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Trend Analysis

LAURUS LAB By KRS ChartsDate: 21st Aug 2024 Time: 9:32 AM Why Laurus Lab? 1. Correction Wave was finished with 5th wave low in Mar 2023, after that it gradually moving up and made upside channeling. 2. Currently price is sustaining above 100 EMA and likely to reversed from that too. 🤞 3. why I'm keen to post L Lab is because along with both above points its likely to close and try to be making Morning Star at bottom in 1W TF. Lauras Lab is at better price at this level with Future Targets of 525 and 605. SL would be flexible Weekly Closing Below 100EMA Once Morning Star Closing will confirm at end of this week this trade will Activated 🎇
NSE:LAURUSLABSLong
by KRSCharts
2
Apollo Micro Systems buy set upApollo Micro Systems is currently showing an interesting technical setup for traders. Here's a detailed price action analysis: **Current Price and Trend** The stock is currently trading at ₹98.41, with a recent upward movement of 4.31%. The price action suggests a promising technical setup with several key observations: **Technical Highlights** - **Trend Indication**: The price is showing an uptrend, characterized by higher highs and higher lows - **Breakout Potential**: The stock is testing a 0.5 Fibonacci retracement level and appears ready for a potential breakout **Key Trading Levels** - **Buy Trigger**: Above ₹105 (confirmed breakout level) - **Stop Loss**: Day's low below the breakout candle - **Potential Target**: ₹170, offering a potential upside of 62.4% **Volume Perspective** - Recent sessions show above-average volume (45% above average) - Indicates growing buyer interest and active participation **Technical Indicators** | Indicator | Signal | Analysis | |-----------|--------|----------| | PSAR | Bullish | Bullish crossover and sustaining | | MACD | Strong Bullish | Bullish crossover with trending momentum | | Donchian Band | Bullish | New high created and above middle band | **Trading Strategy** - First position can be added during accumulation phase near ₹98.41 - Second tranche can be added once stock clears ₹105 with conviction **Risk Management** - Favorable risk-reward ratio - Adherence to stop-loss is crucial for disciplined trading **52-Week Performance** - 52-Week High: ₹147.55 - 52-Week Low: ₹87.99 **Outlook**: The stock shows potential for an upward move with strong volume support and a clear breakout trigger. Traders should watch for sustained buying momentum and confirmation above ₹105.
NSE:APOLLOLong
by KarniKripaa
PRINCEPIPE LONGThe Elliott Wave Theory's description of the structure and pattern of price movements in financial markets is known as the Elliott Wave Structure. The Elliott Wave analysis indicates that the stock has completed waves (i) and (ii), which are shown as blue numbers on the daily chart. Journey of Wave (iii) is started. It is anticipated that wave (iii) will have about five subdivisions shown in red color. wave i (in red color) of wave (iii) will unfold in five sub waves shown in black circle. Wave levels of wave i in red color is shown on chart. I am not a registered Sebi analyst. My research is being done only for academic interests. Please speak with your financial advisor before trading or making any investments. I take no responsibility whatsoever for your gains or losses. Regards Dr Vineet
NSE:PRINCEPIPELong
by drvineet
11
SOLANA with the perfect Bullish Structure!1. Descending channel 2. Bullish Pennant 3. Support Zone - 176$ - 183$ Solana is set to go crazy in January. Brweing an extremely bullish structure silently. It by far has the strongest structure to break above and continue 5-10x. Break and re-test above 210$ level and the descending channel will confirm a healthy bull run. I am extremely bullish on this one right here. It'll also help other ALT-Coins gain momentum overtime, specially those which are built upon SOL network. My positions are leveraged at 3-5x as well. Expecting some massive profits! HODL is ON baby! Let's Go Bulls!
