A bullish "Bottom Triangle" chart pattern on Paisalo Digital Ltd ( NSE:PAISALO ). This pattern suggests a potential upward movement in the stock price from its current close of 73.45 to a target range of 83.00 - 87.00. A Bottom Triangle pattern typically forms over a period of uncertainty or consolidation, characterized by two converging trendlines as prices...
Analysis The advance from Oct. 03, 2023 low of 1.0448 to 1.1140 subdivides into five waves. This wave pattern is significant because impulse waves identify the direction of the dominant trend. Thus the five wave advance implies further buying to come that would take prices above 1.1140 as wave 3. The subsequent decline in EUR/USD is developing in three...
The advance from Mar 24, 2023 low of 86.06 subdivides into five waves. Notice that this price action contains overlapping waves that contract and form a wedge shape. That is the emblem of an ending diagonal which cues a swift and dramatic reversal on the horizon. According to Elliott Wave guideline, the expected reversal is projected to reach at least the point...
🔍 Technical Analysis Update for NSE:HINDOILEXP - Week Starting January 23, 2024 📊 Current Status: The stock closed at a high of ₹186.85 on the last trading day. It has been range-bound since August 2023 but recently breached a six-month high before closing just below it. 📈 Entry Point: Consider entering the trade if the price crosses and sustains above...
HDFC bank is in correction mode. As per Trend line shows on chart, it may take support near 1540-1500 for reversal. If it reverse from these level it may test 1700 and next target would be 2180.
All the key points, aspects, and probabilities are clearly mentioned on the Chart. Kindly do your own research before entering. THANK YOU
Holding long on BEL- Actual buy 97 holding for 121. CMP 107.30 immediate support @104 hurdle @111 closing above 111-112 shall test 121 in medium term.
Positionally going short in ITC with stoploss of 436 Actual sell price 426 -> downside tracking 383-353.
Went short in nifty below yesterdays high @18340 Immediate stoploss 18366 -18389 holding towards 18268 and below 18268 shall test 18200
I daily make educational content videos for swing / positional trading
Positionally going short on ICICIBANK actual sell price @944 immediate stoploss @950 positional stoploss @961 Shall continue to hold the short below 926 for higher gains.
Nifty 17564 If you have been following me, Nifty has respected most of the levels identified with the help of Technical Analysis The yellow zone above 18000 has been drawn long back. You can check my previous post Thereafter, I have been suggesting this case: if Nifty starts trading below the blue line then probability is very strong for Nifty testing...
Tata Motors - trading near 200 day EMA - 50 day EMA around 429 - trend line resistance around 460 - 470 another resistance zone - Support at 380 Given the set up, strategy for June expiry Consider selling 480 Call option and 360 Put option Lot size: 1425 Net incoming: 10.25 approximately Profit potential Rs 14606 per lot (10%) Risk if Tata Motors closes...
CMP - 6715 TARGET - 2% STOPLOSS - 6543 (Trailing) Naukri.com is an Indian employment website operating in India and Middle East. Naukri.com was founded in March 1997 by Indian businessman Sanjeev Bikhchandani, who started Info Edge Ltd. in 1995.
you can think of buying IOLCP becuase it has strong momentum and can move great heights for a short term, might hover around green line but keep stoploss when price closes below green line, Happy Trading :)
Grandfather , Father , Son is a five star trading strategy. A good opportunity to enter a trade, daily rsi is at 40 support , weekly and monthly above 60. if you don't know , you can learn it from youtube.
Infy Observation - After result announcement, Infy goes into consolidation mode for a 2-5 weeks - it then has rallied 17-27% till the next result announcement (calculation done on a opening or closing basis) - current rally is measured at roughly 21% so far and another 9 trading sessions to go - if Infy is to follow the blue channel, then we have be at the...
🔰 MY thought process : ⭐The resistance zone of 2600, now is a good buy spot for this stock ⭐Made a good pattern above it ⭐Triangle pattern it was, BO on 1hr given, potential swing trade is ON ⭐Risk and targets are marked :) 🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in...