Breakout From Tight Consolidation Range With VolumesNSE:PPLPHARMA today broke from the Narrow Consolidation Phase. After the previous Breakout in the consolidation phase, letting the 50 EMA Catch up, There Was continuous accumulation, as you can see from the volume intensity in the range. Today, on the back of magnificent Q2 FY 24-25 results, The Stock has blasted to a new All-Time High.
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Although the Stock is Overvalued at 588 P/E. Investors Should do Stock SIP or Buy on DIPS and Traders Should Wait for a Retracement to 50 EMA or a Good Consolidation Going Forward.
NSE:PPLPHARMA is part of the Piramal group of companies. The company operates through 3 major segments.
1) Contract development and manufacturing organisations (CDMO)
2) Complex hospital generics (critical care)
3) Consumer Healthcare, Over-the-Counter (OTC)
NSE:PPLPHARMA entered the Pharma space in 1988 with the acquisition of Nicholas Laboratories and grew through a series of Mergers & Acquisitions and various organic initiatives. In 2010 the Domestic formulations business was sold to About $3.7 billion and Diagnostic Services were sold to Super Religare Laboratories (SRL).
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Priceactionanalysis
Flag and Pole Pattern with 20 WEMA SetupNSE:TORNTPHARM has made a Pole and Flag Pattern on a Weekly Timeframe with 20 WEMA on the lower edge of the flag.
If a Bullish flag pattern Breaks Out above 3600, the stock may move toward the pattern target after the breakout which is 4560. Keep a Stop Loss of 3250.
NSE:TORNTPHARM is a leading Indian Pharmaceutical Company engaged in the research, development, manufacturing and marketing of generic pharmaceutical formulations, and gave a good Q2 FY 24-25 Resluts Recently.
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XAUUSD | BTCUSD | PRICE ACTION ANALYSIS | FOREX | 30 OCT | HINDIThanks for watching today's Forex and crypto market analysis!
In this video, I break down the latest price action movements for major Forex pairs, Bitcoin (BTC), and Gold. I focus purely on price action to help identify key levels and potential trade opportunities. If you enjoyed the content, please like, subscribe, and hit the notification bell for daily updates on the markets.
BTC | XAUUSD | PRICE ACTION ANALYSIS | 28 OCT | HINDIThanks for watching today's Forex and crypto market analysis!
In this video, I break down the latest price action movements for major Forex pairs, Bitcoin (BTC), and Gold. I focus purely on price action to help identify key levels and potential trade opportunities. If you enjoyed the content, please like, subscribe, and hit the notification bell for daily updates on the markets.
IOC - 1D TFNSE:IOC is 1/2 stock which I missed to post on Oct -21. This stock has been trading near the support zone for last few weeks and has broken it and went down. This is a good R:R stock, as nifty also started descending this stock hit the take profit easily.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Tata Power Co - 1D TFNSE:TATAPOWER has been trading near a trend line for a long time as you can see the chart. As Nifty is also in a downtrend in a 1D TF, there is a possibility that this stock could go down. With a proper volume and confirmations this stock could be traded for a good R:R.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades NSE:TATAPOWER
GAIL 1D TFNSE:GAIL has been trading near the support zone for a long time and has now broken the support zone. As Nifty is in a downtrend in the 1D TF, so it is good to take short entries. But with good confirmation trade could be taken. I would wait for a retest or the new candle to brake the previous candle's low.
Disclaimer:- This analysis is only for educational purpose. Please always do your own analysis or consult with your financial advisor before taking any kind of trades
Flag and Pole Pattern in V-mart RetailNSE:VMART a Flag and Pole pattern is forming in V-mart Retail, it is in an Uptrend Currently and High Possibility that it will break the pattern and continue the upward trend.
If a Bullish flag pattern Breaks Out above 4500, the stock may move toward the pattern target after the breakout which is 5420. Keep a Stop Loss of 4050.
NSE:VMART is engaged in the business of Value Retailing through the chain of stores situated in various cities in India. It will Announce results in a few days of Q2
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BTC | XAUUSD | MAJOR PAIRS | FOREX | WEEKLY PA ANALYSIS |Thanks for watching today's Forex and crypto market analysis!
In this video, I break down the latest price action movements for major Forex pairs, Bitcoin (BTC), and Gold. I focus purely on price action to help identify key levels and potential trade opportunities. If you enjoyed the content, please like, subscribe, and hit the notification bell for daily updates on the markets.
CUB Looking Good With Heavy Volumes and Brokerage UpgradeNSE:CUB is Looking Good on Weekly Charts after Giving Great Q2 FY 24-25 Results and Heavy Volumes Last Week With Price Action.
In Addition, NSE:JMFINANCIL Upgraded NSE:CUB to Buy from Hold, with a Price Target of 185 Rs. on the back of Good Q2 Results.
