Technical Analysis: RITES has been consolidating in a robust rounding bottom pattern, a structure widely recognized as a sign of healthy consolidation. The stock has spent approximately 4 months forming this pattern, indicating a strong foundation for a potential breakout. Rounding Bottom Structure: A rounding bottom is a bullish reversal pattern that signifies...
On Week TF Solana's in Fibo Channel and it's trading at $108 now I found a #FairValueGap around in range $80 - $96 so I expect SOL will pullback and bounce back from this range Besides, this range included #GoldenRatio So I think the chance for long position Time will tell
We did see some strong downfall as analysed in our previos analysis with proper reason that the trendline has been tested multiple times and any break could show good fall and we did see that. Now despite the fall NIFTY managed to close itself above the trendline acting as a support hence unless NIFTY closes below the trendline this week, we cannot be sure of any...
GNFC has given a very strong weekly closing on Friday.600-610 was acting as a strong resistance and the stock has managed to close above it. A trendline breakout is also seen in the stock. The chart is showing strong bullish trend after retesting the weekly demand zone of 500-520 followed by strong reversal from weekly support trendline. Positional traders can...
My view on #ParadeepPhosphates CMP 76 VCP pattern ATH #BREAKOUT Support at 68 Target 90|100|120 Monthly narrow CPR Monthly resistance broken #gold #crypto
DEVYANI INTL company which houses brands such as KFC and PIZZA HUT is trading at 190 odd levels which is good pivot area for executing buying orders for targets of 225 which is earlier high and then towards 270. at 190 levels, huge buying orders are seen in terms of increase in volume on the buy side. it may anytime move towars 220 levels. thanks
RCF ltd - cmp 108 Fertiliser company stock that has breached monthly close of 110 (year 2007) and has sold around 134 levels. Now trading again at 108 which is a very strong support for it. Now volumes have dried up which is a sign of consolidation happening and it is not under the public eye. From here it may again start upmove till 135-140 which is a resistance...
Stock details are mentioned in chart Go through chart analysis We never recommend stock to buy and sell Target and Stop loss also in chart
r rally base rally set up to catch all the pending orders...its for edu purpose only
### Nifty 50 Support and Resistance Levels (03/01/2024): #### Support Levels: 1. **Support Level 1:** 21,600 2. **Support Level 2:** 21,500 These support levels indicate crucial zones where Nifty 50 might find buying interest and potential reversals if the market experiences a decline. #### Upside Resistance Levels: 1. **Resistance Level 1:** 21,700 - This...
Bank Nifty Support and Resistance Levels (03/01/2024) #### Support Levels: 1. **Support Level 1:** 47,668 2. **Support Level 2:** 47,400 3. **Support Level 3:** 47,200 These support levels are areas where Bank Nifty might find buying interest and potential price reversals if the market falls. #### Upside Resistance Levels: 1. **Resistance Level 1:** 47,820 -...
Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear...
Utilizing the support and resistance levels of BankNifty, along with the 5-minute timeframe candlesticks and VWAP, can enhance the precision of trade entries and exits on or near these levels. It is crucial to recognize that these levels are not static, and they undergo alterations as market dynamics evolve. The dashed lines on the chart indicate the reaction...
On Week Chart ETH is keeping go up to $3,550 this price is Supply Zone and ETH can be reversed Long Position on lower timeframes Time will tell
NSE: REDTAPE is closing with a bullish momentum candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 14% gain on deployed...
Testing the support so many times, if we enter now we may expect a decent return. Enter with 50% of the fund you have allotted.
Pharma hasn't participated in the recent NIFTY rally Pharma has started to breakout of the key levels Pharma next target is the marked key weekly level in yellow, around 15% higher. Keep the pharma longs. If you want hedge, short the nifty equal size.
Stock ascending triangle pattern breakout Order Book Company expects to obtain orders from Tata Steel Ltd on a quarterly basis, where payments are based on buy-sell model and realized in proportion of sales made. AEL has an unexecuted order book value of Rs. 3,638 million for FY24, out of which Rs. 2,608 million (72%) is towards Andhra Pradesh Education and...