The script is currently at the support level . The Pattern seen is the Cup and Handle Pattern with Handle now at testing the support level ( See Big green Candle ) which is acting as a support here. The Script has the potential to give break out and can easily scale to 58 levels from Here. It is unlikely go down from here due to bunch of candles formed in the...
Attention all chart junkies and market maniacs! If you thought the only thing in India that could surge this dramatically was the summer heat, think again! India Nippon Electricals is here to prove that stocks can be hotter than a forgotten chapati on the tawa. Price Action Analysis: 📈 Current Price: ₹792.20 (more electrifying than your neighbor's DIY wiring...
Hi, this is shanjeev, Weekly Analysis, * From starting of the year 2024 nifty was trading in between this channel pattern, It's almost 5 months, finally the nifty had breaks the resistance but still you can see the resistance at all time high, * If coming week nifty breaks the all time high then you can see the bullish move * If it reverse from the all time...
KNR CONSTRUCTIONS (1W TF) - 21st Jan, 2024 Pattern: FALLING WEDGE BREAKOUT - Trendline Breakout - Done ✓ - Weekly Volume Spike - Done ✓ - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #KNRCON
GLENMARK PHARMA is in a strong Bullish trend and has formed a Bullish Reversal (W Pattern) pattern in it's Daily timeframe. The neckline of the W pattern is already broken with a strong candle having decent volume. Targets 1 & 2 are calculated using the XABCD Pattern of Harmonics. Maximum or all quantity should be booked between Target 1 and Target 2. Aggressive...
Trend line and Flag pattern Weekly and Monthly breakout
Consolidate in this range and then give breakout with 10% min Hike Target is 51$
Titan has formed a bearish chart pattern called Triple Top. Triple top is a bearish chart pattern which is formed in an uptrend where three tops are lying on a flat horizontal resistance line and pattern will activate only when closing below the neckline or support. Pattern will activate only below the closing 3475 marks. Triple top pattern is one the rarest...
Hello TradingView Community, Get ready for an exciting breakout opportunity in IRB Infrastructure Developers Ltd! With the current stock price at INR 68, IRB is on the brink of a significant breakout above INR 72. Here’s why you should keep this stock on your radar: 🔍 Technical Analysis: Current Price: INR 68 Breakout Level: INR 72 Volume: Increasing steadily,...
I have already mentioned all the details in the charts as usual to first watch that and also analysis that according to your analysis and then after you can place the trade according to your risk to reward ratio.
There is a high chance for nifty to reach 21780 and 21550. If today big fall means it will reach these prices. Orelse it will reach on next week. Learn to analyse by yourself is better for you.
My view on this script Bullish Ofter breaking Resistance with good dynamics I took long entry...💹💲
ALKEM LAB is Bullish in Higher Timeframes and price is making a Higher-High structure in Hourly timeframe which is going along with the trend in bigger timeframes. Consider the levels for Intraday; entry should be made according to price-action in smaller timeframe, may be 5 mins. These levels are only for Cash segment, NOT FnO! Targets are calculated according...
Bank of Maharastra is currently making a Rising wedge pattern. It is also making a shooting star at the upper line of the wedge signifying selling pressure.. The price if breaks out of the rising wedge in coming weeks can drop to 55 levels where it has support.
Its following a channel.. currently breaking out and might retest in coming days. DAILY RSI is 70 showing strength / Weekly RSI is 66 ( Showing strength) Monthly RSI 49.12 . Ideally I would want it to be above 50 but this is good and should get over 50 by the end of the month.. Price might jump to previous highs
Strong momentum 10/15 may Target 4000/4200🎯 go long for 5500/6000 Monthly candle 5/6.
After a long consolidation and a complex corrective structure concluded at Apr'24 low of INR 995.7, stock prices have given very sharp up move. This suggests that stock is likely to give a breakout very soon and extend the gains towards INR 1250 in the coming days and week.
CDSL has given a strong breakout of it's ATH on monthly basis with a strong bullish candle having great volumes. The ATH level has been retested and now it is getting for another rally.