We have seen an amazing bull run in JSWSteel during the metal sector rally of 2020-21. Since then, stock has been consolidating with 770-780 acting as a strong supply zone for the stock. However, the stock has recently taken support from a 3 year old trendline and currently standing at the same supply zone. If the stock manages to sustain above 780-800 for a...
long term horizontal support zone with double bottom trendline break on chart after trendline break accumulation start by a pattern of bull flag with volatile contraction may be an entry point by 25% then pyramiding upto top resistance zone or more (decide at that time)
Breakout above the current zone will open doors to the above Blue Zones on Daily tf
LALPATH LAB has given breakout from a longterm pricewise and timewise correction it has clearly break the supply zone in daily tf as well as in weekly tf one can go long from here put STOPLOSS BELOW 2300 AREA OR BELOW 20EMA IN DAILY TF OR 200DEMA CLOSING BASIS ONLY always trade with your own conviction THIS IS JUST FOR EDUCATION AND LEARNING PURPOSE hope u...
bear trap volumes breakout of supply zone trend reversal good risk reward
As seen on the chart, Grasim stock is trading near a strong supply zone of 1750-1775. The stock also has taken support from trendline which is drawn from 2020 lows. If the stock manages to break its ATH level and sustain above this supply zone for few weeks, we can see a flag breakout and a new bull uptrend in this stock. However, rejection from supply zone can...
EIHOTEL has beautifully formed an inverted head and shoulder pattern in weekly TF with neckline being an important supply zone of 200-210. The stock has given a weekly closing above this zone and is looking ready for a breakout. It can be added on dips upto 195 with a SL of weekly closing below 184. ATH level of 227 might prove as a minor resistance before a...
Cement are having bullish run and this also is cement stock giving breakout with volume. It can rally up side. This is for education only.
BCPL has broken below the support zone, which has been tested multiple times in the past. This presents a good opportunity for a small swing trade. Entry: To take advantage of this situation, we can initiate a short position as soon as the next candle opens. Stoploss: For risk management, it's wise to set the stoploss just above the support level, with a little...
NSE:LATENTVIEW is near its Resistance line again. Any positions should be taken only after closing above the resistance.
As you Already can see Titan is in UPTREND in Daily Time Frame. * Price Slowly Approaching the Support Level. If price came to the Support Level and shows the price Rejection there or you can see any Bullish reversal Pattern Like "Bullish Engulfing, Piercing Line" etc with Good Volume. You can go Long. * Please Keep this in Mind Volume Must be there at the...
I have clearly explained in my YT video about today's market behaviour and tomorrow's prediction. Please do watch my old videos in Daily Analysis Playlist to understand the Entry and Exit criteria. Do follow and subscribe if you like the analysis . I've Bearish sentiment for tomorrow. Everything depends on tomorrow's market opening. Trade or invest...
I have clearly explained in my YT video about today's market behaviour and tomorrow's prediction. Please do watch my old videos in Daily Analysis Playlist to understand the Entry and Exit criteria. Do follow and subscribe if you like the analysis . I've Bearish sentiment for tomorrow. Everything depends on tomorrow's market opening. Trade or invest...
kindly see the levels on the chart and also read the text carefully trade on your own risk
Alembic ltd watch out for breakout out but don't take entry at breakout it may become fake breakout. because it already happened at 5dec candle once price goes above resistance this will become support after breakout when price retest that level, then go for buy side swing trade can be taken for target of 91
SWING TRADE OPPORTUNITY The level of 88 is very crucial for the stock. Since Feb 2022 it breaks this level only once and recovered immediately. It is showing utmost respect to this level as shown in the chart. And on top of that it is forming symmetrical triangle. So it unlocks a good Swing trading opportunity for decent returns.
The price is continuously breaking Demand Zones, which means we are in a downtrend. When the demand zones are weak, the supply zones gain strength. Thus, Sell near the supply area. Its not a set and forget trade. Waiting for lower timeframe structure is key.
The blue lines indicate the strong trendlines where the price could take support. As all can see, the chart has respected most of the Fibonacci levels very well including the strong 1, 1.618 and 2. My expectation of the short term reversal zone was from the upper half of the 1.618 to 2 zone. Expect some correction next fortnight but it should be a good chance to...