. Voltas in weekly time frame near breakout . Price trading at very important Resistance . If price breaks resistance, then we go for long. . Only educational purpose, do analysis before investing.
Hey folks! All the important levels have been marked on the chart along with the description. In this post i have shared buying strategy for this stock. This stock comes under the category of High risk and High Volatility. Company Core business manufacturing of polyethylene terephthalate resin Its a Cash Rich company with Growing profit (as per the Financial...
Support and resistance levels are key concepts in technical analysis, a method used to evaluate and forecast price movements in financial markets, particularly in stocks, forex, and commodities. Support level refers to a price level at which a security or asset often finds buying interest, preventing its price from falling further. Traders and investors view...
Price has broken out of a nice consolidation and if it does a minor retracement and then creates a strong bullish candle, it will be a good buying opportunity. Stoploss would be below the previous resistance and trailing stoploss can be below 20EMA. Alternatively ATR can also be used to determine trailing stoploss, it all depends on what you are comfortable with....
Adanienterprises breaking a trendline with good volume #target can be 3600-4000 EDUCATIONAL IDEA
NSE:INDIANHUME cmp 297 breakout happened today at 275 zone let's ride the trend The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent research and evaluation to...
💎 IOST has broken out of a resistive trendline and formed an inverse head and shoulders pattern, signaling a potential bullish move. The presence of CHoCH further reinforces this bullish sentiment. 💎If IOSTUSDT manages to break above the resistance level, it could indicate a continuation of the bullish trend. Conversely, if the price experiences a pullback,...
NSE:BLBLIMITED Mid Term - Low investment - 2x Reward Forcast. #BLB LIMITED Weekly chart 📊 Stock has been in a tight range for Almost a year now. 🗓️ The Resistance point is 25.50, upon breakout Long entry should be initiated. 🎯The targets will be mentioned on chart, upper channel resistance line around 51. 🤑 Stop loss Will be below Previous swing Low. @17...
As we can see BANKNIFTY remained sideways to negative throughout the day as analysed in our previous post as it got into a range and has to break to show unidirectional move. NOW that BANKNIFTY has taken rejection, we still can expect BANKNIFTY to remain sideways to negative with 46200 acting as a SUPPORT so plan your trades accordingly.
#IBULHSGFIN #breakout #trendlinebreakout #200emabreakout #swingtrade IBULHSGFIN : Strong 200 EMA Breakout >> Trendline Breakout soon >> Good Strength & Decent Volumes >> Trending Stock & in Momentum >> Low Risk High Reward Trade Swing Traders can Lock profit at 10% & keep trailing Please give a Boost or comment if u r Liking the analysis & Learning from it....
NSE:SUPRAJIT cmp 421.70 ready for the big move The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent research and evaluation to ascertain whether my perspective is...
Greetings traders! 📈 Today, I'm thrilled to present an intriguing setup on JAGRAN, showcasing a positional breakout scenario complemented by volume analysis. Here's a closer look at the setup: 📈 Setup: Positional Breakout With Volume 🔍 Analysis: Extensive analysis across various timeframes confirms the breakout potential. 📊 Indicator Support: Momentum indicators...
💎 LIT has recently broken out of a trendline and formed a reversal W pattern, accompanied by signs of CHoCH and BOS in the price action, indicating a bullish market structure. 💎If the price manages to surpass the resistance area, it would signal a bullish movement for LITUSDT. Traders should also be prepared for a potential pullback to the bullish OB zone, where...
For Educational Purpose.. ⚠️ I'm not a SEBI REGISTERED analyst & my view can be biased ⚠️ No Buy Sell recommendation, do your own DD. #INDUSTOWER IS READY TO BUY LONG - Last 2-3 Months Volume Massive - View Trendline Breakout Monthly Chart - 7 Year Breakout - 52 Week High 245.5 Waiting Time 3-6 Months Long Above (Required Candle close) - 246-250 SL - 210 Target...
💎 MATIC has recently breaking out of a resistive trendline while forming a W pattern. Additionally, it has found support from the bullish OB, showing signs of CHoCH and forming an inverse head and shoulders pattern. These factors collectively increase the probability of a bullish move in the near future. 💎 If the price manages to break above the resistant area...
NSE:TVTODAY cmp 253 keep a watch for weekly close above 270. should do well above this The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is expected of each person to carry out independent research and evaluation to...
Looks like zomato is trying to form a j-hook pattern on weekly chart, I'm expecting a first target of 66 and next 89 lets see what happens
In the Weekly Chart of PVRINOX , we can see that, after continuous selling and Trendline breakdown, it has created a halt candle. Enter on breaking its High with Low as SL. Possible momentums are shown in chart.