On this monthly chart LUPIN just broke-out from about 9 and half years long base. It is now trading slightly above the breakout point. If it sustains above 2025 level, we can see some significant rally. The momentum is pretty strong as indicated by RSI that is rising above 60. Its relative performance to CNX 500 is strong and is rising above its 12-month MA....
The stock has been forming a cup and handle pattern on the weekly time frame where the 965 level is acting as a crucial resistance however it can be shattered if the market sentiments favour and after that a prelonged rally , however a major concern for the company is its ailing balance sheet which shows quite concerning factors but for a swing trade it can be bought
NSE:RADICO looks strong and is attempting a breakout. One can buy above 1850 and keep that level as stop loss. Clean chart. Strong business.
NSE:INDIGO has given a very clean breakout and a stop loss at ~4500 can be maintained here. Clear Blue Sky for the Stock to Fly ;)
NSE:INDIGO has given a very clean breakout and a stop loss at ~4500 can be maintained here. Clear Blue Sky for the Stock to Fly ;)
Gold rose rapidly to around 2518 during the US trading session on Friday due to risk aversion, but the overall one-hour trend showed that although the rebound was strong, the gold price has not really turned to long. The most intuitive signal is that gold prices failed to effectively break through the 2520 line and the historical high of 2531, indicating that...
Bank Nifty Bank Nifty had a significant swing, but it looks like a range-bound market. My expectation for this week is a sharp and long rally. that's If the market sustains around the 61% Fibonacci level, then it could reach a minimum of 51,563 and potentially up to the 78% level. This is our primary scenario. Alternate Variation: The alternate scenario is...
Nifty and Bank Nifty Directions and Levels for August Last Week. Global Market Overview In the previous week, global markets experienced a long consolidation. By the end of the week, they closed with a solid green candle (based on the Dow Jones). Structurally, this indicates a positive bias; however, some events are on the horizon. If this support holds, our...
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
1M - Cup and Handle Pattern Strong breakout Some months volume also increases.
RBMINFRA is breaking out from a 7-month base taking the stock to trade at new heights. It is now trading very close to the breakout point (after breaching the resistance during the last week). If it starts trading above 745 we can see some good rally. On this weekly chart momentum is strong as indicated by RSI that is moving up above 60. Its relative performance...
NSE:NIFTY 15 mn chart....... Bearish view on nifty. if gap up opening not sustain. It might be Bearish bat or xabcd pattern. In Bullish scenario nifty has to sustain above 25k Note: I am sharing my idea only for educational purpose.
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
This is a future probable trade. Entry, Target and Stoploss are mentioned in the chart. Keep an eye on reversal in the range. Reversal Zone - 4937.35 - 4956 Trade - Short SL - 5070 Target - 4820,4715,4628 Once in profit of 0.5%, trail sl to cost.
Can NEAR Protocol Price Resume Its Rally Beyond $5 Level? Meta Description: Near Protocol price made a strong comeback and in the recent sessions rose nearly 24% a week Near Protocol price a strong comeback rising nearly 24% a week. The weighted sentiment curve surpassed the zero line and shifted to bullish territory. Near Protocol price made a strong comeback...
TONCOIN: Possible "Head-Shoulders" under construction?! Detection of a possible chart pattern "Head-Shoulder" = "SUMMER" in Daily" Monitor the " Nech line", and the Fibonacci and ICHIMOKU levels, as well as the 50 and 200 exponential moving averages on higher time units if necessary. The downside targets are indicated on the chart. We could return to the...