I feel market is bit stretched now. Time for one corrective move. I might be wrong too but the pattern suggest that. Follow this post for regular updates. Views can be changed time to time. But for long run, it has to correct. For more details also check my past analysis about fall.
NSE:APOLLOTYRE broke out of falling trendline resistance yesterday and re-tested today. Expecting some good moves here for July expiry. Seems like it will not take much to break above the base for a double bottom breakout 520+ level. It should have closed in green today but it did not so may take some time as well before the big breakout.
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days and...
According to the degree and nature of separation in bands the price is in the compression zone. Also a Darvas Box is formed in this zone. Wait for the breakout or breakdown of the box. Currently there is no trend in the price. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
✅The stock has been in a downward-sloping channel since October 2022, forming lower highs and lower lows. Recently, the price has broken above the upper boundary of this channel, indicating a potential reversal in trend. ✅There is an increase in volume, especially during the breakout above the upper boundary of the channel. This indicates strong buying interest...
CMP 5464...buy near 5416 tomorrow target 6878Rs Next average at 4100Rs so if counter reach at 4100 then invest same amount again. FII and DII increased holding in this counter at june 2024 Its reach at life high and ready for breakout now. Last quarter result also good for this counter
Symbol - BANKNIFTY CMP - 51720 BANKNIFTY is following a rising channel & headed towards its higher end. Currently It is trading 51600 - 51750 & trying to break it on upside. According to my analysis, BANKNIFTY will face strong resistance around round level 51500 - 52000 which is also upper end of the rising channel. In case it breaks it on upside, A breakout...
I'm not a SEBI registered analyst, Views are personal, not any buy or sell recommendations. Today I discovered JKPAPER, which has experienced a breakout in the Weekly chart. Additionally, I noticed that it is currently in its 5th wave, which is an impulse wave. Considering the wave structure and the strong performance of consumption-based stocks , I predict a...
Symbol - BTCUSD CMP 60700 Bitcoin is testing the previous major liquidity area which is around 59300 - 61000. Earlier it was consolidating around 65K levels & was trading in a range. Now it is witnessing a huge profit booking and declining sharply towards the liquidity area. A retracement towards 62000 - 62500 is likely. In any case, If it is breaking 59000...
Currently the price is in a downtrend with normal strength. Today we have a red candle with a declining RSI levels. The price could test the levels of 122. For tomorrow the tentative range could be 130 to 120.50 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Supporting Bull Market Govt support to electrification Good Trend to reach 3000 for All time high
ITC is forming reverse poll & flag pattern. Whichever side it breaks will generate good momentum. In most of the cases it's upside but you never know if that triangle breaks down side, it can give good selling pressure there too.
Observation based on past 4 examples. Clear upside visible if it breaks this trend. Target4-5 is achievable in a month period if it takes positive direction. But keep booking it ones they hit my targets. Or trail it with previous levels (start with SL1) And ones it cross & sustains 3500 levels. There wont be any limits. If market itself takes negative direction....
Wipro is pending for the move. Slanted inverted head & shoulder pattern there which is my fvrt pattern. Above 520 it will blast and give good upside move. Waiting for the breakout. 475 to 520 will be quick.
Hello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Bitcoin 30-minute chart. There is a Nasdaq indicator announcement at 11pm tonight. If you look at the purple finger at the bottom, This was...
At weekly resistance High volume activity Bullish sentiment Possible breakout
26 JUN 2024 WORLD MARKETS 1. World markets are looking neutral to bearish. INDIA VIX AND GIFT NIFTY 1. India VIX is below 15 indicating bullishness. 2. GIFT NIFTY is indicating a flat opening with 40 points dip @ 23680. INDEX HEAVY WEIGHTS 1. HDFC Bank is looking bullish. However it may consolidate post 2.3 % up move. 1690 is a good support. 2. ICICI Bank is also...