Most likely will fall back to support levels before swinging back up. ====== Keep in mind that if the overall market dips, most stocks will also go skinny dipping. Happy Trading!
Will continue falling until it meets the mentioned support levels. Can fall further if the overall market keeps dipping! ====== Keep in mind that if the overall market dips, most stocks will also go skinny dipping. Happy Trading!
BASE formed at 0.786support levels Broken out & accumulation at support (previous resistance)
Nvidia has taken support from 1) 61.8% Fibonacci retracement level from the lows of gap up point of October 25 to high of Nov 22 2) 38.2% Fibonacci retracement level from the 16 Feb 2021 breakout level to the highs of Nov 22. 3) Trend line formed by connecting highs of Feb 16, July 6, and Aug 30 NASDAQ:NVDA
Levels and patterns mentioned in chart. Follow strict risk management.
BANKNIFTY had been in range since last 3-4 days and now expected to break either side! BANKNIFTY now trading at very important SUPPORT which is around 36800 which previously acted as a strong resistance and now acting as a strong support now! Hence break and sustainment below 36800 can again lead to huge fall as it has been tested multiple times and is now weak...
Nifty Trend Line Support And This Bullish Nifty And More Analysis Follow Me And Like And Share Comment
Can give a good swing because of the trendline breakout and good volumes. CMP 312 Target could be 345.
DAAWAT | Comfortable Trendline breakout - Looks potential 18-26% CMP : 71 SL : 67 Target : 83, 90 1:3 risk reward setup (first target)
consolidating, look for breakout If bank nifty sustain above 36953 then go for long side consolidating between important levels 36824 and 36953
A good opportunity to enter in CDSL after a big correction in market. In chart we can see previously, the trendline acted as a resistance and now the same trendline is acting as a support line/zone and bullish slash candlestick pattern formation can also be seen on the trendline. After a correction a good upside move can be seen in recent/today's (30th August)...
Balkrisind: Preparing for an Upmove Target: 2400 SL: 2216 RR:4.22 Note: This is for educational purpose only
Since March 2020 Nifty is in a bull run and has been creating a steep trendline, which finally has been broken nearly after 2 years. Are we going to see a deep correction now? Only time knows. Apart from that Nifty has created a Head and Shoulders pattern on a Daily Time frame and that is too near all-time highs.
I will be looking for long term buys in Asian paints, Price can reject from current Daily Supply Zone and mitigate the Breaker block from there it can shoot up OR price can break the current Supply zone and retest the zone once again from there it can shoot up
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...
FX_IDC:USDINR chart for the post corona fall phase shows that the present level is at; A) 78.6% Fibonacci extension level from the Feb 2021 bottom B) Resistance line of upward channel formed since May 2021 The intersection level at 75.96-75.98 is playing as the last resistance point before its move to lifetime high of 77.
Swing Trading Buy Biocon Trend Line Break Out more Analysis Follow Me And Like Share Comment