Donear - After Two times rejection at around 120, the stock has given breakout. One can enter at current price and some around 122 for Targets of 140/178 Strict Stop loss of Rs-100 Disclaimer : Educational Content. Do your own research.
Today an important support of 423 has been broken with a strong momentum having RSI below 40. The price could test the next support level of 414 and if broken then we go for 400. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
1. Buying strength is weak. 2. Continuos red candle on daily. 3. No proper base formation. 4. Moves are completely choppy. 5. A big move is possible once the prices break through with volume on either side of the marked blue lines. - Stay tuned for further insights, updates and trade safely! - If you liked the analysis, don't forget to leave a comment and boost...
Looks like breakout above the trendline and price breakout. Maintain strict stoploss below the weekly candle low.
Expecting nifty to retest towards 23200......WILL DECIDE NEXT WEEK MOVEMENT AFTER SEEING THE PRICE ACTION @ 23200
Simple horizontal line breakout with volume. take trade with stop loss of 450rs.
Round Bottom Breakout Setup RSI above and rising Trading above EMA50 Volume increasing Multi year breakout Testing ATH Enter after confirmation Disc: for study, not a recommendation
NSE:NIFTY Maximum Call writing near CMP is at 24000 strike with 88.34 Lakh followed by 45.66 Lakh at 23500 Strike and 39.48 Lakh at 23600 strike and Put writing of 84.35 Lakh at 23000 Strike followed by 56.58 Lakh at 23500 Strike and 34.00 Lakh at 23300 strike. Index is closed near 23570 level. Index has resistance near 23650 - 23700 range and if index...
NSE:BANKNIFTY Maximum Call writing near CMP is at 52000 strike with 21.30 Lakh followed by 20.26 Lakh at 53000 Strike and 14.61 Lakh at 51500 strike and Put writing of 29.25 Lakh at 50000 Strike followed by 25.65 Lakh at 51000 Strike and 19.83 Lakh at 51500 strike. Index is closed near 51785 level. Index has resistance near 51900 - 52000 range and if index...
NSE:CNXFINANCE Maximum Call writing near CMP is at 23500 strike with 6.01 Lakh followed by 5.83 Lakh at 23000 Strike and 5.83 Lakh at 23200 strike and Put writing of 7.83 Lakh at 22500 Strike followed by 6.60 Lakh at 22700 Strike and 6.43 Lakh at 23000 strike. Index is closed near 23035 level. Index has resistance near 23200 – 23300 range and if index crosses...
Silver is currently supported by the trend line formed since February 27th (denoted by the red upper trend line), while simultaneously facing resistance at the upper boundary of the channel that has been forming since September 2022 (represented by the green color channel). although the head and shoulders pattern (denoted by red circle) remains intact following...
NSE:NIFTY_MID_SELECT Maximum Call writing near CMP is at 12500 strike with 15.10 Lakh followed by 13.17 Lakh at 12100 Strike and 7.97 Lakh at 12400 strike and Put writing of 14.44 Lakh at 12000 Strike followed by 13.59 Lakh at 12100 Strike and 9.98 Lakh at 11800 strike. Index is closed near 12140 level. Index has resistance near 12150 - 12200 level and if...
Apollo Tyres | Multipattern Breakout This stock gives breakout of 1) Inverted head and shoulder formation 2) Ascending triangle formation
India Cements This stock shows good breakout from channel pattern and ascending triangle pattern breakout
TVSSCS | Ascending Triangle Breakout Hope this stock goes high after very long time and gives good returns
Long consolidation on WTF Bollinger band getting squeeze. RSI running between 40-60 for long time. Entry on candle closing above Bollinger Band.
Elin Electronics Ltd 1) Time Frame - Weekly. 2) The Stock has been Consolidating since (February, 2023). Now It has given a Consolidation breakout & Closed with good volume & good bullish momentum candle in weekly Time Frame. 3) The stock may reach it's previous Life Time High (245 - 17.50% from the price 208.32). 4) Recommendation - Strong Buy.
all the details has been on the chart. Learn on the go.