Nifty Bank- 30 Minutes chartsNSE:NIFTYBANK 37382
1. While Nifty is showing free fall, Nifty Bank still holding some strength in charts
2. 30Min Chart trading between the Rectangle Pattern
3. Breakdown below 37000 level and below this we can see some major fall
4. Some Relief for bulls above 38000 and breakout above 38900 levels.
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Symmetrical Triangle formation on Daily charts for KMCSHILKMCSHIL has a symmetrical triangle pattern formation on the daily chart. Stock has been consolidating from mid September. The RSI is not quite encouraging at 43, but seems has given a BO, While todays closing candle is just outside the triangle pattern. stock has form a a good base around 59-61 & held it well during past 1 weeks correction. Low risk : High reward candidate. Target can be 90 with an SL of below 59 on DCB.
Disc: Invested, charts for education purpose only. Not a reco for buy/sell.
#ETHUSD @3105 , CAN RETEST 2790 ON WEEKLY CHARTS #ethusd #ethereum #cryptocurrency $eth #swingtrading
On weekly charts #ethusd can retest 2790
Support area 2635-2790
On weekly closing basis if breaks 2635, then next target 1903/1723
To regain positive momentum, weekly close above 3600 required which is a resistance on upside now
Bullish Divergence & Break out on Daily charts for Sumitomo ChemSumitomo Chemicals seems to be giving a BO on daily charts, volumes are decent, RSO is close to 60. The RSI has given bullish divergence, this can be confirmed with the BO given today of the falling trendline with decent volumes.
Disc : Invested, not a reco to buy or sell.
Nifty Hourly Charts indicate one dipThe most recent bounce is not an impulsive move so maybe it is an x wave and that means one more a-b-c down can follow and waves a and b are already done. Next week should see wave c complete into the year-end. but will it make new lows? The Nifty Elliott wave update with weekly charts and wave counts is already online on indiacharts.com, enjoy my Truth about the Markets
Talbros Auto- Cup n Handle breakout on weekly chartsWeekly close abv 360 to trigger a much bigger rally for time frame 1-3 months. Min tgt size of handle 360+(360-240)=480. MAx tgt size of cup 360+(360-60)=660(time frame can be 2-4 mth). Keep a Stop below 300 DCB.
Entry only on WCB abv 360 as markets are too volatile.
Tranch 1 buying >360 WCB
Tranch 2 buying on DCB>480
As on daily charts ADX is missing, so buy gradually
Mayank
Cup and Handle Breakout on weekly charts for HDFC. Cup and Handle Breakout on weekly charts for HDFC. Proxy real state play.
#Ocean next 2X returns on charts forming an ascending triangle pattern
going to give a breakout with volumes and charts are bullish
soi what you think bears
ADANIENT Breakout observed in DAILY & Weekly chartsA short term positional trade can be taken based on the recent breakout in ADANIENT scrip.
Volume consolidation is observed in DAILY charts for quite some time now and recent breakout in daily and weekly chart may continue in further trading sessions.
BUY above 1655 with Stop Loss 1589 below and first target around 1710.
A further breakout above 1715 with good volumes can take ADANI ENTERPRISES above 1800 level.
Happy Trading!
#Bitcoin Bullish trend on the chart - Explanation on charts BTC has been moving with good volumes and gave a price and volume breakout on charts
has been a time for the Bulls and now seems to be consolidating for another leg UP ..
always maintained a long position on BTC and lets see how it turns out to be
Long done for 63 K positional and no selling ..Long time HODL