Purvishdiwanji

Purvishdiwanji

RE-ENTRY INTO MONSTER STOCK : Pivot retest Support area hammer / doji Low risk entry 435-440

Purvishdiwanji

TSLA back in Stage 2 Stage 2A : - above all mas - crossing resistance - double bottom - increasing volume

Purvishdiwanji

Li Auto : - stage 2 breakout - breakout in week2.5.2023 - above average volume - RSI Rangeshift Price, Volume and MA all confirm Stage 2 breakout and today it showed a continuation breakout at open with a gap up which is ideal buy for retail traders

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Technicals : medium term 1. Price Breakout with bounce of 20dma 2. Above average volume 3. High momentum 4. @bbands squeeze open 5. S1 : 19700 6. R1 : 26935

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Technicals : - Bollinger bands outside-inside - W pattern - Double bottom - Exhaustion volume - Rsi 40 support Trade setup : Entry : 245 Stop : 239 Target : 260 RR : 1:2.5

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Technicals : - BB outside inside on daily - W pattern on D - Spinning top with high volumes on Weekly - Weekly at RSI 40 Support Trade setup : Entry : 2350 SL : 2290 (60pts) Target : 2470 (120pts) R/R : 1:2

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INDIGO : LONG 14.2.22 Analysis : 1. Price : HH/HL, near ATH 2. Pattern : W 3. Volume : rising 4. Momentum : GFS 5. Volatility : 15m squeeze opening 6. Trend : bullish (Price and RSI) 7. Trend Strength : +DI / rising 8. Time analysis : nearing full moon 16.2.22 (crossing ATH possible) Trade Setup : (1HR Chart, Intraday) CMP : 2265 Entry : 2285 Stop : 2244...

Purvishdiwanji

Nifty is forming flag section of the pole with resistance at : R1 - 17950 R2 - 18210 R3 - 18350 R4 - 18605 There is also a gap formed between 17622 and 17675, a 53 point gap which may or may not be filled. If Nifty comes to fill this gap, it may reverse from R1 (18210) and come down to 17622 which is 588 points and it may be in the form of profit booking on...

Purvishdiwanji

Mothersumi support and resistance levels S1 : 232 S2 : 216 R1 : 255 R2 : 275 Long setup for now

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Final Support for Nasdaq is at 15510 below which it will breakdown until next support at 15280

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Weekly Chart showing Cup & Handle pattern. Target 1 : 77 Target 2 : 79

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Trade Analysis : 1. Price : Breakout 2. Pattern : Flag & Pole (D/) Cup & Handle (M) 3. Volume : Good 4. Momentum : D-RSI over 60 5. Volatility : Bollinger Band squeeze open 6. Trend : upwards, price above 20 SMA 7. Trend strength : ADX 43, DI+ rising 8. Time analysis : Moon phase : waxing Trade setup : Entry : 43 StopLoss : 41.50 Target : 57 RR : 1:9

Purvishdiwanji Updated 

Technical Analysis : Pattern : Evening star on top Momentum : RSI Divergence

Purvishdiwanji

It's usually difficult to find Inverted H&S and it takes a lot of practice to arrive at certain chart patterns. Here's an inverted Head and Shoulder pattern in Idea and it broke out today. Target is huge and Idea was anyway oversold. Leave in comments what you think ?

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On weekly chart : 1. RSI crossed 60 today 2. Price took support from Trend line 3. Oversold stock 4. Positional Trade

Purvishdiwanji

Nifty showing flag and pole chart pattern with target of 17600