nifty 50 on monthly time frame here is a flag and pole pattern in nifty 50 chart
Observations - we are looking at Post 2008 Global meltdown era - the chart here is Nifty weekly chart - we have used 252 week EMA for our thesis - A Cycle here is defined as the rise of Nifty from 252 week EMA - making a top and then retesting the 252 week EMA - correction only to the point of 252 EMA is taken in to consideration - to cut off the noise, only...
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
Computer Age Management Services Limited (CAMS) is ready to give breakout above the range of 2640-2680. Watch out to catch it before breakout, can add it in dips near support region. Moreover, a very strong fundamental company with a strong market share of approx. 70% in Mutual Fund Industry.
in higher timeframe market is currently bearish forming LH and LL. market after hitting a 1d imbalance form CHofCH 1h 4h timeframe telling market could possibly reverse from downtrend to uptrend in lower timeframe to fill the imbalances which was left open. market came back and fill the imbalance below and show a large push up showing buyers are in control there...
Go Fashion India Ltd (D) Breakout + Retest Candidate Positive Relative Strength Positive Sector Relative Strength more than 70 Buyers Demand A+ EPS > 60
Eicher motors rising with support of down side trend line keep trend in chart before taking any trade decision
price supported with rising trend line forming also short trend line up side once it beak will see good move in intraday also watch for trend line breakout or breakdown 4333 important level for stock
Double Bottom Pattern In Upl 1H TIME FRAME, Buy above:- 675, Sl:-660, Target:-700,And 725.
Where is Nifty headed? Will it hold above 17,100? Or is it likely to break the 17k mark owing to weakness by Infy's results?
AS you can see EURUSD following his downtrend so according that I expect this move
Bata India is heading upwards after retesting the breakout which is a big move ahead
VAISHALI- Crossed Weekly and Monthly Pivots Upside. Today High is equal to 5 W high. Stock is trading in Squeeze for the past 3 days. Close is above 20 SMA on Daily, Weekly, and Monthly time frames. On the Daily time frame, SMA 13>34>55 and Close crossed D13 Upside. RSI- M:70.3 WK:67.3 D:57.8 Normal NR7 - Breakout Add to watchlist and trade after own...
Nifty - we had already marked the red zone as resistance zone Today we see a big gap down exactly after Nifty got rejected around 17320 odd levels. Are you surprised or were you prepared? Going forward - we are looking at 15 minute candlestick chart pattern - we observe that the zone of 17026-17060 is very crucial for Nifty - between September 28, 2022...
As I can see that Gold is following his trend so according that I think that gold will follow this trend which I market
NSE:LTI Stock -> LTI TimeFrame -> Weekly Hello all! LTI has been moving in a pole and flag pattern. It fell to its support in May 2022 and showed a strong bounceback in July 2022, thus also breaking the flag. This I believe presents a good opportunity to go long! There are multiple other factors that strengthen my conviction on going long: -The bounceback came...
Grasim formed an inverted " HEAD AND SHOULDER PATTERN " and the first target of 1700 is achieved. Now it's trying to cross the zone 1650 - 1700. Thus the Volume in Grasim looks good near the resistance level of 1700. BUYING - 1704 or above we can look for buying and a morning 5min candle should close above 1700 will give a good rise. - we can look...
NSE:IBULHSGFIN HELLO GUY"S i saw a setup inside this stock