Infy has seen sharp pull back from previous demand zone and has been side ways above previous demand zone and it has started rising up. Infy has taken good support and turned bullish again in middle of bullish share market but with valid reasons - 1) Last few weeks or 2 months I see Infy announcing more deals or info relating to growth when compared to past months...
💎 Paradisers, #VELOUSDT has bounced from the Higher Time Frame (HTF) demand level, accompanied by a Fair Value Gap (FVG) candle and also shown Change of Character (CHoCH) towards a bullish market structure, increasing the likelihood of a bullish move. 💎 #VELO has also broken out of the falling wedge and shown bullish divergence on the MACD. If the price directly...
Possible Scenarios and Levels to watch for in coming days.. 2350 if respected, more Bullishness is possible If broken, then 2300 zone will be next zone to provide some support. Which again if respected, then consolidation may continue. If 2300 also broken, then Decent selling will be more aggressive. Where By 2250 2200 2150 could be tested.
- WOO is currently basing out and the bigger the base the larger would be the expansion - WOO is still a good pick according to the current price action - Accumulate at its low if you wanna sell it or enjoy the ride towards the upside
- Link followed my second path where it trapped a lot of late buyers evaporated BSL and came back to the point of origin and shooter up again - If you are interested in buying Link then I would highly recommend you guys to wait because the RR as per the current price doesn't look good - 12-14$ can act as a very good range or accumulation zone if you want to buy Link.
A strong bearish piercing candle formed in the compression zone. The candle gives a strong breakdown of the bands. Trend is negative with medium strength. The probability of down move of 7% is more than 60% Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Volatility range 49927 -47063. On fall and close below 47063 can show effects of negative divergence. Overall, for near term must hold 47063. Currently underperformance to NF is visible on relative terms. Further sustained breakout and close above 49927 is essential for upside momentum. Critical support 47063 needs to be held for volatility or consolidation.
An Inverted Hammer candle formed on the top of the trend. I use the Fibonacci tool for levels. Zone : Expansion Trend : Negative Probability > 65% (On Scale) CMP : 460.80 R1 : 507.10 S1 : 436.60 S3 : 393.00 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
This big cement stock is giving breakout of Inverse H&S pattern on daily chart. As nifty has given fresh breakout with huge upside. this cement leader is ready for big move.
Stock trading below its intrinsic value its Best Buy for long term .Avoid futures and options it carries sustained risk if not managed properly.Options are contract carrying risk that are deeper to your pockets.Trade wisely and stay safe …..
This week, gold surged and fell after opening on Monday, and then fell all the way, which was in line with our expectations. After rebounding to the 2383 line yesterday, it fell under pressure and continued to fall after breaking 2350, eliminating the previous signs of rebound, and the lowest reached 2327. In the weak market, the daily line finally closed with a...
HDFC Life analysis as per dow theory for buying and shorting
Weekly TF : Technical Levels Trend : Positive Strength : Strong CMP : 1885.90 R1 : 2194.00 S1 : 1770.00 S2 : 1662.05 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
-In consolidation for 3 months (Long base means Big Breakout) -Tested 71800ish resistance level multiple times and this time after testing took support of 10 ema (2 wicks) n signalling reversal. -Good Shakeout U&R (Undercut and Rally, when price go lower than last lower: kicking out weak players , taking out their stop losses and rally back to upside) -Signal...
HUL: if price go above 2387 and sustain in daily time frame target1-2431,2517,2586,2667 The above information do not constitute, financial, investment, trading, or other types of advice or recommendation. It is purely for educational purpose
Results: Solid Q4FY24 Rev at 47622cr vs 44253cr Other inc at 1194cr vs 491cr PBT at 8375cr vs 6026cr, Q3 at 5134cr PAT at 6490cr vs 4871cr, Q3 at 5208cr Solid QoQ and YoY uptick OCF at 40784cr vs 47151cr TA: Horizontal Line Setup, will be better if it adds a bit of consolidation right here near this level n BO.
In last 3 days we get massive profit Copper 71 points profit, Sold at 937 booked at 893 , again buy at 885 booked at 902. Again sold at 893 booked at 883 Gold Sold at 74100 , profit booked at 71400 , 2700 points profit Silver sold at 94000 , profit booked at 90300 , 3700 points profit Crude Sold at 6650 , booked at 6350 300 points profit On Our Harmonic...