LALPATH LABS 1hr analysisDR LAL PATHLABS is at a proper support level
and it appears to be bouncing from the support
entry above 3820 and the targets will be 3900
and 4050
Priceactiontrading
RAYMOND 1hr analysisraymond is at the support level, if it sustains
above the structure support level, there is a high
possibility of reaching higher levels,
we can enter above 440 nd the target will be the resistance level
BHARATFORG 1HR ANALYSISbharatforg has broken out of a triangle pattern
we can see higher levels if it sustains the breakout
785 will be the entry, and we can hold it till it reaches
820-830
MARUTI BreakoutMaruti has broken out from a Triangle pattern. Targets are marked in the chart. SL below the swing low on the daily chart.
LT 1hr analysisLT has given a breakout from a wedge pattern
and it has now come to retest the upper trendline
we might be able to see the higher levels if it
sustains above the upper trendline,
entry above 1750 nd we can hold it for 10%
USDJPY IdeaFirst Day of Analyzing USD. FOMC has pushed USD to the upside and and has now broken a daily resistance moving to the next daily resistance. This is my analysis where I will wait for break and retest to enter. Also sells should be more valid as we did move a lot to the upside and we should now correct the move a bit before continuing up.
GBPJPY IDEAGJ tried and failed at breaking a key weekly support area and has now rejected heavily off of the Weekly Support Zone and has gone bullish with a strong momentum moving almost approx. 200 pips in a day on Thursday. Today is a weekend and I would be cautious trading the pair. Though past data shows that momentum did continue the next day with reference to the July 22nd move earlier. We are also fast approaching a bearish tend line on the Daily. If we respect the Trendline then we can expect bearish correction due to the extreme impulsive up move or break the trendline and do a retest and continue moving upwards as we would then have a break of structure.
GODREJ PROPERTIES: BREAKOUT!!!!Godrej Properties gave a breakout of the Inverted Head and Shoulder pattern on the daily chart as predicted in my previous analysis. It is important to notice that the breakout came with a spike in volume.
Target 1: 250-260 points
Target 2: 370-390 points
On the lower side, the 1560-1620 level will act as a support for the price.
The previous analysis link is given below.
Ultratech cement Support over TLUltratech taking good support over Tl on daily chart. Looks strong for a reversal swing trade..
GBPJPY IDEAAfter a 175 Pip move yesterday into the daily resistance, we seem to have rejected right off of it and moving bullish. Though the overall trend still seems as bearish I would expect sells to be much faster than buys due to the overall trend on the higher timeframes. If trend is your friend and the way Bullish Momentum is being pretty slow, I would think that looking for sells below the Daily Resistance would be a excellent choice as post that you have clean candles to the left to replicate from and the overall HTF Trend then coming into picture in a better manner. For those who look for patterns on charts, we seem to have formed a Head and Shoulders Pattern and if that is any form of confluence then Sells are the way to go!
