On Tuesday, BankNifty opened gap down, bounced to a high of 53,235.25, and fell to a low of 52,817.80 before closing at 52,922.60, losing 55 points from the previous close. It broke the 125m Demand zone (52,847.90 - 53,136.10) mentioned in the last post, but managed to close inside the zone. As highlighted earlier, if BankNifty breaks below 52,847 with volume and...
Gold - I am looking for Bullish Butterfly. Resistance = 2650, Supports 2642, 2636, 2631, 2619 and 2613.
Hello Everyone. The market was in a very tight range the previous day. Let the resistance or support range break with 15-minute candle before going for any trades. If the market opens flat then we can see continuation of trend. If it opens gap up then we need to see the resistance level to break before looking for CE trades. If it opens gap down then look for PE...
Indusind bank is showing strong bullish hints After next week rally will start Already made 4th wave correction Next implement will be trending by wave nature This is for only educational purposes. *Trade with your own risk to reward. *Consult you financial advisor before taking any trades.
On Tuesday, Nifty opened with a gap down, hitting a high of 25,907.60 before dropping to a low of 25,739.20. It ultimately closed nearly flat at 25,796.90, losing just 13 points from the previous close. The Weekly and Daily Trends (50 SMA) remain positive. The Demand and Supply zones for Nifty are unchanged from the last post. Demand/Support Zones: Near...
JK CEMENT, is perfect stock to short , so watch it till our level and short it, and after our level go long for our target, so lets see what happens in the stock
Greenply is in short term falling stock , so u can watch it for selling till the level 320 to 310, its best entry in the stock around 310 to 320 with strict stoploss of 299, for the target , watch it have patience and get proper reward
A double bottom is a bullish reversal pattern in technical analysis, often seen in financial markets. It resembles the letter “W” and indicates that the price of an asset has hit a significant support level twice and bounced back each time, suggesting a potential reversal from a downtrend to an uptrend12. Here’s a quick breakdown: Formation: The pattern forms...
Expecting eurusd up movement as price at 4hr demand area.. note the demand support may break down possibility 50/50 %
Hi guys currently this is a one wave analysis i will share more chart of idea if this is happen I am sharing a analysis of idea share which is current trading at 10rs levels, I am thinking this share will change their trend from 5-4 Rs where this share will complete its second wave as per my analysis we can sit in this share with the previous low which is of...
From June 2024 this stock price forms Traingle like structure and price is currently at the bottom. Also formed Morning star structure on 26 September and the price is trading the same range. We can place tight SL at 1503 and have target at 1600.
HAL Is rising stock, now its downtrend is over and now it is ready to move towords our target , in next few days it will achieve our target, so wait and watch it
The Stock Has Forming Resistance From 2011. Stock Has Broke The Resistance on july 2024. RESISTANCE 1 at 418 on 2nd MAY 2011. RESISTANCE 2 at 440 on 1st JULY 2015. RESISTANCE 3 at 486 on 1st FEB 2024. Stock has given breakout at 490 on 2nd MAY 2024. Retest Has Been taken at 490 on 2nd SEPT 2024. BUY THE STOCK AT 508 🎯SAFE TARGET🎯 AT 650 STOPLOSS🔻 AT 480.
This company has great financials with increasing sales, PE less than the industry PE, Positive cash flow and stable dividend.
Price consolidation happening after a downtrend, This company has showcased increasing sales, positive cashflow and adding assets for development.
BEL CMP 283.95 This stock is in a strong bull trend. Hence this correction of 20% from the highs is a welcome opportunity. The stock has bounced back from the Fib confluence at 264/266. Currently it is taking support above the crossover of the two trendlines. This means tremendous support. Lastly, RSI testing the trendline after breaking it and also above the...
Since May 2021, ETH/BTC has been forming a falling wedge pattern, which mirrors the setup seen during the previous bull cycle. Based on the current technical structure, the 0.040 to 0.036 range appears to offer a favorable entry point for converting Bitcoin into Ethereum, providing an opportunity to increase Satoshi holdings. While a worst-case scenario could...
Silver seems to be testing the weekly resistance trendline and a breakout from this resistance can generate a good bullish move in higher side; First target will be 34 and then can go higher near 36-38 area