Last week we saw a special increase on Friday. - This increase confirmed the completion of the ABC correction wave and the price continued to increase. - Looking at the current uptrend, we see a structure of short candles with weak momentum. So this could be a big wave 1 in the uptrend structure. Looking at the bullish wave structure, we see that there are 5...
In short term period chart create a down trend . We can expect a good down move within 2-3 days. RSI indicate divergency . Price is below the volume. Intraday support level - 680-677 Scenarios: gap up - market open above 710 and wait 15 min for price action and if price goes below 703 then create short position with your Risk Reward. side base - don't take...
GOLD has changed from a downtrend to an uptrend after the speech of FED Chairman POWELL. After the price failed to break the resistance at 2517-2519, it is predicted that there will be a slight recovery to 2507-2502 and continue to increase. My plan for GOLD : BUY LIMIT 2507-2503 SL 2500 TP1 2514 TP2 2517.5 TP3 2521 TP4 OPEN
In day timeframe it break the resistance of 645 and make it support of now. . Now it behave like retracement . Weekly timeframe it's bullish. If we have any entry at 645 then Stop loss will be between 624-609 , Maximum volume will be at 609. it's a golden zone . Entry position : At first let break 720 level with good volume and our entry will be next day...
Buy - Drone Destination Ltd Cmp- 299 Tgt- 363/462 Sl- 264 *Note - This is just a view and not a recommendation*
Buy - Drone Destination Ltd Cmp- 299 Tgt- 363/462 Sl- 264 *Note - This is just a view and not a recommendation*
Shyam Metalics And Energy Ltd. is another interesting chart 1. 7 month's Consolidation breakout in the chart 2. RSI on all time frames above 60 3. Price Breakout with huge Volume candles 4. ABCD pattern on weekly chart 5. Major supports with cluster of moving averages in zone of 665 - 720 which can act as multiple support area. Fundamentally Company...
1. Moving Averages: 21-Day EMA: $61,916.55 50-Day EMA: $62,914.52 100-Day EMA: $64,250.01 200-Day EMA: $59,690.43 Bitcoin is currently trading just below the 100-day EMA, which is acting as immediate resistance. The 200-day EMA at $59,690.43 provides strong support, indicating a potential bounce-back zone if the price retraces. 2. Chart Pattern: The chart...
Kopran Ltd. is an interesting consolidation breakout stock 1. 12 month's Consolidation breakout in the chart 2. RSI on all time frames above 60 3. Price Breakout with huge Volume candles 4. ABCD pattern on weekly chart 5. Major supports with cluster of moving averages in zone of 247 - 273 which can act as multiple support area. Lets See How it...
DIXON Following a significant upward trend, the stock price experienced a correction and later established a Double Bottom pattern. Recently, a breakout occurred, backed by strong volume, suggesting that the price is set for further gains. Additionally, a notable increase in future open interest—nearly 11%—has been recorded. This rise in both stock price...
As i have Drawn the the Elliott Waves 5 Waves were Completed and now the Stock is in A,B,C Correction Wave Last Phase(C) which might Drag it more further downwards to the levels of 280. A Descending Triangle formation is Also seen. Price Action Suggests Continuation of Down trend. Let Wait and Watch.
CRUDE OIL LONG ANALYSIS 26 AUG 24 Trade : Swing Trade Pattern formed : Daily Time frame ( ASYMMETRIC TRIANGLE ) and in 1Hr Time Frame ( DOUBLE BOTTOM ) R/R = 1:3 Bullish levels : Target 1 : 6366 Target 2 : 6578 Target 3 : 6729 Target 4 : 7008 Stop Loss : 6010 This tech. analysis is purely for education purpose only. we do not recommend any investment as per...
Last night, social media was rocked by some pretty big news, as some may already know — the arrest of Telegram founder Pavel Durov. It all started when Durov landed on a private jet in France to refuel, where he was reported wanted minutes before landing. In total, the charges have the billionaire facing up to 20 years in French prison, considering that Durov is...
On this monthly chart LUPIN just broke-out from about 9 and half years long base. It is now trading slightly above the breakout point. If it sustains above 2025 level, we can see some significant rally. The momentum is pretty strong as indicated by RSI that is rising above 60. Its relative performance to CNX 500 is strong and is rising above its 12-month MA....
NSE:INDIGO has given a very clean breakout and a stop loss at ~4500 can be maintained here. Clear Blue Sky for the Stock to Fly ;)
NSE:INDIGO has given a very clean breakout and a stop loss at ~4500 can be maintained here. Clear Blue Sky for the Stock to Fly ;)
Gold rose rapidly to around 2518 during the US trading session on Friday due to risk aversion, but the overall one-hour trend showed that although the rebound was strong, the gold price has not really turned to long. The most intuitive signal is that gold prices failed to effectively break through the 2520 line and the historical high of 2531, indicating that...
RBMINFRA is breaking out from a 7-month base taking the stock to trade at new heights. It is now trading very close to the breakout point (after breaching the resistance during the last week). If it starts trading above 745 we can see some good rally. On this weekly chart momentum is strong as indicated by RSI that is moving up above 60. Its relative performance...