🔍Today is Tuesday, and it's a favorable day for trading. The cryptocurrency I'm analyzing today is Bitcoin. In the initial candle of the day, Bitcoin experienced a downward movement of around 6%, reaching a support level of $63,054. We need to observe its behavior in the subsequent candles around this support level. 🌊From a Elliott Wave Theory perspective, we've...
Meghmani Organics Ltd 1) Time Frame - Weekly. 2) The Stock has been in a Downtrend since (May, 2022) & In a Consolidation since (January, 2023) . Now It has given a consolidation / downtrend breakout & Closed with good bullish momentum in Weekly Time Frame. 3) The stock will find it's next resistance around the price 112.75 (13.75%) from the price 99.15. 4)...
1.Strong Trendline rejection 2.once the chart sustains above 149 level it can go up for sure 3.volume also increasing
Chart analysis: Pattern: Symmetric triangle pattern BO happened and re-testing of BO is happening. Breakout: BO of 1.5 years trend line and support is taken at 0.618 which is Golden Ratio . Volume: Volume action is clearly visible near breakout zone. Trade setup: Entry price: Close of 1400 price break candle. Stop loss: Below 1320. Target 1: ...
Fundamentally good stock, For long term investment . . Entry: 310 target: 350-410-450- sl: 283- 265 major stoploss/ support: 265 . ' ; good for long term investment. ' ' refer my old idea attached bellow. stay for update. Reset chart for clear view.
BIRLACORPN 52week breakout with volume rise and very important point is stock is retext & give a good support zone which is already broken resistant zone with h volume . respect SL ... like me of discipline trader large multicap company . .Company has delivered good profit growth of 19.3% CAGR over last 5 years holdings :-))) a) Promoters 73% b)FIIs &...
Procter and Gamble health is a pharma stock which is on the verge of giving horizontal level breakout. A weekly closing above 5500 will confirm the same. Stock is looking very strong with rising volumes. Keep in watchlist. This will be a slow stock.
Hey traders and investors! Let's explore the exciting world of Ingersoll-Rand (India) Ltd today, NSE:INGERRAND incorporated in 1921 is engaged in the business of providing solutions for infrastructure development, industrial solutions and climate control markets. Today, the company has emerged as being amongst the largest exporters of engineered goods in...
Biocon is among few stocks which did not participate in Pharma bull run. However stock has recently given a big volume bounce from its demand zone. 295-300 is an important zone to watch out for as it is a confluence of trendline resistance as well as 200 Week EMA. 1st breakouts are normally traps so use pyramiding to save your capital. If stock posts good...
Chart analysis: Pattern: Basing pattern is formed. Consolidation might happen near breakout zone after a big rally. Breakout: Basing pattern is broke the All Time High (ATH) price after 16 years. Volume: Volume action is clearly visible near breakout zone. Trade setup: Entry price: Close of 148.40 price break candle. Stop loss: Below Low of price...
Chart analysis: Pattern: Rectangle pattern is formed when the consolidation takes place. Breakout: Rectangle pattern is breakout happened on 24-Jan-2024. Price might comes to 770 for re-test of the BO. Volume: Spike in volume in BO candle indicating big players are interested. Trade setup: Entry price: Between 769.45 and 802.85 Stop loss: Below...
GOLDIAM INTERNATIONAL (DAILY TIME FRAME) This stock Trading 193 level Now. This Stock breaking the resistance zone of 190 range with huge volume. if this level sustains above 190 level expected to move 229, 250 and 333+++ on coming Days...
TATA STEEL KEY RESISTANCE LEVELS (136/138). The stock has been facing resistance at 136/138 levels multiple times. We saw a breakout candle on 2nd Feb. Follow-up buying will lead the stock further higher. Stock price if sustains above these levels Expected move upto 160 , 180 .
CMP : 128.10 STOPLOSS : 101.50 TARGET : 184.65 This is not a buy or sell call, analysis is shared for educational purpose.
📊 Script: RENUKA 📊 Sector: Sugar 📊 Industry: Sugar Key highlights: 💡⚡ 📈 Script is giving Ascending Triangle Breakout as shown in chart. 📈 Script is trading at upper band of BB and giving breakout of it. 📈 Already crossover in MACD. 📈 Double Moving Averages is giving Crossover. 📈 Volume increase along with price. 📈 Right now RSI is around 65. ⏱️ C.M.P 📑💰-...
If you look at 30 min chart of Bank nifty for today session it was clear from start of the day that buyers are going take the session look at first 30 min candle a pure "bullish wick reversal pattern" it confirmed that options buyers will take over the day!! Already discussed on 31st Jan analysis keep eye on opening for confirmation of trade. "Check" 45400 ce was...
MMTC is a company which has one of the worst fundamentals among all PSUs News of company being scrapped were in market couple of months ago. Only investors with high risk appetite and disposable money should be interested in this stock. Technically, a monthly closing above 70 will be confirmation for huge breakout. Previous attempt failed but now we have only 3...
Analysis: The provided chart of Borosil Renewables Ltd. on TradingView suggests a bullish breakout with potential for further upside. Here's a breakdown: Current price: ₹608.75, up 7.45% from the previous close Breakout: The stock decisively broke above the resistance level of ₹528.75, Volume: Increased volume at the breakout point confirms strong buying...