VRLLOGTwo things are happening in the stock, the first is the rounding bottom pattern and the second one has taken the rejection from the trendline and VRLLOG:- has gone back to the upside, as soon as the breakout is given, you can make some plans.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
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Ajay.
keep learning and keep earning.
Priceaction
#NIFTY Intraday Support and Resistance Levels - 22/05/2023Nifty will be FLAT opening in today's session. After opening nifty start trading above 18220 level and then possible upside rally up to 18350 in today's session. in case nifty trades below 18180 level then the downside target can go up to the 18050 level.
#NIFTY Intraday Support and Resistance Levels - 19/05/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 18200 level and then possible upside rally up to 18330 in today's session. in case nifty trades below 18160 level then the downside target can go up to the 18050 level.
Rising Wedge pattern reversal in COFORGE.COFORGE LTD
Key highlights: 💡
✅On 1Day Time Frame Stock Showing Reversal of Rising Wedge Pattern.
✅ It can give movement upto the Reversal final target of below 4100-.
✅There have chances of breakdown of Support level too.
✅ After breakdown of Support level this stock can gives strong downside rally upto below 3505-.
[INTRADAY] #BANKNIFTY PE & CE Levels(18/05/2023) Today will be gap up opening in BANKNIFTY . After opening if banknifty sustain above 43550 level then possible upside rally of 400-500 points upto 44950 Level. And this rally can extend for another 400 points if it gives breakout of 44050 level. Any Major downside only expected in case banknifty starts trading below 43450 level. also possible Downside 43950 level.
#NIFTY Intraday Support and Resistance Levels - 17/05/2023Nifty will be FLAT opening in today's session. After opening nifty Start trading below 18290 level and then possible downside rally up to 18250 in today's session. in case nifty trades above 18290 level then the upside target can go up to the 18410 level.
Breakout Of Inverted Head & Shoulder Pattern In Chambal FertiCHAMBAL FERTILISER
Key highlights: 💡⚡️
✅On 1D Time Frame Stock Showing Breakout of Inverted head and shoulder pattern.
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 335+.
✅Can Go short in this stock by placing a stop loss below 278-.
Pennant Pattern Breakout of Aarti Industries LtdAarti Industries Ltd
Key highlights: 💡⚡
✅On 30 Minutes Time Frame Stock Showing Breakout of Pennant Pattern .
✅ Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 528+.
✅Can Go short in this stock by placing a stop loss below 505-.
Ascending triangle pattern breakout in Jubliant Foodwork LtdJubilant Foodwork Ltd
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Ascending triangle Pattern .
✅ Strong Bullsih Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 495+.
✅Can Go short in this stock by placing a stop loss above 470-.
#NIFTY Intraday Support and Resistance Levels - 16/05/2023Nifty will be gap up opening in today's session. After opening nifty sustain above 18410 level and then possible upside rally up to 18520 in today's session. in case nifty trades below 18390 level then the downside target can go up to the 18280 level.
#NIFTY Intraday Support and Resistance Levels - 15/05/2023Nifty will be Flat opening in today's session. After opening nifty start tradingg above 18330 level and then possible upside rally up to 18450 in today's session. in case nifty trades below 18300 level then the downside target can go up to the 18200 level.
[INTRADAY] #BANKNIFTY PE & CE Levels(15/05/2023) Today will be Flat opening in BANKNIFTY . After opening if banknifty Start trading above 43550 level then possible upside rally of 400-500 points upto 43950 Level. And this rally can extend for another 400 points if it gives breakout of 44050 level. Any Major downside only expected in case banknifty starts trading below 43450 level.
Trade Analysis : Intraday USDJPY BUYTrade Analysis : Intraday USDJPY BUY
Channel analysis on USDJPY
Trend Identification: Intraday Uptrend in USDJPY.
Support/Resistance Levels: Identify key levels on the chart for potential entry and exit points.
Price Behavior: Bullish with market structure.
Targets: T1 = 135.500, T2 - 137.750.
Risk Management: Set appropriate stop-loss levels to manage risk and protect against adverse price movements.
Confirmation Indicators: Support/Resistance Levels, Higher High, Higher Lows.
Conclusion: Based on the chart analysis of , a potential trading opportunity has been identified. Combine this analysis with thorough research and risk management strategies to make well-informed trading decisions. Happy trading!
(Note: Trading is subject to market risk. This is analysis not an trade idea for trade.)