change of trend after long consolidation, we can see price also reclaimed 200 dma from now on following the trend may give good risk reward ,and we can see formation of flag pole so usually rally would be lenght of pole
M&M is Trading all time High Between the range of 120 to 1285 The Stock Gives a Breakout from the range and make new all time high close at 1310 If it sustain at this levels we can see further upwords moment in this stock
MAHINDRA & MAHINDRA looks bullish momentum . Secondary trend breakout with retracement confirmation. Concentrate uptrend channel rally may continue towards primary resistance.
HDFC BANK looking good for bullish, If price sustain above 1510. It will move towards upward. refer the upcoming levels.
NSE: CROMPTON is looking to breakout out from the consolidation range. Today's volumes indicate a huge demand and should move to previous swing highs in the coming days. The stock has been in a accumulation phase along with trendline support over the past few days which is creating the uptrend. One can look for a 8% to 12% gain on deployed capital in this...
#BTC General Update BTC again got rejected from the $24,000 resistance zone and is currently trading below the $23,000 zone. BTC has strong/trendline support around the $22,600 - $23,000 zone and it's trying to hold above this zone. The market is bullish as long as BTC holds above this support level. A break below $22,600 will lead to a strong dump continuation...
MINDTREE LTD seems channel breakout. If price sustain above 3174, It will move towards upward 3554.
KPIT TECH - SWING TRADE IDEA 1. Look like a rounding bottom pattern forming... 2. on the weekly timeframe, it breaks the downtrend and started retracing now. 3. Based on the rounding bottom pattern the target should touch the all-time high which is 725. 4. If falls it has strong primary trend support at 500 to 520... Note: 1. I’m not a SEBI Registered advisor,...
Varroc Daily Chart candle closed above 200 ema Good up rally started from buying zone . The selling zone is far. Good to buy at 360 for target of 463+ SL below the BO candle 327
The stock DRREDDY broke its long awaited resistance zone on July 11th with an above average volume. Right now it is retesting the previous resistance zone (Which, according to price action theory might work as support now.) and also the 50 and 100 day moving average is just below the current price which adds double confirmation. the 200 EMA is at near 4400, if it...
BHARAT ELECTRONICS moving towards uptrend in Rising Wedge Pattern and also its seem like a inverted typical head & shoulder forming. so, keep concentrate for breakout confirmation. In daily chart, if price open & close above the trend line. Pattern will activate then it will move towards upward resistance.
MRF LTD seems like a Rounding bottom. It's Bullish pattern and also minor trend moving in rising wedge pattern. So, Its more probability to reach Tgt 76000.
1.global sentiment negative 2. war was not end (Chart shows a breakout ) (small Up Trend ) 1.IF Tomorrow gap up if break the resistance 15713.95 .. if we can see the price action for buying side and exit at the target price 2.If Open in flat wait for the trend up side or downside the take the trade 3.if gap down cross 15572 wait For close the 5 min or 15...
Hello Friends, Banknifty is currently looks like Cat on the wall, Kindly check the chart from May 21 to this week it is formed a descending triangle. If this break 34200 level then S1: 32100 S2: 29900 S3: 29200 S4: 26827 if it start moving up R1:36375 R2:38650 R3:39450 R4:41500 This is my view, So not suggesting for any type of trade. I am not liable to Any...
Hello everyone ! Lets analyze a swing trade - NSE:MARICO On Daily Timeframe we can see that the price of this stock is in an uptrend and is moving in a parallel channel since January 2022. CMP of this stock is 496 and we can plan a long position on this trade. Currently the price is at an important SUPPORT level and is ready to approach to its major...
CADJPY Long Set-up Reason For Entry 1. Clear Up Trend 2. CAD strong and JPY weakness 3. Keep it Simple
AU is creating HH formation so next key area is around 0.72500. if we break the previous high there is probability that we gonna test 0.72500 as its clear uptrend.i habe also mentioned the stop loss which is below 2 nd HL which is safe and its not gonna hit if we continues the uptrend once if in 30-40 pips profit trail sl to hl accordingly. Make sure you do your...