AUDUSD Approaching a resistance level hope it'll be reversal (bearish)..
ETHEREUM is in a critical area from where it could likely breakdown. But the confirmation comes if it breaks the demand zone as well. Breaking the consolidation zone in the upper side with good volumes could give upward rally as well but that doesn't seem to be a likely case currently.
Marico's price closed with good volumes and RSI above 60. That's a bullish closure. This momentum could continue in the next trading session also. After falling off of the uptrend line. the price got corrected. Here we can see a bullish butterfly pattern on the chart, the demand zone is formed by the 1.414 and 1.618 fib retracements of the pattern. The price...
Breakout possible above Rs 30 Most of the technical indicators suggest strong buy on this stock (Target 10 to 25%) Only for educational purpose
MANAPPURAM FINANCE share given the closing above 163, . So I think this is the time to enter in this trade, but still I recommend. . Safe Trader can enter in this trade once it cross 170, because from that stock can give some correction. . Once it goes above 170, we can see in the chart, there is strong rally of around of 40-50. . You can book your profit as per...
Bollinger bands squeeze can be seen in the chart, i have also marked a small triangle breakout in progress. can buy with the stoploss of lower band or the horizontal line as per your RR ratio. targets are marked on the screen.
Price is bouncing from the bottom line of the symmetrical triangle pattern. It broke a trendline and retesting it in a smaller timeframe. Hope you find this useful.
VGUARD | Trendline breakout looks good for 25% CMP : 250 SL : 235 Target : 305, 320 1:4+ risk reward setup Target basically calculated based on Fib 1.6 level
exepecting down side......................................................................................
Wait And Watch ?? Look for Low risk, High reward, and High Probability setups- Things to Remember while Trading with the Trend 1. Know what the trend is. 2. The best trades are made in the direction of the trend. 3. Assume that the main trendline or moving average will hold. 4. The longer the moving average is, the better it defines the trend. 5. Wait for the...
1. Fundamentally strong Stock 2. @ Support Zone 3.TGT 780 if Trendline Resistance Break upside 4. if 687 level Break 598 will be short TGT *Long & short Tgt performance will be Based on Market condition & Trend. *Always Enter With good confirmation & Maintain proper Risk Reward. ******* Knowledge Purpose only ******** I am not a SEBI registered adviser. All the...
Asian Paints has crossed 3163 levels with high volumes after breaking the demand zone 2. For a better risk-reward ratio, we can wait for a pullback until 3163, which is expected to act as good support. Place your stop loss level below the demand zone 2. The XABCD bearish crab pattern sets a 1.618 fib extension level as a profit booking level for longs. Book...
Points to Observe 1. After channel breakout the upside rally should continue but if we observe the chart even good positive volume breakout turned into selling volume after breakout indicating Weakness in buying side. 2. At the same time we have to consider the Horizontal Resistance, At that resistance market is fighting which means the resistance will break...
reliance : 2270.25 trade set up : 1. buy above 2275 2. keep stop loss as 2223 on closing basis 3. targets : 2316/2362/2509+ technical buy based on : 1. multiple time frame price breakout 2. rounding bottom 3. trend line 4. bullish engulfing candle near breakout . note : after all targets done successfully on triangle breakout pattern as shared in our previous...
Bank nifty Already faced Breakout and Retest. So Possible to move 36800++
*For educational purpose only. This isn't a call. Do your own analysis. Stock is trading in Ascending triangle, wait for price to come at support level and sustain on support. Thanks!
Target:- 646 Stoploss:- 436 Stock has already touch the support line, take support and going upward. This is clear indication of short term bull run. So we can take long position there.
Levels mentioned on chart. SL based on weekly closing.