Atul is attempting to break out of a long-term descending channel pattern. After showing a strong recovery from the lower trendline, the stock is now approaching the upper boundary of the channel around 8000 levels. A successful breakout above this level could lead to a significant uptrend with potential targets above 9000. The RSI is trending upward, currently...
The stock has shown a strong bounce from the 50 EMA level, which acted as support around 1300. It is now approaching the 1450 level a significant resistance zone. A breakout above this level could see the stock target 1700, which would represent an 18% upside. The volume has increased, indicating renewed interest, while the RSI is recovering from oversold...
#Nifty50 #Options OI Data Outlook: • With 25,900 CE and 26,000 CE showing substantial OI buildup, the upside is expected to face significant resistance around these levels. • On the downside, support is spread across 25,600 and 25,350, with 25,750 offering some minor support as well.
Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. 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...
MOIL is approaching a significant resistance level around 420 on the 4-hour chart. A successful breakout above this level could see the price moving towards the ₹460 zone. The RSI is trending higher, indicating increasing buying strength. Volume shows a gradual increase, signaling growing interest. Immediate support can be found around 390. Traders should watch...
EIH Ltd is forming a symmetrical triangle pattern on the hourly chart, with price action squeezing towards the apex. A breakout above 385 would signal a potential upward move, targeting the 410 zone. The RSI is trending upwards, indicating building bullish momentum. Watch for a volume spike to confirm the breakout, which could result in a swift move higher. Keep...
On Tuesday, BankNifty opened gap down, bounced to a high of 53,235.25, and fell to a low of 52,817.80 before closing at 52,922.60, losing 55 points from the previous close. It broke the 125m Demand zone (52,847.90 - 53,136.10) mentioned in the last post, but managed to close inside the zone. As highlighted earlier, if BankNifty breaks below 52,847 with volume and...
Gold - I am looking for Bullish Butterfly. Resistance = 2650, Supports 2642, 2636, 2631, 2619 and 2613.
Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. 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...
Indusind bank is showing strong bullish hints After next week rally will start Already made 4th wave correction Next implement will be trending by wave nature This is for only educational purposes. *Trade with your own risk to reward. *Consult you financial advisor before taking any trades.
On Tuesday, Nifty opened with a gap down, hitting a high of 25,907.60 before dropping to a low of 25,739.20. It ultimately closed nearly flat at 25,796.90, losing just 13 points from the previous close. The Weekly and Daily Trends (50 SMA) remain positive. The Demand and Supply zones for Nifty are unchanged from the last post. Demand/Support Zones: Near...
JK CEMENT, is perfect stock to short , so watch it till our level and short it, and after our level go long for our target, so lets see what happens in the stock
Greenply is in short term falling stock , so u can watch it for selling till the level 320 to 310, its best entry in the stock around 310 to 320 with strict stoploss of 299, for the target , watch it have patience and get proper reward
A double bottom is a bullish reversal pattern in technical analysis, often seen in financial markets. It resembles the letter “W” and indicates that the price of an asset has hit a significant support level twice and bounced back each time, suggesting a potential reversal from a downtrend to an uptrend12. Here’s a quick breakdown: Formation: The pattern forms...
Expecting eurusd up movement as price at 4hr demand area.. note the demand support may break down possibility 50/50 %
Hi guys currently this is a one wave analysis i will share more chart of idea if this is happen I am sharing a analysis of idea share which is current trading at 10rs levels, I am thinking this share will change their trend from 5-4 Rs where this share will complete its second wave as per my analysis we can sit in this share with the previous low which is of...
From June 2024 this stock price forms Traingle like structure and price is currently at the bottom. Also formed Morning star structure on 26 September and the price is trading the same range. We can place tight SL at 1503 and have target at 1600.
HAL Is rising stock, now its downtrend is over and now it is ready to move towords our target , in next few days it will achieve our target, so wait and watch it