PNB HOUSING is an interesting chart with following 1. RSI Above 60 on daily, Weekly and Monthly charts 2. ABCD pattern under formation on weekly chart 3. Major Price support on 745-790 zone being 20 Week, 20 Day, 50 Day and 200 day Moving Averages Lets See How it Evolves. Disclaimer: NOT A BUY / SELL RECOMMENDATION I am not an expert I just share interesting...
These are the levels for intra or short term. Resistance and supports are clear in the chart can you strangle at low risk and low reward scenarios. Purely educational and do your own research for further move
RELIGARE is an interesting chart with following 1. RSI on all time frames above 60 2. Narrowing Bollinger Bands on weekly and daily chart 3. ABCD pattern under formation on weekly chart 4. Major Support near 225-245 zone being 20 day, 20 week, 50 day and 200 day moving averages. 5. Caution ROCE % of company is low as compared to Average of its peers and...
Hi mates, Sharing an idea for Asian paints on daily chart i hope you will like my work and idea so let's start quickly as we can see that price was consolidating in a parallel channel from last many month and recently price broke that channel and came out so we can consider it's a parallel channel breakout and it seems that price keenly want to go till marked...
primary trend breakout in weekly safe player wait for monthly closing
secondary trend weekly breakout we excpect minium 5% from here
📈 Crude Oil MCX Future Intraday Technical Chart Analysis 📊 Range Trigger Point: 6030 📉 Day Range: 215 📅 Level Type: Intraday 📅 Valid For: 22nd, August, 2024 📈 Buy Above: 6153 💼 Average Position: 6128 🎯 Buy Target 1: 6163 🎯 Buy Target 2: 6245 🛑 Stoploss: 6081 📉 Sale Below: 6102 🎯 Sale Target 1: 5897 🎯 Sale Target 2: 5815 🛑 Stoploss: 6174 ✨ Follow and engage for...
📈 NG MCX Future Technical Chart Analysis 📊 Range Trigger Point: 181.20 📉 Day Range: 7.90 📅 Level Type: Intraday 📅 Valid For: 22nd August, 2024 📈 Buy Above: 184.08 💼 Average Position: 183.15 🎯 Buy Target 1: 186.08 🎯 Buy Target 2: 189.10 🛑 Stoploss: 181.45 📉 Sale Below: 182.22 🎯 Sale Target 1: 176.32 🎯 Sale Target 2: 173.30 🛑 Stoploss: 184.85 ✨ Follow and engage...
Inverted Head & Shoulder Pattern formation, with good Volume Build up.
The stock seems to be consolidating in a tight range facing multiple rejections and support. The stock made a strong move of around 9% today while taking support from 50 and 200 ema, indicating buyers' interest. Entry above 410 can be initiated upon breaking out from the zone. Considering the financial perspective with technical analysis, the stock seems ready for action.
Hello 👋 Today I have picked one more break out stock. The name of the stock is "Magadh Sugar" Stock has been reports strong financial growth, as net profit rose to 21% Technical Aspects. Currently stock showing good price action on chart as price is at its all time highs.. RSI - the momentum indicator showing strength as currently it's inclined & above 64.....
Ascending Triangle Formation, Might Give a Good Breakout.
We might see a reversal from this support zone or it might see a bit more correction till 550( A strong support level as indicated by Fixed Volume Profile Indicator).
Just for learning- this stock tries to form a cup and handle format. We can give a short term buy with stoploss of 30.5 .
COAL INDIA BULLISH TRIANGLE BREAKOUT Coal India Ltd is mainly engaged in mining and production of Coal and also operates Coal washeries. The major consumers of the company are power and steel sectors. Consumers from other sectors include cement, fertilizers, brick kilns etc.
Standing on a Multi-Year Break out & Double Bottom Chart Pattern is also Seen. Volumes is Also Health and Building Up. if it Does Break Through this Resistance then We Might See a Strong Uptrend in Jubilant. Wait for the Break out and a Pullback After the Breakout.
NSE:NIFTY ANALYSIS FOR TOMORROW 🔺 ❇️ IMPORTANT LEVELS 🚀 ❇️ Support: 25730-24680-24645-24600-24550. ❇️ Resistance : 24750-24800-24875-24920 ❇️ Raising wedge pattern at 15-30mint time frame. (Bearish pattern) 👉🏻 PURPLE LINE : 24730 is a key level, above buying, Below selling. 👉🏻 @thetradeforecast 🇮🇳
As we can see BANKNIFTY has shown signs of REVERSAL after a series of consolidation which could lead to potential unidirectional move followed by its break. Unless it’s broken down, we can’t expect a change of TREND, till then BANKNIFTY remains bullish till 46700 is protected and have we might see more of bullishness as the impending gap is yet to be filled so...