IDFC FIRST BANK CMP 74.21 - 25 % dip from top .As per fib retracement levels IDFC FIRST BANK Trading below 0.5 level ,75.5 is a support , and price is trading below 75.5 as per my analysis Uptrend will resume when price move above 77 or 80. could be safe entry. Please Note its my personal view its not a Buy or Sell recommendation
buy on close abv 318 sl 299 Disc : It's not an investment advise to buy or sell
Triangle pattern at IFGLEXPOR RSI oversold Strong Resistance Strong Support Possible uptrend
Hello Everyone. Market opened gap down and following the trednline. Let the market break the zoe then look for directional trades. Book profits every 30 points as we are getting very few trending moves.
Hello Everyone. The market opened gap down and took support of trendline today. Look for small trades within the range or wait for the range to break. If we do trades in between the zone it might hit SL. Its friday so premiums will be moving slowly.
ICICI PRUDENTIAL The stock experienced an upward trend, forming an Ascending Broadening Wedge pattern that suggested a bearish outlook. Following a breakdown, the stock price fell sharply and entered a consolidation phase. During this period, the stock exhibited progressively smaller price fluctuations, establishing a series of consolidation bases, each one...
Cummins tested its year trend line which is 3470 levels... breaking the line may bleed more Support levels as follows S1 = 3290 S2 = 3090 S3 = 2790 Upside movemnt only valid if its breaks and suatain above 3750 levels
Early Friday, Gold price reverses the previous day’s pullback from a two-week high as traders await the US monthly employment data for July. That said, the recent bias supporting the US Federal Reserve’s (Fed) frequent rate cuts in 2024 allowed the precious metal to remain firmer within an inverse Head and Shoulders (H&S) bullish chart formation. Apart from that,...
All-Time High: HSCL is trading at an all-time high, indicating strong bullish momentum. Retest of 400 Level: The stock successfully retested the 400 level, confirming support. Volume Confirmation: Increased volume suggests strong buying interest. Consolidation and Breakout: The stock has consolidated and broken out, followed by a retest, which is a bullish...
Venus Remedies reached an ATH of 639 on 9th Aug '21and then corrected by approximately 77% to reach a low of 145.80 on 22nd Feb'23. In the month of Feb'23, the scrip took support on the base and has resumed uptrend, forming a triangle pattern in the process. On 30th May'23, the scrip opened with a very large gap-up ad gained 20% in a day. On the following...
The scrip was in a corrective phase after reaching a 52W high of .The scrip gave a breakout from the triangle pattern on daily time frame forming a large bullish candle on 01.03.2023 rising 5.6 percent to Rs 82.65 with above average volumes, the highest closing level since January 31.The stock is trading higher than 5 day, 20 day, 50 day, 100 day and 200 day...
The stock hit a fresh 52-week high of 151.30 on 10th May 2021, but failed to hold on to the momentum, falling about 58% . SAIL took support at the lower trendline of the wedge pattern on 21st June 2022 and bounced back from a 52W low of 63.60 to a high of 93.90 on 19th Jan 2023, rising about 47% . In terms of price action, the stock is trading well...
RBL Bank reached an ATH of 716.4 in May'19 and corrected approximately 90% to reach 74.15 in the month of June 2022. It then took support at lower trend line of the wedge and rose by 255% in 7 months i.e. till Jan'23. Since then the price has been hovering near the upper trend line (resistance) of the wedge. Risky Traders Entry: Only above 176 (daily closing...
The stock reached ATH of 314.55 on 9th June 2014. It then fell by almost 84% to reach 50 on 13th Mar 2020. It took support at the lower trend line to reach high of 194.95 on 8th Mar 2022. It faced a correction of almost 38% reaching a 52W low of 119.85. on 6th July 2022. Recently, it took support from lower end of the channel rising nearly 33.62% in 9 months....
PCBL reached an ATH of 159.40 in Jan'18 before falling by 83% to a low of 27.05. It again rose to a high of 153.75 in Sep'22 and thereafter fell to a low of 108.70. In the process it formed a perfect Cup & Handle pattern on daily charts. Since, 2018 it was trading below multi-year resistance trend line.It has given from cup & Handle pattern on 14th Jun'23, forming...
Deepak Fertilisers reached an ATH of 1062 in the 3rd week of Oct'22 and then corrected by approximately 52% to reach a low of 512.40 in Mar'23. It took support from the base of the triangle pattern and resumed uptrend. On 1st June'23, the scrip succesfully broke out of the triangle pattern reaching a high of 570, followed by 1 month of consolidation.Last...
1. Reversal pattern breakout 2. 14 months consolidation before breakout 3. 1: 7+ RR Trade set up
Stock trying to break 1600 levels, Twice failed and again heading to the same trajectory... Can see some volume pick up in the recent days... Keep Sl of 1500 to 1513 range and hold for the target of 1650