A rising wedge basically signifies a probable end to an uptrend. However, we have been wrong a number of times. But in such irrational and nuclear times a break in trend can signify a massive fall in the price of a stock. Even though this stock looks strong, the monthly timeframe looks extremely weak. Should this weekly support break, we can clearly expect HAL to...
Look like downside opportunity of 640 and closes below have opportunity of 616 This are valid for this week only.........
look like downside breakout and gud opportunity upto target of 685
ETH perpetual has broken the hourly trendline and has formed H&S on 15 mts . It could pull back to 2700 levels before commencing its downward journey
As analysed we did see BANKNIFTY being very volatile between 34000-35000, 34000 being final support, we did see a strong reversal around that area as analysed being a psychological level and hence we can expect 34000 to be a good final support as it has been tested multiple times before and has acted as a strong resistance! BANKNIFTY is in very tight space as next...
COLPAL has been consolidating since a long time in narrow range even during this war time it has not reacted much Now 200 MA on weekly time frame have approached the price and is taking support at same support historically it has always taken support if 200 MA on weekly and reacted to it Also RSI is showing strength and crossed above 40 in weekly Probably a long...
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Need to cautiously wait and watch for further price action. Any break down and break out from the pattern will lead to one way trend. It had already given fake break out and break down as shown in the chart. Patiently waiting is the key to trade in this stock.
#XRP symmetrical triangle in 4 hr TF, and support and resistance also marked on chart. If you wanna trade then have a look...
Chart pattern and levels mentioned in chart. Follow strict risk management.
BANKNIFTY had been falling with immense volatility but didn’t give closing at a strong area! Our sentiment would be more like neutral as 35000 is a psychological level and hence act as a strong support or strong resistance but We can see BANKNIFTY strong demand zone which is 34000-35000 and hence we can see immense volatility between these areas unless some...
As analysed we did see a huge gap down and remained bearish throughout the day but at the end it did closed above 35000 respecting the psychological level and also respecting the trendline which it had been following since last year acting as a support and hence no new selling position should be made from here every dip should be a buying opportunity unless it...
Breakout in ADANI TRANSMISSION. The breakout candle looks very bullish and there is a higher probability of moving up from here. DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
Breakout in GAIL. One can enter now for an initial target of 170. DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
Possibility of Breakout in JINDAL STEEL AND POWER . Please keep this stock in your watchlist. One can enter above 450. DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
Coal India. Currently COALINDIA Trading at Monthly Trendline support around at 170.8. Long Futures & Buy Equity shares. First target 200. Second target 260. Current stoploss below 140.
Entry Price - 85 Stop Loss - 79.75 Target - 103.35 Note: For Educational Purpose Only
NSE:NAVINFLUOR . PRICE ACTION on Navin fluorine, looks good for 4230 . What do you think?