Huge potential is there.
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Trendline is not broken yet.
Wait for small retracement,and daily candle to close above - " 655 "
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if you are interested in investment, go for it with proper stoploss.
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overall " IRCTC " fundamentally good stock.
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Wait for proper breakout and conformation.
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Don't make complicated trade set-up.📈📉
Keep it " simple, focus...
GBPUSD remains pressured at the lowest level in eight days after breaking a five-week-long trend line support the previous day. Apart from the support break, bearish MACD signals and an absence of oversold RSI also keep the Cable sellers hopeful. With this, the quote’s further downside toward the 1.2600 support confluence, comprising a 50% Fibonacci retracement of...
A continuation wedge , is a technical analysis pattern found in daily chart of MTARTECH.
Let's delve a bit deeper into the components and dynamics of this pattern.
Bullish Continuation Wedge:
Shape and Structure:
Trendlines: A bullish continuation wedge consists of two converging trendlines that slope downward against the prevailing uptrend. These...
Daily Timeframe
Stock in an Uptrend.
Retracing back to the Daily RBR level of around 29.2.
Looks a good opportunity to go long on a retracement to the Demand Zone.
HDFCBANK will announce its results today on 16/01/2024. How to trade it today. Before trading it we need to analysis with our Gann Retracement method to know its vibrations.
Hourly chart show the growth cycle start from 04 Dec 2023 on cross of 3.000 marked on chart at 1579.50. Momentum was to be seen above 1614.55 on chart. We tested this level 3 times on hourly...
USDCAD rises for the fourth consecutive day while poking the 200-SMA as the pair traders await Canadian inflation data, namely the Consumer Price Index (CPI) and the Bank of Canada (BoC) CPI. It’s worth noting that the firmer RSI (14) line and the bullish MACD signals favor the latest bull run. Adding strength to the upside bias is the daily closing beyond the...
This Stock has taken a good retracement of 61.8% and now it is sustaining at the said level. I am expecting it to come down further to 368-370 range where I am planning to enter if it shows some sign of bullishness on daily timeframe with a supportive global markets scenario. I would have SL for this trade @357 and expected targets would be 411..445..479..500..
BTCUSD Bullish flag breakout and try to form the base. Anything above 48000 level will lead a potential move towards upside. Expecting deep retracement before rally. Major SR level 40000. Expected move and targets updated. Happy trading with Swing Trade academy.
As we discussed yesterday, "it will reach 22100, and then it will face resistance there".
If we look at the chart data right now, It has touched 22100. also, right now, it's trading at the resistance trendline, which will provide resistance from here.
According to OI data, PCR = 1.51, which is super bullish. On the upside, there is no resistance. All levels have...
Analysis is from december21st,23,when the up move
was started.In the same month it made all time high.
of course yesteday nifty has surpassed that.After
that nifty had undergone retracement for 4 th wave
which was time consuming and it terminated at w=y.
next up move started from wedness day 10 th january
and it has a spectacular run of more than 450 points.
It...
n the crypto world, last week was a rollercoaster. It started on a high note with the SEC approving 11 Bitcoin Spot ETFs, generating excitement about institutional involvement. However, things soured quickly.
As ETF providers revelled in the influx of new investments, Grayscale's GBTC faced a challenging situation, marked by significant outflows coinciding with...
Wipro forming a diametric patter. Currently it has completed wave d and now we are in wave e of diametric pattern.
Generally in a diametric pattern Wave e = Wave c in terms of time and price.
Wave e= Wave c comes @ 550-555 levels
261.8% retracement level = 550-555 level.
So, Target = 550-555
Stop loss- Wave d low- 445-446.
- Coforge is currently looking bullish
- Coforge can soon retrace back and take out some Buy side Liquidity
- From a swing perspective try avoiding it and wait for a retracement
- Do not enter longs here
As we can see NIFTY showed an unidirectional up move as analysed in our previous analysis that if we won’t be able to see a good move unless the trend line is broken but we did see a strong opening with proper sustainment which followed by a good up move. Now that NIFTY is trading at its ATH, we may see NIFTY continuing its uptrend till 22000 which is its...
