I have been tracking Nifty since months, to exploit investment opportunity. It is always better to invest (in the market) after a correction. You get competitive prices which results in potentially more upside (returns).
The indicator ploted here is Bollinger bands in weekly time frame. You may see that every time Nifty hit lower Bollinger bands, eventually it...
FWB:NSE : NIFTY Weekly Analysis!
Rising Wedge Pattern in Nifty 50 Weekly Chart!
Rising Wedge Pattern with Upside Breakout!
Nifty 50 is trading at its all-time high, don't be greedy in this situation. We can see the strong upside momentum but hold your horses. We can see, I have applied fib retracement on the current price action(prev high and prev low). Now...
Hey Hardworking traders! Here's a quick update on the Nifty 50 index's recent journey and its future outlook-
>>So, It has been a roller coaster ride for NIFTY, It has witnessed multiple obstacles, Be it after Covid affects be it Russia-Ukrain war, High inflation and interest rate hike.
>>These macro incidents combined together resulted...
Hey before you trade #DYOR I’m sharing my idea which is based on technical analysis for more accuracy you can check news or event update.
EURUSD 1Hr Chart analysis current price is given breakout on 1hr chart, as per 4hr trend retesting is complete, for target and new retrace are you can check chart I share.
You need to wait for retrace area to break and create...
As we can see stock gives a breakout with a heavy volume
stock retrace till 850. it can go upward direction furthermore
Month and Week TF triple bottom
Day chart breakout and retracement completed
educational purpose only!✨
Do your research before making any investment🥂
Today's stock for analysis is DCXINDIA.
This stock was recently listed nearly 50% premium over the IPO issue price of 207. Since its listing, the stock is in continuous downtrend as seen on chart.
However, from past few days, we can see a retracement coming from levels of 150 in the stock. RSI positive divergence is also visible.
175-178 is a strong supply zone...
1.Stock changed its downtrend,
2.Immediate resistance was broken.
3.Aggressive buying is noticed (31%+ ROI as on today & 56%+ ROI from bottom to top)
4.A pull back to previous resistance, may give a good support with high RR trade in coming days
Creditaccess 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...
Deepakfert is looking ready for an upmove. It has bounced after taking support thrice from a strong trend line. It has also broken out from downtrend. RSI is now above 50 which also gives the same signal.
The stock looks strong if it gives a closing above 650-660 levels which is its 30 DEMA for about 10% upmove.
THis is my personal analysis only for educational...
1. We see a 5-wave move down, a clear impulse; then Wave A breaking into 5 parts, and then a clear Wave B breaking into further 3 parts.
2. We see a running triangle variation forming as shown in the chart and then a 5-move impulse down. Image attached.
3. A 5-move wave up can be clearly seen on the chart in the 15-minute timeframe. That...
Asian Paints Ltd does not need any introduction. With Market Cap of 2,69,000 Cr and a legacy of pre -independence foundation in 1945, the stock is all time favorite for for both retail and Institutional buyers.
Currently the stock has just reversed from its downtrend and stands @ 2833.60.
The chart has already tested the support @ 2820.10 which is our stop...
A Detailed analysis of TCS for Medium term Hold (1-3 months): CMP 3558
The Chart has broken down the long-term resistance at 3485, however, the CUP formation is yet to be completed. Once the CUP is formed at 3815, which certainly is our first target, the Chart will show some correction and price action to complete the HANDLE formation as displayed in the chart....
here titan is continously falling from its top the retracement come and go this stock become very weak, sellers can not push stock further to downside because its already in down side now its buyer short trade oppourtunity to buy a stock for two to three days and hit back to late seller who do not identify the oppourtunity on time this may be the buyers chance to...