Nifty has been consolidating for last 7 trading hours. Any break below or above it will be the direction of the trend for Monday 2nd sep 2024. In the daily chart Nifty had formed a doji. Break above 25270 will ignite a new rally. Break below 25190 will bring nifty level to 25000. A decisive break below 25000 will bring a correction.
In the last 30 minutes of yesterday's trading session, we saw a significant volume spurt in both NSE:NIFTY and NSE:BANKNIFTY , yet prices remained within a tight range. While NSE:NIFTY was trying to hold its ground with buyers stepping in, NSE:BANKNIFTY faced notable selling pressure. This divergence could be key in predicting tomorrow’s market movement. ...
rbl bank is facing resistance at 278 and stock is banded above 238 level in last few days buying can be seen with a target of 278 as passed
Patel Engineering - Potential Cup & Handle. It's peers NCC / HCC has already made their moves and this stock is yet to catch up. One can enter at current price and can increase your allocation above 84. With Strict stop loss of 56 Pro Tip : You may want to put alerts in your broking account and add when the alert price comes. Disclaimer : Educational...
Wyckoff Story Prior to trading range we were in uptrend and then we have BC and CHoCH (Change of character). Let’s assume our bias is accumulation based on CHoCH as we don’t see lot of supply in the CHoCH. Down wave Analysis We can see that the volatility of the down wave is decreasing from Phase A to Phase C, confirming the accumulation Bias. Volume...
Wyckoff Story Prior to trading range we were in uptrend and then we have BC and CHoCH (Change of character). Let’s assume our bias is accumulation based on CHoCH as we don’t see lot of supply in the CHoCH. Down wave Analysis We can see that the volatility of the down wave is decreasing from Phase A to Phase C, confirming the accumulation Bias. Volume...
Hello Traders, Here is a long trade positional trade in NLC India. This trade can be a Risky one as stock has already given a massive run up but there is a cup and handle formation in the stock. Also the duration of holding this stock can vary between 2 years to 3 year so plan accordingly. This is a high risk High reward Stock. Targets can be 100 to 200 percent or...
A clear inverse head and shoulders breakout has occurred on the weekly timeframe. Strong volumes are supporting the breakout as well. Expecting a significant rally from here.
Breakout in the stock Stock at all time high Target 1650/1850 Stop loss 1450 I am just representing my views For educational purpose only.
- Volumes seen as steadily traded - Support Zone at 312.50 to 319.50 Price Band - Resistance Zone seen at 377to 388 Price Band - Price sustained well above Falling Resistance Trendline - Weekly basis : Support at 325 > 292 > 260 with Resistance at 388 > 421 > 463 > ATH 487.75 - Double Bullish "W" pattern done with neckline at Support Zone and also at Resistance...
Technical Analysis for Heranba Industries Ltd.: Trade Type: Swing trade for 6-12 months Chart Pattern: Breakout of neckline Entry Strategy: Buy half quantity at Current Market Price (CMP) Buy the remaining half on a retest or below ₹360 Stop Loss (SL): ₹392 for risk management Target: ₹845 This strategy aims to capitalize on the breakout while managing risk...
Current Market Price (CMP): ₹387 Trade Type: Swing trade for 6-12 months Stop Loss (SL): ₹330 for risk management Targets: Target 1: ₹500 Target 2: ₹600 Monitor the trade regularly and adjust the stop loss as the trade progresses. Evaluate price action for potential target achievements. #PoonawallaFincorp #TechnicalAnalysis #SwingTrade #StockMarket...
Good chart structure Stock has made a good support near 950 levels Good volume addition Target 1250 Stop loss 980 I am just representing my views For educational purpose only.
GVFILMS - Pole and Flag pattern Check out the latest chart on $GVFILMS! 📊 The stock is currently forming a classic Pole and Flag pattern—a strong continuation signal that traders love. After a sharp upward move (the pole), the price has been consolidating within a tight range (the flag), indicating potential for another breakout! 🚀 Keep an eye on this setup as...
Technical Analysis for Barbeque Nation Hospitality Ltd. (BARBEQUE): - **Time Frame:** Weekly chart - **Trade Type:** Swing trade for 6-12 months - **Entry Strategy:** Buy at Current Market Price (CMP) ₹626.60 - **Stop Loss (SL):** ₹539 for risk management - **Targets:** - Target 1: ₹1022 - Target 2: ₹1190 - **Risk-Reward Ratio:** Favorable Monitor price...
Hello everyone, i hope you all will be doing good in your life and your trading as well, today i have brought a stock which has given a breakout of symmetrical triangle pattern with huge volume spike , generally whenver you see huge volume on the same day of breakout you can consider that as a healty breakout of that perticular company. Stock name Datamatics...
Weekly Chart Lupin Looks strong!! 10 year breakout done @ 2200 level Rounding Cup pattern breakout as well Cup height : 1500 points Target : 3750 Sl 1580
🔊 HAPPSTMNDS - Falling Wedge Pattern Formation HAPPSTMNDS - HAPPIEST MINDS TECHNO LTD ⌛Duration - Long Term (1 year to 2 years) 📊📈 Trade Logic - Falling Wedge Pattern Formation CMP - ₹ 813 Time Frame - Weekly 🎯Target 1 : ₹940 🎯Target 2 : ₹1050 🎯Target 3 : ₹1160 🎯Target 4 : ₹1260 🛑 Stop : ₹735 🏆 Risk/Reward Ratio (1: 7) * Stock hit ATH of ₹1580 on 12th July...