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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
BANKNIFTY - 15 MIN - FOR 15/03/2022 TRADE SETUPHello Traders, TODAY BANKNIFTY broken the 35000 level and NIFTY also broken the 16800 level ---- > Both are very important levels. Today BANKNIFTY broken the PREVIOUS WEEK HIGH but faced RESISTANCE a little bit and market closed below it with a BULLISH PINBAR candlestick pattern. **** This indicates a strong Buying pressure in the market. **** 1) If BANKNIFTY Break & retest the PREVIOUS WEEK HIGH ( 35375 ) we can go LONG. TARGET ----> 35600 , 35800 .... 2) If BANKNIFTY faced RESISTANCE at PREVIOUS WEEK HIGH and only if the 35000 level breaks we can go SHORT. TARGET ----> 34625 ( PREV DAY LOW ) , 34360. IMPORTANT LEVELS --------> 34625 ---- 35375 ---- 35600 ---- 35800. Do comment your thoughts ... Thank you <3.
NSE:BANKNIFTY
by knstocks
4
Jubilant FoodWorks - Bullish Piercing Candlestick Pattern formedCheckout how Bullish Piercing Candlestick pattern works - One example of Trade with such pattern - The analysis is done on weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:JUBLFOODLong
by TradewithAditya
Positional or Longterm Opportunity in Lal Path LabGo Long above 2699.1 for Targets of 3134.8, 3570.5, and 4006.2 with SL 2263.4 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. In addition to this 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:LALPATHLABLong
by Nimish_Ghagare
Positional or Longterm Opportunity in SBI CardGo Long above 816.55 for Targets of 920.85, 1025.15, and 1129.45 with SL 712.25 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 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:SBICARDLong
by Nimish_Ghagare
Positional or Longterm Opportunity in Alkem LabGo Long above 3389.9 for Targets of 3671.95, and 3954 with SL 3107.85 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.382 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around 0.382 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:ALKEMLong
by Nimish_Ghagare
Positional or Longterm Opportunity in GlenmarkGo Long above 456.85 for Targets of 499.6, 542.35, 585.1, 627.85 and 670.6 with SL 414.1 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around 0.5 Fibonacci level. 3. In addition to this there is a strong support zone (marked with purple color), from which the stock is taking support and moving up.
NSE:GLENMARKLong
by Nimish_Ghagare
Positional Opportunity in Garware TechnicalGo Long above 3000.1 for Targets of 3297.55, and 3595 with SL 2702.65 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.382 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Hammer (marked with orange color) is formed around 0.382 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:GARFIBRESLong
by Nimish_Ghagare
Positional or Longterm Opportunity in Dhanuka AgritechGo Long above 740.1 for Targets of 817.45, 894.8 and 972.15 with SL 662.75 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0. 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 support zone (marked with purple color), from which the stock is taking support and moving up.
NSE:DHANUKALong
by Nimish_Ghagare
Swing Opportunity in Sun PharmaGo Long above 837.05 for Targets of 859.1, and 881.15 with SL 815 Reasons to go Long : 1. On a Daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level. 2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange color) is formed around 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:SUNPHARMALong
by Nimish_Ghagare
Swing Opportunity in NTPCGo Long above 132.6 for Targets of 137.3, and 142 with SL 127.9 Reasons to go Long : 1. On a Daily timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.618 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Hammer (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. 4. In addition to this there is a gap that is yet to be filled. 5. There is a trendline (marked with red color), which is providing resistance to the stock so we have placed our final target just below it.
NSE:NTPCLong
by Nimish_Ghagare
Positional or Longterm Opportunity in Quess CorpGo Long above 656.9 for Targets of 755.8, 854.7, and 953.6 with SL 558 Reasons to go Long : 1. On a Monthly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 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:QUESSLong
by Nimish_Ghagare
Positional or Longterm Opportunity in Hdfc LifeGo Long above 597.6 for Targets of 643.6, 689.6, and 735.6 with SL 551.6 Reasons to go Long : 1. On a Weekly timeframe if we draw the Fibonacci retracement tool from recent swing low (point A) to recent swing high (point B) then we see stock took support from 0.5 Fibonacci level. 2. Also a bullish candlestick pattern Bullish Hammer (marked with orange color) is formed around 0.5 Fibonacci level. 3. Also 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:HDFCLIFELong
by Nimish_Ghagare