breakout on monthly chartits monthly chart of Jindal stainless ltd. , breaking resistance with huge volume.
Resistence
IT'S TIME FOR IBREALESTATE TO MAKE A BREAK ON THE LONG SIDEIt's time for IBRealestate to make a break on the long side.
It has just come out of a cup and Handle Pattern and also a Bullish Flag Pattern. It has also made a couple of tries to break the Long Term Trend Line but the move did not last long.
There is also a strong resistance at 117.90. It has to break and close above this with strong volumes and a positive follow up candle to take a long position.
Targets T1- 144.70
T2- 179.50 with a SL OF 99.
I have entered at 114.20.
SBIN - Near Breakout - 439.65This is the setup of SBIN
Daily Resistance - 439.65
Weekly Support - 399.55
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if it break above 439.65 (Daily close above)
target will be - 479.75
Bombay dying & MFG : weekly time frameStock trying to break the major resistance with high volume , if it breaks the 100-101 resistance level we can wait for some lil bit or correction or can enter for short term gains , it will go up to the range of 150 & more . Simple price action .
Broke strong 96D resistance levelMITH/USDT broke a strong 96 days long resistance level, with appreciable buy volume. A move to the downside is unlikely at such a big break, but still possible. Stop-loss needed as always.
Bank Nifty Analysis 12 july 2021Hello everyone
As Per Hourly Price action 35200 area is resistance area and Support Area 34900.
On the Down side breakdown 34900 It may fall towards 34600 And 34500 area.
On the upper side Any Sustainable Move above 35200 we can see momentum towards 35400 and 35500 area.
Sail Descending Triangle On a Daily Time Frame, Sail is Forming a very beautiful Descending triangle pattern. Currently trading at the resistance of the trend line. Might see a fall for next few sessions and a good fall after the successful breakout. Keep a close watch.
Indusind Bank Trade Setup For Positional Trade (28th June)Indusind Bank Trade Setup for Monday.
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So on tomorrow indusind Bank share can give the correction till 1003.
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If it break 1003 support then 995 is a strong support.
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You can do a positional trade for the level of 1050 in this.
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What your view's comment below.
DogeUsd still sellUse my lines to trade.
lower time frame will tell if a line is about to break or not.
Vodafone Idea making a cup Pattern Wait and WatchVodafone Idea making a cup Pattern.
Vodafone Idea was moving in a Channel from June 2020 till April 21 and started making a Cup Pattern.
There is a strong resistance at 13.30-13.80 from where it reversed earlier. The next resistance is at 11.85.
So a decisive break and retest above 11.85 could provide an opportunity to go long for a target of 13.50. Put on watch list.
GOODYEAR CAN MAKE YOUR YEAR GOODLOOKS GOOD ABOVE RESISTANCE LEVEL FOR DECENT UPSIDE
IDEA IS FOR EDUCATIONAL PURPOSE
SRTRANSFIN NEAR BREAKOUT LEVEL.SRTRANSFIN is steadily making higher lows but is failing to close above around 1525 odd levels. The uptrend is intact and upward momentum is possible if it closes above the zone with good volumes. Keep an eye on this stock, may give a short term trade in the near term.
KIRI INDUSTRIES (BREAKING A HUGE RESISTANCE)AS PER MY ANALYSIS I HAVE FOUND THAT KIRI INDUSTRIES IS BREAKING A HUGE RESISTANCE IN 1 DAY TIME FRAME
THANKSS
NIFTY (SPOT) - XABCD Harmonic Pattern COMPLETED.NIFTY (SPOT) - XABCD Harmonic Pattern COMPLETED. 3 TIMES RESISTANCE.
MONTHLY MEGA RETURN OFFER !SBIN :- SBIN is slowly moving in an uptrend if we look at monthly candles. After so long it gave breakout from its monthly resistance line. It is now retesting the resistance line. If retest is successful and stock moves up , this will be best investment for long term , as this is monthly chart, also don't expect gains to be super quick, Consult your advisor or do proper research before entering this, It was just my educational opinion through the chart. Feel free to share your views/feedbacks, also let me know in the comments if it was helpful.
TIME FOR BIG MOVE ABOVE 35400-35500BANKNIFTY has been underperforming since last 3 months while NIFTY is making new highs ,now as there is a new buzz around PSU BANKS
Even though banknifty has been making a ascending wedge,banknifty is trying to break 35400 levels
while overall global markets are making higher highs, lets hope the FED data from US would give a run for BANKNIFTY to achieve.
Open to critics.
CNX METAL LONG.CNXMETAL has been in an uptrend, continuously forming higher lows. After the recent complex pullback, it seems rested and ready to move forward and challenge its highs and possibly make new ones. Certain stocks in this sector can be traded for a short term trade and I will post my analysis of them shortly.
