RNDR Breakout: Triangle Pattern Leading to $20Render Token ( CRYPTOCAP:RNDR ) has formed a bullish ascending triangle pattern, a strong indicator of a potential upward breakout. Additionally, a bullish divergence has been identified, further reinforcing the likelihood of a positive price movement. RNDR is now bouncing from the trendline, showing strong buying interest and support at this level. These technical indicators suggest that RNDR could be heading towards a target of $20.
Trendlineset
GOLD 06/06: Gold is in a narrow rangeTVC:GOLD Gold price is consolidating in a narrow range of 1,955$-1,965$ on an hourly scale. The precious metal has turned sideways around the 50% Fibonacci retracement (plotted from June 02 high at 1,985$ to June 05 low at 1,930$) at 1,965$
The 50-period Exponential Moving Average (EMA) at $1,959.38 is providing cushion to the Gold bulls.
US banks seem reluctant in distributing credit to households and firms in order to maintain their asset quality in the turbulent environment.
My assessment is that TVC:GOLD gold will follow a butterfly pattern , TVC:GOLD gold will return to the range of 1965$-1970$ and we will have a buy contract at 1945$-1947$.
Stop-loss point per deal at 50pips
Shorting Coromandel international future Trend line breakNSE:COROMANDEL1!
weekly and daily long term trend line is broken down
short futures of stock.
for sl you can buy ce of 955-965 (it will also reduce risk and margin)
Target should be around 641.
call me if you need further clarification
9546438335
thanks nd regards
Abhishek.,
L_T FH Trendline TradeNSE:L_TFH
Trendlinen Trade in L & T Finanace and Holdings
What Is a Trendline?
Trendlines are easily recognizable lines that traders draw on charts to connect a series of prices together or show some data's best fit. The resulting line is then used to give the trader a good idea of the direction in which an investment's value might move.
In this explanation we draw trendline by connecting Swing Lows to show the prevailing direction of price. Trendlines are a visual representation of support and resistance in any time frame. They show direction and speed of price, and also describe patterns during periods of price contraction.
Trendlines indicate the best fit of some data using a single line or curve.
A single trendline can be applied to a chart to give a clearer picture of the trend.
Trendlines can be applied to the highs and the lows to create a channel.
The time period being analyzed and the exact points used to create a trendline vary from trader to trader.
BANKNIFTY FUTURE INTRADAY LEVELS FOR TODAY 6TH APRIL 2023#BankNifty Future Analysis for #Today 6th April 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Previous Close: 41142
#IntradayLevels
#Bulls can be active above: 41238 For the Levels Above
41369/41503/41666
#Bears can be active below: 41056 For the Levels Below
40976/40838/40685
Disclaimer: All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
BANKNIFTY FUTURE INTRADAY LEVELS FOR TOMORROW 29th MARCH 2023#BankNifty Future Analysis for #Tomorrow 29th March 2023
As per our #analysis for #BankNiftyFuture, we are expecting these below mentioned Intraday levels tomorrow, kindly check the charts on 15 min time frame and act accordingly.
Previous Close: 39588.85
#BankNifty Bulls can get active above 39671 For the #IntradayLevels towards 39787/39865/39952
#BankNifty Bears can get active below 39535 For the #IntradayLevels towards 39465/39389/29282
Disclaimer : All the provided levels are for #educational purpose only, please do your own analysis before doing any trade in the live market or consult your #financial advisor before act.
Follow Us For More #Updates in Future
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A potential multi-bagger stock (3)After PSU BANKS and sugar stocks rally
Its potentially turn for rice stocks and Railway stocks now
One can consider
NSE:CLSEL
CMP-122
Buy above-137 on closing basis
TARGET- 155 then ATH+
Stop loss- Breakdown of trendline with below 107
RSI Divergence observed
with RSI Trendline formation too
NOTE: Stock represents chart pattern similar as shown by GRM Overseas
So one can keep accumulation the stock on dips if possible
" JUST AN IDEA SO KEEP YOUR RISKS AND REWARDS IN MINDS BEFORE INVESTING"
reliance bear trap reliance has been falling since 74 days and has reached its previous long term support and has formed a beautiful bear trap.
Bear trap logic- it has broken the support causing people to go short and after a few days the market moved higher on very high volume
trapping sellers and has broken the falling trednline
STOP LOSS: below the trap
Target: green line
Crudeoil Analysis on Daily Chart (Expecting Downside)As per my analysis, I have seen that crudeoil is travelling between this parallel channel from a long time and respecting the levels.
I am expecting more downside in the upcoming days in case bottom blueline will be break, please comment below your views about this analysis.
If you have any query, please feel free to post in comment section.
Disclaimer : Information provided here meant for study/education purposes only & should not intended to as a trading/investing advice.
SRTRANSFIN | Channel + 200 EMA support - Looks potential for 60%SRTRANSFIN | Channel + 200 EMA support - Looks potential for 60%
CMP : 1275 (Dip : 1150)
SL : 950
Target : 1900
1:4 risk reward setup