pullback is expected to emmplete soon in NIOThis is an elliott wave analysis.
A reasonable pullback had occurred.
we can start accumulate from here.
we can average further if it goes around $8 - $9.
With low risk and high reward.
i'm not a semi registered advisor.
I'm sharing my personal view.
Kindly post me comments if you people have any queries.
Your doubt will be cleared accordingly.
#elliottwave #NYSE , #sharemarket , #Nasdaq , # technical analysis
Pullback
HEMIPROP is Building Up!HEMIPROP is Building Up!
Hemisphere Prop India Ltd. is accumulating after a period of weakness. This is a good time to enter the stock for a positional trade or momentum investment. The stock is expected to move higher in the coming months, with targets of 125 and 140.
Here are the trade details:
Stock: Hemisphere Prop India Ltd.
Category: Small Cap
Type: Positional Trade or Momentum Investment
Duration: More than 60 days
Entry Level: Between 100 and 105
Stop Loss: Initial 96 (Trail accordingly)
Target-1: 125
Target-2: 140
Here are the chart details:
The stock has created a base (support zone) at the 100 level.
The stock is trading in an accumulating zone, which is a good sign for a long-term investment.
The Relative Strength (RS) and RSI indicators are positive and showing strength.
The stock is bouncing from the 200 DMA level and turning from a downtrend to an uptrend.
I'm bullish on Hemisphere Prop India Ltd. and believe that it has the potential to reach new highs in the coming months. If you're looking for a small-cap stock with growth potential, Hemisphere Prop India Ltd. is a good option to consider.
Here are some additional things to keep in mind:
The stock is volatile, so be prepared for some price fluctuations.
The earnings could be a catalyst for the stock to move higher.
Keep an eye on the overall market conditions and adjust your position accordingly.
IONEXCHANG has ready to move againTrade Details
- Name of The Stock: IONEXCHANG
- Type of Trade: Momentum Investment or Positional Trade
- Duration: More than 60 days
- Entry Level: 500.00
- Stop Loss: Initial 420.00 (Trail accordingly)
- Target: above 700.00
Chart it self explanatory.
Key Points:
- Up trending stock
- Trading near 52 W high zone
- Has corrected from high level
- Trading on support
- Pullback Trade
SBCL trading on buying zone, pullback soonTrade Details
- Name of The Stock: NSE:SBCL
- Type of Trade: Momentum Investment or Positional Trade
- Duration: More than 60 days
- Entry Level: 645.00
- Stop Loss: Initial 560.00 (Trail accordingly)
- Target: above 820.00
Chart it self explanatory.
Key Points:
- Up trending stock
- Trading near 52 W high zone
- Has corrected from high level
- Trading on support
- Pullback may come soon
Exide: Buy opportunity | Short Term | 01-08-2023Please Refer the Chart of Entry, Target and SL.
Please do follow Position Sizing and Risk Reward Ratio while planning any trades.
Note: This information is for education purpose only and please do your own research and consult your financial advisor prior to taking any action.
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Creditaccess consolidating in a range, near 870 grt risk rewardCreditaccess consolidating in a range since Apr'22 and whenever this range will break it will just fire up. Now there are 2 options in front of us
1) Wait for retracement to 870-880 zone which will give great risk reward. Just place alert and wait for trigger
2) Wait for open above 1090 and then enter.
3) There is another option, enter near 945 with 33% plan qty and add more near 870-880 zone. If price retraces from 945 zone then can add more above 1090 zone.
SL in all cases will be closing below 850
After breakout consolidation is very healthy sign but this stock can take time to give decent returns.
Always respect risk, reward will be taken care by Market forces.
Enjoy
pullback move nifty after a rally from the low 16800 tends to close above 17800 which is indicating the nifty may move to levels of 18000 and above. but yesterday's profit booking made the market halt for consolidation which may be profit booking and the move in either direction. The nearest support is near the 17500 levels
#Nifty #fallingwedge on hourly chartsNifty on hourly timeframe is showing a falling wedge formation with double bottom placed at the bottom of the falling wedge channel and also a very important support placed around 16800-16850 support zone band.
20 DEMA is placed around 17400 currently and as that acts a magnet, it can't be ruled out that price is going to a move around that.
This zone is also currently coinciding with the around 50 to 61.8% pullback zone of fall from 17800 to 16830 levels.
Price is also showing a consolidation in around 250 to 280 points range and a breakout above it would also suggest hourly double bottom range breakout, the range targets are also coinciding with similar target zone as visible from the above two observations.
So, possibility of 17350+ can't be ruled out in short term in Nifty and further assessment of price action can be done from there on.
Happy Trading :)
TRILTRIL
High volume spike indication of uptrend if 66 breaks
200 EMA support on Daily Basis and Indication of uptrend - EMA strategy
This chart is only for educational purpose do your own research before taking any trade
NIFTY TOMORROW PREDICTION....#Nifty analysis.. nifty are follow price action and tomorrow nifty need to touch 18011 zone then we should wait for pull back then we can go for CALL(CE) First target 18080,18131,18234.. if the market break 18000 zone then we can go for PE(PUT) FIrst target 17957,17922,17891...
Pullback trade in PNB HOUSINGNSE:PNBHOUSING
This counter has given a pullback after a breakout from an ascending triangle / vcp pattern.
Pullback was on low volumes, and now it has bounced so far from the breakout level.
A long trade looks good here with an SL below the breakout candle low and a target of 545 as per the price pattern giving a R:R of 1:1.6.
Keep track!