Here is a good longterm multibagger in the making. Worth keeping it in your longterm WL. Provided the resistance and support levels for your reference.
Rationale : Price respecting long term trend line RSI broken above trend line. Trade Setup : Entry : Arround 490 Target 1 : 520 Target 2 : 560 SL : 470 (trail as per the targets)
Bank Nifty had a long rally, so if the market opens neutral to slightly gap-down, then structurally, it could also take a maximum 23 to 38% correction. After that, if it finds support around 38%, we can expect minor consolidation for the rally continuation. The alternative scenario differs a bit from Nifty. Bank Nifty has extended more compared to Nifty, so...
Yesterday, Bank Nifty continued the rally. Both structures have the same extension variation, so there are no changes in the market sentiment. Today, GiftNifty is indicating a slightly negative start. If it opens like this, let's look at what might happen in Bank Nifty. >Structurally, it's a bullish market and both have an extension. According to the extension,...
Nifty Prediction for Tomorrow: Trend : BULLISH Sentiment : Positive Expectation : Sideways to Strong BULLISH Look for Buy/Sell at Demand and Supply zone for profitable trades. Demand and Supply Zones - When price breaks the zone, Demand zone will become Resistance and Supply zone will become Support. Refer the chart for detailed Intraday Support and...
Arvind Fashion - Like other Textile stocks, is making move in anticipation of PLI scheme. the stock started making moves. One can enter at current price i.e. 545, however safe entry would be above 561 with stop loss of 435 on weekly closing basis. Pro tip : Keep booking profits after it hits first and 2nd target. Disclaimer :Educational content. Please do...
Seimens Seimens india looking bullish in multiple time frame As u can see price has taken rejection From lower and form a double bottom kind of pattern I had already went long in this trade fresh enter above 7650 (intraday) how ever if u are lookiNG For a swing u can enter at market price on the longer time frame stock had made a flag and pole kind of...
Breakout Stock: Infosys 7 week consolidation Followed by a breakout, Retest done Ready to break out. Target: 1720+
KOPRAN is in a VCP pattern and expecting a big move soon. Hold it for another 15-20% I have marked the targets as per my study. This is for educational purpose. NOTE: I'm not a SEBI REG. Study charts before investing.
As of June 27, 2024, the price of gold (XAU/USD) is trading at about $2,299, showing a bearish trend. This recent decline in gold prices can be attributed to factors such as increased USD buying and the anticipation of future rate cuts by the Federal Reserve. Despite this bearish momentum, key support levels remain at $2,300 and $2,287, while resistance is noted...
Info edge. It looks like it will finish the rounding bottom. Targets are big. Please follow the analysis. will update time to time also. Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can...
RIL is seen breaking from Weekly Consolidation. Sustaining above 3000 will open space of higher Targets of 3300 followed by 3600. Weekly Flag Pattern observed. LTP - 3028 Target - 3600+ SL - 2880 Timeframe - 6-8 Months Happy Investing
NSE:NIFTY Maximum Call writing near CMP is at 24000 strike with 108.41 Lakh followed by 46.75 Lakh at 23700 Strike and 45.49 Lakh at 23600 strike and Put writing of 90.57 Lakh at 23500 Strike followed by 75.57 Lakh at 23600 Strike and 71.61 Lakh at 23400 strike. Index is closed near 23720 level. Index has resistance near 23800 level and if index crosses and...
Using monthly chart to show the long term break out Today Broken 24 years high (40.38) with rising volumes. Past week it has made strong foundation near it 2018 high of 38.35 Sequential Targets : 46/57/64/77/84 SL: 38 (Will trail with targets)
If the market supports and bullish momentum comes back then Affle can break all time high and this time it will not reverse from there I think 1500,1560,1600 and in next 3-6 months 1800 can be seen. Accumulation zone.
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
✅ The stock has consolidated for 5 months before breaking out, signaling the end of the consolidation phase and the potential for a strong upward move. ✅ The breakout has occurred above a key resistance level around 3020-3040, which was tested multiple times. The ascending trendline and the horizontal support level converge, providing strong support around the...
Please consult your financial advisor before investing.This is only for learning purpose of chart. We are NISM certified EQ and MCX trader but not SEBI register investment advisor. You can connect me on INSTA for further query at _prem_.23