Titan has formed a bearish chart pattern called Triple Top. Triple top is a bearish chart pattern which is formed in an uptrend where three tops are lying on a flat horizontal resistance line and pattern will activate only when closing below the neckline or support. Pattern will activate only below the closing 3475 marks. Triple top pattern is one the rarest...
Analysis A five wave decline from 107.34, the high on Oct 03, 2023 to 100.62, the low on Dec 28, 2023. In Elliott terms, this impulse structure tells us that the movement at the next larger degree of trend is also downwards. Within this impulsive structure, wave (i) is a Leading Diagonal, wave (ii) is a Flat which neatly predicts a Zigzag wave (iv) by...
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Prices advanced in five waves from 0.6477 to 0.6667. This wave pattern is significant because impulse waves identify the direction of the larger trend. Thus, the five-wave advance in AUDUSD implies further buying to come that would push prices above 0.6667 as wave (iii). The subsequent decline that is developing in three waves supports this analysis. Counter trend...
Asian Paint is about to complete the formation of Rounding Bottom. Rounding Bottom pattern will activate only after the breakout of the Neckline - 3040 level Rounding bottom chart pattern is a bullish reversal pattern which is formed at prior intermediate support level and hold this level from 2021. Long trade will initiate only after the neckline...
Buy when stock reaches 179.55 and if breakdowns hold for 165 and 157.75. The stock has the potential to HIT 214.85 and 253.55. The company is decent in the FUNDAMENTALS
This stock is looking strong in weekly and daily charts. The company has given a strong breakout on daily chart of 428 resistance level. This resistance level is created in Dec 2020 i.e 3-year ago. Generally we have seen if a stock gives long term consolidation breakout, big upside moves can be expected from the stock. The stock is from pharma sector and pharma...
All details marked on the chart. Trade with a Stop Loss. Trade well. --- --- --- When we lose money, it is human nature to want to make it all back twice as quickly. Slow down, keep focused, and stick to your strategy.
🔍 Technical Analysis Update for NSE:HINDCOPPER - Week Starting January 23, 2024 📈 Entry Point: Consider entering the trade if the price crosses ₹275.40. 🎯 Target: Aim for a first target at ₹289.45. 🛑 Stop Loss: Set your stop loss at ₹230.60 to manage risk. 💹 Indicators Summary: Parabolic SAR: Buy signal initiated around ₹245.00. EMA & MA...
Entire tyre manufacturing companies are in good position. This tyre manufacturing company has given a strong breakout on daily and weekly chart. Volume near the breakout is also increasing which is good sign. The stock is in blue sky zone hence, possible targets in the chart can be calculated using Fibonacci retrenchment tool. Disclaimer: Stock shared is for...
Chart patterns are the most loved trading strategy among traders. There are different kind of patterns traded in stock market. One of which is inverse head and shoulder - a trend reversal pattern. Upon formation of this pattern the stock trend get reversed. Generally if the stock is in consolidation phase then this pattern is seen. Now here I have observed...
The stock is giving confirmation of its uptrend by breaking out level of 56. The next resistance om the chart is seen at around 80.
- USDT Dominance works inversely with the Crypto Market - USDT has been following my path and I firmly believe this wave could lead to every alt jump soon. - The narratives are obviously going to be there playing out in a different way but make sure you follow this closely - Once you see this approaching it's previous lows try cutting down your size in Alts and...
Indo Borax & Chemicals Ltd | A Momentum Stock was incorporated in the year 1980 in Asangaon and its first Boric Acid plant was established in the year 1981, followed by the establishment of a Borax plant in 1983. Fundamentals: excellent Market Cap =₹ 604 Cr. ROCE = 28.7 % ROE = 21.0 % Debt to equity =0.0 Promoter holding =52.1 % Quick...
HCL Technologies Ltd | A IT Sector Momentum Stock HCL Tech is a leading global IT services company, which is ranked amongst the top five Indian IT services companies in terms of revenues Financial :Strong Market Cap n= 3,96,928 Cr. ROCE = 28.3 % ROE = 23.0 % Debt to equity = 0.08 Promoter holding = 60.8 % Quick ratio = 2.56 Current ratio =...
Stock has given strong BO on daily chart with good volume maintaining supportive Trendline, near to ATH, follow chart for proper support and resistance levels.
📌SWING TRADE FOR NEXT WEEK🚀 Hello guys, I am a swing trader by passion i only trade on swing stocks. 📌I post daily SWING CHARTS analysis on my trading view profile.. so let's start 📌TRADE ANALYSIS OF POLYMED :- •Breakout of Darvasbox on DTF with strong candle •Break major Resistance •Volume increases last few day high •Bullish trend/ make good structure...
Stock 113 to 193 as per previous analysis, again after retesting ready for another breakout, follow chart for proper support and resistance levels.