Symbol - IRCTC CMP - 900 IRCTC is currently trading at an interesting zone. After a good rally in the last year, This stock is following a trendline resistance making lower - lows price action & showing no strength of price growth. I am tracking this stock from quite some time. I will be interested in long positions on breakout of 940-950 resistance zone. I...
ARIHANTSUP: Bullish if ~8 month long consolidation range is broken on good volumes and sustains. The above information does not constitute investment/trading recommendation and it is purely for educational purpose.... INTRADAY Trading Strategy in 3 stages of breakouts: 1) Impulse upmove stage: The strong upmove (nearly upto 1.5% from trigger-price)...
NSE:RELIANCE **Date:** 30/09/2024 **Chart Pattern:** Triangle Breakout **Time Frame:** Daily Chart **Buy at CMP:** 3020, add more on dips until 3000 **Target:** 3340 (within 4 months) **Stop Loss Level:** Close below 2995 --- **Disclaimer:** This trade idea is for informational purposes only and does not constitute investment advice. Investing in financial...
After three weeks of gains, Bitcoin (BTCUSD) kicks off the NFP week on a down note. It’s testing the 50-SMA support and approaching the lower end of its seven-week uptrend. Along with the US employment report for September, including the key Nonfarm Payrolls (NFP), Monday's speech by Federal Reserve Chairman Jerome Powell will be crucial for market watchers. Stay...
Gold price is currently due for correction , Friday closing was bearish but still need more confirmation to see possible correction (Need one more day to close under PDL (2658 ) , On price action it is clear that price is currently forming head and shoulder pattern and to validated this pattern price need to breakdown at least 2650 level , In Higher side price...
NSE:TATASTEEL Round bottom breakout strategy Retest complete after round bottom breakout Weekly chart Big green candle formed at retest level Volume rising Stock is in uptrend Do as directed in the chart This is not the trading recommendation or advise 🚨 Do your analysis before taking any step 👍
This trading strategy focuses on scalping Nifty options based on institutional support and resistance zones and executing trades using order flow data. Here's a quick summary of the key points: 1️⃣ Zones to Focus on: 👉Green Zone: Represents institutional support. 👉Red Zone: Indicates institutional resistance. 👉Gap Between Zones: Typically ranges from 100-200...
Pattern trading is very tricky. Market has taken support at blue circle, which is bottom of weekly / monthly pattern. now price started to move up - using ladder of 4 h range.
it has form AB=CD harmonic pattern. it may retrace till 0.38%-0.50% of point CD. view negated above 26400
as we see this stock it has rallied 123% which is not a good sign as it has just shootup like a rocket expecting good profit booking / good retracement has to happen, Just a view not a Reco...
Gold price is currently due for correction , Friday closing was bearish but still need more confirmation to see possible correction (Need one more day to close under PDL (2658 ) , On price action it is clear that price is currently forming head and shoulder pattern and to validated this pattern price need to breakdown at least 2650 level , In Higher side price...
Good morning, friends! 🌞 Here are the market directions and levels for September 30th. Market Overview: The global market has a moderately bullish sentiment, and our local market reflects the same moderately bullish sentiment. Today, the market may open with a gap-down due to the SGX Nifty indicating a negative 80 points. In the previous session, both Nifty and...
NIfty consolidating at record peaks... chances are high to retrace back to gain strength and move upwards. Clear Bull Market in progress and everyone are waiting for Bear Market to come and its not coming :) 25500 above market can go to 26000 and 25300 below it can lead to 24800
Bank Nifty Current View: Bank Nifty reflects the same sentiment as Nifty. If the market finds support around the immediate support level (23%), we can expect a minimum bounce back of 38% to 61%. It looks like a range-bound market. If this occurs, the next movements will be determined by whether it breaks the previous high or the downside Fibonacci level of 23%....
Recommendation: On Daily Chart Basis On Bull side of Daily Chart Buy at / above: 26203.51 Targets: 26230.87 - 26271.37 - 26311.89 - 26352.45 Stoploss : 26163.06 On Bear side of Daily Chart Sell at / below: 26163.06 Targets: 26135.7 - 26095.29 - 26054.91 - 26014.56 Stoploss : 26203.51
Recommendation: On Daily Chart Basis On Bull side of Daily Chart Buy at / above: 53882.01 Targets: 53913.09 - 53971.14 - 54029.22 - 54087.33 Stoploss : 53824 On Bear side of Daily Chart Sell at / below: 53824 Targets: 53792.89 - 53734.91 - 53676.96 - 53619.04 Stoploss : 53882.01
Hi, NSE:PROV has given a Bullish Flag Breakout on Weekly charts with very good volume. MACD is also on the bullish side on Weekly time frames. RSI is also on the bullish side on daily, weekly and monthly time frames. In the current market scenario, I am expecting that the bullish momentum will continue. Complete price projection like entry, stop loss and...
Good morning everyone! 30th September 2024, Monday. The market can remain irrational longer than you can stay rational. Said this earlier, saying it again. So, do not try to predict the market. You will never be able to do it perfectly. And one doesn't need to predict the market to earn. In fact, those who do not predict often earn more. Remember one thing...