Triangle breakout is expected in MHRILElliott Wave Analysis:-
A triangle is formed and a upside breakout is expected in a weekly pattern.
Trend
Double Bottom pattern breakout in BPCLBHARAT PETROLEUM CARPORATION LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Dobble Bottom Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 305+.
✅Can Go Long in this Stock by placing a stop loss below 298-.
Falling Wedge pattern breakout in BAJAJFINSBAJAJ FINSERV LTD
Key highlights: 💡⚡
✅On 1 Hour Time Frame Stock Showing Breakout of Falling Wedge Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1631+.
✅Can Go Long in this Stock by placing a stop loss below 1591-.
Nifty on Radar, View for 24-JuneThe price has been following a divergence pattern between rsi and price.
Already the price has been rejected by the same levels. The breakdown of the level 23,334 could start a downtrend and could test the support level of 23,110.
Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Reversal Bullish Flag pattern in NAUKRIINFO EDGE LTD
Key highlights: 💡⚡
📈 On 1 Hour Time Frame Stock Showing Reversal of Bullish Flag Pattern.
📈 It can give movement upto the Reversal Final target of Above 6365+.
📈 There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto Above 7115+.
📈 Can Go Long in this stock by placing a stop loss Below 6040-.
2 Amazing swing trading ideas for 13 June Markets I make educational content videos for swing / positional trading
Nifty on Radar - 6 JuneToday we have an indecisive candle, but the price has managed to close in the positive zone.
The price could test its supply Zone but on the downside we are at higher risk.
Technically we are in no trade zone.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
#NIFTY Intraday Support and Resistance Levels -13/05/2024Nifty will be gap up opening in today's session. After opening nifty sustain above 22080 level and then possible upside rally up to 22200 level in today's session. in case nifty trades below 22020 level then the downside target can go up to the 21900 level.
EXIDE INDUSTRIES - All Time High BreakoutEXIDEIND
1) Time Frame - Monthly.
2) ALL TIME HIGH breakout in monthly.
3) Primary trend will act as a resistance / profit booking zone in the long term at (Price 393).
4) Recommendation - Strong buy
Island Top - Reversal Pattern, Rsi DivergenceIsland Reversal,
A significant gap up, or sharply higher price at the open, follows an upward price trend, then reverses to a bearish price trend.
Rsi divergence implies a change in relative strength as compared to price movement.
The price has come out of the regression channel.
Probably we are in the 4th wave, which means we have completed the top of the 3rd impulse wave. This would be confirmed if it closed below 21550 in the coming weeks.
NRB BEARING POISED FOR HIGH TARGET The trend and automobile sector is poised to make new highs due to many factors.
Disclaimer
Please make your decision based on your own study it's my idea for educational purpose.
StockStock above life time high
Breakout ascending triangle pattern
Sustain above 1500 level
Volume spike
Look at previous volume buildings
Low PE ratio stock
Under value stock compare to peer company and it's PE previous life
BUY NIFTY FUT 22150-55 SL-22084 TGT-22280REASON FOR BUY :
1 Bullish Engulfing formed in 1H low
2 Price closed abv SMA in 1H
3 MACD is in Positive in 1H and Daily
ICICI PRULI: Good to go LongICICI PRULI is good on fundamentals.
Price action is showing strength. Do keep this stock in your watchlist.
EURJPY 4H buy setup | going to take the buyside liquidity Confirmations:-
1] strong bullish strength from weekly to 4h time frame
2] break of structure
3] Fibonacci 50% zone
4] imbalance area
Target confirmations:-
1] buyside liquidity - 1:3.4 RRR
NZDUSD 4H short position | fvg entry updateThis is the update of my previous post on NZDUSD 4H sell setup , beautiful 1:3.5 RRR trade
TECH MAHINDRATrend Analysis for Tech Mahindra : Will it cut the support or bounce back and go bullish ?
EURAUD long on 4h, MSS with engulfing bar confirmation Confirmations:-
1] mss
2] engulfing bar
3] trend continuation
Target confirmation:- buyside liquidity area
IIFL SECURITIES - PREVIOUS ALL TIME HIGH BREAKOUTIIFLSEC
1) Time Frame - Monthly.
2) ALL TIME HIGH breakout in monthly.
3) Primary trend will act as a resistance / profit booking zone in the long term at (Price 204).
4) Recommendation - Strong buy
NRBBEARING - All Time High / BreakoutNRBBEARING
1) Time Frame - Monthly.
2) Primary Trend strong breakout & All time high.
3) Expect 17.5% ROI in upcoming days.
4) Recommendation - Strong Buy
42K-47K Resistance zonePrice is Out of regression channel & breakout is upward, that shows the strength of the trend But the now price has reached juncture where it could face a resistance
Weekly Swing - AARTI DRUGS LTD Weekly Swing - AARTI DRUGS LTD
Trading in 491. it would be go long
This view Educational purpose only.
Markets can break on upside either today or tomorrowThere are chances of market crossing up and keep the target of 20,115. with an SL of 19,757.
A cup and handle is also being formed.
Disclaimer: I am not a SEBI Reg. analyst. Please do your own research and analysis before investing.
