With Increasing size of Candles, And Rising Volume. Gold seems to be prepared for 2550 2600 zone. 2565 to be precise.
PNB after breaking out of a Monthly resistance Trendline has been moving in a Parallel Channel from 30 January 24. It gave a false breakout and reversed from there. The next support would be the monthly trend line or the Bottom Trendline. Iam already invested and would be adding some more quantity @ around 120-122.
Disclaimer: This Analysis is not to be taken for trading or investment decisions. Stock has rallied for last year without any break, it has touched previous life time high levels of year 2019. It has touched the upper band of Regression trend when plotted from beginning
It has been moving very well inside the parallel channel since past 14 yrs. After consolidating past 4 yrs, it is now preparing to create new ATH
XTZUSDT Flat pattern breakout after 1.32. Till then if you can see it’s shifting in next channels. It has lot of potential but only after 1.32-1.35 breakout it can lead the intensive bullrun.
MTARTech is one of the leading stock from defence sector. However, stock is underperforming and is currently in a channel consolidation. Recent news of arms exports to Russia has triggered a rally in defence stocks like Datapatterns, BEL, BDL, etc. Mtar is bouncing from lower end of channel and we can expect big rally in this stock too. A good stock for investment...
Siemens breakout done.and give 12% target within days🥰🥰.See older chart of Siemens before breakout.kindly support
The stock has seen exponential rise since last many months without any intermittent major corrections. The fresh trend lines created have been breached now, and stock seems to have entered into sloping / sideways channel since Feb. Expect to see corrections upto 1300-1250 or upto the trend line which will be healthy for accumulation & gather momentum for future uptrend.
NIFTY50 Update (1W TF) - 6th May, 2024 - Trading inside the channel as of now - The Support Zones are marked out - A weekly candle will give us clarity on which side the Nifty may head to - This should help choosing our Swing Trades as well If you are in FOMO: - Then ensure to choose stocks that are at Weekly support levels only - Do not jump into falling knives...
Pidilite long-term analysis.wait for one HR candle breakout with good volume ,then can go for Swing or positional
Pidilite long-term idea.wait for 1 hr candle breakout with volume.swing or positional
Naukri triangle pattern breakout and now forming a parallel channel.Wait for breakout
Declining volume indicated that sellers are loosing interest and stock is very close to its 11 years breakout a big rally can come in the stock soon
Price did not have trending movement on Friday. And still price is weak. So what will be the next move? We have two patterns. Pattern : Triangle, channel. Range : Medium. Trend strength : Normal. Buy Above : 22080. Stop Loss : 22040. Targets : 22120, 22160, 22200 and 22240. Sell below : 21980. Stop Loss : 22020. Targets : 21940, 21920 and 21880. Hit the like...
Banknifty has been trading in a rising parallel channel which is a bearish pattern. The support trend line has been tested 4 times and it is testing it again, closing around it. Even the weekly 20 Ema is around the closing of the candle. If there is a break down on the weekly candle after 2-3 days of consolidation or halt, there is a high chances of bearish...
#Nifty spot cash -Positional call 12.05.2024 Stock trading at lower channel support at 21950 levels.. if helds good Looks good above 22165 Stoploss 22050 Target 22260/22440 cmp 22055.20
NSE:RELIANCE Wave 2 retraced 30% of Wave 1 Wave C achieved Equality to A Mostly Wave 2 Bottom in Place. Wave 3 Rally shall commence.
Price is moving inside a channel and now it is in between the upper and lower trend line. 1120 is the trend deciding level. Buy above 1126 with the stop loss of 1120 for the targets 1132, 1140 and 1148. Sell below 1115 with the stop loss of 1121 for the targets 1109, 1102 and 1092. Hit the like button to Rock !! Show some energy !! Note : This is my pre market...