Overview & Observation:
1. Trendline break.
2. Change in price structure.
3. Prices are reversing with double bottom formation and breakouts are sustaining.
4. Buyers have started dominating
5. Good volume support is also present.
6. Momentum will be slow since multiple hurdles are present!
Trade Plan
Entry = CMP
SL = 10%
TP = Minimum double and more based on...
Trade Idea Description:
Despite weak earnings, the potential for better quarterly results could trigger a breakout.
Here’s the plan:
- Entry Point: At CMP 691
- Stop Loss: 10% below the entry around 640 on candle closing basis.
- Target: Aiming for a 50% upside, 1:5 risk-reward ratio
With minimal downside risk, this is a compelling long-trade opportunity.
-...
Gulf Oil Lubricants India Ltd - CMP: 464
Technically:
Falling Channel Pattern
Consolidating in a zone for some months now
Ideal time to accumulate for long term
Target 1: 558
Target 2: 673
Target 3: 838
Stop Loss: 375
Fundamentally:
Strong Promotor Holding
The Co has bought back its 14,16,667 equity shares at Rs 600 per equity share in cash on Feb'22
Consistency...
An inverted Head & Shoulder Chart Pattern Breakout happened on the weekly Time frame of BSE:AVANTI
Price Action is well supported by the volume.
The stock is currently in uptrend making higher highs and higher lows.
One can add this stock into their stocks to buy list.
Initiate the long trade only according to the levels mentioned.
Stop loss will be on...
BankNifty Future Analysis for Today 24th May 2023
As per our #analysis for #BankNiftyFuture, we are expecting these Intraday levels today, kindly check the charts on 15 min time frame and act accordingly.
#IntradayLevels
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market...
#BankNifty Future Analysis for #Today 22nd May 2023
As per our #analysis for #BankNiftyFuture, we are expecting these Intraday levels today, kindly check the charts on 15 min time frame and act accordingly.
#IntradayLevels
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live...
1) Strong weekly close above Previous ATH 476.
2) Trend goes in an uptrend channel - Weekly TF.
3) The weekly uptrend channel trend's resistance is at 553.55 and that will be the target 1.
4) In monthly TF - There is a Cup with Handle pattern breakout. As per Monthly TF and Pattern - The Target (Resistance) is at 660.
5) Strong Buy.
#BankNifty Future Analysis for #Today 4th May 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Zero Line (Previous Close): 43312
#IntradayLevels
#Bulls can be active above: 43368 For the Levels Above
R1 - 43472
R2 - 43578
R3 - 43713
#Bears...
#BankNifty Future Analysis for #TOMORROW 3rd May 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Zero Line (Previous Close): 43367
#IntradayLevels
#Bulls can be active above: 43427 For the Levels Above
R1 - 43516
R2 - 43614
R3 -...
#BankNifty Future Analysis for #Today 2nd May 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Zero Line (Previous Close): 43217
#IntradayLevels
#Bulls can be active above: 43300 For the Levels Above
R1 - 43354
R2 - 43472
R3 - 43598
#Bears...
#BankNifty Future Analysis for #Today 28th APRIL 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Disclaimer : All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or...
#BankNifty Future Analysis for #Today 26th APRIL 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Zero Line (Previous Close): 42696
#IntradayLevels
#Bulls can be active above: 42755 For the Levels Above
R1 - 42878
R2 - 42991
R3 - 43135
R4 -...
#BankNifty Future Analysis for #Today 25th APRIL 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Zero Line (Previous Close): 42652
#IntradayLevels
#Bulls can be active above: 42732 For the Levels Above
R1 - 42812
R2 - 42922
R3 - 43073
R4 -...
ITC creates a box on weekly time frame and when it breaks the any side then gives fast move we have seen RSI is showing the coming up side on daily timeframe.
XAU USD 4 HR in Strong 4 Hr TF Resistance
XAU USD 4 HR Looking For Sell in Uptrend Correction in 4 HR TF
CHECK The Chart
Looking Like Correction from 4 hr resistance for next uptrend\
