Most likely will fall back to support levels before swinging back up. ====== Keep in mind that if the overall market dips, most stocks will also go skinny dipping. Happy Trading!
Nifty Media has given a breakout on weekly time frame after 2019. The chart has crossed up 200 dma recently. Weekly time frame shows a hidde bullish divergence on weekly time frame. My view is bullish for medium term considering the indicators on weekly time frame.
As per the harmonic pattern NIFTY 50 moves to 17800 level( in a week ),however the long term movement of NIFTY50 is negative only
INDTERRAIN (W)- 60.3 CMP, looks good for more upsides keep track :)
Can Fin Homes is building a beautiful parallel channel . This channel begins from Fall of 2020, and builds up till date. The stock has given respect to both bands of this channel and continues its journey. Currently the stock is trading near its all time highs of 2017, which it did broke a few weeks back, but faced a strong resistance and retraced. This week can...
Good trade with more than 1:1 Risk reward. Multiple target levels are updated. This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
Technicals: 1) Consolidation of two years (Stage I). 2) Resistance zone breakout, after two years, with Volatility Contraction Pattern formation (Stage I to Stage II Transition). 3) Breakout supported with Healthy volumes. 4) Momentum indicators giving green signal. Fundamentals: 1) Almost a Debt free company. 2) Paying out good dividends. 3) Posting good earning...
1.Falling Wedge forming in weekly chart 2.Nifty Pharma Index is also bounce from support area 3.Stock is also bounce from demand area 4.RSI Divergence In Daily Chart 5.Stock is near 0.618 THIS ANALYSIS FOR ONLY EDUCATIONAL PURPOSE -THANK YOU FOR YOUR TIME ALWAYS PUT YOUR STOPLOSS 1ST
Technical: 1)Consolidation of almost 2 years. 2)Strong weekly close with good volumes. 3)Momentum indicators are looking good on weekly basis. Fundamental: 1)Posting good profit results. 2)Increasing EPS. 3)Almost debt free. 4)Healthy Dividend paying company.
Following trade is for educational purposes only. An Iron Condor is an option strategy, where the expected outcome for next week is range-bound. A CE option mentioned below is a European Call Option, while a PE option is a European Put. A hedger always buys these options and a speculator mostly sells one. But when the speculator only sells these options, the...
1) Cup & Handle Breakout. 2) Breakout supported with good volumes. 3) Momentum indicators giving green signals. 4) NIFTY AUTO has given weekly breakout. Auto sector stocks should give good move in coming days!!
1) Inverted Head & Shoulder pattern breakout. 2) Breakout accompanied with good volumes. 3) Momentum indicators looking good. Nice stock to watch out for!!
Technical: 1) Flat breakout with almost 5 years of consolidation. 2) Breakout supported with good volumes. 3) Breakout Retest supported with volume dry-up. 4) Momentum indicators all in support. Fundamental: 1) Company is almost debt free. 2) Positive cash flow. 3) Into Tech Niche - (Quality Testing). 4) Posting good profits. Good candidate to study from...
#BTC (weekly update) Technical analysis: Hello everyone, welcome to this quick update:- For the First time Since April 2020, After 8th consecutive Weekly Candle Closed above the 50 WMA now Bitcoin weekly closed Below the WMA50 & Lowest Weekly Close of the Year As well but its bear trapped, btc bounce nicely after the closed and btc again above the 50 WMA which is...
1. Based on historical price movement the new price action is forming just same pattern it made few weeks ago. So same following pattern can be seen this time! 2. Also double bottom was spotted on weekly chart. 3. Supply Demand / Flag formation / Wedge formation. 4. Stay tuned for sniper entry. Follow for more 📊 ALL THE BEST!
As Nifty Pvt Bank is near to weekly and monthly resistance after Feb 2021 , it may take a pause as show in the chart , HDFC bank will play a major role in the breakout
Technical: 1)Trading in Channel 2)Morning Star Candle formation at Weekly support. A good sign of reversal. 3)Daily momentum indicators also showing positive signals. Fundamental: 1)Amazing YoY Balance sheet. 2)Increasing YoY Net Profit. 3)Increasing YoY EPS. 4)Increasing YoY ROCE. 5)Almost debt free. Lucrative stock from Investment perspective. Study it!!
It was a Head and Shoulder break at mid of July, and still going to the target at downside, 1.02614!