-realty sector trading in a channel -took support in lower trend and formed strong reversal candle -now it should touch upper trendline before any further fall
📊 Nifty Smallcap ✅ Reversal from ATH with strong bearish candles currently no sign of recovery ✅ Trend + support of 16350 broken next station 15800 ✅ Those smallcap stocks holding strong in this kind of market will rally fastest when smallcap index takes support or pause for retracement
📊 Bank Nifty ✅ Reversal from upper Trend, currently entered in support zone (1hr time frame) ✅ Rsi also heading towards lower trend support, we can see reversal soon but before reversal it will try to trap newbie & impatient traders ✅ I am expecting 50200 level soon
📊 Nifty50 ✅ After double Top formation couldn't hit upper Trend channel and fell badly from ATH ✅ Currently trading near lower trend channel, if nifty touches lower trend and reverse from there that will be the best scenario but it can also break the trend & when it happens many retailers will exit their portfolio and that will be the best time to make fresh...
Double Top in Nifty50, it can fall a little bit more (150-200 points) after that it will reach upper trendline and make fresh All time high
-Breakout With Strong Momentum Keep IN Radar -rsi breakout -triangle breakout -volume high
-ready to break symmetrical triangle pattern -momentum is high volume also rising slowly in lower tf -rsi rising shows strength -above all crucial ema
-volume is high -rsi also ready to give breakout -if sustains above 3600 then it will break ATH from here -keep in radar and after entry entry keep stoploss tight
Manorama ready to break all time high wiyh very high volume, rsi also breaking trend momentum is high can give good return keep in radar
-ready to break symmetrical triangle pattern -volume rising -rsi also ready to break trend -support from 50 ema -macd crossover done & adx also rising -this will give decent return above trendline
-looking very strong -rsi bullish divergence with trend breakout -rise in volume along with price -moving strong with price
-strong reversal from lower support zone -rise in volume along with rsi -after breaking upper trendline it will start rally -keep it in your watchlist
-forming strong candles near resistance -rise in volume with green candles -rsi looking strong
-ready to break upper trendline with volume -rsi already broken trend - strong reversal candles from lower support zone -keep in radar it can give decent return
after a long run came back for retracement and took support in lower trend and reversed with strong momentum, now looking strong can give decent return in very short term keep in radar
- Technical Analysis: - Price fell more than 40% from the top and found support in the lower zone. - Formed a bullish marubozu candlestick pattern, indicating strong bullish momentum. - Currently approaching immediate resistance and trendline with high volume. - RSI showing positive momentum, supporting the bullish view. Trade Strategy: - Entry: Consider...
- Technical Analysis: - Found support from the lower trendline. - RSI breakout indicating increasing bullish momentum. - Formed a bullish marubozu candlestick pattern at the support level. - Currently showing upward movement and may attempt the upper trendline again. Trade Strategy: - Entry: Consider buying on continued upward movement.
200 EMA + Trendline Support + Morning Star Pattern volume also increasing in lower time frame along with rsi momentum looks strong keep in radar