Chart of - Pi industries Price action and SMA 100 are confluence and generating a buy signal on weekly chart. Leave us a comment or like to keep our content for free and alive. Have a great day everyone! Disclaimer: All charts are purely for educational and information purpose only. I am not a SEBI registered Investment advisor. Please Trade and invest based...
The chart shows a channel pattern since 2020 and now the pattern shows a multiple rejection at the top resistance zone . And now small correction in the price . And now the inside of the pattern shows a falling of price and it touches a near the Minor resistance zone . wait for the breakout If it breaks the minor resistance it will go up to the major Resistance...
ioc consolidating below 200 DMA if it given closing below red trend line find for exit watch for fresh position once find bottom
upl is in up trend supporting trend line running above 200 and 50 moving average in (15m candle) more up side seems from this point if takes support here around 711
running ar a discounted price taking reversal from 200 DMA short term channel breakout with big green candle IT stocks are going to be in focus
itc taking support over 200 DMA triple bottom good stock to have in portfolio
Entry / Tgt / SL is drawn in the charts The red zone is the supply zone of big institutions and the green zone is the demand zone.
Yesterday, Nifty opened gap-down and close at 16243.55, took a support at zone of 16210-16126. RSI is showing Momentum, it may form Double Bottom pattern. One can enter at the breakout of the 16400-16450 levels Levels of16550 are expected.
Britannia has made a strong bullish candle right at the support. Can initiate long position with days low as stop loss. As seen in the charts, previous resistance has been acting as a support.
Need to cautiously wait and watch for further price action. Any break down and break out from the pattern will lead to one way trend. It had already given fake break out and break down as shown in the chart. Patiently waiting is the key to trade in this stock.
Nifty after a good run since April 2021 started to contract. As evident by the trend line the price movement is getting narrower. The move can be played by the trend line support & resistance. As seen upper trend line has been tested twice & lower trend line has been tested 3 times. eventually on the fourth time the trend line as tested with lower high and the...
Timeframe: weekly UBL created an all-time high at 1785 and started declining to overcome the demand pressure. Bulls pushed prices extremely high, and bear found that convenient to sell. The stock has respected equilibrium in the parallel channel. At this glance, the price is at the lower band of the parallel channel. If the price breaks the parallel channel,...
Simple 14 year breakout from consolidation. Expect Super gains. Stop loss is deep and reward is much bigger.
Against morning Gap up a fall was seen in Nifty50.Thus indicating bearish move and overall bear market. as regarding russia vs ukraine war tensions drags market down. I eam expecting a bear move in tomorrow daily candle
On Daily Time Frame, There have few major highlights in NIFTY. - NIFTY gives breakdown and currently trading below 200 EMA level. - But currently trading near support level of parallel channel which is highlighted in chart. - Further downside in nifty possible only after breakdown of this support level. - Current trend of nifty is downtrend and this trend can...
buying idea for intraday buying idea for intraday
GPIL has formed a downtrend channel for the last six months . Price has created five no trading zones. No trading zone is an area where trading activities haven't taken place. It has formed two excess on the lower band and three rejections two rejections from the upper bend. The control line has made eight touches . Currently, the price is on the...
LIC Housing Finance Buy Signal This stock has formed Falling Wedge pattern with good intensity of volume . One can go Long when 346.80 level is broken and start accumulating quantities in systematic way. After it breaks the channel and retest the channel, invest your entire capital per stock that you have allotted as per your total capital.