Bitcoin is looking for buying opportunity after forming expanding channel & has clear formation to make movement to the upside, expecting target to reach at 68K
Pharma on Fire ! Breakout Season in Full Swing ? Dr. Reddy's consolidating after a channel breakout, while Alembic, Natco, Torrent & Auro wait in the wings. Primal & Ajanta Pharma already rocketed! This Breakout Frenzy Hints at Sector Boom
Kabra Extrusiontec Falling Trendline Breakout on Daily Timeframe
Ppl pharma witnessing a Falling trendline Breakout along with cup and handle Pattern on the weekly timeframe.
As always, expectations from Adani Power Q4 results were very high and even though results were good (except for higher tax amount), there is a sense of disappointment in the street. The story remains intact; may be some more consolidation. Any panic fall towards 570-560 due to rumours/news should be treated as an opportunity to buy. This is not a trade...
Weekly charts are very strong on Daily charts multiple rejections at 2400 level followed by Bearish Engulf has cause weakness Expected pattern tgt is 2257 though being short is risky as larger trend is bullish Buy above 2352.64 for raiding bullish trend lower term supports are 2222.915 and 2148.990
Great Relative strength, Turnaround story, Good EPS growth, Media sector was in deep consolidation for years, signs of cyclical turnaround are seen, CMP 278, Target 1 - 500, Target 2 - 800, SL DCB - 215, Risk Reward is good
Hi Traders!!! An analysis on Punjab National Bank is here. PNB is forming symmetrical triangle pattern on daily time frame. Go through the analysis and comment your opinion. Cheers and Happy trading !!!
FOR LEARNING PURPOSE BASF INDIA - The current price of BASF INDIA is 4062.5 rupees I am going to buy this stock because of the reasons as follows- 1. Its coming out from a good consolidation base 2. The breakout candle is good with great volume 3. Its giving 3 year high break after some rest and making ATH 4. It is showing better...
On weekly charts nifty looks to be stuck into a flag pattern A decisive break on either side is needed for some good move On daily timeframe 22794.7 which is high of bearish engulf right at breakout zone will provide strong resistance on downside first support will come from Bullish Engulf's low which is 22305.25
#Coalindia cash -Positional call 05.05.2024 Flag pattern breakout seen Looks good at 465-467 & more above 500 close Stoploss 400 Target 650-700 target in 12 months Cmp 474.60
BANKNIFTY Intraday Trade Setup For 6 May 2024 Bullish-Above 49200 Invalid-Below 49090 T- 49725 Bearish-Below 48650 Invalid-Above 48760 T- 48100 47550 BANKNIFTY has closed with 1.5% gain last week, however both side moves were seen. Index has taken stiff resistance from psychological level 50k and corrected till previous hourly level 48700. Now possibility is...
NIFTY Intraday Trade Setup For 6 May 2024 Sell_1- From 22650 Invalid-Above 22700 T- 22500 Sell_2- Below 22340 Invalid-Above 22390 T- 22110 21886 NIFTY has closed on a bearish note last week as Friday it ended on a bearish note and closed the week near lows. Last week we discussed that index broad range is 22800 and 21700 and still this weekly range is intact....
After big rally, stock is consolidated and formed a triangle pattern on the strong 4780. Now it is breaking the triangle trend line. Possible to move all time high which is placed at 5500. Risk is below 4780
Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position. I suggest you keep this pair on your watchlist and see if the rules of your...
HDFC bank volumes steadily increasing. May follow upward trajectory towards top of the channel.
The stock has been consolidating for 2.5 months, forming higher lows along the way. This could be a sign of a big move coming up! #NATCO #StockMarket #Breakout #TechnicalAnalysis This is for informational purposes only and should not be considered a buy recommendation.
West coast paper has shown increase in volume and has been silent for a while. Chart shows a proper bull flag in one week timeframe. Setting a target of 1000. Target is easily achievable this year. May take 4 months to reach there