This stock is technically too weak almost near its all time low. The stock marine electrical is putting no more lower lows from a harmonic bullish bat pattern which is sign of trend reversal . Other confirmations can be a trend line breakout and higher highs higher lows formation If anyones looking for a high rewarding low risk stock but rate of sucess is too low...
Expect a pullback in FCONSUMERfrom oversold levels Positional Buy : Company : FCONSUMER Entry Price : 6.85 Stoploss : 6.25 Target 1 : 7.6 Target 2 : 8
HEROMOTOCO is likely to take a BOUNCE from support line @ 2700 lvls as suggested by a bullish candle and past behavior on the chart TRADE BUY @ 2700 TARGET 1: 2800 TARGET 2: 2875 STOPLOSS: 2590
The stock has been in a downtrend since June, moving in a parallel channel. Currently the stock is touching its bottom channel support line, and is simultaneously near the long term support, and is a strong candidate for possible trend reversal. In my opinion, it is a bounce back candidate considering many reasons apart from the ones mentioned above: - RSI is...
Company : NATCOPHARM Entry Price : 1042.35 Stoploss : 938 Target 1 : 1146 Target 2 : 1198
RSI in oversold zone and MACD crossover towards the upside Entry Price : 44.4 Stoploss : 40 Target 1 : 48.85 Target 2 : 51
Breakout with good volume.. Ensure weekly closure above green line.. 92.6.. Indicating trend reversal Previous resistance acting as good support now.. Targets expected given in chart.. Let us see what market gives.. Chart is only for learning purpose. This is not a recommendation for buy or sell..
The stock can take support at the trendline support wait for a reversal pattern and then take the entry we try to look buy for the upcoming week Disclaimer: Please consult your financial advisor, Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Educational Purpose only
Bitcoin posted a strong upside rally and closed the last weekly candle with more than 12% gains. It formed a bullish weekly candle and made a high of $42,605 but in the last two days, traders rushed to book profits at higher levels and closed the week slightly below $40K. AT the time of writing, BTC is trading around $40,090. On the Daily TF, BTC is now...
Candle stick = 1 Hour Time Frame = Max. Candlestick Pattern Observed : Inverted Hammer. Indicates : Reversal in Trend
The stock has shown breakout of the declining pattern of descending triangle, can be bought for targets of 1450 and 1500, the next 2 resistance zones. P.S: This idea is for educational purposes only and should not be construed as an investment advice.
So after touch the level of 15900, Nifty reverse from the level. . Now Nifty is getting support from 15800, so for tomorrow there is two condition.. . 1. If Nifty break the resistance of 15900, then we should buy CE for the level 159450. 2. If Nifty break the 15800 support them we should go for PE. . In gap up opening we should avoid trading in the morning...
So, Nifty is traded at around 15632, so what we should consider on expiry day. . 1. 15733 is a strong resistance level if Nifty goes upside and break the level and made 15 minute green candle then only we will buy CE. 2. 15733 is a strong resistance level so maybe once Nifty touch this level and then reverse. So wait for the full breakout. . If I am talking about...
Descending Pattern formed in daily chart of Adani Enterprises. Price breakdown below 50 EMA. MACD gives bearish signal. Trend Reversal could occur. And after all,Market is in negative note. Target 1238
BAJAJCON is forming a good parallel channel pattern since last 140+ days. Now the stock is near its support line of the channel. Stock has also formed bullish harami ( japanese candlestick pattern ) which is trend reversal pattern from bearing to bullish. Considering these two good signals, this can be a good long opportunity. Please note that this analysis was...
Disclaimer-: 1. Long-Term Bets can be solely made from technical analysis if done correctly. Nonetheless this can be used in combination with Fundamental Analysis . So readers feel free to comment fundamental ideas if any, either in support of long or short, both will be highly appreciated. 2. **FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I...