Cardano (ADA) Widens Losses, Elevating The Investors Concerns Cardano's price eroded nearly 13% of the gains a week, disappointing investors who anticipated further gains. The formation of a bearish divergence in ADA price DAA divergence metrics hints further decline for the asset. Cardano (ADA) price could not capitalize the gains this week and declined, wiping...
Bearish flag in LTI chart with pole and target.The trend is bearish after the flag and the trend confirmation is there.
BTCUSD SHOWING A GOOD DOWN MOVE WITH 1:10 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong...
AAVE has witnessed a more than 70% surge in its trading price, driven by a breakout from a descending triangle pattern. The daily chart's upward movement has continued despite the major dips, and the $80 demand zone has proved itself as the sturdiest. Over the past three days, consistent gains were seen taking support from the 20-day EMA band. The price over the...
Price Action Overview: DIXON TECHNO (INDIA) LTD has recently demonstrated a strong bullish setup with a Double Bottom Pattern on the daily chart. This is a classic reversal pattern, signaling a potential trend change from bearish to bullish. Here's a closer look: Prior Uptrend: The stock experienced a significant upward trend before undergoing a...
Banknifty is in between 51000 to 52000 and has a significant support level around 49700 which can be retested with a down move from 52000 and can head towards an unmove by hitting 49700 level to 53000.
ITC - Symmetrical Triangle Name - ITC Pattern - Symmetrical triangle Timeframe - Wkly Status - Breakout with good volume Cmp - 501.9 Target - 602 SL - 463 Fundamentals : ITC Limited is a diversified conglomerate with strong fundamentals. Here are some key financial ratios and highlights: Key Financial Ratios Price-to-Earnings (PE) Ratio:...
The stock broke its all-time high of Rs. 340 after 18 years with very good volumes and went on to rally up to 420+ levels before retracing back to 300-325 price range. The stock is consolidating at these levels and is looking good to go long with a stop loss of Rs. 270. On the weekly time frame, a Cup & Handle pattern is visible, providing us with a target of Rs....
#GODREJIND trading above Resistance of 986 Next Resistance is at 1452 Support is at 699 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 purpose...
INFY-Cup and Handle BO wkly Name - INFY Pattern - Cup and Handle Timeframe - Wkly Status - Breakout with good volume Cmp - 1943 Target - 2279 SL - 1731 Fundamentals: Here are some key financial ratios for Infosys Limited: Price-to-Earnings (PE) Ratio: 29.871 Price-to-Sales (P/S) Ratio: 5.032 Debt-to-Equity Ratio: 0.101 Return on Equity (ROE):...
Hello 👋 It's a Automobile stock. Stock has given Multi-year breakout ! * Stock is in Uptrend. * Momentum inclined. * May continue consolidation between 680 to 620 * Any bullish pressure candle closed above 650 can be further bullish confirmation. * After making new high good retracement done .. must broke & hold 660. It's my view. No buy or sell...
Stock moving in parallel channel and making a formation of higher high and higher low from bottom of channel BUY AT CURRENT PRICE: 538-540 SL: BELOW 515 TARGET: 580, 612
NSE:TEGA ✅ Next Resistance is at 2186 ✅ Support is at 1622 Related charts: Charts are 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 purpose only. This is not buying or selling...
Get out on the previous one as it still is under consolidation. Got in on two other counters as they are bouncing from a recent low.
Date 31.08.2024 Shree Renuka Sugars Timeframe : Weekly Remarks : 1 With respect to recent swing action at stock, it is at support of 61.8% 2 Resistance at 78% 3 Latest swing high at 68 4 Gann 4/1 + 78% are combined resistance 5 Once breaks 55 then target is 68. 23% upside 6 Descending triangle base at 42-44 7 Sideways between 55-44. Don't anticipate and...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
🌟A huge breakout after a long consolidation around 500 levels 🌟Volume pop during breakout 🌟After a rally till 575/580 levels, stock again consolidates and then gives a trendline breakout 🌟Volume pop during TL breakout 🌟Retest with low volumes 🌟Volume pop during reversal Looks good to go long!
#NAUKRI trading above Resistance of 7465 Next Resistance is at 8877 Support is at 6338 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 purpose...