It is at the top end of its rising parallel channel . As per Ichimoku it is also at a Price & Time Axis reversal . An hourly close below 14525 would validate the reversal for 14250/13750 . View would get negated if it gives a daily close above day high after triggering a down move.
Greetings Traders, Keeping the cloud in mind, and with a great amount of respect to it, TEN-KIJ is moving to a new high to provide us a strong buying signal. Support will become resistance taking a down move.
It has come to a very strong Monthly as well as Weekly support per ICHIMOKU. It could be a very good medium to long term accumulation zone (125-160) here for targets of 250/300 and more.
Hello & welcome to this analysis. Stock has been on a strong uptrend ever since it broke above its 5 years high near 80. Currently at a parallel channel and Ichimoku target/resistance. Accumulate on dips till 120 and or wait for sustenance above 150 for further upside would be my strategy in this stock. Happy Investing
Is Indian Energy Exchange (IEX) all set to fire up? We are expecting big targets based on the following key technical points: Great Correction (Fib): The price underwent a deep correction of more than 61.8%, almost reaching the 0.786 Fibonacci retracement level from the top. Price Action Structure Change: The price has changed structure since it broke the...
Stock Name - ITI Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Kumo Flux with Volume 3). Kumo Twist is visible in Today's closing All these parameters are showing bullishness and More strength will be visible above 107. #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn...
TechM Mahindra looks bullish on chart with immediate target of 1080 with conservative SL of 1027 . It's already buy on ichimoku cloud for some time now, its trending upwards in MACD and now has given good breakout over trend line.
Stock Name - Religare. As per the ichimoiku rule, today's close is above Cloud, price is above the Conversion Line and future kumo is Flat and chikou span is slanting upwards. This is the example of Kumo Burst and showing bullish sign but the more strength will be visible once price will sustain above 146. Worth to keep in watch list for coming days. #This is...
Bandhan Bank daily chart The next support level according to Ichimoku chart is 302.50, if it breaks that level the next major support level is 291.85.
Bullish Candle pattern, Morning DOJI STAR . ICHIMOKU: TimkenSen Line U-Turned . Rest plotted on Chart. Go LONG: 35% at +/- 1% of LTP . Best LONG: @ Below @ 110.60 (30% of Investment) More : @ 108.30 - @ 107.30 (35% of Investment) SL: @ 105.5- (By Closing) Trailing Stop Loss: @ 101- More Updates & Intraday / Swing Trade Snapshot updated later. Don't...
Greetings Traders, Previously, the TENKEN and KIJUN crossed giving a strong buying signal. Both are moving upwards to the cloud. Price and TEN-KIJ are syncing! The price movement will make a new high and will give another strong buying signal.
After reversing from a Bullish Harmonic Shark it has now given a breakout in weekly time frame as per Ichimoku which suggest further upside till 550 as long as it gives a weekly close above 485. Coincidentally, the min expected retracement of 38% of the Bullish Shark is also in the same range along with a Bullish Harmonic Dragon which is running in daily time...
In weekly time frame after making a Bullish Hidden Divergence near an Ichimoku Kumo it has now activated a Bullish C Clamp. It has strong support near 3600 with minor resistance at 3900. Probable upside for 4600 and then 5100. View negates below 3500
Greeting Traders Hello, this is the ITC bank 4-hour time frame chart. I will tell you how the Tanken sen resistance. When the tanken is at the top of the candle, it will work as a resistance. Thank you. ---------------------------------------------------------------------------------------------------------------------------------
Greeting Traders Hello, this is AXIS bank 4 hour time frame chart. I will tell you how the tanken sen supports. When the tanken is at the bottom of the candle, it will work as a support. Thank...
I think NZDUSD is very interesting. Here's what we saw in the webinar we had this evening. The pair has a beautiful Head&Shoulders (at least following my trading strategy),which, at the moment, gives us a double possibility : 1. The Neckline breakout ; 2. A rebound on the Neckline . If number 1 occurs, I will wait a rebound on it , where I should...
Stock Name - Gujarat Alkalies. As per the ichimoiku rule, today's close is above the Conversion Line and future kumo is super bullish and chikou span is slanting upwards. All these parameters are showing the further strength & More strength will be visible once it will cross the high of 935. Worth to keep in watch list for coming days #This is not Buy and Sell...
NSE:BANKNIFTY Individual Constitutent Price-Action Analysis Methodology : Ichimoku trading systems, TF: Daily #AUBANK: Downtrend, 635 is immediate resistance #AXISBANK: Downtrend, 901 is immediate resistance #BANDHANBNK: Downtrend, 243 is immediate resistance #BANKBARODA: Downtrend, 168 is immediate resistance #FEDERALBNK: Price just crossed the...