Update
HINDALCO-- UPDATE : Rounded Bottom Bullish chart pattern. HINDALCO ---UPDATE : 06/03/2023 -- ROUNDED BOTTOM BULLISH CHART PATTERN --DAILY CHART
1. This is reference to previous idea of HINDALCO -- , we can see rounded bottom cup formation of chart ,
2. correcttion from 480 sub level sub to 400 level downtrend form, and after support formation of 400 level curve seen upside level .
3. 415 form as support , stock seen close around this level which is near by trendline breakout , if breakout candle seen then stock will be at bullish zone . for target 440-480 + as mention in previous idea.
4. Nearest support level 404-408 , resistance 425-440
5. CCI , EMA bullish crossover seen ,
** . arrow indicate rounded bottom formation levels.
THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !!
HAPPY TRADING !!
DB CORP --UPDATE --HOURLY CHART --FOR 13/02/2023
DB CORP --UPDATE - HOURLY CHART --FOR 13/02/2023
1. fall seen from 132 sub level from last few days towards 103 level on last closing session .
2. Consolidation on hourly chart 103 to 108 sub level seen .
3. triple bottom seen at bottom of consolidation 103 level consecutively .
4. LAST CLOSING HOURLY CANDLE IS HAMMER CANDLE
5. If this support hold on hourly candle , will up move towards 106-108
6. if 102.50-103 this support breaks on closing hourly candle , then will see breakdown bellow 100 level
** as this is make or break level .. watch is closely on hourly candle .
THIS IDEA IS FOR EDUCATIONAL PURPOSE only.
ALOK INDUTRIES - UPDATE - 08/02/2022ALOK INDUSTRIES ...on Hourly chart update today 08/02/2022 .. triangle formation is in progress , at present bellow 20,50,200 SMA ..but strong support line at 27.50 taken support today around this level consecutive 3rd time and double bottom formation at trendline also seen ..triangle breakout bullish line seen at 29 stock will be bullish again once cross and close hourly candle above 29 .. next target will be 32 and so on
IF 27.50 broken and hourly candle close bellow 27.50 trend will be bearish bellow 27 to short term downside can hit 25 Level .
RSI Seen double bottom formation at hourly chart which is positive sign at present.
THIS IDEA IS FOR EDUCATIONAL PURPOSE.
** HAPPY TRADING.!
AXS RETESTING MAYBE GOOD TIME FOR LONG TARGET 100 DOLLARaxs was getting ready for breakout now broke out and retesting the support maybe e can take a long from here it is risky but rr is good #NFA watchout the rsi if it goes up after trendline then take long with sl below support
HAVE A GREAT PROFITABLE TRADE
Will BTC take a Step Back Before Getting Back on Track | $24000Hey guys welcome for a fresh BTC update
--------------------------------------------------------
A request from all of you to please like and follow our Hard work to keep encouraging us, there's no fee for likes and followings :)
--------------------------------------------------------
I Hope everybody has filled their bags with lots of gains on recent Bull Run and as year is on verge to say Goodbye we need to give BTC some space to rest on..
So here's what we see is BTC Dominance is falling and can touch our target of 68 and 67 therefore we can expect good season for ALt Coins in coming days.
What we can see in BTC analysis is that BTC has faced strong rejection after touching all time new high at $28400 and is now falling back inside the ascending triangle. So you Guess it correctly its a good time prepare for short upto - 9.7% and if major correction happen then upto -33%.
I wish you very BEST LUCK !!
Hope you get some real value out of it...
--------------------------------------------------------
Thanks for reading...
--------------------------------------------------------
this is Husain Zabir, signing out
Thankyou...
Update: Bajaj Auto Bullish View ContinuedToday in the last hour of the market, Bajaj Auto had a breakout to fill the day's gap down opening.
Reason for the breakout was the entire day's bullish consolidation.
My bullish view is further continued in the stock.
The stock performed really well today. Despite a negative news of COVID cases in its largest manufacturing unit, it could still hold its uptrend movement in the last hour.
UPL STRATEGY UPDATEAs you can see I gave a short term holding call on UPL.
Price then : 956-964
Price now : 1040+
Return : 9% (80 points approx / share)
Duration : 1.5 - 2 months Approx
I hope some of you might have earned through my call. Please like and follow, it motivates us.
What are your views? Let me know :)
Thank You, Happy Trading
Disclaimer: I am not a registered broker or analyst these are only my opinions based on current market and I am not responsible for anything based on my idea. Do your own research before trading.
BULLISH OR BEARISH WAIT TILL FRIDAYNifty finished its correction of ABC Waves from 9119 to 6826.and this correction is exactly 50% of its
previous rally from 4628.
Now the shortened 5th wave rally namely X Corrected exactly 50% at 7893.
We are in a critical juncture at least for a week.
the chart clearly explains what to do next