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Priceaction

Great volume breakout in Balaji AminesBalaji Amines almost gave a long pending breakout today. High level of volume seen today, adding to confidence for its breakout soon. The stock can be considered for buy above today's close, 2208, with an SL of the trendline shown or simply 2295. First target will be 2600 where resistance can be seen. Disclaimer: I'm not a registered analyst. I'm only sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do your due diligence before making a trade.
NSE:BALAMINES
by anuragcoma15
BITCOIN PRICE PREDICTION ( WILL TOUCH $50000 )* Bitcoin's current price: $43,350 * Weekly gain for holders: 15.25% * Recent bear market toughness below the 200-week Moving Average * Optimism: 50-week Moving Average expected to cross above the 200-week in a "golden cross" soon * Monthly gain for Bitcoin holders: 23% * Weekly gain: 15% * Projections: Targeting $50,000 by the third week of December * Analysis notes the addition of $30 million in Bitcoin spot bids Confidence in further price appreciation indicated * Regardless of a potential dip to $42,000, the analyst believes Bitcoin is on track to reach $50,000.
Long
by tradewith_ritik
IT stock to watch before reversalIdea is shared as Long term reversal pick only for educational purposes. Stock name:-Mphasis Market cap around 40000 crore Buy in range of 1950-2050 Technically IHNS Breakout above 2500. SL below 1650 WCB Targets 3500, 4000++ Diving into some fundamental ratios at CMP:- PE ratio-25 (Near 5 yr median PE and industry PE) ROCE-28.9% ROE-21% Debt/Equity-0.2|| Debt/Earnings-0.96 Div yield above 2% Promoter holding above 55% with no holding pledged. One noteworthy observation is DII have increased stake from 17.78% to 22.55 % in last 1 year.
NSE:MPHASISLong
by chartistamey
Q&A_ MRPL, how did it move so violently and next move from here?Namaste! I want you to pay attention towards 3 arrows. 1. Black arrow: This candle had an increased selling volume (resistance), which was broken by 3rd weekly candle followed by 2 weekly candles of consolidation. 2. Blue arrow: This is the candle where bulls entered with approx double the volume and were able to close above the high of blue candle. 3. The rally continues. 4. Orange arrow: 1st time, sellers were powerful enough to push the prices, up to the low of any high breaking green candle. . Q: What could happen from here. A: Profit booking will come as well as it has started from current prices. Look, the stock can not just go up and up. It is pending for profit booking, then it may consolidate for some weeks. Then another bullish momentum is expected. Q: What should current position holders do? A: a. You can book the profits right now, b. or you can trail your SL below low of high breaking daily green candle (keep trailing for future candles as well). If following my decision you make profit, nobody cares, but if you followed my idea and sold, then stock moved another 100%, you will blame me. Reality is nobody can predict the top. Disclaimer: You're solely responsible for any decision taken in the markets, resulting in financial gains or losses. The analysis I've shared is for informational and educational purposes only.
NSE:MRPLLong
by UnknownUnicorn7637383
Positional_ UltratechNamaste! 1. Ultratech looks good for a positional/swing trade. 2. Entry price and Stop Loss is marked on the chart. If the stock open gap up, then limit order at the entry price will be placed. 3. This trading idea is only valid till next 4 trading sessions. If entry doesn't execute till then, it will be cancelled. 4. Target can either be booked at 3 times reward, or can be trailed at a low break of high breaking green candle. And be ready for a gap down in Nifty on next trading session (as SPX closed in red more than 2% last day). Disclaimer: The views expressed in this article is of my own. You're solely responsible for any decision taken in the markets, resulting in financial gains or losses. The analysis I've shared is for informational and educational purposes only.
NSE:ULTRACEMCOLong
by UnknownUnicorn7637383
Positional_ BajajfinsvNamaste! 1. Bajajfinsv looks good for a positional/swing trade. 2. Entry price and Stop Loss is marked on the chart. 3. This trading idea is only valid till next 4 trading sessions. If entry doesn't execute till then, it will be cancelled. 4. Target can either be booked at 3 times reward, or can be trailed at a low break of high breaking green candle. And be ready for a gap down in Nifty on next trading session (as SPX closed in red more than 2% last day). Disclaimer: The views expressed in this article is of my own. You're solely responsible for any decision taken in the markets, resulting in financial gains or losses. The analysis I've shared is for informational and educational purposes only.
NSE:BAJAJFINSVLong
by UnknownUnicorn7637383