Mention In Chart According To Rsi Divergence Price Is Bullish But Price Action Make New Lower Low Which Can Attract Price Towards 61000 In June And Elliote Wave Theory Is Also Make The Price Bullish But Moving Averages Below 200 Again Makes It Bearish So There Is No Trading Zone Utnil It's Break Either Side As I Mention In Chart With Example And Have Good Trading Day.
TATA Motors is about to break above Monthly H&S Pattern --> Breakout will make it Multibagger for coming 3-4 Years Price can touch 4000+
This EURCAD 4-hour chart analysis indicates a bearish continuation setup. Multiple Break of Structure (BoS) and Change of Character (ChoCh) levels suggest strong bearish momentum. Price is trading below key moving averages and encountering Fair Value Gaps (FVGs) acting as resistance. The Relative Strength Index (RSI) supports the bearish outlook. Immediate targets...
Suven Pharmaceuticals analyasis on 16 Jun 24 breakout and retest after Mar 2022 add small quantity now try to add on dip till 650 to 670 keep stoploss 550 (on closing basis) target 780- 825 - 850 - 860 -900
Ascending Triangle Breakout RSI above 65 and rising Trading above EMA50 Volume increasing Disc: for study, not a recommendation
For the June 3rd weekly Analysis Nifty was trading above the previous week all time High, but current trading price is 23,465 above there Was a round number 23,500 in market if there is round Number in that round number market try to do reversal Or retest like that happen, so if market breaks the round Number then we can expect that nifty will in bullish, or If it...
Rbl Bank (weekly) Just trade the breakout & breakdown on symmetrical triangle pattern. 23% of fibonacci is acting as strong support & resistance as range shift or trend shift. On breakout along with rsi 58 is another confirmation of momentum continuation Regards, Ankur Singh
✅The stock has been consolidating below a descending trendline but has recently broken above it, indicating a potential bullish reversal. The breakout is accompanied by strong volume buildup, adding confidence to the move. ✅ Immediate support around ₹2,000, which aligns with the lower trendline. Stronger support near the 200 EMA at ₹1,989 providing a robust base...
✅The stock has been in a long-term downtrend within a descending triangle but has recently shown signs of breaking out above the descending trendline. This breakout indicates a potential bullish reversal, supported by a 2.8-year-old strong support level. ✅ Immediate support around ₹220, aligning with the lower trendline and strong support level. This provides a...
Nifty IT Index is turning up into a possible Bull trend. The index has made its first higher-high and simultaneously its momentum (RSI) too has crossed up into its bull zone, above 60, both for the first time since Feb 2024. its relative performance to CNX 500 is still -ve though. After the breakout price has been consolidating within the 7th June bull bar. A...
Hello everyone, yesterday gold experienced a quite significant recovery. At the beginning of the session, gold traded stably, but near the end of the session, this metal quickly increased and recovered more than 280 pips. Currently, gold temporarily closed at 2332 USD and increased about 1.24% during the day. Accordingly, gold prices increased despite the USD...
Overview KEI was established in 1968 as a partnership firm under the name Krishna Electrical Industries, with the prime business activity of manufacturing house wiring rubber cables. Today, it has grown into an empire with a global presence, offering holistic wire and cable solutions. A prominent player in the cables and wires industry, has caught my attention...
BANKNIFTY is currently hold the level of 50000 & once the rally start it could see the levels upto 52-53k. Strong contraction predicts by bollinger band & the higher probability suggest that it could break upside. But the volatility move will start & will Trap Many of traders. Let the Market decide the direction & will follow the footprints of SMART MONEY....
Gujrat Pipovav Pert Analysis on 16 Jun 24 Fundamently strong stock with Almost Zere debt and Good FII Holdings stock PE (25.60) is less than industry PE (34) Rounding bottom formation breakout and retest after 2016 try to buy on dip till 180 to 200 Strict stoploss 150 (on closing basis) target 225 - 250 -275 rouding bottom target 300
After a swing of 18% now a Gravestone Doji candlestick pattern is formed on the top. The breakdown of 26,825 will open the lower levels. Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
The price has given the breakout of the structure. Also RSI is above 60, so the probability of an uptrend is very high. The next Important Level is 3,838 Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Symphony LTD Analyasis on 16 Jun 24 Double bottom formation stock PE (58) less than Industrial PE (89) Stock is above all moving average Monthly RSI is above 65- try to buy on dip til 1200 to 1225 Keep strict stoploss 1100 target 1300 1350 - 1400 - 1500 Double bottom target 1580
Chambal Fertilizer analysis on 15 Jun 24 Stock PE (13) is less than industry PE (30) RSI Above 65 Formation of rounding bottom If come down try to buy near 390 to 400 Stoploss - 310 Target 460 - 500 - 550 Rounding bottom Target 650 to 680