As mentioned yesterday about the conitunation of the downward journey,Our stoploss saved us from a huge loss. Today might be the last day to buy and accumulate stock and options. BNF is already showing strenght. We can expect a hugeeee reversal from this point before the exit polls
BFUtilities , a Kalyani group company in the field of wind power generation is showing big reversal indications. A monthly breakout was done few month back and currently stock is consolidating. Once 1000 is crossed, this stock would be hard to catch. Stock has improving fundamentals with net profit and EPS at all time high. Stock is highly undervalued considering...
A descending triangle is a bearish chart pattern in technical analysis that's characterized by two trendlines: a descending upper trendline and a second, flatter horizontal trendline that's lower than the first. The pattern is formed by a series of lower highs that meet the flat support line at the bottom
Gold prices dropped slightly to hover around $2,360 per ounce on Wednesday. According to analysis GOLD is following the previous wave E assessment, completing wave 4 and continuing wave 5. Gold price resumed its uptrend on Thursday and climbed more than 1% as US Treasury yields dropped, undermining the Greenback's appetite. ZONE SELL: 2358 - 2362 ZONE BUY:...
Buy at 128. SL 123. Target 136-140. Risk reward is favorable - bullish Ichimoku, EMA test, Fibo support. Timeline 2 weeks.
-The stock has formed an inverted head and shoulders pattern, a bullish reversal formation, with the neckline recently broken. - The price has decisively broken above the neckline around ₹850 with strong volume, confirming the pattern. - This breakout suggests a potential bullish move ahead. - Immediate support is now around the previous neckline at ₹850. - Next...
- The stock is forming a symmetrical triangle pattern, with higher lows and lower highs converging towards an apex. - The price is approaching the upper trendline of the symmetrical triangle. - A breakout above this trendline with strong volume can signal a bullish continuation. - Immediate resistance is around ₹640, the upper boundary of the triangle. - Support...
Indigo Cmp 3256 dated 24-5-2024 1. Bearish Engulfing @ Top 2. Price Fall with Volumes 3. RSI Break down Sell Below 4240 target 4185-4150-4125-4070 SL 4350 It is just a view, please trade at your own risk.
BNF is on Sideways. There is no potential movement towards UP or DOWN. Just follow the lines and zone. Try to make an entry based on it.
JUBILANT FOODWORKS This stock has made a bottom around 426 this can be bought around its support levels, or IF it sustains above 520 with the targets of 624-660 and 800-825
JK Lakshmi Cement's price has bounced back from the weekly demand zone (DZ), making it look like a good buying opportunity at the current market price. The last time the price touched this zone, it reached a new higher high Key Concepts: Demand Zone (DZ): A price range where buying interest is strong enough to prevent the price from falling further. This is...
Mention Information is only for Educational Purpose. In Daily chart, There Will be a breakout. RSI is strong . there are multiple rejection As per my View on Future Price may come at Rs.370 Please keep in mind that markets are inherently unpredictable, and there are no guarantees in trading. This view is based on my analysis as of Dated 08-May-2024, and...
Can give a good breakout.with 89, 97 Please keep in mind that markets are inherently unpredictable, and there are no guarantees in trading. This view is based on my analysis as of Dated 17-May-2024, and conditions may change. It's important to do your own research and consider your risk tolerance before making any trading decisions .Feel free to reach out .Your...
Indian bank previously broke resistance and came back to retest resistance area now reversing with decent volume and strong green candle if sustain above 595 then we can expect it to hit 670 level soon so keep in radar , risk reward is also good
Current Market Overview Gold prices often fluctuate based on various macroeconomic factors, including inflation rates, currency values, and geopolitical events. Before diving into a specific trading strategy, it's crucial to consider the current global economic environment and how it might influence gold prices. Strategy Details Buy Zone: 2330 - 2325 ...
Suraj looking very strong, ready to break 2.5 year old resistance volume rising RSI already given breakout Trading Above, all crucial EMA and SMA if breaks the resistance And Sustain above it can give decent profit
symmetrical triangle pattern breakout with high volume RSI also Gave breakout and now trading at 62 Should hit 80 so more upside possible From here Broke three year old trend line should give good momentum from here EMA ADX MACD BOLLINGER BAND ALL INDICATOR SHOWING STRENGTH :-KEEP IN RADAR
My view on this script Bearish. Target 1 :979 Target 2:966 Stoploss:1010 #Niftyfinance #Lifeinsurancecorporationofindia