The stock moved past its prior all time high of 1540 in February. The Monthly MACD also crossed above its Trigger line, confirming resumption of long term up-move. In the past, the stock witnessed at-least 70% gains after MACD crossing its trigger line, so that gives us a minimum expectation of Rs.2600. Bullish outlook remains intact as long as price is above 1500.
Buy kscl for target of 1040 Time frame 1-2 weeks Stop loss daily close below 810
Buy Crompton Greaves for a target of 375 Stop loss: Daily close below 318 Time frame-20 days
The BOSCHLTD1 reached support area ,We have two possibilities: 1.Reversal from S 2.Breaking the Support and reach next S. Note: Educational purpose only.
Buy kscl for a target of 1064 has given a proper breakout at higher levels. Target can be achieved in 10 days. Squeeze momentum is showing strength
The stock is testing a strong S/R zone and a weekly close above this resistance can bring further move in this stock. This Idea is for Educational Purpose only. This is not a BUY/SELL recommendation. Learn & Earn, Dr. Tanya Kumar
BANKNIFTY Intraday Trade Setup For 9 May 2024 Bullish-Above 48250 Invalid-Below 48140 T- 48750 Bearish-Below 47850 Invalid-Above 47960 T- 47200 BANKNIFTY has closed on a bearish note once again with 0.55% cut today. It opened below our sell level and respected the same however overall it was sideways with injections. It has formed a spinning top candle in daily...
NIFTY Intraday Trade Setup For 9 May 2024 Bullish-Above 22370 Invalid-Below 22320 T- 22605 Bearish-Below 22170 Invalid-Above 22220 T- 22000 NIFTY has closed on an absolute flat note today. Yesterday we discussed that index has reached 50 EMA and there is a chance of respect. Tomorrow after a flat opening if index sustains today's high then there can be 0.618 %...
15 resistance area.so sell sl maintain. Happy trading. Support resistance bass trading plan.
Balkrishna Inds Balkrishna Ind. can be bought above the levels of 2481 with a stop loss of 2380 and a target of 2716 and 2770. this stock is at its resistance of 2480 to 2500 if it crosses and sustains it will see targets of 2640 and 2700 A stoploss can be placed under 2380
The price of Solana (SOL) has already led to the formation of a falling wedge pattern and given the breakout from it, the continuation in the breakout is anticipating a 25% potential rise. The main cause of this rally appears to be the increasing interest from institutional investors. Following a turbulent start to 2024, Solana is poised to regain traction. This...
THORChain has a market cap of $1.85 Billion and is ranked 53rd in the CMC. RUNE has a total supply of 414,236,892 in which 100% of it is circulating in the market. Meanwhile,the overall volume of the RUNE coin has seen a surge of 10% in the intraday session. RUNE token price is currently trading near the volume of $5.54 with a gain 1.19% in the intraday session.
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
Currently Bharatforg closed all time high @ 1425 with strong bullish candle breakout. Stoploss @ 1200. Long in cash market, Futures & options. Buy 1400 May 2024 Ce, Buy June-2024, and July-2024 Futures. Exit when stock price closes below the previous market structure. No hedging, direct Naked trading.
As we have taken the trade at breakout . Who want to join in this trade could get into trade at this pullback and enter the trade with good risk and reward ratio.
As we can see market is sideways but in downward movementum , making lower lows and lower highs . We should keep patience until we hit sl or target. Keep connected with us 🫶
Hello all dear traders! Gold price today decreased by 15 USD compared to last night's highest price of 2,325 USD/ounce. Accordingly, Gold decreased slightly as investors focused more on the prospect of interest rate cuts from the US Federal Reserve (Fed). According to CME's FedWatch tool, futures traders believe there is about a two-in-three chance that the US...