ENTRY LEVEL:209 SL-201 Price has started to form higher high and higher low formation. Let us see.
The BONK price has shown a remarkable structure between bulls and bears on the daily chart. The Price was in bullish favor earlier, as it journeyed from $0.00001000, after a plenty consolidation and reached a peak of $0.00004750, where the candle gave closing at $0.00003800 by March 4th, 2024. Thereafter, by March 5th, 2024, the price ended up in a wedge and...
VOdafone Idea formed double bottom. Volumes increasing.
Bank Nifty is trading below Monthly and Weekly CPR , We have to look in Hourly timeframe if candles are getting resistance from 20 and 50 Sma and weekly cpr , that we can easily find from 5 min chart candles if candles are taking resistance from 200 sma and R1 in 5 min timeframe we can say that hourly Sma are proving resistance and we can expect prices to go down...
Analysis: Data Patterns Ltd. boasts a market capitalization of 15,747 crore with a high PE ratio of 94.90 and a beta of 1.09. Its 52-week high/low is 3,208.95/1,512.00. The stock is currently exhibiting a descending channel pattern, finding support at the 200 EMA while facing resistance from the 20/50/100 EMAs. Friday's trading session, on 10/05/2024, closed...
#BTC/USDT has recently shown promising signs of a potential relief rally, supported by the formation of a double bottom pattern and bullish divergence. A double bottom typically indicates a reversal pattern, suggesting that selling pressure may have exhausted and buyers are stepping in. Concurrently, bullish divergence, where price forms lower lows while the...
It's Actually club both 52 Weekly high & All time high in it.. I personally trade on Weekly & Monthly chart & Daily & hourly chart for circuit filters..
BankNifty had a better kind of retracement than Nifty, but it was not able to break away from the 47465 today. More importantly, it was not even able to break down either. That signifies the importance of 47465 as a critical SR level. The behavior from open to 10.07 was quite exactly as we wrote about yesterday. This market is held by weak Bears and they run for...
HINDUSTAN ZINC Monthly ( 5-6 year Breakout & it's have both All time high & 52 Weekly breakout in it..
NIFTY is trading in upward channel and is currenly testing the lower trendline on the channel. Zone between 21750, 100 EMA and the lower trendline of the channel should act as a strong support zone. RSI is also showing a divergence right now. If these supports break then price can pull down to next strong support zones marked by 200 EMA, Previous pink...
+ good prior up move * nice volume buildup + trading above Key EMAs the stock is setting upnicely so keep i your watchlist and wait for the breakout
The trend of gold this week showed an upward trend in the second half of the period, with the weekly closing as a big positive line with some small upper and lower shadow lines. On Friday, we publicly pointed out that short orders were carried out on the 2375-2378 line. As a result, the big negative line once touched 2355, showing a downward trend. Yesterday,...
Nifty Analysis - Stance Bearish⬇️ Recap from yesterday: "On the higher timeframe, N50 has made a massive double top, see the black dotted line. If it materializes, it could even be a real shocker to the bulls out there. Just like we discussed this week, if 21913 is getting taken out, the inverse H&S pattern will get negated." Nifty was unable to take out the...
Chola Financials Might be a good Bet Keep your SL @ 30-40% below Cmp close basis.
Analysis: MTAR Technologies Ltd. currently holds a market capitalization of 5507 crore with an average PE ratio of 67.21 and a beta of 0.76. Its 52-week high/low is 2920.35/1473.00. In the hourly chart, the stock is observed to be in a consolidated phase, indicating a bearish trend. The 15-minute chart on 10/05/2024 closed with an evening star pattern, further...
⚡️ SMSPHARMA: 204 🔘 6-month base breakout in Feb 🔘 60%+ move in <2 months 🔘 Previous breakout zone acting as a support 🔘 Contraction near 10 & 21 EMA 🔘 NR7 🔘 Month-low volume Looks good to me above 210
IEX stock is in sideways. Need to break level of 134 to start downtrend. Or need to break 161 to start uptrend. In monthly time frame price in downtrend and going for correction so possibility for uptrend is high. If price closes above 160 next target will be 168 and 195. If price closes below 134 Downside target will be 121.
48 days EMA line has broken. if falls continue next support 393 370 strong demand zone and 52 week low. It is just a view, please trade at your own risk. I'm not SEBI registered adviser.