Stocksignals
Nifty Technical Analysis - Nifty is currently trading at a crucial zone and POI
- Nifty's recent dump was completely bought back
- Nifty is trading at a crucial zone and I would like to see how the reaction is going to be once NIFTY starts trading above 23,400
- Another weekly close can signify a very good impulsive wave for NIFTY
KNR Constructions (Trendline Breakout Setup On WTF)KNR Constructions has given a trendline breakout on the Weekly time frame. The stock can head towards 350, and 370 levels in the coming few weeks. Also, good volume can be seen on the weekly closing candle. The stop loss can be placed at the 279 level.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
Bullish Flag pattern in SANGHVI MOVERSA Weekly Bullish Flag and Pole pattern is visible on the charts of
Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the NSE:SANGHVIMOV
MACD gave Positive crossover on Daily chart , Monthly chart and on weekly chart, it is on verge of giving positive breakout So, expecting the momentum to continue.
One can look to create a fresh position in the scrip near Rs. 740-760 levels with the stoploss of Rs. 620.55 on weekly closing basis. The 1st target will be 840.10 , 2nd target will be 928.10, 3rd target will be 1008.20, 4th target will be 1096.65 and fifth target will be 1184.55.
BIGBULL bReAkOuT A Weekly Bullish Flag and Pole pattern is visible on the charts of NSE:CAPLIPOINT
Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful apprication in the NSE:CAPLIPOINT
MACD gave Positive crossover on Daily chart and Monthly chart and weekly chart, it is on verge of giving positive breakout So, expecting the momentum to continue.
One can look to create a fresh position in the scrip near Rs. 1190 levels with the stoploss of Rs. 1090.45 on weekly closing basis. The 1st target will be 1293.10 , 2nd target will be 1397.10 and 3rd target will be 1499.20.
NIFTY50 Ready to Big Dump toward 20250 Levels ?NIFTY50 Technical Chart Analysis
NIFTY50 is currently in a high greed zone, attracting investors eager to join the bull rally. Let’s examine the key scenarios expected to play out over the next few days:
Chart Analysis:
NIFTY50 is forming a bull flag within a rising channel. Historically, this pattern tends to lead to a downside breakout, which makes any upside breakout highly risky.
My outlook is bearish. The last breakout resulted in a 22% gain, but if NIFTY50 breaks down below 22,110, we could see a significant fall. Breaking this level may result in a freefall to 21,000.
Support Levels:
Strong Support: The $21,000 level is critical. However, in the case of any negative news globally or in the Indian market, prices could potentially reach 20,700 and even 20,200.
Fib Retracement Supports:
0.5 Fib Support: 20,717
0.618 Support: 20,252
Keep an eye on these Fib support levels. If the market reaches them, we may witness a strong bounce, which would provide good entry opportunities.
Resistance:
Watch the rising wedge channel resistance and support closely, as they are crucial indicators.
Alok Industries Swing Long- Alok Industries is a stock that has big Fair Value Gaps and Imbalances too
- Your Goal as a trader or a swing trader should be to play it our when you see it Trading at the sweet spot and when the downside is restricted as well.
- Try to maximize when you see it forming a base on an LTF I mean 1H especially.
- Watch out for this stock it can show a huge expansionary move if not we can simply keep our stop loss infront.