#PHOENIXLTD trading above Resistance of 2769 Next Resistance is at 3131 Support is at 2170 Here is previous chart: 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...
On Wednesday, during the first Asian trading session, the GBP/USD pair rose to 1.2450. Optimism from April's US PMI data and increased demand for risk assets have put the US Dollar under selling pressure, which in turn boosted the price of GBPUSD. Later in the day, US Durable Goods Orders and Weekly Mortgage Applications figures will be released. However, from a...
1:5 risk reward , bullish opportunity on usdcad Tp and sl is marked at the chart Hope this helps
The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below... SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) INTRADAY Trading...
IOB Has broken out of a Triangle Pattern. Risky traders can go for buy on end of day closing basis, safe traders may wait for retest and then buy. Target is 81.80 SL 59. RR is 1:2.5. This is not a recommendation, only my view.
As much i think, Nifty is forming Head and shoulder pattern and ready for big fall. Vix has gone down and reason of fall may be big events. I think we are going for big event in light mode. Disclaimer:-This is just a view and i am still learning. It is strictly not buying or selling advice
Please look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1%-2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purpose Please note that, if there are some big targets, those are drawn thinking...
Gap up opening into Nifty and bulls stretch their arms for another session and made days high which is 22476 level. Nifty was almost choppy(flat) during trading hours. Into last trading hours nifty made days low which is 22384 and gave closing near todays opening level. Nifty has formed small red body candle with upper and lower shadows. Double Moving Averages...
Indiamart is coming out of flag pattern breakout. Good upside should be done if sustains there. Today's volume is high too.
Lux Industry has just broken resistance and a flag pattern breakout. Note: This is not a recommendation.
22448 -- 22476 above sustains in any hourly candle 🕯 then 📈 📈 to 22561 -- 22598 22351 -- 22316 below Closing in hourly then 📉 📉 to 22229 -- 22159 22316 to 22476 ( No trade zone ) Disclaimer: Its a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
Trying to Breakout UCOBANK + Symmetrical Triangle Pattern + Above Key EMAs + Good prior Uptrend
As we can see NIFTY got rejected exactly from the median as analysed in our last post. We still expect NIFTY to remain sideways to negative below the median unless it breaks and sustains above hence we can expect a good upmove if breaks above as it can be seen forming more like an inverted head and shoulders pattern so plan your trades accordingly guys.
cup with handle formation found at weekly chart. if it sustains above pivot r1 (140) it may go up further this analysis is for learning purpose only. It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
Nifty Analysis - Stance Neutral ➡️ Recap from yesterday: "For tomorrow we wish to start the day with a neutral stance and look for bullish opportunities as soon as it reaches for the 22519 levels." Another flat day, but the options premiums were not behaving as usual. The blame may be on VIX as the premiums were dead low that even a small 50+ points move created a...
Hi Traders, A stock pick for tomorrow, 25.4.2024. Bajaj Hinusthan Sugar Ltd. The CMP is 33.95. It is forming Cup and Handle pattern on daily time frame. The volume of stock is continuously increasing. Buy at the range of 33-34 for the target of 40. Thanks
📈 Stock Name - Hindalco Industries Limited 🌐 Ichimoku Cloud Setup: 1️⃣ Today's close is above the Conversion Line. 2️⃣ Future Kumo is Turning Bullish. 3️⃣ Chikou span is slanting upwards. All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 638. 🚨Disclaimer: This is not a Buy or Sell...
DCB BANK Good Results, Good momentum in DCB Bank Due to good results. Follow for more.