Marksans Pharma Ltd - Breakout Setup, Move is ON...#MARKSANS trading above Resistance of 212
Next Resistance is at 262
Support is at 180
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Stocks!
Multi Commodity Exchange of India Ltd - Long Setup, Move is ON..#MCX trading above Resistance of 3056
Next Resistance is at 5182
Support is at 1722
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Indian Hotels - Long Setup, Move is ON...#INDHOTEL trading above Resistance of 509
Next Resistance is at 651
Support is at 391
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Mrs. Bectors Food Specialities Ltd - Long Setup, Move is ON...#BECTORFOOD trading above Resistance of 1237
Next Resistance is at 1616
Support is at 858
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
SENSEX // Levels // 1h"Welcome to SkyTradingZone "
Hello Everyone 👋
As of today, the BSE SENSEX is at 81,183.93 points, having dropped by 1.24%
Support Levels:
First Support: 80,950
Second Support: 80,700
Third Support: 80,450
Resistance Levels:
First Resistance: 81,200
Second Resistance: 81,450
Third Resistance: 81,700
#BLISSGVS The stock made a rounded bottom from 2020 to 2022#BLISSGVS 💕 The stock made a rounded bottom from 2020 to 2022, and it appears to be in the process of forming the handle, which suggests a bullish continuation if the stock breaks out above the handle resistance level.
The stock has been in a sideways trend for a significant period, especially between late 2021 to mid-2023.
Recently, from early 2023, the stock has shown bullish momentum with higher highs and higher lows.
The current price action is testing previous resistance around 130-135 INR ,indicating a potential breakout.
Godfrey Phillips India - Breakout Setup, Move is ON...#GODFRYPHLP trading above Resistance of 4971
Next Resistance is at 6771
Support is at 3647
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
TATAMOTORS // Levels // 4 hour "Welcome to SkyTradingZone "
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As of September 6, 2024, the Tata Motors (TATAMOTORS) share price was ₹1,069.15.
The current price of TATAMOTORS is 1,050.30 INR — it has decreased by −1.76% in the past 24 hours. Watch TATA MOTORS LTD stock price performance more closely on the chart.
BTCUSD // Levels // 4 hour "Welcome to SkyTradingZone "
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Here are some key levels for BTC/USD on the 4-hour chart:
Support Levels:
$20,000: A key psychological level1.
$19,231: Corresponds to the 76.4% Fibonacci retracement of the 2020-2021 move.
$18,000: Another significant support level.
Resistance Levels:
$21,993: 14.4% Fibonacci retracement of the March-June 2022 move.
$22,000: A round number resistance.
$24,000: Another resistance level to watch
ICICIBANK // Levels // 4 hour"Welcome to SkyTradingZone "
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For ICICI Bank, here are the key support and resistance levels:
Support Levels:
₹945
₹900
₹1,100 - ₹1,090
Resistance Levels:
₹1,050 - ₹1,200
₹1,160 - ₹1,200
These levels can help you identify potential entry and exit points for your trades. If you need more detailed analysis or information on other stocks
HDFCBANK // Levels // 30 Min"Welcome to SkyTradingZone "
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As of September 6, 2024, HDFC Bank's (HDFCBANK.NS) support and resistance levels are ₹1641.87 and ₹1649.77. If the price crosses the support level, it could indicate a bearish movement, while crossing the resistance level could indicate a bullish movement.
Support and resistance levels are specific price points on a chart where buying or selling is expected to be the highest. The support price is a price where buyers are expected to be more than sellers, while the resistance price is a price where sellers are expected to be more than buyers.
Aavas Financiers - Analysis and PredictionTechnical Analysis of Aavas Financiers:
Aavas Financiers has been in a downtrend since January 2022, with strong initial support levels established at 1,297. The stock is facing resistance at four key levels: 1,815 (R1), 2,044 (R2), 2,416 (R3), and 3,000 (R4).
Notably, the stock is trading above the 200-week EMA, which is a positive technical sign, but it may experience a correction as it has reached the first resistance level (R1).
In terms of trading volumes, there has been significant increase since June 2023, indicating heightened market activity and interest. Additionally, Aavas Financiers has reported a decent free cash flow of ₹5.2 billion INR, which strengthens its financial position.
From a technical perspective, both the weekly and monthly MACD charts display bullish strength, further supporting the potential for upward movement in the stock’s price, provided it can break through and sustain the resistance levels ahead.
Potential Risk:
The primary risk to the stock's upward trajectory is the possibility of a broader market correction.
Disclaimer:
This analysis is intended for educational purposes and is not a recommendation to buy. It is important to learn how to recognize and understand patterns in stock movements.
Britannia analysisBritannia, after an untiring rally since the beginning of this month, now comes to a halt for another correction.
Entry-1 is on a retest of 5873-75 range as resistance with Stop above this range.
The second entry is below 5801-5800 range, if the price fails to retrace and continues to fall.
Bearish invalidation above resistance range till 5975 as t1 upside level.