At weekly resistance High volume activity Bullish sentiment Possible breakout
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....
Good rounding bottom inverted H&S pattern in HCLTECH weekly timeframe. Above 1360 it will start giving good rally. Focus on this for next couple of months this can give good returns. News can trigger this move. And positive news already there today. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know...
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...
Is it the first sign of top formation in HAL. parallel channel upper edge is touched from the bottom. Monthly candle is also doji, follow through will be interesting to watch
Its a up flag breakout with huge volume.breakout is happened after a long consolidation .
jubilant food work The stock is now forming a good pattern to go up. 👉Trade line support, 👉50 day ema support, 👉double bottom above support line, 👉trade line breakout to upper side, 👉long term consolidation, 👉many positions hold by FII and DII. A very good stock for long term. 👉Tr 917/1100+ Just education purpose only 📈 📉 📈 ☝️
As we can see BANKNIFTY has formed more like flag-pole pattern which is also a bullish continuation pattern. Any closing above the structure could lead to another strong upmove in BANKNIFTY so plan your trades accordingly.
BANKNIFTY Intraday Trade Setup For 26 Jun 2024 Bullish-Above 52000 Invalid-Below 51890 T- 52550 Bearish-Below 51100 Invalid-Above 51210 T- 50570 BANKNIFTY jas closed on a flat note making it close inside 52k and 51100 range once again. Since last 3 sessions index has been trading inside this 900 points range. It opened with a gap down and 10 o'clock range was...
TATA Power has already achieved the adjusted target as per flag pattern, if we apply flag pattern as per book rules then 567 is the target which is yet to come. TATA POWER is travelling in the channel drawn, as per that if it crosses current LTH of 464 then it can reach to 480-490 and then again make a down move towards the bottom line of the channel which can be...
Price analysis & overview: 1. Price structure has shifted from bearish to bullish forming HH-HL. 2. Above 1900 momentum will be expected. 3. Buying strength is getting stronger. Trade Plan: ENTRY = 1st entry can be planned at cmp or around 1600 SL = 10-15% max TP = 40-70% - Confirmed entry will above 1900. - Since RRR is favorable a risk can be planned. - Stay...
After gold fell again in the early trading, it rose as expected. The current trend of gold is completely within our expectations, and we have also accurately grasped the turning point of the bulls. In the early trading, we have made a profit of 8 US dollars by going long near 2322. After gold bottomed out and rose, the high point came to 2332, but the energy of...
BANKNIFTY Intraday Trade Setup For 26 Jun 2024 Bullish-Above 52760 Invalid-Above 52650 T- 53250 Bearish-Below 52240 Invalid-Above 52350 T- 51680 BANKNIFTY has closed on a bold bullish note with 1.74% gain today. Market was trendy after 12 PM as momentum came after that. Buy triggered as per trade setup above 51800 and hit 1st target 52700 very smoothly....
Bank Nifty was trading in a small range for last few days and completed time wise correction. Bears failed to hold it below 50050(.786 fib level), so high chances of hitting 100% and goes up in extension to hit the channel top. As per daily time frame Super Trend and fib channel we have a great opportunity in long with small SL. Stop Loss below 50130...
GOLD SETUP TRADE WIH 1:7 RISK REWARD A good falling detected on GOLD It's showing a fall due to these reason 1. It's following THE 1D trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy bearish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram Follow for more GOLD SETUP TRADE...
DATE - 12th March 2024. HDFC Bank has breakout today with good amount of candle size and volume too. Applied Concepts Chart P. - Inverted H&S Positive Order Block from Daily Time Frame and Previous OB of Monthly TF as shown in chart. Only OB is not a good option so here we have applied FVG (Fair Value Gap) also, Price Action has successfully reversed...
- trading below S1 so the profit will be more - 19th feb formed inverted hammer and the following candle moving up side so it makes the trend reversal - volume also has increased this analysis is for learning purpose only. It is just a view, please trade at your own risk. I'm not SEBI registered adviser.
Good morning, friends! 🌺🍬 Here are the directions for June 26th: The global market is showing a slightly negative sentiment, based on the Dow Jones. Our local markets are showing bullish sentiment. However, today, the market may open with a neutral to slightly gap-down start, as indicated by GiftNifty, which shows a decrease of 10 points (as of 8:00 AM). Nifty...