILITY-1 Wait (as geopolitical situation are worsening ) -POSSIBILITY-2 Wait (as geopolitical situation are worsening) Best of luck Never risk 2% of...
The stock is testing a long-term ascending trendline, which has acted as support multiple times over the past few years. The RSI is at 32.27, indicating oversold conditions but also a bearish divergence, suggesting caution. The MACD is showing a bearish crossover, with the histogram in negative territory, indicating downward momentum. Recent volume has...
The stock is trading within an ascending channel, currently testing the upper resistance line. The RSI is at 64.56, indicating strong bullish momentum but not yet overbought. A significant increase in volume supports the potential for a bullish breakout above the channel resistance. The stock is trading well above its 100 EMA, which aligns with the lower...
The stock is forming a symmetrical triangle, approaching the apex, indicating a potential breakout. The RSI is at 41.96, showing a bearish divergence, suggesting a cautious approach until a clear breakout occurs. Volume has been stable, but watch for an increase as the stock nears the apex of the triangle. Immediate support is at the lower trendline around...
The stock is testing its ascending support trendline, which has held strong multiple times, indicating a potential reversal. The RSI is around 50, indicating neutral momentum with potential for a bounce. The stock is currently trading near its 100 EMA, which aligns with the support trendline, adding strength to this support level. Immediate support is at the...
The stock is forming a symmetrical triangle, nearing the apex, which suggests a potential breakout. The RSI is at 57.40, indicating positive momentum and a potential for further upside. The MACD shows a bullish crossover, with the histogram turning positive, suggesting increasing bullish momentum. Volume has been increasing, adding confirmation to the potential...
Hello everyone, i hope you all will be doing good in your life and your trading as well. I have brought a stock which has given breakout of Triangle pattern on weekly time frame, price is sustaining above 50 EMA since 3 weeks, MACD Has also given bullish crossover. There is higher probability we can see upside momentum in near term. Good thing about this stock is...
A gentle reminder for those worried about price being locked in circuit on Monday, the circuit levels are FAR away . Although with India VIX at 24.60, it may possibly test long term swing levels on either side. 24K loading....?
#THERMAX trading above Resistance of 5218 Next Resistance is at 6256 Support is at 4367 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...