Pound against Japanese Yen pair, has a bearish outlook from technical view this month, no exceptional of the downtrend this week too, it has strong resistance of 152.250 or 152.500 zone, this area pushes the price down further in the coming week 151.750 area..and a down wedge pattern also support this bearish scenario..
Looks like a bearish outcome in the period o Sep 6-10, 1.19000 area expected show a strong resistance against the bulls in the coming week
Aarti industries long idea on the close of 1hr candle above cpr with tight sl
Long idea on Gujarat Gas in an attempt to enter before breakout with a strict SL. Safer entry can be on the high break of candle which closes above CPR on 1H Time-frame
1) Buy above black line 2) Red dotted line represents target price 3) Green dotted can act as resistance/support (resistance if price goes down below it, and support if price goes above it) 4) Green line represents past resistance become present support
Important support & Resistance levels marked for Bank Nifty. Kindly use these levels only as Entry & Exit when market trades near these levels and is taking support or facing resistance. Today's High and R1 will be the major focus for tomorrow. R1 is also the high of 1st Sep. Any resistance from these levels could generate short opportunity or in case of gap-up...
Important support & Resistance levels marked for Nifty . Kindly use these levels only as Entry & Exit when market trades near these levels and is taking support or facing resistance. Trade with the trend only. Don't go against trend. Remember, "Trend is your friend, until it bends".
After a long fall in metals , they are recovering fast! Tatasteel has 2.80 percent gap made when it faced a big gap down. This gap can be exploited and easy profits can be made as the gap will surely be filled. T1 is the main target in the trade and other targets can only be chased if the stock gives closing above T1 .
Target:- 2128 Stoploss:- 1841 Stock has already touch the support line, take support and going upward. This is clear indication of short term bull run. So we can take long position there.
Important support & Resistance levels marked for Bank Nifty . Kindly use these levels only as Entry & Exit when market trades near these levels and is taking support or facing resistance. Trade with the trend only. Don't go against trend. Remember, "Trend is your friend, until it bends".
Sales have increased by 264.57% in current quarter and company has posted a profit from loss last year. Hitting a new 52 week high after consolidating for a few weeks.
Camarila R4 breakout Channel breakout Target 🎯 1224
This scrip had broke the wege pattern as well as Monthly CPR resistance with good volume. This scrip is in a nice uptrend for a year and may continue its momentum. Swing traders may consider this scrip and may hold it for weeks, i do expect a first target of Rs.10000
This scrip had recently broke the channel pattern and it had also took a retest in resistance. As this scrip in a rangebound trend for past 6 years and has many Swing Highs which may act as resistance, so have a predetermined SL and Traget. Swing traders may consider this scrip and may have their SL below the monthly CPR resistance and may exit the trade if there...
IRCTC seesms reversal candle And touced the support channel line We can cover some gain Channel breakout ... can go long R 4 Breakout already happened
Based on the below analysis seems to be upmove Camarila R4 breakout Channel breakout Moving average above 20 50 100 Volume up
NSE:WELSPUNIND Market already take support on the support line itself and showing green candle which is clear indication of taking a position of long. Profit target will be 169 to 170 rupees and stop loss order you can put on 119 rupees.
There is a major demand zone in "ENTRY GREEN" and a perfect fibo retracement at that position which gives the high probability of bull run along the time :)