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GHCL - Bullish Candle with Volume BreakoutNSE: GHCL has broken out from the consolidation range. Today's volumes and candlestick indicate demand and stock should move to previous swing highs in the coming days. The stock has been moving along with the trendline support over the past few days which is creating the uptrend. One can look for a 7% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:GHCLLong
by BrahmaBull31
Banknifty analysis - logic and planEXPLANATION : This is a 15 min time frame chart of BANKNIFTY . It has been consolidating at previous Resistance zone and formed the Evening star pattern . ( An Evening start is a candlestick pattern that is used by traders for analyzing when the uptrend is going to reverse to a downtrend ) If give a strong breakdown and continue his pattern , I am bearish on BANKNIFTY . If give a strong breakout and retest ( Resistance become Support ) , I am bullish on BANKNIFTY . Levels are marked in chart , enter as per your setup .
NSE:BANKNIFTY
by pranav_nanavare
Positional or Longterm Opportunity in TCI ExpressGo Long above 1694.1 for Targets of 1897.45, 2100.8, and 2304.15 with SL 1490.75 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.5 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around the 0.5 Fibonacci level. 3. Also there is a strong Trendline (marked with green color), from which the stock is taking support and moving up.
NSE:TCIEXPLong
by Nimish_Ghagare
Positional or Longterm Opportunity in Greaves CottonGo Long above 152.05 for Targets of 173, 193.95, and 1839.2 with SL 131.1 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around the 0.618 Fibonacci level. 3. Also there is a strong Trendline (marked with green color), from which the stock is taking support and moving up.
NSE:GREAVESCOTLong
by Nimish_Ghagare
Positional or Longterm Opportunity in RECGo Long above 118.8 for Targets of 127.95, 137.1, 146.25, and 155.4 with SL 109.65 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around 0.618 Fibonacci level. 3. In addition to this there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
NSE:RECLTDLong
by Nimish_Ghagare
Positional or Longterm Opportunity in BHELGo Long above 45.85 for Targets of 50.3, 54.75, and 59.2, with SL 41.4 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Hammer (marked with orange color) is formed around 0.5 Fibonacci level. 3. In addition to this there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
NSE:BHELLong
by Nimish_Ghagare
1
Positional or Longterm Opportunity in BATAGo Long above 1748.8 for Targets of 1890.15, 2031.5, and 2172.85 with SL 1607.45 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.5 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Harami (marked with orange color) is formed around the 0.5 Fibonacci level. 3. Also there is a strong Trendline (marked with green color), from which the stock is taking support and moving up. 4. In addition to this there is a strong demand zone (marked with purple color), from which the stock initially faced resistance but now is taking support and moving up.
NSE:BATAINDIALong
by Nimish_Ghagare
Trend Reversal with Double Top Pattern & Candlestick formationsImportant SR levels Update based on volume profile analysis for NSE:RELIANCE Hello Trader. If you like the idea, do not forget to support with a like and follow. Above is purely my opinion. It doesn't mean that you need to trade accordingly. Please note that I'm not Sebi registered advisor or technical analyst . Trade on your own conviction and please consult your advisor before investing . #supportandresistance #volumeprofileanalysis #stockmarketindia #reliance
NSE:RELIANCEShort
by Ami8singh
Positional or Longterm opportunity in MCXGo Long above 1317.05 for Targets of 1491.1, 1665.15, and 1839.2 with SL 1143 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.618 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around the 0.618 Fibonacci level. 3. Also there is a strong Trendline (marked with green color), from which the stock is taking support and moving up.
NSE:MCXLong
by Nimish_Ghagare
COTI/USDT time to short?COTI has been facing resistance of blue trendline, so if it rises to approx. 0.1787 then there will be multiple resistances + resistance of 50 EMA. Red rectangle is also a crucial resistance for COTI, so you can also short from around 0.1714 A shooting star candlestick pattern might form after 4H candle closing, so wait for 4Hour closing (I guess) (Although MACD has shown bullish crossover, still it will be profitable to short) ---SHORT ENTRY---> Entry Price - 0.1714 or 0.17100 Target Price - 0.1426 Stop Loss - around 0.1783 (Don't take trades based on this idea, even I don't trade according to my idea) (Do your own analysis) (NOT A financial advice) (High chances of loss if you follow my idea)
Short
by Aayush_Ganjawala
Hindalco forming evening star.Hindalco forming a evening star pattern on a monthly time frame. In the month of April the stock has already given a downside movement of 15% and can move below upto the level of 410. On weekly time frame, the stock has closed below the 20 ema. The stock on daily time frame has been consolidating in a range and has closed below the 200 ema and a support level of 488. Analyzing the stock on 4 hour time frame,the stock looks bearish as it has given a bearish moving average crossover and has been taking resistance form its 20 ema. Support :- 477, 465, 448 Resistance :- 488, 510 The stock can move further down and on multiple time frame analysis its bearish with moving average, volume and candlestick chart pattern. Wait for the price action before entering the trade.
NSE:HINDALCO
by TheMamboMomentum
Ethereum gives a nice breakout of "W" Pattern.Ethereum looks bullish on a higher time frame and has crossed the resistance of 3100 levels. It has closed above the level on daily time frame and is taking resistance form is 20 ema. A nice morning star pattern is there on a daily time frame and trading between the moving averages. On a 4 hour time frame the coin has given a "W" pattern break out with good volumes and has crossed it 20 and 200 ema . Support :- 3100, 3040, 2960 Resistance :- 3198,3320 There is a crucial resistance near 3130-50 i.e. 20 ema on daily and weekly time frame. Wait for the price action and candlestick pattern near the levels.
FOREXCOM:ETHUSD
by TheMamboMomentum
Reversal CandlestickNear a well defined boundary a reversal candlestick pattern, initial sign of reversal . ✍️As a breakout trader thats provides me the extra buffer zone and additional risk appetite when price break the upper boundary . ✍️ Maximum time if price not break the low of the hammer and price sustain above hammer high then my initial target is upper boundary of the pattern . if price break the upper boundary then book my previous quantity and add fresh quantity there .
NSE:REDINGTONLong
by PrasantaP
1
Datamatics | Candlestick Analysis |Fundamental The company offers a wide range of services primarily categorized under information technology (IT) solutions, business process management (BPM), Big Data & Analytics & engineering services. The company have developed its own intelligent automation platform and market for the same is forecasted to grow at a CAGR of ~19% over 2020-25. Presently, the company has 200+ clients. It added 33 new clients in Q2FY22 alone. In FY21, Top 5, 10 and 20 clients contributed 25%, 36% and 49% towards revenues respectively. Segment-wise Revenue FY21: - Information Technology - 51% Business Process Management - 49% Market Cap: Rs 1,532 cr; PE: 10.8 ; ROCE : 14.7% ; ROE : 11.3% , Debt Free Balance Sheet. FII's increased shareholding in Dec'21 quarter and credit rating agency updated their current rating to A+ stable. Technical: After the breakout, price rejected from level of ATH and retrenchment to fib golden level & EMA 55. At support level of Rs 240, a DOJI candle was formed in weekly chart, followed by Morning Star Candle (Bullish Candle) i.e., sign of trend reversal. The level marked in chart with explanations. Thanks
NSE:DATAMATICSLong
by Indieconomic