Hello guys here I am sharing the daily chart of Bajaj Finserv (THE GIANT) for why it falling down massively and giving one by one negative breakdowns on chart, So we can see after making a all time high touched to it's 20 day EMA taking support but gives a breakdown as closed below and started consolidation and taking support on 50 Day EMA but at the end gives...
PRECOT (W):- A falling wedge is formed by two converging trend lines when the stock's prices have been falling for a certain period. Before the line converges the buyers come into the market and as the result, the decline in prices begins to lose its momentum. This results in the breaking of the prices from the upper trend line.
Nifty Last time when Nifty closed at 16988 I had suggested that Nifty can attempt for 17200 / 17400 odd levels Nifty achieved it's 1st target but is struggling thereafter. In my Expiry range for 23rd March, I had given 17207 as an important upper resistance and only a close above 17233 would have opened doors for 2nd target. On the lower side 17065 was given...
In coming days we can see more weakness in stock if trading below 200 EMA. Shortly we can see the 690 to 650 levels soon in the stock. So add the stock in your watch list.This is for your educational purpose only.
Nifty Based on Chart set up and derivatives data analysis Likely expiry range for Nifty 17065 / 17100 on the lower side Upper side 17233 could be an important figure to look out for...!!! Take care & safe trading..!!!
Nifty - Managing to hold above the green trendline - managing to close well above VWAP - managing to close above 16985 (Closing figure of Thursday Doji candle) On charts, these are looking like positive signs for the Index so far. Given the chart setup, We might see Nifty once again attempt to regain 17200 odd levels and thereafter 2nd target in the current...
Look Khadim stock very well support taken but be very cautious very bullish candle or can say sudden spike in a single day might be fake BO. So lets settle the stock above the 50 EMA for some time or entry to be taken on re-test around 195-200 level . Keep & watch this stock . This is for your education purpose only.
#Watchlist #KPITTECH (3 D) Ready to ATH Breakout ? Breakout will confirm above 910 1- Positive chart structure 2- Horizontal breakout of 439 days 3- Weekly Resistance of 62 weeks Breakout Keep on Radar. #Disclaimer:-View shared it for educational purposes only.
The global biotechnology market was estimated to be worth USD 859.94 billion in 2022 and is expected to be worth around USD 1,683.52 billion by 2030, with a notable CAGR of 8.7% from 2023 to 2030. Investors should pay attention to productive small caps in the game, such as $HEM, which has shown immense growth potential in the years to come. Hemostemix, Inc. has...
Long IGL above 435 levels for the target price of 455-460 . All important levels has been marked on the charts. 5 star Trading setup analysis: 1- Star- RSI taken well support at 40 levels sharp V turn. 2- Star- Resistance BO with very strong bullish candle & trading at support level. 3-Star-- After the second BO of marked resistance area well confirmation and...
#Watchlist #PETRONET (W) Ready to break 294 days consolidation? Breakout will confirm above 240 Weak below 215 1- Stock Breaching 200 MA (W) 2- Horizontal breakout of 42 weeks 3- Weekly Resistance Trendline Breakout Keep on Radar. #Disclaimer:-View shared it for educational purposes only.
PEL strong support zone has been broken. You can see the levels 650-685 soon—trade as per your risk-to-reward ratio. This is for your educational purpose only.
ITD cementation stock respecting the TL resistance. If this stock is able to BO the TL then a good move can be expected in the stock. Long after the BO for the first target of 125 then 145. Keep trail SL once touched the fist target. Keep the stock in your watch list. This is for your educational purpose only.
Long Dixon at the bullish movement. Both entry points have been shown. Trade as per risk to reward. Scenario 1 - Can take an aggressive entry if a good setup is seen in the lower time frame? Pros- Can catch the bullish move at Breakout? Cons- Can BO be failed? Scenario 2. Can take a pull-back entry if a good setup is seen above the support area? Pros- Can be a...
#Watchlist #SCHAND (W):- Looking good for a 260/350 target, if 220 break with good volume. #Disclaimer:-View shared it for educational purposes only.
Watchlist #BANKNIFTY Fut (4hr Chart):- Bnf fut facing so many resistance on upside need to break 41980 for upsides, range for bnf fut is 41980 to 40870 for the day. #Disclaimer:-View shared it for educational purposes only.
Indusind bank giving double bottom breakout with good volume trading above 20ema target can be 1270 only for education