Head and shoulder like pattern has been triggered. Watch for backtest of the dotted green line to initiate short position. Target calculation marked in the graph. Stop loss is daily close above the HS neckline. Disclaimer: Educational idea only
Opinion 10% upside (Rs.5955) in 2 weeks and then next target is Rs.8650 in 1.5 to 2 years CMP - Rs. 5232.10 Short Term Entry Buy when green candle closes above 5255. Long Term Entry Buy when green candle (G1) closes above 5828 and next candle closes above G1 candle Setup Fail If Price falls below 5125 then setup fails and strategy to be revised ...
# Opinion 10% upside with 3 Target (2771,2810 and 3220) in next 3 to 6 months # CMP - Rs. 2507 (30/04/2024) # Entry Signal 2497 is good support tested many times in hourly and daily timeframe so buy near that level # Setup Fail If Price falls below 2425 then setup fails and strategy to be revised # Fundament Study All time high REVENUE, PROFIT Debt to Equity...
LUPIN Near resistance, Keep an eye Bearish Till below 1667 Bullish only if sustains above 1667
Nifty Bearish till trading below 22616 may move towards 22400 Keep an eye
Judging from the daily chart of gold, the price fell to around 2291 at the beginning of last week and then rebounded, but fell back to a maximum of around 2352 on Friday. This week continued last Friday's weakness, with a sharp drop of $50 on Tuesday, directly breaking the support near 2291 last week, setting a low since April 5. The daily level of gold showed an...
DJI At support zones break of it would make it move towards 36185 zones
- inverted head and shoulder in monthly chart - 9991 is the 8 year strong support level. existing shareholder can consider accumulation at this level - 15605 is the depth of the cup shape recovery level. this analysis is for learning purpose only. It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
Daily chart I detect a range zone. We are below the average price of my algo. Make up your mind.
Stock has given breakout from its strong resistance level which it was facing from 2017. Good to add in portfolio at 560-570 levels considering market sentiments. Keep on radar.
Daily analysis Pay attention to the breakout of the triangle, the indicator indicates that the stock is a little overvalued. Make up your mind.
In particular, Bitcoin has successfully surpassed the $60,000 mark, which had served as significant psychological and technical support during the 2024 bull market. Nevertheless, the ascending trendline was broken and started to decrease due to the 20-day and 50-day EMA's dyynamic push from upside. This deterioration has heightened the pessimism in the market. The...
- price interact with KV - waiting OB, Liquidity when price to go to KV - price close to on KV => No action. PRICE UNDER 62k (KV important) => Short
NSE:HCLTECH Weekly and Daily TF analysis Wave 4 correction looks getting over Wave 5 Rally shall resume
Canara Bank set for 5/1 stock split on15th May and seems like the stock is preparing for some move.
IndusInd bank share has taken a strong support at 1440 price levels and surpassed the first resistance level of Rs 1500. A rise in buyers and volume level suggests that the share may reach its short-term goal of Rs 1575 in less than a week. The next target, if it breaks those levels, is Rs 1690.
Digvijay cement has given a beautiful cup and handle pattern breakout. Recently, sock has also retested the breakout and formed huge bullish marubozu candle in weekly time frame. Stock is looking very strong for a big bull run ahead. Stock has good fundamentals as well and can be held for long term as well. It is a good stock for multibagger investment as cement...
Good idea to buy this stock as risk reward is excellent