Happiest minds had given multibagger returns in 2021 and since then, it has been a correction phase in the stock.
Recently, the stock has bounced from a strong support and has given breakout from resistance trendline.
It is a good small cap IT stock with decent fundamentals looking strong for a bullish momentum.
Best buy level for the stock is around 875-880 with...
Stop loss is little bit big here but a good trade both levels for intraday and swing are mentioned on charts please follow and connect with your financial advisor
The chart shows the reversal point
If Nifty reverses near 18270,
- possible to reach 17770, 17610, 17460 levels
If it crosses above 18270,
- possible levels are 18620, 19000 levels
Note: Given for study purpose
Note: Always try to find a good price action patterns or any candle stick patterns in marked zones in smaller timeframe to take entry with small stop loss. Or can take entry based on one 5 min candle close below or above the zone with SL previous candles high or low (*try to avoid big candles).
(Color code for Support & Resistance zones: Red - Sell, Green -...
ADANI POWER ...........................................................................
Adani power is a good buy above 334 For a target of 340 and 349.
Reasons:
1.Structure break on Hourly TF.
2. Support Zone on Monthly TF.
3. RSI Confluence.
4. Fib 0.5 Level on hourly.
NSE: PIDILITIND is closing with a strong bullish reversal candle supported with high volumes.
Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days.
The stock has been consolidating for the past few days and moving along the trendline which is indicating demand.
One can look for a 8%...
Hello Traders,
In the above analysis: I'm showing the both scenario may happen on GBPUSD pair with the help of simple SUPPORT/RESISTANCE.
Where,
GBPUSD is on a sideways from last 15 day at range of 1.42340 to 1.40990. So the analysis says: if it'll break this resistance(1.42340) then we will see a new high on GBPUSD after 3 years of downtrend or if it fail to...
BNB recently respected its old support at 227 & get a nice bounce from there so if it goes in this same direction then the next targets will be:
1st>>>400
2nd>>>608
3rd>>>680 OR
If can't hold it upward move & fall below 227 support then we will see it's in a new DIP.
So, take advantage of both scenarios as per your strategy & capital.
HAPPY...
If it breaks upward trendline & makes a DOUBLE BUTTON; be alert that time cause it'll be going MOON
Or if break downward then be READY to SHORT . . . .
I take this short sell trade on SBI now for intraday on Equity, cause it's may take more than 1 day
Risk to reward: 1.5 (Take only 2% of your capital risk)
AUDUSD possible short sell OPPORTUNITY, if break the next support at 0.76000
Confirmation:
--------------------
(i) Already in a downtrend
(ii) Double/Tripple Top chat pattern formed & fall
(iii) Short term uptrend line break
(iv) symmetrical triangle pattern break
USE ONLY 2% OF CAPITAL PER TRADE
