Hi This looks very good buy setup, very classical pattern. Look for breakout of this falling channel, don't enter before breakout because it can turn into other pattern. right now on the basis of what we have in this chart, I'm looking for breakout only.
Topic - # ABB INDIA // 4 Hour Time Frame For Long ABB INDIA LTD Areas What does ABB India do? The Company undertakes projects in the field of energy production, power transmission, transportation, process automation and pollution control. ABB India's products include pollution control equipment, switch gears and high current rectifiers.
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM CONCEPTS" ... Please Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
#5paisa After earning stocks managed to hold itself above the key support level which is also the long term support level. Looks like all the short term traders have booked profit after earning and now the stock has dried up volume. As per the last candle's momentum the move will be quick tomorrow. On weekly chart you can see it has taken support on 50EMA On...
Gold continued to show a volatile downward trend today, continuing to fall after breaking through the previous high-level support on the 4-hour chart. The K-line is basically close to the short-term moving average, showing a relatively obvious downward trend of shock. There is almost no sign of a strong rebound during the session, and there is no signal of a...
Tata Motors is making a Triangle Pattern at Daily Chart, made a Hammer Candle on 19april. Following the 9EMA rule, probability of going up and touching 1035 in a few days. Now 944 has became a Support from Resistance in feb 2024. For my learning and digital records purpose only.
Sell gbpusd at price 1.25581 Sl 1.25750 Tp 1.24100 Lot size recommended 0.01 This is institution entry and i know where big institution enters so open a sell trade and thanks me later
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 14-5-24 Nifty has broken a Trend Channel’s Lower Support Line with BIG Price Breakdown and closes below it for the first time after Jan.24. Now this Support Trend Line will become A Very Tough Resistance for any Relief Rally. A Short covering upto 22150-22280 may...
At a very good support level here at 33000. Today's low can act as support for the index in near term. If it breaks and closes below in daily TF, we can short IT undoubtedly but with today's candle low as SL, we can trade long for now. With minimum risk, we have max upside potential from here if market stays green & obviously sector remains positive.
Before moving ahead, I would like to clear why I am posting these sector analysis instead of stock analysis is because for taking any trade I first look at broader market first, i.e. Nifty & BNF and its trend. Then I do sector analysis, for example sector which is trending or showing good momentum or support, and then do multiple TF analysis. Then I take a stock...
Before moving ahead, I would like to clear why I am posting these sector analysis instead of stock analysis is because for taking any trade I first look at broader market first, i.e. Nifty & BNF and its trend. Then I do sector analysis, for example sector which is trending or showing good momentum or support, and then do multiple TF analysis. Then I take a stock...
One sector which can outperform the market if it stays bullish is Nifty PSE definitely. Although, the public sector stocks have given good run up till now, but if market supports, this index can reach new ATH as its stocks are highly bullish even after negative trend for the past 8 trading sessions. It is taking support from lower levels and constantly trying to...
👑 Daily Time Frame For Long Bank-Nifty Areas 👑 "Market is always open the next trading day" "Market god favors those discipline and patient" "The number 1 mistake traders make is to be influence by news" "Trading is a game of EQ not IQ" "Ocean rise, sampan rise. Ocean sinks, sampan sinks." "Focus on your own trading, even if the whole world lose money it...
Lupin LTD Lupin has a potential to break above 1700 and can show strength above that. Lupin has a potential to go up to1820 to 1849. Keep Stoploss at about near or below 1613
Date : 13-May-2024 Rating : Buy - Positional Trade LTP : Rs. 597.30 Targets: (1) Rs. 640 --> (2) Rs. 680 --> (3) Rs. 724 SL : Rs. 545 on daily close basis Technical View: • NSE:ICICIPRULI is in its primary uptrend and is currently going through it's secondary uptrend. • After re-testing the current secondary uptrend line on 29-Apr-2024, It has again...
Nifty Auto retesting the breakout on Daily TF. Taking support from the levels. Stocks like Hero Motorcorp, Tata Motors, etc. are in good uptrend. Although, Tata Motors fell 8% today because of Q4 results it posted on Friday. But still the other stocks gave good recovery from lower levels in the index along with the broader market index. If it stays positive and...
Nifty PVT Banks have turned here too. Market has to have financials support if it has to move up. Similarly, if it has to move down, it should have support from the major banks of the indices, as they have huge weightage in both Nifty and Banknifty. This index has also taken support here at trendline same as market indices. We can see a pullback now up to 24093...
Analysis: Bombay Burmah Trading Corporation Ltd. has a market capitalization of 10,840 crore, with a current market price of 1553.70. Its 52-week high/low is 1839.95/918, offering a dividend yield of 0.08. The stock has a beta of 1.33. In the 15-minute timeframe, the stock is observed to be moving in a rounding pattern and is attempting to surpass its...