Price is falling towards the support level which is a pullback support and also aligns perfectly with the 61.8% Fibonacci retracement. I believe a rejection from this level could lead the price to rise towards the resistance level @1.28621
HDFCLIFE gave a small base BO on daily time frame and now today we can observe a 21/50 EMA cross as well. Another thing in support of this scrip is that its RS score in 750 stock universe has been rising week over week for the past 4 weeks. Data is as follows : 23rd Feb - 10 1st Mar - 14 7th Mar - 26 15th Mar - 33 Only con here that i can think of is that there...
Wait and enter in given support areas in small trenches
Confirmation:- 1] Market structure shift 2] Imbalance area 3] M pattern target complete Target confirmation:- 1st target - imbalance area 2nd target - equal lows liquidity with imbalance
Sula Vineyards Limited is India's largest wine producer and seller. The company also distributes wines under a bouquet of popular brands including "RASA," "Dindori", "The source," "Satori", "Madera" & "Dia" with its flagship brand "Sula" being the "category creator" of wine in India CMP 540 as per price action it has touched the earlier BO levels and holding the...
Trend & key notes are mentioned in the chart itself. Kindly have a glance
when market break out or down then trade after bullback entry no trade in no trading zone
Price at support level possible to move upside in 1Day time frame it also on support level Stop loss will below last support area low which is marked in area This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not...
BANKNIFTY on make or break level closing below support level may trigger short again Support level - 46450 Short Target - 45710
bank nifty is travelling inside a channel. 46300 to 46500 is a strong support level as marked on the chart. if this level is broken, bank nifty may go downside to the next support level marked on the chart. or, if it takes support to this level, it may go up to the next upper level marked on the chart Disclaimer: All information provided here is for...
Looks like Nifty is making a double-bottom pattern. if it completes the pattern and crosses above 22250, it may go higher. If it breaks the support of 21850, it may go to the downside. Disclaimer: All information provided here is for educational purposes and not a recommendation, advice, research report, or stock tip of any nature. Analysis Posted here is just...
Cream Finance (CREAM) in a Nutshell What it is: Cream Finance is a decentralized lending protocol, meaning it allows users to borrow and lend cryptocurrencies without a middleman. It operates on several blockchains including Ethereum and Binance Smart Chain. Token (CREAM): The CREAM token is used for governance (voting on protocol changes) and can be staked to...
Jio Financial has finally given the much awaited IPO breakout with a beautiful cup & handle pattern accompanied by strong volumes. With a strong business and parent company backing it up and also the fall of Paytm, this stock can be a great investment opportunity.
HDFC bank - 15 min Analysis buy only above 1460 - candle closing basis ( 15 min) Target 1480- 1499- 1520- 1550-1590-1650-1690+ SL below 1440 candle closing basis time frame 1-2 week holding
EURUSD remains pressured around 1.0890 early Monday, after posting the first weekly loss in four. In doing so, the Euro pair grinds near the 1.0880-75 support confluence comprising the 100-SMA and a five-week-old rising trend line amid the initial hours of the week comprising the key Federal Open Market Committee (FOMC) monetary policy meeting. It’s worth noting...
This is the analysis of SOMICONVEY in Weekly Time Frame. Watch carefully. The chart explains itself. The stock managed to break the long term resistance with increasing volume. It can retest the breakout level. If it will sustain above the breakout level, it is good for the stock. Generally Multiyear Breakout is a bullish signal for stocks. There are some...
This is the analysis of CIGNITITEC in Weekly Time Frame. Watch carefully. The chart explains itself. The stock managed to break the long term resistance with increasing volume. It can retest the breakout level. If it will sustain above the breakout level, it is good for the stock. Generally Multiyear Breakout is a bullish signal for stocks. There are some...
Axis bank looking very attractive at this price range, recently it beached trend line but that must be a fake breakdown. One of the fundamentally strong stock just Buy On Dip 📉 We may see Targets of 1300 in upcoming months 🔥