Crude Oil is on an very important support level, if crude sustains on this level chances are high it may consolidate and give a breakout. Considering winters are also coming, chances of taking support is also high. Note: This is only for analysis purpose, please do your own analysis before punching any trade. For more technical setup, please do follow me
Nifty FMCG has given a healthy correction of ~16% and is trading at a crucial make or break level. Its following a broadening channel pattern and has reached the bottom level of the megaphone channel, which gives a favorable risk/reward ratio to initiate a position. It has formed a head & shoulder pattern also, but its trading near the base of a major...
PVR has given a correction of ~40% from its latest High and is trading at a important make or break level. Current price structure is following a Descending triangle pattern, supported by the golden ratio zone based on swings from 2020 onwards. The daily RSI is at 28.41, indicating the stock is approaching oversold territory, which may precede a potential...
Aarti Industry has given a good correction of ~64% from its top due to weakness in its energy business, drop in Mono Methyl Aniline (MMA) margins ,and is trading near a important support area i.e 400 level. Currently its following a descending channel pattern and has formed a double bottom pattern. Earlier price has formed a Head & Shoulder pattern, & price...
Dabur is near a major support zone, it has respected this level from 2020. Waiting for a dead cat bounce from the support level. Once the downtrend line is broken and price gives a positive close above it we can initiate a long i.e 515 level. Early Entry can be initiated with a strict SL, if a bear traps occurs below accumulation phase we can increase...
Nestle is trading at a very good support zone after giving a health correction of ~22% ,supported by a multi year trendline since 2018. Current price structure is following a Ascending Channel Pattern & its retesting an important breakout level i.e 2100, which used to be an area of supply prior to the breakout. It has always respected the 200 EMA in higher time...
Berger is on an important support zone, this zone is respected from Apr 2020, its also near its golden ratio zone of 0.618 levels. Currently its continuing the downtrend once the downtrend is broken and price gives a positive close, we can initiate a long above i.e 465 level. There is a unmitigated Order Block below so if the range is broken and price...
Bata is on a crucial support level, stock to be kept in radar Once momentum starts building up and 1480 level is broken, we can initiate a position. Note: This is for analysis purpose, please do your own analysis before punching any trade. For more technical setup do follow me
Trying to continue the momentum formed by inverted head & shoulder. Important selling zone present at 260, candle needs to close above this level for confirming long positions. If it correct from current positions 249 can be a good position to initiate long with SL around 238 . Note: This is just for analysis purpose, please do your own research before...
Took swing support at 0.618 Given a range breakout with good supporting volume Retest post breakout pending, if the candle sustains above breakout level can give a good target till t2 Note: This is just for analysis purpose, please do your own research before punching any orders. 🔍 For more technical analysis and trade setups, make sure to follow me on...
Swing Idea: Potential swing trade for 500 point Attempting breakout of two levels after downtrend: Trendline breakout. double bottom with ascending triangle breakout. Taking support on moving average. Daily and weekly RSI >= 60. Note: This is just for analysis purpose, please do your own research before punching any orders.
Trying for a long reversal by giving a breakout of trendline. Took support on 200 ema on higher time frame. RSI slowly rising above 60. Price needs to close above above 37850 for breakout confirmation. Note: This is just for analysis purpose, please do your own research before punching any orders. 🔍 For more technical analysis and trade setups, make...
Attempting breakout of a major supply area by forming a cup & handle pattern. Momentum picking up Once price sustains above 570 levels we can expect a 12% to 20% move Note: This is just for analysis purpose, please do your own research before punching any orders. 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView
BTCUSD is trading in a range from 61700 to 62200, now it is trying to break the range which can be a liquidity grab scenario 62228 to 62250 seems to be heavy resistance area, so mostly I will be going with sell on rise Note: This is just for analysis purpose, please do your own research before punching any orders. 🔍 For more technical analysis and...
Price took bounce from its support zone ~ 1800 level + took 50 ema support Price has been consolidating from last 16 bars or 112 days and attempting for a breakout Momentum is building up slowly There is a supply area near 2200 levels, will initiate a entry with a small quantity and once price sustains above 2050 level will get a final confirmation. ...
Share is trying to come out of downtrend. Took a bounce from 150 level Volume spurt is seen which may initiate a buying, hence a risky trade, only for risky players. 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView
Quick Scalping for a 15 points long target. Price is at support level, attempting breakout of down trendline break in shorter TF. Note: This is just for analysis purpose, please do your own research before punching any orders. 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView
Attempting for a breakout by creating a ascending triangle pattern Momentum is a already up Expecting a 12 % upside movement Note: This is just for analysis purpose, please do your own research before punching any orders. 🔍 For more technical analysis and trade setups, make sure to follow me on TradingView