Expect NIFTY to test 25,000 levels in coming few weeks . NIFTY on weekly gave a rising wedge upside breakout which is a low probability event . Low probability events lead to trapped buyers/sellers on both sides. Price usually reached the approximate height of the pattern where both will enter/exit new positions. Cheers @piyushrawtani
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
#AHLUCONT trading above Resistance of 1246 Next Resistance is at 1436 Support is at 1017 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 educational...
It appears that Gland Pharma has broken out of its downtrend. The stock has been maintaining higher levels for an extended period and has successfully breached the falling trendline. There's significant potential for upward movement from here.
**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
Brake All time high in daily chart. Great momentum in MACD. RSI above 60. Opportunity for long term
#RVNL trading above Resistance of 348 Next Resistance is at 427 Support is at 231 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...
Core has been in a moving in a declining phase after touching $4.0 on april 1st, 2024. However, by may 15th the price took a hold of itself at $1.55 level, and breached the decling trendline. At press time, the Core crypto technicals are strongly on the buy side, as this week it showed the surge in its performance by 8.40%, and over the intraday it...
RTNINDIA breakout with volume. The above information do not constitute, financial, investment, trading, or other types of advice or recommendation. It is purely for educational purpose
Sell BTCUSD 68700, SL 69000, TGT-68000/67400 & BUY AGAIN BTCUSD 67300, SL 66900, TGT- 69600 PRICE took its own support area with Daily 15M block order and price will comes down and will grab all liquidity so, price will come at 67000 and go at 69600 and overall price will break 73000 and will go up for 83000
After reaching a high of 625.80 Great Eastern Shipping Co. entered a consolidation phase which lasted for 15 years. After a failed breakout attempt in Nov'22, GESHIP broke out of consolidation in Mar'23 rising from levels of 532.25 to a closing price of 847.20 in Oct'23 generating 59% returns in last 8 months.
Bitcoin Looks good for long in Parabolic uptrend pattern and with the support at 43400. Time Frame used Monthly Time frame. Tgt expected 128227 ± View will be invalid when it closes below support in monthly chart. This is not a BUY or SELL RECOMMENDATION Shared it for educational purpose based on chart pattern and My STUDY Do Your analysis from your side too.
BTCUSD- Currently showing a Flag & Pole Pattern on a Daily Chart time-frame. Expect a massive rally post breakout.! Keep a watch for entry above 72000 Level.
PFC given breakout with cup and handle pattern. Expected target 570 Time period : 2 to 3 months The above information do not constitute, financial, investment, trading, or other types of advice or recommendation. It is purely for educational purpose
Shipping Corporation of India Ltd 1) Time Frame - Weekly. 2) The Stock has been in a Downtrend since (February, 2024). Now It has given a Downtrend breakout & Closed with good bullish momentum candle & with good volume in weekly Time Frame. 3) The next resistance would be It's previous Life Time High (290.75 - 10.75% from the price 262.50). 5) Recommendation - ...
Stock is trading at 555. It is making a inverse head n shoulder pattern on a weekly time frame. Breakout Confirmation is still pending. Midterm target will be 644/740/825 This is for educational purpose. Not a buy/sell recommendation.
-if Nifty Pharma breakout from long Parallel Channel (PC), Wockpharma can be one of pharma companies to perform, as it also forming long base and, Long Base = Long Breakout . -DTL BO anticipation (Down Trendline Breakout), tested 4 times but didnt fall with volumes. -Clearly, Green vol > Red vol -VCP pattern (15W-22/6-3Ts) -Earnings due on 28th May Setup is...
Hindustan copper has broke out cup pattern neck line 198, which gives first target of 320. On the bigger time frame it will completing a cup or box pattern of more than 11 year. If it manages to close above 320 then it will be breaking its 11 year high, which can give target of 600. This is for educational purpose.