Trend Lines
HI-TECH PIPES making two patternsHI-TECH PIPES is making two patterns.
Double Bottom & Downward Trendline Resistance Pattern at Daily Chart.
RSI divergence is visible.
If it comes down even then it is nearby its Support area.
4 times it has touched the Resistance Trendline, now we need a strong green candle breaking the trendline. If sustains then there is probability of touching 145 and 168, it may take some time.
For learning and educational purpose only.
Snow Man Logistics ltdMarket Cap
₹ 1,426 Cr.
Current Price
₹ 85.3
High / Low
₹ 89.0 / 46.1
Stock P/E
112
Book Value
₹ 25.0
Dividend Yield
1.17 %
ROCE
7.13 %
ROE
3.03 %
Face Value
₹ 10.0
Debt to equity
0.66
Debt
₹ 278 Cr.
OPM
20.2 %
Promoter holding
46.4 %
Sales growth
20.5 %
Profit growth
14.4 %
CMP / FCF
44.1
Industry PE
44.0
Pledged percentage
0.00 %
Reserves
₹ 251 Cr.
ZYDUSLIFEThe chart is self-explanatory and shared for educational purposes. The ZYDUSLIFE stock is trading above the 50, 150, and 200 moving averages. The resistance level has been broken with a small correction and is now sustaining above it. This resistance could now act as support. Considering the current aspect, the stock could move further upward.
Nifty Intraday Analysis for 26th July 2024NSE:NIFTY
Index closed near 24405 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
25000 Strike – 48.07 Lakh
24500 Strike – 29.66 Lakh
24400 Strike – 27.77 Lakh
Put Writing
24000 Strike – 36.12 Lakh
24400 Strike – 25.32 Lakh
24300 Strike – 23.79 Lakh
Index has resistance near 24500 – 24600 range and if index crosses and sustain above 24650 level then may reach near 24800 - 24850 range.
Index has immediate support near 24300 – 24250 range and if 24200 support is broken then index may tank near 24000 – 23900 range.
Banknifty Intraday Analysis for 26th July 2024NSE:BANKNIFTY
Index closed near 50890 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
52000 Strike – 21.63 Lakh
51000 Strike – 16.92 Lakh
51500 Strike – 15.58 Lakh
Put Writing
51000 Strike – 15.18 Lakh
50000 Strike – 13.56 Lakh
51500 Strike – 13.08 Lakh
Index has resistance near 51100 – 51200 range and if index crosses and sustain above 51250 level then may reach near 51500 – 51700 range.
Index has immediate support near 50550 – 50500 range and if this support is broken then index may tank near 50200 – 50000 range.
Finnifty Intraday Analysis for 26th July 2024NSE:CNXFINANCE
Index closed near 23050 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
23800 Strike – 8.43 Lakh
24000 Strike – 8.02 Lakh
23500 Strike – 6.64 Lakh
Put Writing
22200 Strike – 6.20 Lakh
23000 Strike – 3.94 Lakh
22500 Strike – 3.76 Lakh
Index has resistance near 23100 - 23200 range and if index crosses and sustain above 23225 level then may reach near 23400 level. If index further crosses and sustain above 23400 then may reach near 23650 level.
Index has immediate support near 22850 – 22800 range and if this support is broken then index may tank near 22600 – 22500 range.
Midnifty Intraday Analysis for 26th July 2024NSE:NIFTY_MID_SELECT
Index closed near 12420 level and Maximum Call and Put Writing near CMP as below in current weekly contract:
Call Writing
12400 Strike – 16.77 Lakh
12500 Strike – 13.92 Lakh
12600 Strike – 7.58 Lakh
Put Writing
12400 Strike – 17.22 Lakh
12200 Strike – 13.61 Lakh
12300 Strike – 9.64 Lakh
Index has resistance near 12500 – 12600 range and if index crosses and sustain above 12600 level then may reach near 12700 – 12750 range.
Index has immediate support near 12300 level and if this support is broken then index may tank near 12100 – 12000 range.
Major Bullish Move Ahead for TAOUSDT? Don't Miss This! Yello, Paradisers! Are you ready for a potential breakout that could skyrocket TAOUSDT? Let's dive into the details and see why this could be a game-changer. 📈
💎TAOUSDT has shown a Change of Character (CHoCH) towards a bullish market structure and has formed an inverse head and shoulders pattern, significantly increasing the probability of a bullish move.
💎For confirmation, we need a breakout and candle closing above the resistance zone. This will signal a strong bullish move.
💎In the case of a pullback, we can expect a potential double bottom pattern from the support zone. To increase the probability in our favor, it is better to wait for the I-CHoCH towards the bullish market structure in the lower timeframes.
💎If the price breaks down and closes a candle below the support zone, it will invalidate our whole idea.
Stay focused, patient, and disciplined, Paradisers. This is the only way you will make it far in your crypto trading journey. Be a PRO💰
MyCryptoParadise
iFeel the success🌴
EasymytripAs per my previous post it's still in down trend 📉 📈 now it's breakout has been happend with good volume so let's get fresh entry ✅,
An 100% returns or more than 100% returns are waiting for us 🧐 ✅ after long time correction breakout with good volume this time it's Fly 💸 towards the target 🎯🚀 🔥🖤
GOLD SHOING A GOOD UP MOVE WITH 1:10 RISK REWARD GOLD SHOING A GOOD UP MOVE WITH 1:10 RISK REWARD
DUE TO THESE REASON
A. its following a rectangle pattern that stocked the market
which preventing the market to move any one direction
niw it trying to break the strong resistant lable
B. after the break of this rectangle it will bost the market potential for break
C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region
all of these reason are indicating the same thing its ready for breakout
BREAKOUT trading are follws good risk reward
please dont use more than one percentage of your capital
follow risk reward and tradeing rules
that will help you to to become a better trader
thank you