Current market sentiment suggests a slightly bearish stance as Nifty is trading higher than its 200 EMA
the stock performed weekly breakout and get retested at the neckline. ENTRY@1125 TGT@1380 SL@1075
The chart looks good because of following reasons: 1. Crossing above all EMAs in monthly, Weekly & Daily TF. 2. Breaking out of Parallel Channel 3. Near previous swing highs 4. Good Volumes near top line of parallel channel. 5. Good reward Ratio Tomorrow's weekly close will decide whether the plan is activated or not.
Nifty is currently sitting on the support of 38.2% fib level and it is a good support for the index. This is the third time the support is being tested. If there is a break down of the levels 50% anf 61.8% levels can be tested on the expiry day. Major support levels :- 21420, 21300 If there is a flat or gap up opening wait for the bearish price action as market...
Bitcoin After Yesterday’s Slump There was a false breakthrough on the daily line, This is also close to the pressure level of about 48,000 above. Therefore, the next month or so will be more critical days. That is, the triangle convergence of the daily line, And there is a false breakthrough at the high level here to lure bulls. I think this side might form a...
entry above the line stop below the line stock in a bullish trend, after consolidation again breaking out stage 3 to stage 2 transition ( Ref Stainweinstein's secrets for proofing in bull and bear marke)t
Chart Analysis: PRECWIRE has been exhibiting a strong and steady uptrend, marked by a series of higher highs and higher lows. The stock has been resilient, supporting key Simple Moving Averages (SMAs) even during the last market correction, showcasing its inherent strength. Technical Indicators: The stock is currently above its 50-day and 200-day SMAs,...
On 1h TF ARB has dropped too strong but closed above Support so that's a good signal continue to go up I expect ARB will test $1.776 before come back Bullish Race Time will tell
pfc making ascending triangle pattern on chart making higher low sign of strength create same resistance if break resistance after 9:20 it will give good upmove note : only for educational purpose
As we can see despite did show some weakness in daily we can see NIFTY heading towards important SUPPORT which previously acted as a RESISTANCE hence unless NIFTY sustains below the trendline, we can again expect a strong RECOVERY after opening weak hence plan your trades accordingly everyone.
Jay Bharat Maruti #Monthly Chart Study Price is in continuous up trend and moving in a upward channel as shown It needs to break out of strong supply zone between 130-149 after 7 years with good volume for up-ward journey This can be added on dips till 94 with SL 79.5 on Weekly closing basis For Medium Term target 195,270++ which are fib extension levels shown...
The chart is self-explanatory and shared for educational purposes. There are different degrees of trend in effect at any one time, so is there a need for different trendlines to measure those various trends? A major up trendline, For example, would connect the low point of the trendline, while shorter and secondary would be used for secondary swing.
IRCON is breaking #resistance trendline with good volume and rsi macd crossover done EDUCATIONAL IDEA
usdjpy is trying to break above our descending trendline if price overcome 142.83 its Resistance than clear price can move our target areas like 144.600 or 146.100 or more upside. lest see waht happend ! our trade idea is Buy usdjpy if breakout 142.83 targets are 144.600 and 146.100 best of luck
stock in up-trend the stock has broken out from consolidation in a weekly timeframe with volume entry above the line for-profit trail with daily pivot or 21-day moving average stop below the line the stock transition from stage 3 to stage 2 (ref stan Weinstein's secrets for profiting from bull and bear markets) ( not buy-sell recommendations thus is...
reviewing NSE:SPARC chart posted on 12th Dec 2023 when the price was 273 now it has made a high of 399 47% gains till now and more to come I am expecting 500++ The objective of this analysis is knowledge sharing and education. There isn't any buy or sell advise in this article. Every stock is held for a short to medium amount of time and is positional. It is...
Fundamentally good stock. don't be aggressive to enter. . entry: 300 target: 325 / 375/ 395 / 410 stoploss: 280 / 250 . . right time for Long term INVESTING. . . " better wait for this weekly candle to close above 300 " . . yellow boxes mentioned above are major levels. . Refer old ideas. reset chart for better view.
Refer our old idea attached below. . Midcap stocks are going to boom. long term investment; min 40% return. huge potential is there. investment ; Wait for retracement. if you are interested in investment, go for it with small risk, . . . more than that " Deepak Nitrite " is fundamentally good. . Don't make complicated trade set-up.📈📉 Keep it " simple, focus on...