The S&P CNX Nifty Index Futures chart indicates an uptrend within a defined channel, with the price currently testing a key resistance level. A rejection from this resistance could lead to a pullback towards the fair value gap . Volume analysis supports this potential scenario, suggesting that a move to fill the gap could occur before the price resumes its...
RSI = 50, Darvas Box formed at 23.60% retracement level of Fibonacci. The index could be volatile in the range of 6840 to 7300. The constituents could experience high volatility in the coming week. A fresh trend is formed above the level of 7300. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Much awaited thing is seeing cantabil back in demand Lets see if it can sustain and break the yellow line RSI indicator has shown breakout and volumes are rising Levels are marked can keep a watch and then long
NSE:MAPMYINDIA Ascending triangle breakout in MayMyIndia. Forming double bottom and trying for breakout, can gain very good momentum above 2075. Triple top breakout if closes above 2075. Earnings release beats market expectations. Indicators: RSI looking good above 60. Buy above 2075 TGT: 2350+ Note: Only for education purpose, No BUY/SELL recommendation
You can clearly see that nifty is making a range between this two lines so trade accordingly.
PVRINOX VALUE BUY SL BELOW 1230 TGT 1430-1470-1540-1610-1700 1. RSI on monthly chart near 40 support 2. Price formed double bottom last week on weekly chart 3. Harmonic Bullish BAT pattern completed and next patter under formation 4. Major confirmation area to gain momentum is 1431 levels above which momentum will increase Good Risk reward as pattern /...
Based on the current market situation and technical analysis, the strategy for gold trend next week can be as follows: 1. Short strategy Since gold has been strong recently and closed above $2414 on Friday, it may rebound to the $2420-2430 range after the opening next week. You can try to short in this range: Opening range: $2420-2430 Stop loss position: set near...
Sun Pharmaceutical Industries Ltd. is an interesting chart with following FUNDAMENTALS Company is almost debt free. Company has delivered good profit growth of 26.4% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 56.0% Technical 1. RSI on weekly and monthly time frame above 60 2. Price Taking Support at 20 Week SMA 3. ABCD...
Bit risky trade but can enter with small quantity for desired result
Action Construction Equipment Ltd. is an interesting chart with following FUNDAMENTALS: Company is almost debt free. Company is expected to give good quarter Company has delivered good profit growth of 24.9% CAGR over last 5 years Debtor days have improved from 45.9 to 28.6 days. caution: Promoter holding has decreased over last 3 years: -3.29% TECHNICALS....
Eurcad has been rejected from yearly level. And also broken down the 15 mins head and shoulders pattern. Weekly chart is also in downward direction. I have mentioned target and stoploss
Ircon International Ltd. is an interesting chart with following 1. RSI on all time frames (DWM) above 60 2. Stock Strongly outperforming Benchmark index and sectoral index 3. Both SRS and ARS above zero 4. Close within 52 Week High Zone 5. Stock making higher highs for last 3 consecutive trading days 6. Higher Trader and Delivery quantity this week 7. ABCD...
#SWSOLAR trading above Resistance of 753 Next Resistance is at 1176 Support is at 492 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
Certainly! Here’s a concise explanation: 1. Price Breakout: The stock achieved a significant breakout on the weekly chart, surpassing previous resistance levels, indicating a strong bullish trend. 2. Volume Confirmation: This breakout was accompanied by a substantial increase in trading volumes, affirming the strength and sustainability of the upward movement.
1. Price Breakout: The stock's price closed above its established resistance level, signaling a breakout. This indicates that the stock has moved past a significant price barrier where it previously faced selling pressure. 2. Volume Confirmation: The breakout was accompanied by a significantly higher trading volume compared to the stock's average daily volume....
EXPECTING BINANCE:BTCUSDT will reach $84500 My pivotal level are showing up move in WEEKLY charts good sign to take LONG positions BTC My another algoritham at bottom shows UP MOVE
sab dalte hain to mai bhi dal rha hun, ye bas mere khali dimag ki upaj hai please is per trade na karain, ye mere apne knowledge ke liye hai
If sustains on 694 on or within 17th July 2024 ( weekly ) then 📈 📈 to 1313 within or on 7th Oct 2024 Any weekly closing above that white Arc could be bullish to above targets Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.