In the Weekly Chart of MOTHERSON , we can see that, it is about to give Cup & Handle breakout which is also inside a Big Cup & Handle. It might respect the Trendline and then give a momentum.
**Support Levels:** 1. 21448 2. 21302 3. 21200 - **Resistance:** - If Nifty opens above 21448, there's no resistance as per the chart because of the all-time high. **Analysis:** - The support levels at 21448, 21302, and 21200 are crucial for monitoring potential downside movements in Nifty 50. - If Nifty opens above 21448, there's no immediate resistance...
- **Support Levels:** 1. 48071 2. 47600 3. 47400 - **Resistance Zone:** - 48213 (If Market Opens Gapdown) - No significant resistance levels on the upside as per the chart. - **Resistance Levels with Open Interest (OI):** 1. 48200 (Big Resistance) 2. 48500 **Analysis:** - The market has broken higher levels, and new support and resistance levels...
Stock : Mangalam Cement -> Breakout with good volume. -> Support Zone : 500 - 545. -> View is invalid on close below 500. Disclaimer : It's not a buy/sell recommendation. Posts are only for educational purpose.
hi guys, Lets wait for a breif movement for breakout on upside or on down side based on the levels ,and we can see all the inside candles in the big red bar which is a harami and guys this a 1hr time frame so patience is the key and mostly avoid to take trade in first 1hr candle of market opening . disclaimer- this is not any investment call or idea , this...
Taking support on the Trend Line and reversing. Best entry would be now with SL of 10% for first target of 20% CMP - 190 1st Target - 220 2nd Target - 270 (Might take some time) Stop Loss would be @ 170 Disclaimer: This is not a call. It is completely my own perspective. One must do own analysis before entering. I am not responsible for your either of profits or losses.
NSE:CNXIT Looks Good for Fresh Entry. NOT A RECOMMENDATION. JUST FOR EDUCATION.
Chart displays a compelling Darvas box pattern, indicating a consolidation phase and potential breakout opportunity. Long-range accumulation signals growing investor interest and positions being built for a potential upward move. Key Points: Darvas Box Pattern: Recognized consolidation pattern, suggesting a breakout in the prevailing trend direction. Volume...
Symmetrical Triangle Pattern: Indicates a potential continuation of the previous trend, suggesting a bullish breakout. Long-Range Accumulation: Prolonged accumulation often precedes a strong upward move, reflecting increasing investor interest and potential buying pressure. Higher Highs-Higher Lows Formation (HH-HL): Reflects an overall uptrend, reinforcing the...
Consolidation in a range from long time. Trendline broken out and a good bullish close above trendline. Stock seems ready for upmove. Though it alis a slow mover.
Looks like Nifty infra has given a buy signal on weekly, will try to breakout 6058 if that breaks out more chances to test the following targets Target1: 6500 Target2: 7175 Lets see what happens
#Wipro cash -Positional for 1 year 15.12.2023 Looks good above 460.10 & dips around 445 (after crossing 460.10) Stoploss 410 Tgt 590-600/700-720/800 Cmp 446.55
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...
TCS breaking a #trendline on WCB with good volume and rsi nifty IT is also given breakout educational idea
Route mobile #resistance #breakout with good volume and rsi trading above all key ema #target can be 1750 educational idea only