NSE:NTPC NTPC trying to breakout from long time resistance in the monthly time frame Marked breakout level, Target 1 and 2.
Simple line study on price action to watch. Expecting support in area 422-417 The area also comes around 50% fib of last up swing. SL below 412 target move more than 20 points.
MAHSEAMLES - LONG Setup after 10Months consolidation ---------------------------------------------------------------------- -- Breakout with huge volume -- Buy on Retest and/or Resistance break zones (white checkbox) -- Enter only when the price to sustain above the levels @ 4HR+ timeframe. -- Exit if the price closes below yellow channel lines. Caution...
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...
Angel Broking has given us a good breakout still there's a small resistance at 1475 if it closes above 1475-1480 we can see 30-35% upside. We have good support in range of 1015-1000. RS to Nifty is very bullish.
Bank Nifty is currently stuck in no trading zone (NTZ). These areas are usually distribution or accumulation zones. whenever, it is trying to touch the upper part of NTZ then upside is expected. But, since yesterday, it is moving downside and touching lower band of the NTZ. Usually, these move means we can expect a small correction in the market. Levels for the...
JINDALSTEL | Breakout from falling wedge - Potentially 20% CMP : 408 SL : 380 Target : 500 1:3+ risk reward setup
Reliance ind infra forming a head and shoulder pattern , hence we can buy RIIL with a target of ₹760
buy abov 681 Sl 677 tr 1 - 686 tr 2 - 692 tr 3 -706 We are not a SEBI registered analyst. This is for educational purposes only. You must consult your financial advisor before you trade. We do not advise you to buy or sell. You can trade at your own risk. We are not responsible for your profit or loss. Thank you
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...
Forming a double bottom kind of pattern. Can give a nice upmove today. Trend line can also be spotted in the chart
Ethereum against BTC got a beautiful bounce of the support of the rising wedge. Since we're still inside the wedge I'm still incredibly bullish on Ethereum (even more then on Bitcoin). We just flipped the resistance of 0.071139 into support. The next level that I'm watching is the red line at 0.731. I think we're going to see some action of ETH very soon. Let's...
MARKET ANALYSIS: Very Bullish SECTOR ANALYSIS: Most Rewarding Sector in the past Quarter. Extremely bullish once it crosses 600-650 levels. STOCK: Has the potential to break the trendline which has provided resistance for the past 10 years and once it breaks with good volumes SOBHA can head towards the lifetime high of 1250 levels and thereafter turn into a...
buy on over 102 and keep sl @87 till target 134 R:1). trend line support, 2). 200ma support in daily time frame
NSE:ABFRL breaking out from long channel channel. still awaits for best entry if breaks 1st OCT high then it would be aggressive entry . but suggest some pattern to form on hourly TF. [ diwali is also on the door ;)] keep on watchlist. #the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
MCX:GOLD1! could see starting of long uptrend. SL- previous week low -on weekly suport. - .618 fibsupport of previous swing low & high -good risk reward please note this is weekly TF. #the_pravin #simplepriceaction #notoindicator #nakedchart #swingtrading
Amaraja has retraced from Fib .5 levels and looks like strong reversal for an up move. It has also retested the trendline breakout happened at November 20 rally.
Bullish above 17580 - 17620 for the targets 17660, 17700, 17740, 17800 and 17840. Bearish below 17540 for the targets 17500, 17460, 17420 and 17360.