importance of support and resistance and how chart reading can help you identify the levels to enter and exit can be easily understood from this chart
NSE:ARIHANTCAP ❇️ Strong breakout on weekly chart. ❇️ Flag and poll pattern in 30mint time frame. ❇️ Stock can achive 108-115 targets in upcoming days. ❇️ Short and log terms targets 140-160-190++. ❇️ Nearby support 88-90. ❇️ Above 95 we can see a real move🔥 👉🏻 @thetradeforecast 🇮🇳
we mark Support and Resistance on the charts so you can check.. When referring to "4H levels" for Axis Bank, it’s likely you are talking about technical analysis on a 4-hour (4H) chart. In technical analysis, a 4-hour chart is used to view price movements and patterns in 4-hour intervals, which can help traders and analysts make short to medium-term trading...
# we mark Support and Resistance on the charts so you can check.. When analyzing HDFC Bank on a 4-hour (4H) chart, you’re examining price movements over 4-hour intervals, which is useful for short- to medium-term trading and trend analysis. Here’s how you might interpret 4-hour levels and key aspects to look for: 1. Support and Resistance Levels Support Levels:...
1W - Head & Shoulder 1M - Channel or Box Pattern If they break the channel or box, then good movement upside
IREDA has fallen considerably from 300 levels in the last month. It has broken the 20 EMA and is trading just above 50 EMA. When the 20 EMA price goes below 50 EMA, we can confirm the bearish trend. Support levels:214, 174 If it takes the support around 50 EMA we can expect a decent rally.
it seems to have broken out of a tight range now it needs to sustain above 340 levels ....
Bitcoin is still consolidating at the same area that i mentioned in the previous analysis. if bitcoin breaks above the upper trend line, we can see a bullish movement towards $65,000 area soon. Otherwise it will keep consolidating in the same range or break below the lower trend line. BINGX:BTCUSDT.PS
Details: Asset: VLS Finance Limited (VLSFIN) Breakout Level: Sustaining above 400 Potential Target: Long-term uptrend potential Stop Loss: Below 400 or as per risk tolerance Timeframe: Long-term Rationale: VLS Finance Limited (VLSFIN) has recently given a bullish breakout and is now sustaining above the 400 level. This breakout indicates a strong bullish...
GOLD SHOWING A GOOD UP 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 neckline...
Details: Asset: Godrej Industries Limited (GODREJIND) Breakout Level: Sustaining above 1120 Potential Target: 1200+ Stop Loss: Below 1120 or as per risk tolerance Timeframe: Short to medium-term Rationale: Godrej Industries Limited (GODREJIND) has recently given a bullish breakout and is now sustaining above the 1120 level. This breakout suggests a continuation...
Geojit financial has shown cup and handle breakout from trendline. We have seen similar chart in Heromotorcorp where ATH levels have been breached. We might get to see a similar story in this stock. Do check out my Hero motor corp analysis as well. If you like my analysis, please like it and follow me for more such trading ideas.
strong fundamental growth, with QoQ profit and revenue expansion. rounding pattern completed. also called cup and handle soon new highs on the way. lik_e share and f_ollow.
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
Details: Asset: Geojit Financial Services Limited (GEOJITFIN) Breakout Level: Sustaining above 140 Potential Target: 180+ Stop Loss: Below 140 or as per risk tolerance Timeframe: Short to medium-term Rationale: Geojit Financial Services Limited (GEOJITFIN) has given a bullish breakout and is now sustaining above the 140 level. This breakout could lead to further...
Sep 3, 2024 On July 31, 2024, we published the expected destination of Wave 3 of PIIND, which was around the 200% Fib level. The chart below shows our previous analysis of PIIND. On Sep 3, 2024, PIIND hit a high of Rs 4630. With this it seems that both Wave 3 and Wave 5 are over, and it is time for a short correction. Once again, we got the levels almost...
SHARED ANALYSIS based on purely price action only for a technical aspect. Described level does not need to necessarily be observed…. KEEP ADDING to your watchlist and wait patiently for described level ( It may / may not be takes time ) LONG TERM INVESTORS can use described levels to accumulate OR hold….
SHARED ANALYSIS based on purely price action only for a technical aspect. Described level does not need to necessarily be observed…. KEEP ADDING to your watchlist and wait patiently for described level ( It may / may not be takes time ) LONG TERM INVESTORS can use described levels to accumulate OR hold….