The German index is just 3% away from an all-time high strong outperformer against global peers. now at 15875, can move beyond the 16300 mark on the downside good as long as hold the 15250-15300 area
Guar gum is an agri commodity and is traded well in India The counter is currently in grip of bears and can witness downmove the earlier support now acting as resistance as can be seen from charts
GAIL in the past couple of sessions, made multiple attempts to kick out the resistance zone of 105-110 it failed will it be successful now? and make a move towards 140?
as per setup the earlier resistance got cracked out with volumes during the current nifty down move, the stock witnessed support at 800-820 zone now a breakout above 875 would be a confirmation of long with a stop below 845 for target 925-940.
trading above 20 & 50-period average trading now well above earlier resistance areas should approach previous hurdles at 4225, which if sustained can continue towards 4450-4480
support and resistance they play a truly crucial role in trading If you want to trade like a pro, there's something you should know: Support and resistance, they're the stars of the show! this can be understood from the below:- Support is like a floor, it holds prices up high, Resistance is a ceiling, prices can't seem to fly. When prices hit support, they tend...
Reliance: the heavyweight counter is trading in a tight range with support can be seen at 2250 areas while hurdles at 280-2410 zones the counter need to surpass this range for any effective trade however good for option strategies like IRON FLY, IRON CONDOR, STRADDLE SHORT with a hedge, and calender strategy as well
The technical chart of the counter is trading with negative bias and it needs a successful close above marked areas once done can give a successful trend on higher side with lower levels which is swing low as stop loss
Chemicals are most likely to make a move the stock tested support and is now near a breakout area The monthly chart looks truly good here with support intact it is likely to test Life time high in months to come
The price action of LTIM suggests that it is in consolidation for a couple of months. the supply and demand are now in a 10-12% range. the script had attempted fake-outs in the past as well which failed at trendline resistance areas. LTIM needs to give a close above this level for any decisive move Failure to close above 4800 makes it a strong resistance...
The counter looks set for a good move with now trading at life high it could be seen to be accumulated in parts in the next 1 year and this could be more of an investment bet and not trading.
here we will create an IRON CONDOR IT is an options strategy consisting of two puts (one long and one short) and two calls (one long and one short), and four strike prices, all with the same expiration date. The iron condor earns the maximum profit when the underlying asset closes between the middle strike prices at expiration. ideally nifty will stay above...
Stock taking support at lower zones, with that as sl and a close above chandler stop will push the counter for a good swing upmove
ab capital strong bullish after a good consolation after move 1.0
it is entering zone of resistance where it can feel heat and spend some time before breakout !
triangle formation is a chart pattern formed by drawing trendlines along the highs and lows of price action. This pattern typically indicates a period of consolidation in the market, with decreasing volatility and narrowing price ranges, as the forces of supply and demand become more balanced. Ascending triangle: This pattern forms when there is a horizontal...
With stop below the second green line a strong candidate for a 4 to 5% up move Mahindra Holidays & Resorts India Limited is a leading Indian company that provides holiday accommodation and vacation ownership. The company is a subsidiary of Mahindra Group and was founded in 1996. Its headquarters is located in Mumbai, India. Mahindra Holidays offers a range of...
tHE counter trading in tight range and need a breakout the primary trend is up but since its in consolidation, its better to wait for further moves