It making cup and handle pattern on weekly time frame. Fundamentally strong company. Support 460 and target as per pattern is 725
Looks like big momentum is expected in coming days as huge volumes are seen.
Buy bajaj finance futures as shown in chart with target being around 22 % up since it being in a range chance of it going down is very less thus futures can be brought thus making the gain 22*5 = 110 % ( multiplies by 5 since the leverage of 5x is given ) IMP = Dont settle for smaller gain coz someday the losses ll be big ....its either the target or the decision...
Bandhan bank seem to continue in negative or sideways mode, considering the last quarter results, it should stay above 220 range, but the not being part of MSCI index seem to be leading the downtrend, which may continue till this month-end, but lower side should be 170-175, this is only for education purpose, do your own research.
✅ The stock has recently broken above a 2.6-year-old resistance level, which had been a major hurdle since early 2021. This breakout indicates the potential for a significant upward move if the stock sustains above this level. ✅ The 8-year-old strong support trendline has been a critical foundation for the stock, consistently providing a base for upward...
Resistance Level: Identify a key resistance level where the price has previously reversed or shown significant selling pressure. This could be a historical resistance line, Fibonacci retracement level, or a moving average. Bearish Candlestick Pattern: Look for bearish reversal candlestick patterns at or near the resistance level. Examples include the bearish...
Bank Nifty consolidating price range. No trade zone mentioned as box and buy/sell entry level updated. WKLY high and low marked. Confirm long entry with 21 DMA
Hello, I'm Whale_signal 1H - BTCUSDT Update The beat keeps going sideways If you go below the purple whale's surface, you'll have a hard time And check the important indicators above 1H, 4H See 1D Chart To Get Below Purple Whale Surface Be careful because it can become more volatile That's all for the free whale indicators The Ethereum Whale...
February 2024 is the month of volatility and true to form even technical resistance lines are hovering above .. the final decision of the usfda over the kothur plant inspection will be out and the q3 expected blip in the results due to the accounting policy of the booking sales and profit share of gRevlimid drug .. Meanwhile the API plant in Manali, Chennai...
Explaining the current impasse in fibonacci terms: > In the previous upmove 0.618 was the resistance from which share price retreated despite blockbuster earnings coinciding with a slew of negative news.. > After finally exploding through 0.618 level, the next logical resistance level of 0.786 is the new barrier.... Once it overcomes this resistance it may...
While the market is rife with speculation of specific stocks and sectors getting a boost due to possible budget discretionary impact I continue to focus on Natco Pharmas steady rise in price as it begins to start the catch up with its stellar business performance... One can see the bollinger band reducing now and the share price coiling up within a triangle like...
Jio Financial Services Ltd: Share Price Overview Currently, Jio Financial Services Ltd is trading at ₹320.20 on the NSE. The stock has witnessed fluctuations in recent sessions, reflecting the market's uncertainty about its future direction. However, understanding the technical indicators can provide valuable insights into what might be expected next. Technical...
Round Bottom Breakout RSI above 70 and rising Trading above EMA50 Volume spurt 30+ months of consolidation Good quarterly results Disc: for study, not a recommendation
JK Paper Stock Breakout than Retest On Support | Bullish Stock
The weekly chart might be making IH&S Pattern. Will it make IH&S on the Weekly Chart?
Date 15.08.2024 MRPL Timeframe : Day chart Remarks : Formed descending triangle & at neckline. In between 100 ema & 200 ema as support & resistance. Breakout & breakdown arrows/direction is marked. Regards, Ankur
Date 15.08.2024 Max financial services Timeframe : Day chart Remarks : At support of 100 ema + support trendline. Keep fibonacci levels as important support area at downside, if any breakdown occurs Regards, Ankur