stock : astramicro trade : long (cash segment) buy @ 705 above sl @ 639 t1 @ 775 t2 @ 850 note : this information is for education only
the stock broke out from base on base pattern and this breakout came after fallow-up bullish candle noticed last week with increased volume week on week shows the strength in the stock.
After the good support in my past 2 predictions. I am again becoming bearish for a quarter time period or so if BN breaks this current rising wedge bearish pattern. It can fall further down to 42150 in a gradual way (could be gapdowns or fall in a day). Before the election it can give good healthy correction thats what i believe in. Please only follow this if you...
According to rising wedge bearish pattern. Nifty weak if not able to cross the upper trend line. Also up side momentum will be very slow for time being. Below i have stated upper levels with the help of fibo extension But if somehow it breaks the lower trend line. There will be fast moves after breaking the major support which is 22000. Bollinger band middle...
Date 12.05.2024 Bank nifty (day chart) After warning of shooting star at life high from where bank nifty slipped around 2600+ points, now bank nifty has retraced to support confluence zone of support & resistance band + ascending triangle base. The risk reward ratio for longs from here quite good, no target specific but can manage position & trail stop loss if...
1. Double Bullish Confirmation: Ascending Triangle and Inverted Head & Shoulders Breakouts Signal Potential Bull Run. 2.Clean Break out which is far away from Ascending Triangle's wedge Shows Breakout Strength 3.Strong Volume Accompanied the Breakout, Highlighting Bullish Momentum 4.This analysis is for educational purposes only and should not be considered...
Daily swing of astral. targets and stoploss as per chart.
Cams ascending triangle bullish pattern best buy level available from cmp 2800-2825 for tp of 3325-3350 with stop of 2750 on daily closing basis disclaimer : for educational and learning purpose
There is no guarantee in stock market and Nothing over week STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OR SELL RECOMMENDATIONS) United Spirits Ltd. Target: RS 1265 CMP: RS 1202.40 ENTRY RANGE: 1190-1215 STOP LOSS: RS 1190 Disclaimer: I am not Sebi Registered.
On weekly Charts there is clear underperformance compared to S&P 500 Relative Strength trendline is broken and lower low formed There is RSI divergence and formation of flag like raising channel Indicators hinting to weakness and thus channel break on downside shall bring meaningful correction Daily Charts MACD shifted to negative there are multiple support zones...
#Banknifty:13th May Step1: S1 zone 47200-46978. Enter long. Step2: R1 Zone 47484 exit long...enter short for 15th series. Step3: S2-46681 swing low possible. Very good level for positional long.
BTC is forming a bearish structure, which is not yet completed. It could trigger a massive sell f if the structure fails with a global clue. the market is awaiting the bad news with curiosity.
Trendline is about to breach and expecting a worst-case scenario here. Most probably ETH is going to fail the structure this time as it's showing the weakness.
Well heres my GOLD idea for next week , We surely see less retrace coming into next week The way this week candle closed , I expect next week to be less of a retracements , however we can see some bearish move Monday and Tuesday / wednesday .....
Keep an eye on GODREJCP. It has build up very good volumes despite the chaos in the market last week. Let's see how it goes. I will buy this after BO, with some retracement. I dont recommend others to trade on my views. DYOR.
Watchout for the levels. After BO, It is expected to raise 8% around. I will trade this once I see good volume, retracement after the BO.
KANSAINER has formed a good support. It may have decent move after BO. Look out for volumes, retracement. This post does nt recommend others to buy KANSAINER.
A nice BO with some reversal might give us decent 5 to 8% gain. This is not recommendation. I dont recommend others to take trades on my posts.