Imran_I_Ahmed

Imran_I_Ahmed

Nifty is being rejected form the top of the Upward Channel and it seems that support has now become resistance. But after the RBI meeting anything could change.

Imran_I_Ahmed

Bank Nifty has broken down of the ascending wedge.. Time to be cautios

Imran_I_Ahmed

Brent crude has been consolidating and is range-bound for almost 3 years. Once it breaks out form the current range it would go till 124. Increasing inflation around the globe, especially for countries who are big importers of oil like India.

Imran_I_Ahmed

CMP - 411 TARGET – 1800 ⚡️Disclaimer: Any of my posts should not be considered as a Buy/Sell/Hold recommendation. This analysis is for educational and learning purpose only⚡️ Description: A descending triangle refers to a chart pattern used in technical analysis that is characterized by a descending upper trendline and a second, flatter horizontal trendline...

Imran_I_Ahmed

CMP - 3048 TGT - 3582 ⚡️Disclaimer: Any of my posts should not be considered as a Buy/Sell/Hold recommendation. This analysis is for educational and learning purpose only⚡️ Description: A range-bound trading strategy refers to a method in which traders buy at the support zone and sell at the resistance zone for a given stock. If price has bounced back multiple...

Imran_I_Ahmed

CMP - 23 TGT - 42 ⚡️Disclaimer: Any of my posts should not be considered as a Buy/Sell/Hold recommendation. This analysis is for educational and learning purpose only⚡️ Description: Reverse head and shoulders chart pattern is a bullish chart which signals a potential reversal of a downtrend. It is the opposite of the head and shoulders chart pattern (which is a...

Imran_I_Ahmed

A descending channel is a chart pattern which indicates a downward trend in a stock price. Visually, a descending channel angles downward, from a high point to a lower point. It is drawn by connecting the lower highs and lower lows of a security's price with parallel trend lines. This should have at least 2 resistance and 2 support zones to establish a...

Imran_I_Ahmed

A cup and handle pattern on a stock chart is an pattern which resembles a cup with a handle, where the cup is in the shape of a "u" and the handle has a slight downward drift or consolidation. The cup and handle is considered a bullish signal, with the right-hand side of the pattern typically experiencing lower trading volume. A cup and handle is considered a...

Imran_I_Ahmed

A range-bound trading strategy refers to a method in which traders buy at the support zone and sell at the resistance zone for a given stock. If price has bounced back multiple times from support and corrected multiple times from a particular resistance zone, this creates a good range to trade. Typically, traders use range-bound trading in conjunction with other...

Imran_I_Ahmed

There are 14 stages of market sentiment cycle, the 2 stages which are the most interesting and which every seasoned trader tries to identify are Euphoria and Despondency / Depression. Euphoria stage - This is the point of maximum financial risk Despondency / Depression - Point of maximum financial opportunity Have tried to plot the best estimate to understand...

Imran_I_Ahmed

Balaji Amines Has been consolidating for quite some time and is range bound. Both time and price correction seems done. CMP 2317 Target 3799 (64%) ⚡️Disclaimer: Any of my posts should not be considered as a Buy/Sell/Hold recommendation. This analysis is for educational and learning purpose only⚡️

Imran_I_Ahmed

Bajaj Consumer making Cup & Handle and has give a breakout Identified @ 220 CMP 279.95 (up 27%) Target 395 ⚡️Disclaimer: Any of my posts should not be considered as a Buy/Sell/Hold recommendation. This analysis is for educational and learning purpose only⚡️