Hello there👋 Today have studied Angel one stock Presently stock in downtrend. But it's an opportunity to invest in fundamentally strong stock. As it's available in half price from High's See the box have made on chart.. Upper level demand zone & Down supply.. Between can be consolidate. Rsi gone in bearish territory. Quarterly result are good as per Y On Y...
1080 below breakdown possible 1040/1000 can test easily
nifty media 1940 if break then 1880/1800/1740 will be next level which it can test easily
4200 below 41600/41200/41000/40500 can test soon in support level it can try bounce but expected that bounce will not sustain
Among all the sector nifty metal looks very weak 8800 now easily can test may be a day or two try to go up but sell on rise will be a good trading set up
25150 below auto sector breakdown if 24800 below sustain 24500/24000 will be next support level
This can prove to be a good setup. The reason is that it is reacting with HTF supply. it can only be hoped that it gets better
nifty pharma already breakdown 20500 below 19900-19950 next support level if break this support level 19500 will be a strong support
Compare to nifty , Banknifty looks weak 52000 below swing low breakdown possible 51700 below close then 51000 immediately can test 51000 below 50000 will be next level
What a fall in silver.... With unprecedented move in silver last couple of days saw a very good profit booking. Now at TL Supp... Trading channel Marked. Imp Reversal Marked.. Every Bounce is a SELL. Happy Trading Like... Share... Support
Trading in channel last 1.5 month If close below 24400 then downside move possible 24100 immediate support , if break support 23700 can test soon
The stock has been in a downtrend for the past month. Net Sales at Rs 915.06 crore in June 2024 up 77.7% from Rs. 514.96 crore in June 2023. However, the June 2024 results were slightly below March 2024. Key support levels: 639, 625, 603 If the support levels are respected. We can expect a good move of at least 20% (800 levels).
The stock has created symetric triangle pattern. The RSI on monthly, weekly and daily chart is above 60 which shows strong momentum. The stock has crossed the upper level of symetric triangle but few trading session are remaining to close the monthly chart.
The stock has broken its 2015 and 2017 resistance and retested the same. Look at the volume bars, long green bars of volume on weekly chart. The RSI on monthly, weekly and daily chart is above 60 which shows strong momentum. Fibo has been placed on the chart to make it simple and clear for plan their trade.
The stock is breaking its 2018 resistance and retested the same. One can see volume accumulation since Aug 2023. The RSI on monthly, weekly and daily chart is above 60 which shows strong momentum. Advance fibo has been placed on the chart to make it simple and clear for plan their trade.
Gold recorded new all time high at $2483 and faced strong headwinds to fell significant $90 from high to test $2393 before settling at $2400 Breaching $2393 calls for extended correction to $2388-$2383 while 4 hour time frame chart shows 8 continuous bearish candles indicating oversold conditions calling for interim rebound towards $2413-$2426-$2440 while $2440...
The stock is breaking its 2007-08 resistance with very strong volumes. The RSI on monthly, weekly and daily chart is above 60 which shows strong momentum. One can buy and hold this stock for a period of 1-2 year for a very good return.
This is a new bhramastra stock ready for big move. Check this chart for given gtarget. #niftyIT #iris