A short rally very likelyCholamandalam cmp 1275
Fib and trendline support. this stock will rally at least 15 to 20% from here.
Candlestick- thats a bear candle on the top which is negative. So caution definitely.
X-indicator
FLAG PATTERN BREAKOUTEID Parry has given flag pattern breakout. The breakout candle is supported by rising volume indicating a strong momentum for short term and mid momentum also long term momentum is good. the R:R we can achieve in the trade is 1:4.
At a good supportThis stock too has halted at fib support and has strength. This stock is still a good buy here. The bear candle on the monthly chart is the only sign of weakness on this chart. We will see the rally and take a call whether to hold or exit the rally.
triangle breakout Borosil Renewables has given a breakout through a falling trendline and also triangle.
the breakout is with good volume. we can see short term and long term momentum is good in the stock and buyers interest can be seen rising. With the R:R of 1:3 the trade seems good.
Tejas Network in weekly timeframePattern repetition in Tejas Network on weekly tf- will the pattern repeat itself again?
Tejas Network in weekly timeframePattern repetition in Tejas Network on weekly tf- will the pattern repeat itself again?
Tejas Network on weekly timeframeAttempting for falling trendline breakout again with immediate support around 1320.
For the past 6 weeks it's within the range of 21st October week candle- in that case, base support is at 1230 and if it breaksout, sustaining above 1426 is very important.
Uniphos Enterprises cmp 157.51 by Weekly Chart viewUniphos Enterprises cmp 157.51 by Weekly Chart view
- Price Band 174 to 180 Resistance Band
- Price Band 143.50 to 148.50 current Support zone
- Price seemingly respecting Rising Support Trendline
- Volumes increase needed, been way below avg traded quantity
- Stock Price moving upwards post testing retesting the Support Zone
- Weekly Support at 174 > ATH 195.50 with Resistance at 132 > 111 > 85
MOIL LEVELS 08.12.2024MOIL forming inverse heading and shoulder pattern, once it's come right shoulder (retracement)
@ 310-320 buying opportunity target will be 350- 410
Stop Loss 280 @ Daily candle closing basis
(DYOR)
GOLD TRADING POINT UPDATE >READ THE CAPTAINBuddy'S dear friend 👋
Gold Trading Signals 🗺️ 🗾 Update Gold Trader's Today NFP High Impact of USD Technical Analysis Update Gold NFP open 2650 big up trand 2667 +2678
Trader's FVG back Down trand 😱 My Target 2540 Open New York sessions Gold Down trand
Resistance level 2665 2678
Support level 2621 2604 2540
Support 💫 My hard analysis Setup like And Following Me 🤝 that star ✨ game 🎯
Double Bottom + Inverted Head & Shoulder Pattern Breakout✅ Angel One has broken out of a long-term descending resistance trendline, confirming a double-bottom + inverted head & shoulder pattern on the daily chart. The stock is trading near the 3400 resistance zone, with strong volume indicating bullish momentum. Sustaining above 3400 could lead to a rally towards 3900 and higher levels. Traders can look for a retest near 3300 for better risk-reward entries.
Eris Lifesciences Approaching Resistance Zone: Keep In Radar✅Eris Lifesciences is trading near a key resistance zone at 1500 after a strong uptrend, supported by higher lows forming an ascending triangle pattern. Sustaining above 1500 with volume could trigger a fresh breakout, leading to targets of 1600 and beyond. Positional traders may consider entering on a breakout or a retest near 1450.
AXISUSDT LEVELS 08.12.2024AXISUSDT Trading as sideways market from 2022 middle, once it's breaks 13.7 at monthly closing basis then will expect previous high.
RISK REWARD IS GOOD
(DYOR)
Breakout Above Resistance With High Momentum ✅EMS has broken out of a descending triangle pattern on the daily chart, crossing the key resistance at 880 with significant volume. Sustaining above this level could lead to further upside, targeting 950 and beyond. The strong volume spike supports the bullish breakout, and the RSI is trending higher, indicating strong buying momentum.
MTNL has successfully broken out of descending triangle pattern ✅MTNL has successfully broken out of a descending triangle pattern on the daily chart, closing above the key resistance level of 50. Sustaining above 50 with strong volume could lead to a rally towards 60 and beyond in the short term. The RSI is trending upwards, indicating growing bullish momentum, making it a strong candidate for a positional trade.
Maithan Alloys Breakout from Descending Triangle✅Maithan Alloys has decisively broken out of a descending triangle pattern on the daily chart, crossing the resistance at 1180 with strong bullish momentum. Sustaining above this level could drive the stock towards 1280–1300 levels in the near term. RSI above 70 indicates strong buying interest, supported by increased volume, making it a favorable setup for positional traders.
Breakout from Descending Channel, Looking Very Strong
✅The stock has broken out of a descending channel on the daily chart, crossing the key resistance zone near 70 with strong volume. Sustaining above this level could lead to further upside towards the 76-80 range. RSI above 70 signals bullish momentum, making it an attractive setup for trend-following traders.
Strong Breakout From Falling Wedge Pattern✅The stock has successfully broken above the falling trendline resistance at 750, supported by strong volume. Sustaining above this level can propel the stock towards the 800-820 zone in the near term. RSI indicates rising bullish momentum, making it an attractive opportunity for traders to follow the breakout.
Breakout from Key Resistance: Keep In Watchlist ✅The stock has decisively broken above the resistance level at 270 with strong volume, signaling bullish momentum. Sustaining above this breakout level can lead to further upside toward 300 and beyond. The ascending trendline provides strong support near 230, offering an ideal risk-reward setup for positional traders.
Time Technoplast : Bullish Continuation Pattern✅The stock has broken out of a strong resistance zone at 460 with high volume, signaling bullish momentum. Sustaining above this level, it could target 500 and beyond in the near term. The ascending trendline and 100 EMA at 366 provide robust support, offering a favorable risk-reward setup for positional traders.
Goldiam International- Breakout from Long-Term ResistanceThe stock has broken out of a long-term descending triangle pattern on the weekly chart. The breakout above 400 marks the end of a consolidation phase that lasted nearly two years. If the stock sustains above 400 with continued volume, it could see a strong rally toward 500 and beyond. A retest of 400 as support would provide an excellent buying opportunity for positional traders.
Gabriel India - 15% upside potentialDaily Chart:
Double Bottom formation along with Bullish RSI divergence
Neckline + Horizontal Resistance Break
Massive Volume Spike
Trade Execution
Entry - Wait for Retest near 470 levels
Stop Loss- Below Breakout Candle + 200 EMA daily
Buy at CMP 2267 and add more towards 200 range @434
Target 1 - All time High 548
MANAUSDT LEVELS 08.12.2024MANAUSDT Trading in sideways market from 2022,once it's breaks 0.836 at monthly levels, will expect to reach previous high.
RISK REWARD IS GOOD
(DYOR)
