EUR/GBP is limping towards north with subdued momentum. The brexit uncertainty is set to continue for six more months. Hence, the pair is unable to find a trendy move. Technically, the pair formed an ascending triangle pattern and broke its resistance of 0.86543. Since there are no fundamental triggers to act in this counter, it is set to hobble its way to the...
The much awaited breakout happened in Maruti In the week before the last one only. But, it is better to not fall prey to failed breakouts. Hence I waited this week to confirm the breakout. Analysis:- 1) Strong Chart patterns — Triple bottom formation with triangle pattern breakout. 2) Reclaiming 20WEMA — So the actual wait was not just the triangle breakout,...
NSE: Tata Steel possible bounce back for 518 Possible Long at current level with Stop loss below 442 Short term target 486, 518 and 544 Use stop loss
NSE: PNB Housing Possible long for 1037+ Trading above 50% fibo level and acting as support Possible long at current level with stop loss @ 824 Target insight 963 & 1034 + in short term Break out above 1000 level will push prices rapidly higher Break below 824 will bring more downside Use stop loss and trail stop loss Time frame 4 to 6 weeks
Buy 1533-1550 (May Be Gap up Opening) Target 1 - 1570 , Target 2 - 1600 , Target 3 -1625 , Target 4 - 1650 SL 1500
NSE: Everest Industries might fall to 388 Broken below triangle and support line. Might fall to 424 and next 388 in short term.
Stock has formed the Classical Descending Triangle within a Falling Wedge. It has given breakout today with gap. ALthough it made a black candle but still this breakout is valid and gives the opportunity to enter cheap. Those interested in pattern trading could use the setup for the target of 227.50/243. Disclaimer : All ideas are my personnel view. Please take...
This is daily chart of SUNTV on NSE (INDIA) with CMP @ 607.55. It seems to be a good shorting opportunity in the scrip based on following observations: 1. It is downtrend which is obvious from the chart. Counter trendline has been drawn which acts as resistance marked by arrows. 2. It is also observed that price tests EMA50 on retracement and gets rejected to...
Cardano (ADA) Buying Opportunity Between 1150-1180 and take Profit will be Between 1300-1350. Buy Cardano Coin and Enjoy Profit. Let c...... Stay Tuned......!! Learn Here , Earn EveryWhere
Indicators showing weakness. It will reflect upcoming days. Vijayaraghavan.K, Kovilpatti.
Triangle pattern on havells and broken the triangle today and will continue the movement on upside. Levels to watch entry zone - 602 to 605 levels to exit - 611 and 619
Ontology is about to breakout from triangle. lets see in which direction it breakouts. Keep it in your watchlist. Invest at your own risk as it seems good profit from here but market manipulation can do opposite things as well so if you enter then do by using stop loss as well and invest only what you can afford to hold/loose for long in crypto.
stock has reversed from previous high which has provided crucial support to the stock. It has retraced 50% of its current move also on daily chart it has given breakout from descending triangle if we go buy the measurement rule the next likely target for the stock comes around 1550/1600 with strong support at 1280!
Refer chart for target and stoploss details Vijayaraghavan.K, Kovilpatti.
A good triangle breakout today with good volume . A clear winner with bullish MACD .
Keep a watch.. this could be a turn around on canfinhomes
we can see great move on breaking above trendline resistance