DIVISLAB has been performing very well lately with prices breaking highs rapidly. currently, we can see a fundamental yet effective trick used by operators to manipulate retailers into selling their stocks, the Accumulation, Manipulation, and Distribution phases. Sound traders can buy now to get at least 4-5% gains.
BPCL is on a short-term downtrend, although the trade will be fairly risky, but it might be a juicy one given Nifty is also looking weak tomorrow. The price is near an internal 15-minute order block preceded by a huge amount of unmitigated liquidity. The price might tap into the liquidity and fall further down till it reaches the hourly timeframe OB.
CMP of ICICIBANK is currently resting on a strong order block, the whole thing is also preceded by an inducement which gives me strong reason to go long if the price shows some kind of entry triggers which I follow. Also, the chart is bullish on daily and hourly time frames.
EURUSD has been consistently accumulating in a wide internal structure, these structures are best for scalpers and day traders since they have a definite range with lesser volatility and high predictability. Order blocks are marked as per my analysis. Make sure to do your own analysis as well before creating any positions.
KAVA/USDT is currently trading on the last known order block. If the price bounces from here, we could see a huge upside potential. Given that the risk-to-reward ratio is at least 1:10, this seems to be a perfect opportunity to go long.
ABNB has seen a rapid fall in the recent past. Currently, the price is taking support from the 61.8% of fib level which also happens to coincide with a strong Order Block. On the hind side the price is trading below 200 EMA on all the timeframes starting from 4 hours, it is to be noted that the price has taken support from 200 EMA of the daily timeframe. It...
From the price action being presented to us, I believe Nifty is up for more correction before we see a further upmove.
Ambujacem has constantly been following a trendline and sooner or later it is bound to give a strong breakout. The company has great fundamentals; thus, Ambujacem can be a good pick for investors.
ITC is forming a flag and pole pattern, ITC has shown great growth during the hard time when the market has been acting up bearish. It is safe to say that ITC will manage to grow unhindered from the markets current sentiments thus making it a good for long trade.
Nifty has given a breakdown from its strong trendline in the 30-minute timeframe and has also been trading under the 200 EMA. Looks like a fall till 17750 is evident and as for me I'm putting my money that it might go way below 17750. Stay tight, and keep shorting.
JNJ has recently been through a sharp correction in its price and currently, it is trading at $160.39, so when we check the charts on the weekly timeframe we can see that the price has previously taken support from this exact point and has shot up every time, additionally the price has also tested and bounced back from the 200 EMA on the weekly timeframe and...
Positional traders can take good advantage of this opportunity, as the market is slowly turning bearish due to covid crisis world wide, we might see correction in individual stocks as well, here LT has formed a head and shoulder pattern and it is currently near its neckline, a solid breakdown from that point can make it fall to around 2075 levels.
Persistent Systems have been trading in a broad range for the last few months. It has tested the bottom range thrice and now the prices are hovering near the upper range where we can also spot an accumulation and a confluence of the upper range and another resistance trendline. As for the bearish section, there is a confluence of 200 EMA and the support...
Reasons - 1. Already in an uptrend and now broken out from pennant pattern with considerable volumes. 2. Overall market structure is positive along with LTI's index 3. Successive Higher lows
DIVIS LAB has formed a descending triangle pattern with significant price action setups. 1. We can spot a supply zone that has been marked on the chart, a good amount of shares were exchanged at that price before the prices came falling down. 2. The price then took support from the demand zone as marked and made a new swing high which gave a breakout but with low...
HDFCAMC has formed a pennant pattern on a daily timeframe which is being backed by the support zone. Reasons to enter - 1. Accumulating for the last 4 trading sessions. 2. Testing the trendline 3rd time. 3. Overall Market structure is bullish
Bajaj Auto is forming a bear flag pattern formation on the hourly timeframe which is too close to the breakpoint now.
Indusind bank has been losing steam after a big rally it is currently in a very critical spot with respect to its recent price action. 1. The price is trending at the recent support. 2. Price has formed a triple top before settling on the support zone in the last trading session implying the strength of bears in the market. 3. There is approx a 10% momentum...