Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take trade as explained below :- ENTRY - When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade SL - SL is (-3%) Which is mentioned in Chart . our SL is...
Consolidation and take support. Best financial performance. IRCTC Stock Daily Time 200 EMA support Weekly Time 50 EMA support
The price tested the supply/resistance trend and very much chance to retrace below before breakout. It is a chance for a short position with SL's recent high.
GBPUSD is looking good for selling setup 1.wait for resistance area to sell 2.in smaller timeframe , looking for retracement and then selling 3.fib 50% area of selling
EURUSD buying setup 1. On higher timeframe , EURUSD has came to support zone . 2.It is taking support on 38 % fib retracement . 3.Overall downtrend ,but need a pullback.
September 2, 2024 Medplus seems to have completed a triple correction and is on the rise. It created a demand zone between Rs 595 and Rs 605 level. The stock retested the demand zone for the second time in the last week of August, and as expected, buyers came and moved the stock up toward the Fib retracement 50% mark. If Medplus holds the 50% level and...
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
Explanation: This is a very useful trading system. This means that you should not take a trade blindly, but rather that there is another confirmation to take the trade you can use this for perfect entry and perfect exit This trading opportunity is based on volume, previous price, and price range , are included Entry/Exit point's: - It has very easy entry and...
Looking at H1, we see a sharp decline on Friday last week to the 2494 area, signaling that this is wave 3 in the red 5-wave trend above. - According to the 5-wave structure, the price is currently completing wave 4 and then the price will continue to move in a downward trend to complete wave 5. The target is measured for wave 4 at the price range of 3507 - 2510,...
Chart of the Week: Deep Dive into Technical Analysis Join us for our weekly chart analysis where we dissect the most trending stocks and indices. This week, we'll delve into the intricacies of technical analysis. Learn how to: Identify patterns: Spot classic chart formations like head and shoulders, triangles, and flags. Use indicators: Understand the significance...
Rashtriya Chemicals & Fertilizers Ltd. is an India based fertilizers manufacturing company. It operates through the following segments: Fertilizers, Industrial Chemicals, and Trading. The Fertilizers segment engages in the production and supply of various grades of fertilizers for agricultural use. The Industrial Chemicals segment engages in the production of...
In our analysis published on July 2, 2024, Axis Bank was trading around Rs 1250. In our analysis we had marked a demand zone for the stock. As we had predicted, the stock came down and dived into the demand zone. At present, it is trading around the demand zone. Check out our analysis to know more about our prediction on Axis Bank. We anticipated the move a...
In our analysis published on June 24, 2024, we had published our long-term perspective on Marksans Pharma. At that time, the stock was trading around Rs. 162. Here is our previous study on Marksans Pharma published on June 24, 2024 On August 30, 2024, the closing price of Marksans Pharma was Rs. 239.52. The stock has given nearly 47% returns in just...
Bank Nifty: Structurally, Bank Nifty differs from Nifty. However, if this week starts positively, we can expect it to reach at least the 78% Fibonacci level on the upside. in this case, > If the market takes time to reach that level, it may undergo a correction of 23% to 38% in the minor swing. This means if it reaches the 78% level gradually, it may lead to a...
Nifty and Bank Nifty Directions for the First Week of September Global Market Overview The global market hasn't changed much and continues to trade within a range, so the overall sentiment remains positive. However, there are a few events this week that need to be monitored closely. Our Market: In the previous week, both Nifty and Bank Nifty closed with...
SULA BULLISH, UPTREND may start After forming impulsive move bigger wave1, having 5th wave extended and has retraced 61.8%. Thrice tested support at around 61.8% May rise again for bigger move 3 if there is increase in volume Elliott wave analysis
Banknifty sustains above 51550 then only upside move possible. if banknifty breaks 51411 then 51268 level possible