As uh are watching price action is ready to breakout either breakdown.
i m on bullish on this stock .
if its breakdown their it will go approx 640 which is 50% of retracement of trend, but this all after breakdown.
until its break 780 i m bullish.
keep learning and earning.
EXPLANATION : This is a 15 min time frame chart of BANKNIFTY , It has taking resistance from trend line . We use Superternd strategy Buy signal activated , If BANKNIFTY break trendline with high volume I'm seeing very good opportunity in buying side .
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Strategy consist of
RSI (21) Overbought 60 Oversold 40
Super trend (7,3)
Ichimoku Cloud - Only Kumo i.e Senkou Span A & Senkou Span B ( default )
When RSI closes above 60 and price closes above ichimoku cloud and super trend
Buy above the bullish candle and trail the trade with super trend
When RSI closes below 40 and price...
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Self explained chart
⌛ Motivational and psychological area ⌛
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
✣If you want to make money, firstly...
Past stock goes from 80 to 180 in less than 2 months.
now again ready for big move
Above 21 MA, 55 MA, 100 MA.
Supertrend is positve
RSI is Good.
Buy zone - 181.23 (vwap of 8th june)(bullish candle with high vol.)
Stop loss - 161.20 or 161 (lower of High vol. candle) + match with Fibonacci
Target - 225 (using Fibonacci)
Risk to Reward Ratio...
Look at the above weekly chart of MCX Copper. It has created an ascending channel pattern without breakout. This channel started in the previous year's April month. At present, it's falling after making a tail. But how much it can go down? Copper may fall more from here, and that can be up to 728 - 710.6 levels.
But overall, it's on an uptrend. So, soon it will...
Disclaimer :- This is not any buy or sell recommendation. This is just my personal view on this counter. Kindly consult with your financial or investment advisor before investing.
There is Breakout generated in LAXMIMACH on weekly chart. With rounding bottom pattern. Next levels as below :-
1st Resistance :- 7800
2nd Resistance :- 8440
3rd Resistance :-...
Disclaimer :- This is not any buy or sell recommendation. This is just my personal view on this counter. Thank You !
KARURVYSYA is already gave us trend reversal signal. Currently this stock is in uptrend. On this Friday there is a fresh breakout generated on weekly chart above around 50 with good volume.
Next levels as below :-
1st Target :- 63.00
Renko is often used prior to some big events especially election outcome. Renko bars + Supertrend + RSI is telling to take a short position on NSE:NIFTY .
Will NDA may fall short of the majority? Renko reveals something!