Trend Negative, Strength Medium The degree and nature of separation in both bands indicates a negative trend. The price is trading on the lower side of STMA Band. The probability of a next negative candle is more than 70%. Important levels are marked on the chart. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Today we have a indecisive candle (doji). A Doji above the upper edge of a triangular pattern indicates the weakness in the uptrend. The price could test the support level of 415. If tomorrow we get a red candle then a shooting star pattern will be formed. So, I am waiting for a trend to start. Disclaimer: This is my pre market analysis and my trading journal....
Hello & welcome to this analysis Stock has been in a 2 years decline and is now v close to a crucial support at 515 if breached then further downside could continue in the short term. Resistance at 625 and 750 Overall a wait and watch scenario for the stock Happy Investing
Book Of Meme Price Prediction: Can BOME Be A Good Pick For June? Book of Meme Crypto was currently trading at a value that is 53% below its all-time high, reached two months prior. The volume-to-market cap ratio stands at 45.7%, indicating a heightened level of volatility in the cryptocurrency's market activity. BOOK OF MEME represents an innovative venture set...
Hi Traders !!! Welcome Back. Inox wind is looking great on the chart and forming inverted head and shoulder on daily time frame. the buying range would be around 160-165 for the target of 190 with SL of 149. Keep Trading. Like and subscribe for such wonderful analysis
As we can see market was moving between blue channel, But at red circle, it broke the previous low and then from there it started to gain momentum in opposite direction, and breaks previous high at Line A.
As we can see price is consolidating between the lines, But it is clear that,it started to follow orange Line instead of black Line.
AArti Industries announced end of year results on Fri, 10th May after market. QOQ 👉Revenue rose 2.37% to 1773cr 👉Profit rose 6.45% to 132cr 👉EPS rose 6.43% to 3.64 👉EBITDA rose 9.27% to 283 👉EBITDA Margin rose 1.00% BPS to 16% YOY 👉Revenue rose 7.07% from 1656cr 👉Profit drops -11.41% from 149cr 👉EPS drops -11.44% from 4.11 👉EBITDA rose 11.86% from 253 👉EBITDA...
Enginersin has formed inverted H&S pattern a few days ago. Buy in dips and wait for target of 290>300
Can Enhanced Sentiments Propel Jupiter to Revisit Monthly Highs? Jupiter Crypto has been navigating a compelling channel pattern, indicating potential volatility and trading opportunities. The surge in development activity hints at impending significant updates, signaling a proactive approach to innovation and improvement. Jupiter crypto was down for the last...
Eicher motors Channel for trading Buy near channel bottom and sell near or above channel high
Focus on how price behave just before going upward.. Here Trend completely changed from downtrend to uptrend, but before the start of major uptrend, price broke the previous low, from there it started to move up.
Tube Investments of India Ltd. is an interesting chart with following 1. RSI on daily and monthly time above 60 2. Price crossed above 20 week SMA with volume 3. ABCD pattern under formation on weekly chart can be a good risk reward with buy on dips and dips only with support near 3670 - 3600 zone Lets See How it evolves Disclaimer: NOT A BUY / SELL...
Market is at all time high. Elections results are are near and we can see hugh volatility in market. Chart after breakout will too retrach near 22800. 22800 will be crucial level.
CIE Automotive India Ltd. is an interesting chart with following 1. RSI on all time frames DWM Above 60 2. Narrowing Bollinger Bands on weekly chart 3. ABCD Pattern on weekly chart 4. Stock Out Performing benchmark and Sectoral index both on 1 week and 3 months 5. Higher Trade and Delivery quantity on weekly time frames. Last but not the least - A...
Divi's Laboratories Ltd. is an interesting chart with following 1. Reverse Head & Shoulder Pattern on weekly chart 2. Narrowing Bollinger Bands on Weekly chart and Price walking on upper Bollinger Band 3. ABCD Pattern under formation on weekly chart 4. RSI on daily and Weekly time frame above 60 5. High Trade and Delivery quantity 6. Stock outperforming...
On the stock edge weekly breakout analysis , price has given a breakout. 2H time frame study shows price has reached the trendline, and getting rejected from there. We should take trade as per breakout of last candle
Reliance Industries Ltd. is an interesting chart with following 1. RSI on D/W/M above 60 2. ABCD Pattern under formation on weekly chart 3. Price crossed above 20 Week SMA during the week Can be a Good risk reward with buy on dips and dips as major support exist at 2870-2880 zone being daily and weekly 20 SMA support Lets see how it evolves Disclaimer:...