Technical Analysis - After breaking out at ₹150, the stock reached ₹300. - It consolidated in a range for 6 months before breaking out again in June 2024 to touch ₹450. - The price has now retraced to the ₹300 level, retesting previous support. - Fibonacci Retracement: Currently in the golden pocket zone. - RSI: Indicates a healthy momentum. - Moving...
Bearish - 1. If Solana breaks the trendline, we can see the dump 2. Above we have a 200MA which will be acting as a resistance. 2. There is an order block just near the 200MA We can open up the short positions if Solana break the trendline Bullish In case Solana gives a break to the upside with a heavy volume then we can open a long position but there is a...
15 min Timeframe Solana is creating a bull flag on the 15-minute chart, But on 1-hour timeframe, there is 200MA which will work as a resistance. If SOL gives a break down then it will give a nice short setup up which will also break the up trend channel in the 1hr Time frame If it breaks up then it will break the resistance level, and we can create a long...
15 Min timeframe - Bitcoin is moving in a channel when the price is increasing and we can not see the volume, It is moving toward the range of 58600, where we can see the rejection. In case BTC break below the channel,, we can open the short position it will be a low risk high reward setup
Golden Cross Over Rising RSI > 60 Fundamentally Strong Overall Indian Chemical Industry is improving. Targets : 840/872/911 SL : 790 (Will Trail with SL) (Enter trade only if market sustain green)
bpcl lookng quite good and withstanding all the selling pressure and market weaknes, very strong holding up and showing great strength.
IREDA - Beauty of charts !! Initially i spotted this chart forming VCP pattern, post which the stock ran up to 300. (see my prev. post) Post correction, the stock now is forming potential Cup & Handle Pattern. Educational Tip : Please spend some time on chart patterns. My Fav. being Flag & Pole, C&H and VCP. View valid above 268 for target of 300, 415 and...
The major indicators signifying bearishness, as EMA bands showed price traded below the death cross, and MACD showed a bearish cross. However, the RSI showed a resurgence from oversold territory, where it flashed at 31.04. Therefore, the resistance is at $15 and $17, which is followed by the supports of $8 and $6, respectively.
Nifty50 Support And Resistance 8-Aug-2024 Please find Above simple resistance and support 𝐃𝐈𝐒𝐂𝐋𝐀𝐈𝐌𝐄𝐑: I'm not 𝐒𝐄𝐁𝐈 Registered.
Gold Intraday: under pressure. Pivot: 2403.00 Our preference: Short positions below 2403.00 with targets at 2378.00 & 2365.00 in extension. Alternative scenario: Above 2403.00 look for further upside with 2417.00 & 2431.00 as targets. Comment: As long as 2403.00 is resistance, look for choppy price action with a bearish bias.
The current trend of US Oil is bullish by breaching the resistance at 73.69. Expecting further rally on account of tension raised at Middle East .
Technical Analysis:Naturalgas (1-Hour Timeframe) Short-Term Outlook: Bullish Trade Setup: Target 1 - 178 Target 2 - 182 Risk Management: make sure to put stoploss Disclaimer: This is a technical analysis based on the provided data and should not be considered financial advice. Trading involves risk, and past performance is not indicative of future...
VENKEYS is moving in a clear Ascending Channel with support at the bottom of the channel retested multiple times as shown in the chart. The Price has again bounced after touching the bottom of the channel Key Points: Ascending Channel: The stock has been trading within a well-defined ascending channel for several years. The price recently bounced off the...
Good breakout and retest done, Short term target 800 and Medium term 1000. Good fundamental stock, Reducing debts, under valued stock. Company has pledged 25% shares which may be released soon.
EXIDEIND can be bought based on daily charts for 40% upside. On Daily Charts stock is trying to do base formation & possible CUP pattern to get developed breakout of which will give Targets of 700 from current Levels. LTP - 496 SL - 445 Targets - 700 Timeframe - 8-10 Months Happy Investing.
Symmetrical Triangle Breakout Setup RSI near 65 and rising Trading above EMA50 Volume increasing Disc: For study, not a recommendation