Above 305 it can blast and give very good move. It will be 10 years long breakout then. Target will be double after it. But it should also retest or may be cup & handle pattern.
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
NLCINDIA Breaks 120 days resistance at 255 with Volume.
SUNDRMFAST (Daily) CMP - 1390 1 Year range resistance breakout with volume
#Bitcoin Update on 02.07.2024 A.O.A and Good Morning to All Brothers and Sisters! According to My Last Analysis Yesterday Bitcoin was Not Successful to Break Our Blue Black Area and Rejected from Our Second Resistance(Arrow#1). Now Price is Going Down To Our First Resistance that is Now Support(ARROW#2). If Bounce Back From there Then We Can See Another Jump...
IDFC First Bank is testing it's 50% levels from recent swing high.
Hello everyone, i hope you all will be doing good in your trading and your life as well, i have brought a large cap IT sector stock which has given Triangle Pattern breakout, and price is still sustaining above the breakout area, in yesterday's session we have seen neckline breakout, and today's price has come to retest the breakout.. A high probability trade is...
With interest rates expected to fall in US, biggest beneficiary will be Indian IT industry due to revived IT spending. Infosys is my top pick with tgt of Rs 1900 in next 12 months.
Orient Paper Mill is a paper and paper crafts manufacturer in Amlai, India. It has been associated with paper manufacture in Africa with market cap of 1279 cr. We recently see a strong breakout on weekly as well as daily time frame. 59.80 level is important on closing basis for range breakout confirmation. CMP : 59.80 SL : 54 T1 : 68 T2 : 72 T3 : 78 Note :...
For swing trade Only. High Chances of breakout on upside it can reach 2660 levels. Stoploss Could be below 2000 as mentioned in chart.
2018 Breakout 2021 : Made high of 746.80 but closed below 2018 high 01st July 2024 : Broken above 2021 high / closing above 2018 high. RSI > 70 Weekly/Monthly time frame Broken above the channel on daily time frame Sequential targets : 800 / 890 / 1000 / 1130 SL : 741
MOIL is showing possibility above 496; if it crosses the region of 556–567, it might yield a substantial return. I saw that it was creating a higher, higher bottom. It might touch 525, 550, 575, and so on over 496. This is solely for educational purposes. Please speak with your advisor before making any financial decisions.
QUESS CORP (1M TF) - Swing Trade Analysis given on 2nd July, 2024 Pattern: 24 MONTH BREAKOUT - Volume Buildup at Monthly Resistance - Done ✓ - Continuous Pullback from Monthly Support Trendline - Done ✓ - Demand Zone Retest & Consolidation - In Progress Please Note: - Partial entry to be taken and then build into the position as it goes in your favour - Use a...
As we can see BANKNIFTY despite being in structure managed to close strong though we expected it to maintain a sideways to negative market which shows the immense strength. But in a bigger picture it can be seen forming more like rising wedge pattern which is a strong bearish structure hence as long as the structure is not broken above, every rise can be sold.
Genus Power Infrastructures Ltd: Cup & Handle Pattern 68 % upside potential Low volume activity in handle. Levels mentioned on chart & given targets seems achievable. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading(:)
Hi All, This idea is about Godrej Agrovet Ltd Fundamentals Mkt Cap - 15600 Cr Sales - 9561 Cr Mktcap/Sales - 1.63 PE - 43 ROE - 15% ROCE - 13.6% Promoter Holding Increased Technicals On the weekly chart, golden crossover is observed where 50 SMA is crossing over 200 SMA which is a positive sign. Price action has broken the resistance zone marked convincingly...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...