Date : 10th April 2024 Time :12.00 PM Devayani International is showing reversal from its usual support with other bullish indications. As we can see , first of all W pattern is visible from strong support. also there is a bullish Divergence too. Wave Count on Devyani is also looks like its time for ABC wave till depth of correction price level, which...
Vodafone is currently consolidating in both the 4-hour and 2-hour demand zones , coupled with daily trendline support , indicating a strong potential for a bullish reversal. This price consolidation suggests potential accumulation and could lead to a bullish reversal in the near future. Also convergence of support levels across multiple time frames adds...
NMDC Steel Ltd NSLNISP is on trendline support on the daily time frame with good volume. The stock can head towards 60, 65 in short term. Stop loss can be placed at today's low which is 52.91. Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is...
Stock Name: Crompton Greaves Consumer Electrical The best thing is that FII and DII also invested in this stock Once Price breaks the Red Trendline then add more Qty.
1. Trend bullish 2. Price trading at support 3. SL wait for 2 weeks closing below the 507 levels 4. RR lucrative from 1:8 to 1:22+
Once share break the green line and it gives positive signal to enter for long term target 500 but 392 is near support too. If by chance it breaks then near term short position will be chosen. My 1st Target is 427 2nd Target is 450 Since volume is increasing day to day and it is near to support and moreover, reason for downward is BAT going to reduce its stake. I...
Symbol - WIPRO Wipro Ltd is a global Information technology, consulting and business process services (BPS) company. It is the 4th largest Indian player in the global IT services industry behind TCS, Infosys and HCL Technologies. Wipro was in consolidation & accumulation phase from July 2022 to December 23. After that it broke out of this consolidation zone...
"trend inside trend breakout" waycoff strategy a short trend reversal inside a long period trendline follow stock..also respecting 20 ema stock also in long term stage 2 (minnervini)
The price is showing signs of reversal near its recent swing-low. Also, the degree and nature of separation in both bands indicates a start of compression. CMP - 2,265.55 R1 - 2,280.00 S1 - 2,182.00 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
ITS better to take position at this level to take good risk to rewrd ratio
NSE:BATAINDIA 1W TIME FRAME 1. Trading at a support line at ₹1358.00. The stock is experiencing accumulating buying interest and is expected to bounce back up. The stock price is currently resting on this support level. 2. Darvas Box: A rectangle on the chart created by drawing horizontal lines at the highs and lows of a trading range. The idea is that the...
No recommendation for buy and sell All chart discussion on chart Strictly have stop-loss as per your risk Market volatility Bearish market conditions Don't no what will happen
Nifty open higher but bulls didn’t survive into the market and traded range bound for entire session. Nifty has formed Doji candle on a daily chart which indicates thug of war between buyers and sellers. Double moving averages is giving cross down, we may see weakness into the market. If the Nifty index is at a low point and if the market opens positively the...
1. Support levels are highlighted as S1, S2 & S3 2. Heavy Selling 3. Negative News
Nifty open with negative note and rangebound throughout the day. Nifty has formed another Doji candle on daily chart, which indicate indecisiveness among bulls and bears. Index find immediate support at 22303 level and resistance will be 22520 level. This suggests caution and the need for careful decision-making in the current market environment. ⚠️ Important:...
📊 Script: ABFRL 📊 Sector: Retail 📊 Industry: Textiles - Products Key highlights: 💡⚡ 📈 Script has taken support near 224 level. We may see trend reversal from here. 📈 Upside we can see 245 , 250 level with support of 224 level. ⏱️ C.M.P 📑💰- 228 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am...
After Marking up my charts on the Daily Time Frame I realized that Price was at the bottom of a channel at 0.85209. Price then consolidated and retraced to a Stronger Daily Supply Zone. MACD was showing strong a Divergence directly at the channel. Once i seen Momentum in the upward direction I waited for Price to Cross the 20 EMA. Entered and set the Stop Loss at 0.84971.
Nasdaq has been Diverging on the Daily MACD since January 26th. Momentum is finally signaling towards the down side. Failing to make Higher Highs on the 4 Hour Time Frame, rejecting perfectly off of the upper Trend Line. Confirming that there is a Trend Change coming. Stop Loss placed above the Trend Line at 18092.26.