Priceactionanalysis
PRSMJOHNSNPRSMJOHNSN:- The stock is going to give a breakout after 5 years. It has also given a breakout. Keep an eye on the stock.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
HEAD AND SHOULDER PATTERN BREAOUT IN NMDCStock gave Breakout of Head and Shoulders Price action pattern and retested the breakout zone and also break the previous high and showing some bullishness.
Entry - 168 to 169
Target 1 - 179
Target 2 - 197
This is not a buy or sell call, analysis is shared for educational purpose.
IFCIIFCI:- Reverse pattern has been created on the monthly chart, you can also call it cup and handle pattern.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
Bank of India Simple Analysis BullishBSE:BANKINDIA After a big downtrend price has been able to break the trendline and create a "U" shaped recovery, and also broke Lower High, this indicates that the price has changed its temporary downtrend and shall go up.
Expecting a Long-Term Target of 216 for now.
Gold price hangs near two-week low ahead of US CPIThe gold price has recently dropped below the psychological $2,000 mark, indicating a bearish trend after breaking the 61.8% Fibonacci retracement level of the November-December rally at $2,012-2,010. Daily chart oscillators are losing positive momentum, supporting the possibility of further declines. The next potential support level is the 50-day Simple Moving Average (SMA) around $1,965-1,963, followed by the crucial 200-day SMA near $1,951-1,950. A decisive break below the 200-day SMA could extend the recent pullback from the all-time high.
On the positive side, the $2,010-2,012 support now acts as an immediate hurdle, with resistance at $2,030 and the $2,040 supply zone. If a golden cross occurs, with the 50-day SMA rising above the 200-day SMA, it could favor bullish traders. In this scenario, a climb to the $2,071-2,072 region and a potential reclaim of the $2,100 level may follow.
EMAMIREALEMAMIREAL:- Stock has hit resistance multiple times. Wait for the breakout.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
BAJAJHINDBAJAJHIND :- A bit risky stock, has given breakout after 9 years
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
5PAISA - SWING TRADE - 27th November #stocks5PAISA (1D TF)
Swing Trade Analysis given on 27th November, 2023 (Monday)
Pattern: RECTANGLE BOX BREAKOUT
- Resistance Breakout - Done ✓
- Volume Spike - Done ✓
- Retracement + Consolidation - In Progress
#stocks #swingtrade #chartanalysis #priceaction #traderyte #5paisa
FCL - SWING TRADE - 27th November #stocksFCL (1W TF) - FINEOTEX CHEMICAL
Trade Analysis given on 27th November, 2023 (Monday)
Pattern: ASCENDING TRIANGLE BREAKOUT
- Resistance Breakout - Done ✓
- Volume Spike - Done ✓
- Retracement + Consolidation - In Progress
#stocks #swingtrade #priceaction #traderyte #fcl
ENIL🔴 ENIL
Previously also it came near the level of 96 and then it took reversal and created a range then breakout the range and a good movement came now also it came near level 96 and created a good bullish chart pattern DOUBLE BOTTOM and now it is near the breakout level
IF SUSTAINS AND TRADES ABOVE THE LEVEL 230 THEN WE CAN EXPECT 282,366,444,511
CONDITIONS IT SHOULD FOLLOW:-
TRADE AND SUSTAIN ABOVE THE LEVEL 230
MONTHLY TIMEFRAME BASIS ANALYSIS
RESEARCH AND TRADE NOT RESPONSIBLE FOR ANY PROFIT AND LOSS NSE:ENIL
ASHOKAASHOKA :- Is going to give breakout, that too with good volume
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
DOLLAR INDEX --BEARISH?As Per daily Price Action Dollar Index Broke Lower Side Range 105 level and Sustain Below and Also Price Cross below 50 Ema And RSI Also Cross Below 40 Which Is not Good Sign For Index . We Can See Further Down move In Dollar Index.
Wait For Decent bounce In 1 hour Time Frame It Could Be Good Lower Side positional trade ..
Stop loss :- Above 106 Level
Target:- 104.193
Please consult your financial advisor before investing
All research is for educational purposes only.
KREBSBIOKREBSBIO:- The stock has been falling for 2 years, a triangle pattern has been formed, if we get an upside breakout then we may see good movement.
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.