NAZARA TECHNOLOGIES LTD (NAZARA) appears to be in an uptrend. The price has been consistently making higher highs and higher lows, indicating bullish momentum. Additionally, there's a potential cup and handle formation, which is a bullish reversal pattern.
Entry, Target, and Stop-Loss
Entry:
Breakout: Wait for the price to break out of the neckline of the cup...
ONDO Crypto Coin: Buy at $0.61 for a Target of $17 Based on Neo Wave and Time Analysis**
This analysis suggests a strong buy for ONDO at the current level of $0.61, with a target price of $17. The forecast is based on Neo Wave theory and time analysis, indicating a significant upward potential.
1. **Current Price Level:**
- ONDO is currently trading at...
Key Characteristics of a Cup and Handle Formation for a Multi-Year Breakout:
Volume: I ncreased volume during the formation of the cup and handle can indicate growing interest and potential buying pressure.
Breakout: A strong breakout above the handle's resistance level, accompanied by increased volume, is a bullish signal.
Multi-Year Significance: For a...
UTIAMC is poised for a significant breakout as it trades at its highest level ever. If the weekly candle closes with strength, it could be a good opportunity to enter a swing trade with a stop-loss placed at the weekly candle's low. Additionally, in the daily timeframe, the price is consistently making higher highs and higher lows.
Disclaimer: This analysis is...
KNR CONSTRU LTD has successfully broken out of a cup and handle pattern, suggesting a potential uptrend.
Moving Averages: The 20-day and 50-day exponential moving averages are both above the price, suggesting a bullish trend.
RSI: The RSI is currently above 50, indicating a bullish trend. However, it is approaching the overbought zone, which could suggest a...
Moving Averages (MA): The script uses two simple moving averages (SMA) — a shorter one (default length of 9) and a longer one (default length of 21). The strategy is based on the crossover of these MAs.
RSI (Relative Strength Index): An RSI indicator is used to check if the asset is overbought or oversold, adding another layer of confirmation for buy or sell...
Introduction
Hold on to your digital wallets, fellow traders! We're diving into the latest price action of Bitcoin (BTC/USD), where the recent breakout has left us all on the edge of our seats. Let's dissect this chart and see what the crypto king is up to. 🚀💰
Price Action Overview
Chart Analysis
Current Price: $55,992.52
24-Hour High: $57,027.91
24-Hour Low:...
Introduction
Hello, fellow traders! Buckle up because IRCON International Limited is on the move, and it’s picking up speed faster than a bullet train! 🚄 Let's dive into the technical analysis and see what the charts are telling us about this infrastructure giant.
Price Action Overview
Chart Analysis
Current Price: ₹307.75
Daily High: ₹315.80
Daily Low:...
Introduction
Greetings, traders! If you're looking for a pharmaceutical stock that might just cure your portfolio blues, look no further than Lupin Limited. This stock is brewing up an interesting pattern that’s worth a closer look. Let’s dive into the technical details and see what’s in store!
Price Action Overview
Chart Analysis
Current Price: ₹1,759.30
Daily...
All aboard the Cochin Shipyard Limited stock, because this ship is ready to sail to new heights! 🚢💹 We’ve spotted some thrilling price action and technical patterns that promise a profitable voyage. Let’s dive into the details.
Price Action Overview
Chart Analysis
Current Price: ₹2,679.95
Daily High: ₹2,679.95
Daily Low: ₹2,405.05
Volume: 13.027M
Key Technical...
Vaibhav Global Ltd shares corrected 43% after having a bearish divergence in 29th Jan 2024 peak of 541 to 306 last week. The low of 306 and two weeks prior matches with a previous 52 week low of 270.
This stock can increase at least 20% in short time also can give 50% within in a year. Exit the stock if it touches 270 again.
Note: This technical trend analysis...
IDFC first bank 🏦 is ready for an entry for long term investment 🤑💰, Expecting 100 % returns in upcoming months and years🎯💯✅📉📈,
Just historical data analysis, as per my view, whenever IDFC breakouts the trend line it's always gives near 90% to 100% returns. Expecting this time also 100% returns, the stable government is bulide in India for an upcoming 5 years it...
Hindustan Motors Limited (Hindustan Motors)
Market Cap: ₹737 crore
Current Market Price (CMP): ₹35.35
52-Week High/Low: ₹48.60 / ₹12.65
Average PE Ratio: 28.98
Technical Analysis:
Daily Frame: The stock is crossing below its middle Bollinger Band, indicating a potential slight correction.
Support Levels: The stock may find support in the ₹25-₹30 range.
Overbought...
Nifty Auto Sector Analysis
Since March 2023, the Nifty Auto sector has shown a consistent upward trend, indicating a clear bullish momentum. The sector has been hitting all-time highs and experiencing substantial trading volumes. Using the Bollinger Bands indicator, which measures market volatility, we can observe that prices have been consistently moving close...
1. After consolidation, fresh upmove expected in the stock.
2. Historical data suggest the stock gives good momentum after breakout.
3. Entry will be above breakout candle high.
4. Stoploss below breakout candle low with a buffer.
Keep Learning,
Keep Trading.
⚠️Disclaimer: The views expressed here are merely personal opinions. Nothing mentioned here should be...
To create a trading strategy using Supertrend, Relative Strength Index (RSI), and the 200 Exponential Moving Average (EMA), you can combine these indicators to make more informed trading decisions. Here's a basic strategy outline:
1. **Supertrend**: Use the Supertrend indicator to determine the trend direction. When the Supertrend line is green, it indicates an...
"Welcome to my channel! Join me for daily technical analysis of the crypto market's latest trends, from Bitcoin to altcoins. I'll be sharing insights to empower your investment decisions. Stay updated and engage in the comments below! 🚀
Disclaimer: Crypto technical analysis uses historical data to predict future prices. It's not a guarantee and shouldn't be your...