Technically, we can see an Upside of 180/192/205 in the Short Term.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
BTC | GOLD | PRICE ACTION ANALYSIS | 24 OCT | HINDIThanks for watching today's Forex and crypto market analysis!
In this video, I break down the latest price action movements for major Forex pairs, Bitcoin (BTC), and Gold. I focus purely on price action to help identify key levels and potential trade opportunities. If you enjoyed the content, please like, subscribe, and hit the notification bell for daily updates on the markets.
HDFC BANK next move as per PriceActionOn Monday Earnings & Revenue report came out and it opens gap up above it's strong resistance level which is now good and strong support and now from last 3 sessions its trying to breach its other resistance zone of 1743.10 to 1748.15 in the last session it striked again to this zone but unable to break it and closes at 1736.20 s for the the upcoming sessions we've to watch the behaviour of price at resistance zone if it succesfully breach this zone then we've to go long till next zone of 1780-1788 and should place our SL below the zone of 1748.15-1743.10, wait for the price stablization and look for continuation candlestick pattern or after breaking of zone it's better to enter on pullback.
Falling Wedge Breakout With Good VolumesNSE:DEEPAKFERT today broke a Major Falling Wedge Pattern from a Crucial Previous Support Zone with a Good Amount of Volumes.
Trade Plan:
Entry: If it closes above Swing High or Retest the Support.
Stop Loss: Entry Candle Low.
No Trade: if goes Below 942 (Support Levels)
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BTC | GOLD | PRICE ACTION ANALYSIS | 24 OCT | HINDIThanks for watching today's Forex and crypto market analysis!
In this video, I break down the latest price action movements for major Forex pairs, Bitcoin (BTC), and Gold. I focus purely on price action to help identify key levels and potential trade opportunities. If you enjoyed the content, please like, subscribe, and hit the notification bell for daily updates on the markets.
Tight Range Breakout | MFSLFor Education Purpose only!!!!
**MFSL stock is already up by 3%, but it’s holding up well in this falling market. I'm charting this stock just for my own perspective and clarity, though I may not be 100% accurate.**
FIIs are playing their old trick:
1️⃣ Push prices down 📉
2️⃣ Buy cheap stocks 💰
3️⃣ Wait for rate cuts 📊
4️⃣ Profit big in the next bull run! 🚀
Retail investors, don’t fall for the fear!
✅Stay invested—smart money knows a bull run is coming!
News has circulated about the index predicting a target of 24,000 for Nifty and 50,500 for Bank Nifty. The price has already been quoted in the reports.
⭕️ Swing Trading opportunity: Price Action Analysis Alert !!!⭕️
💡FNO Stocks Trading📉📈📊
✅Check out my TradingView profile to see how we analyze charts and execute trades.
💡✍️Applied Tools:-
✅Strong Chart Pattern Breakout
✅Channel Pattern
✅Range Breakout
✅Resistance becomes support
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GOLD | XAUUSD Chart PatternGold has been in a good uptrend in every new session it makes new all time high so at this point i think we should wait for pullback and then enter to gain profit , 2716-2713 is the good support zone if price is rejected at this zone then we should go long , wait for candlestick pattern for better entry.
USOIL AT GOOD SUPPORT LEVELThis level of support is strong if we get any REVERSAL PATTERN here then we should go long till Resistance zone simply target is of last session high but if it breaks this level of support and closes below then we can see the low level of 69.100 or 68.700 , wait for the candlestick pattern formation to get good trade.
GRSE: Approaching Breakout from Consolidation with Bullish SetupThe stock has been in a strong upward trend, forming a peak on July 5, 2024, followed by a consolidation phase characterized by a lower low, lower high structure.
Key Observations:
A) Counter Trendline (Green Line):
I’ve drawn a counter-trend line representing the main setup to watch. A potential breakout from this line could signal a strong bullish continuation.
B) Hidden Parallel Channel (Pink Lines):
The stock was previously moving within a hidden parallel channel, with the upper pink line acting as resistance and the lower as support. The stock has now successfully broken above this hidden resistance.
C) Sideways Contraction Pattern (White Lines):
The stock is also in a sideways contraction, which I've marked with white lines, indicating a narrowing price range. This area is crucial for observing price action as the stock attempts to consolidate before its next move.
Current Status:
The stock is attempting to break above the green counter trendline (A), which serves as the primary setup for this trade.
It has already moved out of the hidden resistance (B) but is still trading below the white lines of the sideways contraction pattern (C), so it remains on the watchlist.
Volume remains moderate for now, but I’m waiting for a potential volume spike to confirm the breakout.
This is a key moment to watch for a potential entry if momentum and volume align
Weekly Market Review & Outlook: Technical Analysis of BTC, GoldA comprehensive review of the past week's market performance, followed by a detailed technical analysis and outlook for Bitcoin, Gold, and major currency pairs. This video uses multi-timeframe support, resistance, and trendline analysis to predict potential price movements for the upcoming week.