FCPO has been on the downside for an extended period, corrected huge. now we are looking for upside movement. as one can see RSI is also supportive, it may turn upside anytime soon.
The stock looks good for a long entry due to following reasons 1) Stock is at a demand zone from which we have seen significant rally 2) Though the stock is forming new lows in smaller time frame, the stock has reached an important support level 3) We are also seeing Awesome Oscillator divergence in the chart We may see strong reversal upto the Supply zone as...
stock has formed a rounding bottom and is likely to form a cup and handle pattern after hitting resistance.
Nifty is in the Golden Fib zone. If any expiry day reversal this will be good time Conditions : Nifty should form a low here in and around golden zone It should give closing above 16945. After that If it give a pull back then we can enter with day low as SL No trade if the conditions not met. If all conditions are met Managing the trade: If the trade goes in...
BULLISH. INVEST OR TRADE wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor, so before entering on my view please ask your SEBI Registered Advisor. Profit is your and loss is yours.
Breakout and Retest done in GUJGAS Entry: CMP (527) Target - 577 DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Zydus Livesciences Time Frame: Weekly Name of Pattern: Hammer View: Potential reversal What is a Hammer Candlestick? The hammer candlestick is found at the bottom of a downtrend and signals a potential (bullish) reversal in the market.The most common hammer candle is the bullish hammer which has a small candle body and an extended lower wick – showing...
After a free fall from 200+, this stock is moving sideways and taking regular support near 40. This could give more than 50% return in near term. Huge accumulation happened on 24th August 2022. 20 and 50 EMA converging. RS positive and HM near center line.
POINTS TO NOTE BEFORE INITIATING LONG: ------------------------------------------------------------------------------ 1. Star Pharma has been in a continuous downtrend for more than 6 months forming Lower Highs & lows. 2. A breakout of the downward channel occurred on the 24th of June with record volumes seen of the last 6 months. 3. Now a shift to an upward...
Hello everyone this chart technically measured and filtered by team INFINITYIV. Due to high volatility and uncertainty in market it is important for us to provide you both side level. It always helps when market turned opposite. FOR OUR ACCURACY CHECK YOU CAN MATCH LEVEL AFTER EXPIRY OR GO THROUGH WITH REST UPLOADED CHARTS. Where capital involves chart should...
PEL | Falling wedge + Trendline support - Potential for 20% CMP : 2400 (Dip : 2300) SL : 2200 Target : 2600, 2900 1:3 risk reward setup
Previous day price created a imbalance in market.We can see that titan is very bullish from days. Not going in the reverse direction of the market.
NSE:NIFTY is near the trendline from the high made in October last year. Breakout point is around 17800 but it may turn out to be a false breakout, if that happens. RSI is high and when RSI breaks the trendline on closing basis, we might have a confirmed trend reversal which could last for sometime. Exiting longs above 17800 may be a good idea. Keep an eye!
#BajajConjumer CMP 164.7 abv 171 can see 195/215/235 SL 152 ROCE 26.1 % CWIP PY ₹ 25.2 Cr. High / Low ₹ 270 / 129 #Stocks #Reversal
Iam on buy USD CHF Major reversal pattern trendline broken retested multiple times an fib respected from last significant low to the high 0.95260 to targeting 0.96500 . thanks..
Evening Star pattern has been formed near Trend Resistance inD1 Timeframe. Evening Star pattern shows a trend reversal if it's formed near resistance. In M30 timeframe, Head and shoulder pattern has been formed. So closing below 1350 may show some weakelness. Disclaimer :- I'm not a SEBI registered analyst. This are my personal view. Information given is for...
#Watchlist #HLEGLAS (W):-CMP 3690 Looks Good For More Upsides :) #Disclaimer:-View shared is for educational purposes only. Conduct your due diligence before making any trading or investment decisions.
As visible on charts CNXIT has given a breakout from multiple reversal patterns which are Island Reversal, Double Bottom, Inverse Head & Shoulder. CNXIT has formed double bottom around 26450 along with RSI divergence and finally given its breakout at 28600. The index fell with a gap and also reversed with a gap hence, leaving behind an island and showing an...