Wedge
Devyani analysis Buy activated Devyani International Limited (DIL) is the largest franchisee of Yum Brands in India and is among the largest operators of chain quick service restaurants (QSR) in India. In addition, DIL is a franchisee for the Costa Coffee brand and stores in India.
If we look at the chart:
The stock has broken out to upside. and expected to move higher high.
Reasons:
It has broken Falling wedge pattern to upside. (Bullish)
It has been consolidating for 8 months and now ready to move to upside. (Bullish)
RSI crossing 60 to upside means bulls are in the control of the market. (Bullish)
Price > EMA(13) and Price < EMA(200), good point to enter to bull side right now. (Bullish)
Verdict : Strong BUY
Plan of action:
BUY: 165
Target: 190
Stoploss: 158
Bullish on Sbi Card Any one who wants to invest in credit card companies can go with sbi card as you see in chart that this share has starts fall from jun 2023 and now almost in ends .
this is trading bet as well as long term for 1 year . . .
this share forms a pattern of falling wedge so accurate
Discalimer:- i am not sebi registered all loss as well as profit both is solely yours . i am not responsbile for any kind of loss or profit solely you are respobile for that .
🚀LDO is displaying a bullish market structure 💎 Paradisers, #LDO is currently exhibiting a bullish market structure, supported by the presence of a Bullish Order Block (OB) and a supportive trendline.
💎Should #LDOUSDT demonstrate signs of bullish continuation, such as Change Of Character (CHoCH) or Break Of Structure (BOS) within this key zone, it would serve as bullish confirmation. This could potentially pave the way for further upward movement, targeting the next swing resistance levels.
💎In the event of a pullback, we may anticipate a bounce from below bullish OB level. However, it's essential to seek confirmation through similar CHoCH or BOS bullish structures before considering any trades.
💎Nevertheless, if the price breaks down below both the bullish OB level and the supportive trendline, it may be prudent to exercise caution and refrain from trading until clearer market conditions emerge.
ICICI Pruli:Multiple bullish patterns showing potential growth Stock has made inverted Head and Shoulder pattern on a broader time range and a pole and flag pattern on smaller range after a recent run in Nifty 50.
Stock can move towards its ATH in near time range and can further move to higher levels.
Fundamental remains stronger compared to other stocks in the sector.
View remains bullish for upcoming months.
DISC: For educational purposes only.
BNB COIN BREAKOUT OCCURREDBNB COIN BREAKOUT OCCURRED
BNB showing a strong trendline breaking
So here a good sinario occurred for selling
Sell with a good amount
Never hesitate to sell because it's a strong signal because
1. It's breaked the strong NECKLINE
2. ITS seen rarely in chat it's very difficult to find such trade
Thank you trade safely
Stay happy
BNB showing a strong trendline breaking
So here a good sinario occurred for selling
Sell with a good amount
Never hesitate to sell because it's a strong signal because
1. It's breaked the strong NECKLINE
2. ITS seen rarely in chat it's very difficult to find such trade
Thank you trade safely
Stay happy
EURUSD Fall - Classic Equality Count in Play | C = A WaveDisclaimer:
Trading in financial markets involves substantial risks. Consult your financial advisor before making decisions. This commentary is not a solicitation to buy or sell.
WaveTalks - Market Whispers!, can you hear them
13th Jan 2024 - B: Wave completed at the tops of 1.11393
Long Term Outlook
From its low at 0.95358, we're seeing a leading diagonal wave signaling a potential long-term uptrend. As previously discussed, big gains might be ahead. Once short term completes & the base is formed as discussed in short term analysis, EURUSD will move into next sequence of wonder to behold waves which is Wave 3. Let us wait & have patience for magic to unfold.
Short Term Outlook
It's building a base, possibly dipping to 1.02-1.04, a 50-61.8% retracement from the 0.95358 low to the 1.12757 high in July 2023.
Wave C = Wave A falls to 1.03118 falls in the projected zone suggesting a stronger possibility for Wave-C ending in the box zone 1.02 to 1.04 as discussed earlier
From
WaveTalks
(Market Whispers!, Can you hear them)
Abhishek
Falling wedge or bullish flag pattern breakoutVolumes in daily and weekly timeframe significantly good.
After breakout significant volume build up on each candle and also broke all time high with good volumes.
Falling wedge or bullish flag pattern breakout successful.
NOTE: I do my analysis, do your before trade.
Link: Waiting for Bullish Confirmation at Key Levels. 🚀💎 LINK is currently approaching its supportive trendline, We can also viewed it as an ascending channel because of above resistive trendline.
💎There's a likelihood of a bounce from this supportive trendline, but I anticipate a potential breakdown of the trendline to capture liquidity down to the bullish order block (OB). Even in this scenario, I'll be waiting for bullish confirmation at both levels.
💎If the price falls and breaks below the bullish OB, it would be considered a Change of Character (CHoCH) and a bearish sign. However, I'm not inclined to give much weight to the bearish trend unless Bitcoin starts exhibiting a bearish structure.
PERSISTENT SYSTEMS - Swing Trade - 17th March #stocksPERSISTENT SYSTEMS (1D TF) - Swing Trade Analysis given on 17th March, 2024
Pattern: GAP FILLED WITH FALLING WEDGE BREAKOUT
- Trendline Resistance Breakout - Done ✓
- Volume buildup at Resistance - Done ✓
- Demand Zone Retest & Consolidation - In Progress
#persistentsystems #niftyit #nifty #swingtrade #midcap
BANK NIFTY-Too seems to be in a weaker teritoryBANK NIFTY: Has already breached all its critical DEMAs and has only its 200DEMA which falls at around 46100 and is acting as the major support. Expect sell on rally till it holds above 47000 comfortably and on a closing basis.On the contrary BNIFTY giving a close below 46000 expect a sharp fall extending to 45500/45000 and below.*(For edicational purpose only)