REC LTD stage analysis weekly. Stage 1 breakout. weekly closing must be above 127 SL 118. Note : only for learning, trade at your own risk.
Travelling in symmetrical triangle, watchout for breakout or breakdown or else can short on resistance after bearish setup as per price action and can aim for support or vice versa.
Reliance travelling in a channel, getting rejecting from same zone multiple times. Watchout
Key Points: - Ascending Triangle - Resistance @ 234 & Support @220 - RSI crossing 63 - Tech showing buy signals - Price is above 20,50,200 EMA - Potential uptrend above 250 to 265 and next level 300 Bhav is Bhagwan - Find your Bhagwan Disclaimer : I am not a SEBI registered Analyst. Please do your own Analysis before taking any action. The above view is...
Few pointers from my analysis on CAPLIN POINT LABORATORIES: 1. The stock has consolidated in the Triangular pattern and currently near its major support. 2. The major support trendline is near 0.382 Fibonacci level, thus has done healthy retracemet. 3. The Horizontal support is broken on the downside, however on lower volumes. Conclusion: The current setup is...
Tracxn Tech limited is showing ascending triangle pattern and it already have faced resistance 3 time.. now we can expect bullish continuation trend after breakout.. this is my prediction and not buy or call recommendation
GBPUSD retreats from a one-month-old broad resistance area surrounding 1.2210-40 as the Cable traders brace for the UK data dump on Friday. The quote’s sustained trading beyond the convergence of the 50-SMA and 100-SMA, around 1.2070-65 at the latest, joins upbeat oscillators to keep the pair buyers hopeful of overcoming the key horizontal resistance zone....
Infosys Face Strong Hurdle Near ~ 50% Fibonacci Retracement Level, Sell Positional~ 1515, Stop ~ 1550, Target ~ 1425, Expected Target Jan Expiry.
HDFC Exact Retraced Their Resistance Zone ~ 2690, Sell With Stop ~ 2700, For Target ~ 2500 Short Term.
Gold buyers struggle with an 11-month-old horizontal resistance, despite crossing an upward-sloping resistance line stretched from early October 2022. The upside momentum also finds hindrances from the nearly overbought RSI line. However, a looming golden cross, a condition when 50-DMA pierces the 200-DMA from above, joins the metal’s sustained trading above the...
This analysis is in Daily timeframe Tomorrow if you see a Bullish breakout you can activate the swing, then you can activate your swing, after that bring your stop-loss to cost and continue your trade...
NSE:ATULAUTO FOR EDUCATIONAL PURPOSE ONLY, 7 year downtrend breakout on monthly chart
a promising setup but one needs to catch it on green closing above the previous week for best entry for trading and if one wanna buy a great R:R can enter at cmp but with strict SL SL will be closing basis below support zone in weekly timeframe or as per your setup target as per fibo level one can take a sum of profit or trail as per fibo level or there own...
BINANCE:BTCPERP Market sideways for sometime now, A break on the top pivot or the bottom pivot as shown an entry looks promising.
Stock had seemingly formed a toppish formation with curve formation now stock as long as trading below 2550 it can see slide towards 2280-2320 areas
Huge selling is incoming in POLYCAB INDIA !! If you are holding polycab, try to exit as soon as possible... Big Crash is waiting :)
NSE:HDFCBANK From this weekly chart of HDFC Bank we could see how the stock has been consolidating within the tight range of 1590 - 1650( yellow lines) The stock is just 6% - 7% away from its all-time high. So I will be watching this tight range ( expecting a breakout) considering support for bank nifty at the 42850 - 42700 level. Apart from technical aspects,...
Bank Nifty Future Broken the Pattern Today, and Made Low 43177 on 1 Hour Chart. As I have already mentioned that Bank Nifty was trading in the same pattern for 3 days but now today we can see that it has given the breakout in the downside, and given rally of 400 points. If you have any query, please feel free to post in comment section. MarkitVUE Disclaimer :...