📈 Pre-open MTF #PriceAction Analysis by #KRMG (21 Sep)👉 Stock 2- #SBIN
👉 Sector - Bank
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has strongly fallen nearly from 468 level which was its ALL TIME HIGH as per hourly timeframe and now it is trading below to its important Support of 443 level
Yesterday on its way to downtrend it got strong rejections from PDL Level and continued the downtrend till day end
It has space till 430 on downside if it sustains below CZ, and may even reach near 425 level if convincingly closed below 435
🎯 Coming to sectoral pattern - #NiftyBank is trying to sustain its ALL TIME HIGH Level
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (21 Sep)👉 Stock 1 - #HINDUNILEVER
👉 Sector - FMCG
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has shown good strength in Upward direction from Opening Bell till the Day End on Monday as per Hourly timeframe and now trading near to its important Supply Zone
It has continued good Higher Low pattern as per 15- Min timeframe and also yesterday after strong opening it continued the Upmove and closed near days high (Buyers have maintained and protected their Orderflow areas)
Currently it has space till 2825 Level where it has important blockade of ALL TIME HIGH Leve and buy Trade can be taken only if breaks CZ with good volume
🎯 Coming to sectoral pattern - #FMCG is now trading to ALL TIME HIGH and on yesterday it has shown good strength in Upside
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NATURAL GAS intraday setupnatural gas forming head & shoulder pattern in 15min time frame
SELL@ 379
SL@382
TGT@360
( 3rs stoploss / 19rs target )
📈 Pre-open MTF #PriceAction Analysis by #KRMG (17 Sep)👉 Stock 2- #SBIN
👉 Sector - Bank
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - Currently it is in good Uptrend and now it is trading near to its ALL TIME HIGH Level as shown in Hourly timeframe
To continue the Uptrend it has to break the CRITICAL ZONE , and on Upside it didn't have any Obstacle but 500 Level which may be the another Target
🎯 Coming to sectoral pattern - #NiftyBank is currently in uptrend and now it is sustaining to its ALL TIME HIGH Level
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (17 Sep)👉 Stock 1- #JUBLFOOD
👉 Sector - FMCG
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has been strongly reversed to downside from 4200 Level which is its ALL TIME HIGH Level and now trading near to its important level 4000 which has its next barrier as Hourly Timeframe
Below the Critical Zone Sellers may continue dominating Buyers and it may continue the Downtrend for the initial targets of 4040 Levels (Avoid if volume spikes comes as it can then lay a trap - To be noted by our students)
🎯 Coming to sectoral pattern - #NiftyFmcg is now trading to ALL TIME HIGH and on yesterday it has given good Breakout to 40750 Level
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (15 Sep)👉 Stock 2 - #SUNTV
👉 Sector - MEDIA
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - Yesterday it has broken an important resistance of 508 Level and able to close above it now it has 535 as next barrier as per Hourly timeframe
After big Gap Up opening it has continued the Uptrend throughout the day and able to close at the Days High
Now it needs to close above the Critical Zone then it has 520-527 as upside targets (Breakout should be good and clean without volume spikes - else look for trading reversal)
🎯 Coming to sectoral pattern - #NiftyMedia is now in strong Uptrend and broken its important resistance 1925 Level convincingly
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📈 Pre-open MTF #PriceAction Analysis by #KRMG (15 Sep)👉 Stock 1- #HDFC
👉 Sector - FINSERV
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - After Strong Uptrend it has strongly fallen nearly from 2875 level as per hourly timeframe and now it is trading near to its important Support of 2800 level
Yesterday on its way to downtrend it got strong rejections from important zone of 2870 and continued the downtrend till day end
It has space till 2795 on downside if it sustains below CZ, and may even reach near 2775 level if convincingly closed below 2810
🎯 Coming to sectoral pattern - #NiftyFinserv after strong Uptrend and it made its ALL TIME HIGH, now it is trying to accumulate near to it
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Strong support Price failed to break the important support level on the daily chart and the price structure is clearly up, so buy taken on the retracement.
BEL - Swing - Intraday - 15 septBEL looks good for swing and intraday players above 204. Breakout of ATH long term resistance -- retest and continuation can be seen on the daily chart.
[Short Term]Cup & Handle Pattern in PFC (Target -162+)On a Daily Chart, PFC shows breakout above 130 of cup and handle pattern's neckline. After this breakout seen retracement upto the breakout level. Expected it will continue its uptrend upto 162+ in upcoming few trending session. Can go long in this trade above 130 for target of 140,150 and 162+ with stop loss @120.
📈 Pre-open MTF #PriceAction Analysis by #KRMG (14 Sep)👉 Stock 2 - #RELIANCE
👉 Sector -ENERGY
👨🏻🏫 Analysis Timeframes - Hourly and 15 min (Intra)
🎯 Commentary - It has shown good strength in Upward direction and after trading to its ALL TIME HIGH Level now it is getting rejection from Higher side
It has continued good Lower High pattern as per 15- Min timeframe and also yesterday after opening Sellers become dominant on the Buyers throughout the day
Now it has space till 2350 Level where it may start reversing to its original Uptrend
🎯 Coming to sectoral pattern - #NiftyENEGRY after giving strong Uptrend it is now trading to its ALL TIME HIGH Level
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