Bearish pennant pattern formed in Reliance 15 min timeframe. Go short once price breaks down and goes below~2408.65 level which appeared to be a good area of resistance and support First Target: ~ 2399.00 Second Target: ~2386.00 and so on This is just for educational purpose. Please do your own research before investing or trading Happy Days
Looking good on weekly charts with BO in trend and good support from fib levels
## Trade Details - Name of The Stock : **Sarda Energy & Minerals Ltd.** - Type of Trade : Momentum Investment or Positional Trade - Duration : More than 60 days - Entry Level : Between 1600.00 to 1700.00 - Stop Loss : Initial 1425.00 (Trail accordingly) - Target : above 2500.00 --- ## Chart Details - Stock has started new rally - Accumulation started from 1200...
Very low inventory of stock, higher demand in ev segments, I m very bulish on this commodity For intraday my stoploss is 438 first target is 445 and then 455
In the Weekly Chart of BAJAJFINSV , we can see that, it has formed a Bullish Hammer candle. Expected momentum is shown in chart. BAJAJFINSV looks bullish in chart. We might also see formation & Breakout of Cup & Handle pattern in coming weeks.
In the Weekly Chart of IEX , we can see that, finally it has strong recovery by breaking the Trendline. Let it retest and then enter with SL and Targets. This can be a Buy at Bottom Opportunity. Enter with 1000 Qty and hold till 3 years like you hold Mutual funds.
Hindalco breking double bottom good volume strong RSI MACD crossover done near target🎯 500+ educational idea only
In the Weekly Chart of GNFC , we can see that, it might respect the Range one last time and then show an up move. Expected momentum is shown in chart.
In the Weekly Chart of ZUARI , we can see that, it has multiple rejections at 165-170 levels. Enter on breaking Inverted Hammer Candle's High with Low as SL. Go very Long at least 6 months.
In the Weekly Chart of HAVELLS , we can see that, finally it has given Trendline breakout and shown a W shape recovery. Let it retest the Trendline and the enter with SL and Targets.
In the Weekly Chart of ORIENTELEC , we can see that, it has mad a Decision Making Candle. Possible momentums are shown in charts. If it breaks the Candle's high, this will called as W Pattern breakout. If it breaks down, it might test the lower levels again.
In the Weekly Chart of CENTRALBK , we can see that, it is now ready for Big Cup & Handle Breakout & Strong up move. Expected momentum is shown in chart.
In the Weekly Chart of UCOBANK , we can see that, it has retested the small Triangle breakout and it is now ready for Strong up move. Expected momentum is shown in chart.
In the Weekly Chart of KOTAKBANK , we can see that, it has mad a Decision Making Candle. Possible momentums are shown in charts. If it breaks the Candle's high, this will called as W Pattern breakout. If it breaks down, it might test the lower levels again.
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...
Bank Nifty Actionable Idea #Current Price- 43989 #Resistance- 44073 #Support- 43905 #Target 44173 And 44287 we can expect after a break of Resistance #Target 43806 And 43704 we can expect after a break of Support #Execution only after break and close above or below from resistance or support 15-minute candle. #Stop Loss above or below from resistance or...
On a weekly chart, the stock emerging out of the base could be an ideal buy zone (65-68). Maintain a strict stop loss between 5-8% incase the trade goes wrong. PS: Not a buy/sell recommendation. Do consult your financial advisor.