The stock seems to be consolidating in a tight range facing multiple rejections and support. The stock made a strong move of around 9% today while taking support from 50 and 200 ema, indicating buyers' interest. Entry above 410 can be initiated upon breaking out from the zone. Considering the financial perspective with technical analysis, the stock seems ready for action.
Hello 👋 Today I have picked one more break out stock. The name of the stock is "Magadh Sugar" Stock has been reports strong financial growth, as net profit rose to 21% Technical Aspects. Currently stock showing good price action on chart as price is at its all time highs.. RSI - the momentum indicator showing strength as currently it's inclined & above 64.....
Ascending Triangle Formation, Might Give a Good Breakout.
Just for learning- this stock tries to form a cup and handle format. We can give a short term buy with stoploss of 30.5 .
Standing on a Multi-Year Break out & Double Bottom Chart Pattern is also Seen. Volumes is Also Health and Building Up. if it Does Break Through this Resistance then We Might See a Strong Uptrend in Jubilant. Wait for the Break out and a Pullback After the Breakout.
NSE:NIFTY ANALYSIS FOR TOMORROW 🔺 ❇️ IMPORTANT LEVELS 🚀 ❇️ Support: 25730-24680-24645-24600-24550. ❇️ Resistance : 24750-24800-24875-24920 ❇️ Raising wedge pattern at 15-30mint time frame. (Bearish pattern) 👉🏻 PURPLE LINE : 24730 is a key level, above buying, Below selling. 👉🏻 @thetradeforecast 🇮🇳
As we can see BANKNIFTY has shown signs of REVERSAL after a series of consolidation which could lead to potential unidirectional move followed by its break. Unless it’s broken down, we can’t expect a change of TREND, till then BANKNIFTY remains bullish till 46700 is protected and have we might see more of bullishness as the impending gap is yet to be filled so...
BTC trade step up based on half bat pattern BTC can give 1200 points up return if brekout sustain this is just for educational purposes.
bitcoin trade step just for education with fibonacci
NSE:BANKNIFTY ANALYSIS FOR TOMORROW 🔺 ❇️ IMPORTANT LEVELS 🚀 ❇️ Support: 50560-50450-50310-50130. ❇️ Resistance : 50750-50960-51080-51240. 👉🏻 PURPLE LINE : 50570 is a key level, above buying, Below selling. 👉🏻 @thetradeforecast 🇮🇳
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Date 21.08.2024 Havells Timeframe : day chart "Breakout closing".....
Creating flag pattern on daily charts and cup and handle on weekly chart next possible target would be 540 and 580 mid term
Earlier we get 540 points profit on buy side 6150 bought 6690 sold. Now sold at 6520 booked at 6030 enjoy huge profit Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30%...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
1050 is major support ,, 1080 looks to be local support
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
NIFTY Levels for Today Here are the today's NIFTY Levels for intraday. Based on market movement, these levels can act as support, resistance or both. Please consider these levels only if there is movement in index and 15m candle sustains at the given levels. The SL (Stop loss) for each BUY trade should be the previous RED candle below the given level. Similarly,...