CNX Metal tested major resistance, if it breaks it then Metal stocks can see good moves. Recovered fully from 4th June carnage candle. As simple as that.
The stock has had many bull rallies in the past and has been a multibagger. Despite the significant price movement, the stock is not considered inflated, as the fundamentals have kept pace with the increasing price demand. Historically, the stock moves in cycles of rallies and consolidations, and it is currently transitioning from a consolidation phase to a rally phase.
MapmyIndia has given a breakout with big volumes. We can see price movings towards 3500. Other factors: 1. Super volumes at the time of breakout 2. RSI is above 60, showing bullishness 3. MACD is positive "Clean Charts, Easy Charts" Learning & Earning!!! Cheers!!!!
𝗕𝗿𝗲𝗮𝗸𝗼𝘂𝘁 𝘀𝘁𝗼𝗰𝗸𝘀 𝘁𝗼 𝘄𝗮𝘁𝗰𝗵 𝗻𝗲𝘅𝘁 𝘄𝗲𝗲𝗸 ⬇️ 𝟰. 𝑾𝑯𝑬𝑬𝑳𝑺 Trendline breakout and retest on weekly timeframe
𝗕𝗿𝗲𝗮𝗸𝗼𝘂𝘁 𝘀𝘁𝗼𝗰𝗸𝘀 𝘁𝗼 𝘄𝗮𝘁𝗰𝗵 𝗻𝗲𝘅𝘁 𝘄𝗲𝗲𝗸 ⬇️ 𝟯. 𝑯𝑰𝑵𝑫𝑪𝑶𝑴𝑷𝑶𝑺
In the Weekly Chart of AEROFLEX , we can see that; it has given Trendline breakout and retested it. Enter on breaking its High with Low as SL.
In the Weekly Chart of IBREALEST , we can see that; it has given 6 year breakout with strong candle. Let it retest and then Enter with SL and Target. Expected move is shown in chart.
In the Weekly Chart of BALAMINES , we can see that; after consolidation near support, it has given breakout, but the breakout is not strong. Let it create a Halt Candle and then enter with SL and Target. Expected momentum is shown in chart.
In the Weekly Chart of GHCL , we can see that; it has given very strong breakout. Let it create a Halt candle and then enter with SL and Targets. Expected momentum is shown in chart.
In the Weekly Chart of IGL , we can see that; it has multiple rejections at resistance. It has now respected the resistance for one last lime. Enter on breaking the Candle's High with Low as SL. Expected momentum is shown in chart.
In the Weekly Chart of NAVNETEDUL , we can see that, after strong breakout of Cup & Handle Pattern and retesting the Trendline, it went into consolidation. It has now made a Inside candle near resistance. Enter on breaking its High with Low as SL. Expected momentum is shown in chart.
In the Weekly Chart of HDFCBANK , we can see that, it has become very Bullish. 1700-1720 has been major resistance for very longer time. Be ready for Target of 2000. Expected momentums are shown in chart.
BITCOIN SETUP TRADE WIH 1:4 RISK REWARD A good Buying detected on BTCUSD It's showing a BULL MOVE due to these reason 1. It's following THE 60 M trendline here 2. It's ready to break the neckline 3. In day chat it's showing the heavy bullish pressure Just grab out will your own risk With a small amount Stay connected Stay happy Bande mataram BITCOIN SETUP TRADE...
Looks like breakout above the trendline and price breakout. Maintain strict stoploss below the weekly candle low.
Simple horizontal line breakout with volume. take trade with stop loss of 450rs.
NSE:NIFTY Maximum Call writing near CMP is at 24000 strike with 88.34 Lakh followed by 45.66 Lakh at 23500 Strike and 39.48 Lakh at 23600 strike and Put writing of 84.35 Lakh at 23000 Strike followed by 56.58 Lakh at 23500 Strike and 34.00 Lakh at 23300 strike. Index is closed near 23570 level. Index has resistance near 23650 - 23700 range and if index...
NSE:BANKNIFTY Maximum Call writing near CMP is at 52000 strike with 21.30 Lakh followed by 20.26 Lakh at 53000 Strike and 14.61 Lakh at 51500 strike and Put writing of 29.25 Lakh at 50000 Strike followed by 25.65 Lakh at 51000 Strike and 19.83 Lakh at 51500 strike. Index is closed near 51785 level. Index has resistance near 51900 - 52000 range and if index...