The stock is in continuously uptrend and given multiple breakout, recently corrected and retrenchment golden level. The bullish engulfing candle created from support & fib level and partial confirmed from volume surge. Idea : Go long above mentioned level in week chart with stop loss at support level and target of 30%. Short only if support...
In daily frame, the price given a inside candle breakout and in weekly chart in uptrend parallel channel with proper support & resistance. The entry , stop loss and target mentioned in chart. Inside Candle (821-847) 15min Chart NIFTY PHARMA Thanks
The stock has set up for long trade. - wait for triangle breakout with volume surge. - support for EMA , Trendline and Fib. Key points marked in points. Thanks
The chart structure positive and entry will cup & handle neckline breakout at Rs 4000 Call writer are squaring their position at 4000, 4100 and 4200 and significant put writing as 3900. Thanks
The price is continuous upward trend, proper entry will be after resistance breakout at Rs 8370. Thanks
The bullish candle formed from major support level with fib support, substantial volume and RSI indicating the price at oversold trajectory. Entry will be above Rs 1848 with Stop Loss of Rs Rs 1672 and Target Rs 2200. Shorting opportunity if price rejected from EMA 200 level of Rs 1850, target and stop loss as per risk reward appetite. Thanks
Khaitan Chemicals and Fertilizers Limited is engaged in the manufacturing of Single Super Phosphate Fertilisers, Sulphuric Acid and its variants, Processing of Oil Seed and selling of Wind Power. The Company has India’s largest Single Super Phosphate (SSP) production capacity and SBI has released 37,995,680 (39.17%) pledged shares of the promoters in Dec 2021 as...
The stock is fundamental strong and technically given multiple confirmation & entry point. The analysis given below : a) Falling Wedge: The price structure was in HL-LL and given a resistance breakout with volume. b) Inverse Head & Shoulder: After the breakout and making new high, price was consolidating in range with neckline acting as...
In weekly chart (note: two crucial sessions are remaining in a week) , BNF taken a support from Area of Confluence and if current week candle closes above Rs 33305 i.e. 1st Feb-21 budget candle high (refer below chart), we can consider trend reversal. In total in three gap created by BNF past 20 sessions, every gap will act as support & resistance for...
The chart is self explanatory and key points considered as follows : a) Descending Triangle b) Moving Average 200 c) Fib level 0.618 d) Volume & RSI e) Price action zone i.e. demand zone f) Key Support at Rs 1050 Thanks
Inside Candle : The price consolidating in inside candle with three bullish candle in 6 past session and volume surge & positive RSI. Long : Above Rs 1755, or Short only if support of Rs 1650 broken. Target & Stop Loss as per price action and risk management. Thanks
NIFTY BANK NIFTY FIN SERVICE NIFTY PSU BANK NIFTY METAL NIFTY IT NIFTY PHARMA NIFTY AUTO NIFTY FMCG NIFTY ENERGY NIFTY INFRA NIFTY REALITY NIFTY MEDIA NIFTY MIDCAP 100 NIFTY SMALLCAP 100 USD/INR DOLLAR INDEX
The chart is self explanatory with key points. Entry = Current Level , Stop Loss = Below Support and Target = t , t1 , t2 Thanks
After continuous fall, price showing strength with trendline breakout in day time frame and retested level in shorter time frame. Disclaimer : Be cautious in trading in crypto due to high volatility and high risk
Key Points : - Cup & Handle - Hidden Triangle/Wedge Breakout - Volume Surge at Breakout Level - Metal Index + - Price above key moving average Thanks
Today candle violated the 200 EMA and Fib level 0.50. After the steep fall, index may retest the level of 16400 and next key support will be 15850 or parallel channel trendline. Thanks
The multiple attempt price failed to break resistance and slipped below 200 EMA and trendline support. The entry will be retest level and target & stop loss mentioned in chart itself. Thanks
The chart simply analysed on 1D , 15 min and 5 min time frame. 1 day time frame : Range bound support & resistance, 200 EMA and Fibonacci level analysis. 15 min time frame: GAP analysed, which is acting as support & resistance. 5 min time frame: Trapped Candle Analysis Thanks