Many altcoins are forming similar patterns after retesting their bottoms. It looks like with the upcoming BTC new ATH, we will see an altseason in parallel. Let's see
Network 18 Stock Breaking out of an Accumulation phase📈 The stock has witnessed an accumulation of nearly 20 weeks and may be a good pick in the short term. It upholds a potential of nearly 40% if confirms a breakout above 96 on weekly chart✅ Entry: Above 96✅ SL: 77❌ TGT 1: 117🔥 TGT 2: 136.31📈 Positional ones may hold till 171📈 Note: Its better to apply a 3...
BTCUSD SHOWING A GOOD UP MOVE WITH 1:6 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline...
Before the result announcement, A bullish breakout is expected till 19 with resistance levels at 17.26, 18.50 Bullish invalidation below 15.88 with lower side targets at 14.57-14.75 and 13.86 as T1 and T2.
Alembic Pharmaceuticals Ltd (APLLTD) IS LOOKING GOOD ON WEEKLY CHART. There is Inverted Head & shoulder forming in weekly chart. Targets T1, T2 are mentioned in chart.
Date: 31.07.2024 Stock: ACC Timeframe: Day chart Remarks: 1 Currently taking support/resistance between 50 ema & 100 ema. 2 If breaks flag below 100 ema then weak, look for 200 ema as target/support. 3 If breaks 50 ema upwards after taking support from 100 ema & breaks flag then target is double top & trail thereafter. Regards, Ankur
Buy at current price. T1- 1634, T2- 1725 and T3- 1842 SL- 1466. The price is about to breakout of the triangle pattern. Can buy now as MACD has already shown bullish crossover. Targets are being set as per Fibonnacci levels. Note:- This is only for educational purpose and not a recommendation.
NSE:KCPSUGIND Date: July 31, 2024 Current Market Price: 52.18 INR --- KCP Sugar & Industries, operating in the agricultural commodities and milling sector, has demonstrated strong upward momentum recently. The stock is currently consolidating near its recent highs, indicating potential for further gains. --- ### Technical Analysis 1. **Price Action and...
Lambodhara Textile Ltd. Analysis About the company... Lambodhara Textiles Ltd was founded in 1994 with a capacity of 3,024 spindles. Over the years the company has grown in size and currently has a capacity of 37,856 spindles, with 33,224 spindles producing fancy yarns. The mill is fully modernized with state of art technology and infrastructure. They produce...
NSE:BANKNIFTY ❇️Watchout banknifty at 15 and 5 mint time frame☠️🚀 ❇️We can get best trade after breakout our breakdown ⚡🚀 ❇️Plan your trade, and trade your plan 🔥🔥 @thetradeforecast 🇮🇳
NSE:BANKNIFTY ❇️Watchout banknifty at 15 and 5 mint time frame☠️🚀 ❇️We can get best trade after breakout our breakdown ⚡🚀 ❇️Plan your trade, and trade your plan 🔥🔥 @thetradeforecast 🇮🇳
Bullish Indicators: Ascending triangle pattern. Trading above key moving averages (20-day, 50-day, and 200-day). Potential cup and handle formation. RSI is bullish but not overbought. Volume spikes on upward movements. target 1: 1596 target 2: 1800+ Note: I am not SEBI registered or TA expert. just learning the TA and sharing my views and you should consider...
Greaves Cotton Limited's financial performance for the fiscal year 2023-24 showed strong growth and positive momentum. The company's standalone revenues reached INR 1,779 crores, marking a 15% year-over-year increase. On a consolidated basis, the revenues amounted to INR 2,633 crores. Notably, the company's net profit surged to INR 284 crores, reflecting a...
NOCIL: Bullish if ~3-Year long resistance is broken on good volumes. The above information does not constitute investment/trading recommendation and it is purely for educational purpose.... INTRADAY Trading Strategy in 3 stages of breakouts: 1) Impulse upmove stage: The strong upmove (nearly upto 1.5% from trigger-price) happens within five minutes. ...
We can see breakout of saucer/rounding bottom pattern Stock has been consolidating for 2 years overall chemical sector is seen reversal, clean Science could be the script which can give good return Promotors holding 74 percent DII FII =10% Rest 14% with retailers One can start building position Not buy sell recommendation just view and charting
- Clean Science has been moving sideways since more than a year. - The stock has given multiple rejections. - It is near the breakout levels again. - Round Bottom formation. - Results are also expected on 01 Aug, 24. - The stock movement can change to uptrend after a downtrend -> sideways movement if the breakout sustains. - Stock P/E is high(69) while ROE is...
Rounding bottom with fresh volumes. Targets(T1, T2 & T3) mentioned along with expected time frames. Stop loss marked as SL. Can achieve better targets, should carry trailing stop loss once in good gains. Also keep tracking quarterly results to monitor performance.