Long
by Mukul_9
BTC ready for the ultimate pump?BITCOIN is cooking something huge. Taking support between the 90k - 93k range multiple times. Holding strong. Bulls are not ready to give in. All the dips are crazy buying opportunites. Markets just keep on shaking off highly leveraged positions, that's why we're seeing all these long wicks, grabbing liquidity , hitting stoplosses . It's an extremely healthy process which transfers Bitcoin from weaker hands to stronger hands, which is ultimately extremely helpful for a long bull-run. If you wish to invest, then don't over-leverage yourself. This is the moment for BTC / ETH / SOL and all other ALT Coins. We will be experiencing an Alt-Coin season like never before! Off the charts, Off the scripts! 20x-50x returns for sure. I'm personally very positive about crypto for the first half of 2025 at least, advice you to gear up as well! Keep HODL -ing fellas! It's now or never! Happy New Year!
Long
by Mukul_9
5
IGL has given beautiful Trendline Resistance BreakoutIGL - Price Action Analysis and Observations * CMP 392.00 * Trendline resistance breakout with volumes slowly increasing * Multiple touches on the trendline * Gap zone 403 might be filled first * An hourly close above 405 would be sufficient to reach 440-445 * Once 440 is reached we will see how the candles react and then decide whether it will reach 480-500 * SL could be below 360 on hourly closing basis Thanks. Regards Bull Man
NSE:IGLLong
by bullmanacademy
5
Pre Market analysis for 31/12/2024 Pre Market analysis for 31/12/2024 #NIFTYBANK If market opens flat and breaks 50650 level, will plan for selling for target 50000 level. If market opens gap down, and sustains below 51650 will plan for selling for target 50000.Wait for 15min candle close below level. If market opens gap up, and sustains above 51450 level, then plan for buying for target 51950. Disclaimer:-All views are my personal and only for educational purpose. #StockMarketIndia #LetsLearnTogether
NSE:BANKNIFTYLong
by EmpireCrown
IRFC at a Crossroad: Will Bulls Take Charge or Bears Dominate?IRFC is showing signs of consolidation near the ₹149 level, which coincides with the 0.618 Fibonacci retracement zone. This area has acted as strong support historically, and the stock is currently trading within a descending channel. With the upcoming Union Budget 2024-25, there is growing anticipation around announcements for increased railway infrastructure funding, which could act as a major bullish trigger for IRFC. Bullish Scenario • A strong breakout above ₹186 (0.786 Fibonacci level) could signal a fresh rally. • If positive news related to higher railway capex or infrastructure growth emerges in the Budget, IRFC could target ₹200 initially and extend toward ₹226 (its all-time high). • The stock may gain investor confidence if the government focuses on policies to enhance public financing and infrastructure growth, further boosting its long-term outlook. Bearish Risks • Failure to hold ₹149 support could lead to a retracement toward ₹125 (0.5 Fibonacci level). • A lack of impactful Budget announcements or weak market sentiment could pressure the stock to test lower levels around ₹101. For bullish traders, this is a critical level to monitor. Watch for any breakout confirmation above the channel, as it could pave the way for a significant upside. The Budget announcements are likely to play a pivotal role in determining the stock’s direction. Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Market movements depend on several factors, including policy changes. Please conduct your own research or consult with a financial advisor before making any investment decisions.
NSE:IRFC
by Veersoni108
Bharati Airtel Ltd view for Intraday 31st Dec #BHARTIARTL Bharati Airtel Ltd view for Intraday 31st Dec #BHARTIARTL Resistance 1600 Watching above 1603 for upside movement... Support area 1570 Below 1580 ignoring upside momentum for intraday Support 1570 Watching below 1568 or downside movement... Resistance area 1600 Above 1580-1585 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,
NSE:BHARTIARTLLong
by EmpireCrown
Hindalco industries Ltd view for Intraday 31st Dec #HINDALCO Hindalco industries Ltd view for Intraday 31st Dec #HINDALCO Resistance 608-610 Watching above 611 for upside movement... Support area 600 Below 605 ignoring upside momentum for intraday Support 600 Watching below 597 or downside movement... Resistance area 608-610 Above 605 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks,
NSE:HINDALCOLong
by EmpireCrown