Copper is trading in an upward trend with a strong upward trendline acting as a support. Taking a rejection at two zones as mentioned in chart. A break below in upward trendline can suggest a weakness in an ongoing net demand and can suggest a change in trend. Levels mentioned in chart. Follow strict risk management.
Made Double Top and broke the neckline and also broke the trend line support
After a heavy downtrend from JAN 2018 formed a rising channel and BROKE DOWN the Support of the channel.
Let’s see dji moves as per prediction there chances are that moves up
UTI AMC is forming the channel pattern and price is at support line
Hello Traders, Please keep this lesson in Mind always. In Mahindra and Mahindra we can see that on 25th and 27th January stock opens at lower levels but closing are green this sign shows that buyers are active and bears are confused and not taking any positions. Also, on 27th January opening of candle is below and closing is above previous candle. Which shows that...
Wait for the resistance breakout to take entry. closing and sustaining above 140 can lead to a good breakout. Targets are mentioned in the chart.
Seems Breakdown in Charts, Please make positions Accordingly. please refer to the chart. Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for you then would cherish doing that for you. Thank you for your time and support. Stay safe.
please refer to the chart. Gratify if you appreciate the practice then you can like it, share it and If you want me to investigate any chart for you then would cherish doing that for you. Thank you for your time and support. Stay safe.
JB CHEM Cmp 1810 dated 27.1.2022 1. Rounding Pattern BO @ 1809 2. RSI Ascending Triangle Buy for a tgt of 1850-1890-1925-1985-2100 SL 1700 It is just a view, pls trade at your own risk.
TAta Chem Cmp 911 dated 27.1.2022 1. Hammer Candlestick on chart. 2. Price moved above 100 EMA. Buy for a tgt of 930-950-980-1000-1020 SL 870 It is just a view, pls trade at your own risk.
It's a perfect cup & handle formation as per William O'Neil's definition. Here I have taken a weekly chart and tried to simplify the formation. The explanations are marked in the chart. Also, keep in mind the overall trend of the stock, here it should be in upward trend :-) Ideal buy point is near the handle pivot. Always keep a strict stop loss of...
Almost 12 year old Trendline BO coming with good volumes Refer monthly chart for same Good for both Short & Long term. Enter above 242.5-243.5 (Mostly will be Gap up tomorrow) All Green line are the Targets. Only for Educational Purpose. Consult your Advisor before any investments.
Starting December banking stocks are leading from the front, and there is a change in trend. Banks surpassed yesterdays high ahead of Nifty and the Rohits Momentum on hourly had a clear buy signal that did not whipsaw like it did on Nifty. Banks should continue to outperform the Nifty in the days weeks ahead and for 2022 as a whole in my view.
Nifty Hourly charts and the Rohits Momentum now share a positive bullish divergence and one more buy signal afterward. Minor wave ii? Everytime you do not get a V shaped recovery but price action is a process that you have to follow with all the arsenals you have in Technical Analysis.
Everyone stating to buy Britannia without knowing that Britannia actually lost its steam on the weekly. And the falling market is only adding to this stocks overall fall. Britannia is likely to fall further or move sideways until it gains momentum. But this is a prediction none of us can give. However, if it does gain momentum it will likely touch 4000+ points. It...
KITEX CMP -246 Target - 705 SL -195MCB #KITEX #stocks #StockMarket #investing #trading #investments #Breakout #NSE #BSE #Nifty #Sensex #Chart #ChartOfTheWeek #Chart #trader_rohan
Bandhan bank was following a channel pattern in weekly time frame in daily time frame a hammer is formed where we shortlisted this scrip for long the but the hammer was so big that we waited for a small SL and we got that on 30th dec where you can see a wick exactly on our channel.