Star Cement Limited (NSE: starcement) is facing resistance at its recent all-time-high range. Now the stock closed above 170 + level, looks good.
NSE: SHANTIGEAR is closing with a bullish swing reversal 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 11% to 17% gain on...
Nifty on daily front formed a doji an indecisive candle.21900 undier still bearish, somehow it tried to find support at low of 21700 area today but in any case one more test to it could break that level 21500 can be easily acheivable on lowerside. On higher Higer only above 22000 bulls can be trusted. 21825 Below Short targets of 21765,21715,21700,21650 21950...
Tata Chemicals Limited (nse: tatachem) stock may face the next resistance barrier around the critical 1300 level. Closely monitor this zone. The stock's price action near 1300 remains a focal point, influencing strategic trading decisions.
NSE:SRF After Long-time Consolidation Breakout So watch For Holding
💎BAND is exhibiting signs of CHoCH (Change of Character) and BOS (Break Of Structure) towards a bullish market structure. Additionally, it has formed an inverse head and shoulders pattern, which increases the probability of a reversal. 💎If BANDUSDT manages to break out above the neckline and resistant area of the inverse head and shoulders pattern, it could...
💎 LSK is approaching a retest of the previously broken resistance zone, which may now act as support. However, it's important to consider a few points before making any trading decisions. 💎It's possible that LSKUSDT will attempt to trap traders by momentarily touching the supportive trendline before pushing upward. This could coincide with a potential pullback in...
#Deepak Nitrite cash -Positional call 21 March 2024 Looks good above 2160.10 Stoploss at 2120 Tgt 2240/2300 Cmp 2150
stock looking good above 600 level facing tuff resistance on 600 level got 2/3 time rejection if break 600 with strong candle it will good for swing simple price action no indicator if you need to view on any stock comment stock name and buying price holding period NOTE: only for educational purpose RULE: 1: always trade with stoploss 2: decide your risk per...
Nifty has given a 2% fall in a week and closed above 22k levels after testing 21900 levels. It consolidated around the higher level and gave a fall, there is a probability of it continuing the fall. If there is a gap down opening and a retest of the current support level of 21900, a bearish trade can be initiated after a negative price action around it. In...
A big red candle on the weekly charts after 4 consecutive green candle is either profit booking or a double top formation confirmation. Banknifty has come for selling but the downside movement is slow which shows there are still buying happening in the market. There is doji formation on the daily charts and a significant selling is not there in the index as...
NSE:VOLTAS has broken out after over a year of consolidation. Voltas started making higher bottoms after making double bottom pattern. Stock is showing great volumes. CMP 977 Breakout level: 930 SL: 899 Target: 1125 Stock can come back to its breakout level to retest the breakout. Retesting of breakout makes the breakout stronger. Note: It's weekly chart...
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...
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...
"The EUR/USD currency pair is currently poised for a period of consolidation, hinting at a potential bullish breakout on the horizon. Traders are closely monitoring the price action as it stabilizes, anticipating a surge towards higher levels. This consolidation phase often serves as a precursor to significant market movements, offering astute traders a prime...
stock looking good if close daily candle above 805 making higher low taken rejection on 800 level on time and 2nd time rejection on 800 level seller unable to push price at lower level make higher low again stock at the resistance level simple price action no indicator if you need to view on any stock comment stock name and buying price holding period NOTE: only...
💎 SHIBUSDT presents a potential opportunity if it manages to break above the resistance zone and resistive trendline. 💎Currently, SHIBUSDT is forming a W pattern at the Bullish Order Block (OB) level, indicating a potential bullish move following a breakout above the resistance and trendline. 💎In the event of a pullback, we might anticipate another bounce from...
The market has consolidatein the 1W Time frame and retest it. This is a good Opportunity to buy at market Price and can given 52% Returns or even more. Entry Price :- 923 Stop-loss :- 883 (40 Point) Target :- 1405 NSE:TATACONSUM