IT IS IN STRONG UPTREND FOLLOWED BY MANY BULLISH CANDLES.AFTER IT BREAKS THE RESISTANCE LINE IT WILL GO UPTO RESISTANCE ZONE AT RS460.
IF IT BREAKS THE TREND LINE STRONGLY IT MAY GO UPTREND.OTHERWISE IT HAS A CHANCE TO GO DOWNTREND .
NOW IT IS IN RESISTANCE LEVEL IF IT BREAKS THE RESISTANCE LEVEL R1 THEN IT HAS A CHANCE TO REACH RS179 WHICH IS R2 POSITION.ALSO IT HAS A CHANCE TO BREAK HORIZONTAL CHANNEL.
KOTAKBANK is in uptrend and oscillate in uptrend channel. it will move up and touch below targets. Target 1 - 1565 Target 1 Date - 29th Aug Target 2- 1723 Target 2 Date - 8th Nov Watch out for break out line in orange color, if price break this level,then it will retrace and fall to retracement level.
For BALKRISIND ,there is a double bottom formation in the 1 hr chart signalling the re-tracement of the daily chart downtrend has started , if the price closes above 738.5 we can go for a long position and the target will be 764
This analysis shows that wave 2-3 in good up move in Trx-Usdt pair. Expected coming resistance 0.51. After that, a healthy shortfall will occur in a manner to move in an upward direction.
BTC can go to back between $90k-$93k which is very good for a sign for upword movement for next target between $99k-$101k resistance.
desc tri B/O on an newly formed uptrend. good R:R trade.
In an uptrend, when you buy in excess below value or somewhere in the bottom half of the value area, the take profit level is always at the control price. When an opportunity arises to buy just above the control, the take profit will be at the value high. The protective stop will always be below the tail of the smaller rejection value area on the lower time-frame...
Another Bullish Pennant Ready to Boost Bitcoin up to @10k . As mentioned in image the height of Pennant is the next target price , if it breakout. Normally Pennant formation is a continuous pattern, so there are more chances are for breakout in positive direction.
Technical: Strong breakout Awaiting After a breakout from a downward trend line, it strongly went up and then consolidated for a while, now it is showing sign of breaking the strong consolidating, which may take the prices further up to the range of 650-750 levels, with stops at 500. Fundamental: Undervalued Market Cap: 1600 Cr. P/E: 6.2 Debt to Equity:...
PNW break out to new highs. A bullflag formed and the Price strongly reacts t the support.. Looks like PNW have a lot of upside potential.
Notes on the chart. Do like and comment. Regards
ONGC breaks the resistance channel and RSI is going in the overbought area. Also 20 days EMA is support.
An inverse HS Formation completed in BWA. After the break of the neckline the target could be round the area 51$. Stop loss 40.5$
Just Dial has denied news reports, and has said there has not been a data breach of 100 million users on its platform. It added, there was a vulnerability on its older version of the app which has now been fixed. The stock is down over 3 percent. but according to my chart analysis just dial become very bullish share
FB formed a double Bottom from 11/18 to 02/19 which was confirmed by the succesful breakout on 14 january. Fueled by the earnings Reports on 30 january FB had a big upside gap. Now we have breakout of the consolidation and so we have further updside potential. Profit Target 215$, Stop loss 165$ 2:1 reward : risk ratio