Stock has rallied good in the recent month and started making zigzag zone and at the same time struggled to make a higher high indicating signs of weakness , the rising wedge and a rounding bottom within it supplementing the weakness bias . Momentum indicators signalling diversion and not much market participation ( possible signs of distribution...
#Sunpharma cash -Positional call 18.03.2024 Looks good above 1580.10 Stoploss 1540 Target 1610/1640 Cmp 1570
Another choppy day, Nifty open lower and traded range bound thought the session. Nifty has formed green body small candle with upper and lower shadow. Nifty took support near 21900 for the fourth consecutive time. Further levels for nifty will be 22115 will work as resistance level and 22831 will work as support level. Today’s Advance Decline ratio of...
- Symbol: Shoppers Stop - Pattern: Near breakout of Cup & Handle pattern - Volume: High volume accompanying the potential breakout - RSI: RSI indicating readiness for a breakout - Momentum: Strong momentum, potential for decent returns
- Symbol: Reliance Infra - Trend: Trend support and resistance breakout - Volume: Breakout accompanied by high volume - RSI Breakout: RSI breakout indicating strong momentum
Bitcoin again retest the support of 65000. Because it the good support and the longs are some what rekt for some times
- Symbol: Jindal Poly Films - Reversal: Strong reversal from support zone - Volume: High volume during reversal - RSI Momentum: RSI showing positive momentum - Potential Move: Next immediate resistance is 33% away, suggesting a potential move of 25-30% from current levels
Darvas Box breakout setup RSI near 65 and rising Trading above EMA50 Volume spurt Disc: for study, not a recommendation
We can expect huge down move since internal liquidity acquired in bottom swings. if markets movers push it high doesn't make any sense , we can see M pattern following failing push up after multiple BOS ( Break of structure ) . #Ndx100. Let see market moves down as per analysis. Comment down your opinion following.
Linde India : Channel breakout done Looks great for long
#HEUBACH reversing from short support line after a good fall, price stayed at support line and last green strong close shows good reversal and may go up in next few sessions. good for quick swing trade Entry - CMP Target - Previous resistance Stoploss - below support line
Nifty respects levels for every timeframe according to Fibonacci Series. 0.0, .38, .62, 1.00 For 18-03-24 GO “SHORT” New Development : Bearish Flag is forming and it’s Breakdown will Below 21900 tgt – 21300 sl- 22065 22260 as stoploss for already short position. For New position : for Upside : Buy Nifty above 22056 Stoploss 21990 it may...
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#JSWSteel DTF price touched support and reversing to bullish move. price forming HH, HL from Jun'22 (WTF) now it took support from long support line and closed with good green candle with ok volume. good for swing trade Entry - CMP Target - Previous resistance Stoploss - below support line
Hello Everyone. I have provided nifty trades and targets above. The market was in a tight range today. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE trades after support zone is broken. Let the market settle in...
Looks bullish, above MAs. watch volume. I like the breakout momentum so far and its still $9 gain potential. I took calls
*But Mahindra and Mahindra Equity stock only you get closing candle about the trend line *Keep Stop Loss 6% *Target Up to 25%
As we discussed in our analysis market closed sideways today. I am expecting market to be sideways for tomorrow. all important levels have been marked at the chart. Support: 46343, 46000 Resistance: 46690, 46900 Verdict: Sideways Plan of action: Sell 46300 PE and Sell 46700 CE (Hedge it with 20/- premium )