Break of Structure (BoS): A point where the price breaks above a resistance level, indicating a potential shift in market sentiment. Order Block (OB): A highlighted green zone, representing a significant area where large orders were likely placed, serving as a demand zone or potential support area. Resistance Levels: Two red dashed lines are drawn at ₹665.85 and...
Support and Resistance: The chart shows a long consolidation phase, highlighted by a black rectangle. This consolidation represents a trading range where the price was oscillating between approximately ₹120 and ₹180. Breakout: The price has recently broken out of this consolidation zone, moving above ₹180 and reaching a current level of ₹203.51. This...
The chart shows a few support and resistance levels. There is a key support level at 894 INR. The stock has shown a tendency to rebound off this level. The key resistance level is near 917.50. The stock has pulled back from the 61.8% Fibonacci retracement level and is currently trading near the 50% Fibonacci retracement level. This could be a good time to enter...
Resistance Levels (Red Dashed Lines): R1: 105.04 R2: 163.75 Key Observations: The price has shown a strong upward move, recently breaking above the 200 EMA. The price has also broken above its 52-week high. There is a significant increase of 49.23% projected from the current price level to the first resistance level (R1). Trade Setups: Buy Entry: Consider...
Resistance Levels (Red Dashed Lines): R1: 24,661.20 R2: 24,828.30 Support Levels (Red Dashed Lines): S1: 24,332.10 S2: 24,138.60 Buy Entry: Consider entering a long position if the price breaks above 24,661.20 (R1) with targets around 24,828.30 (R2). Sell Entry: Consider entering a short position if the price breaks below 24,332.10 (S1) with targets around...
Resistance Levels (Red Dashed Lines): Around 363.15 Around 278.55 Around 114.77 Recent Price Movement: The stock price is currently 57.83. The price has shown a significant upward movement recently, indicated by the blue candlesticks. The stock has broken above the 200 EMA, which is a bullish signal. The stock has also broken its 52-week high, further...
The Hindustan Copper chart presents potential trading opportunities based on key resistance and support levels, coupled with the 50 and 200-period moving averages. #### Key Levels: - **Resistance Zones:** 335-347 and 355-375. - **Support Level:** 301.95. #### Trade Ideas: 1. **Long Trade:** - **Entry:** On a breakout above 325, confirming the bullish...
The chart shows a bullish trend, with the price bouncing off the support level of 1,150 INR The candlestick pattern shows a bullish engulfing pattern, where the green candle completely engulfs the previous red candle, indicating a strong buying pressure. if the price breaks below the support level of 1,150 INR, it could be considered a sell...
Taking support at 50% levels Can look for long side. Only educational purpose.
Inverted head and shoulders breakout Target 1600 Above 200 EMA
Double bottom pattern Bounce back from support Only educational purpose
Can look for sell 3rd time rejection from Top. Target till bottom.. Only educational purpose.
Nifty 50 Index Chart Analysis (15-Minute Timeframe) Key Levels: - **Resistance:** 24,575.85, 24,660.65, 24,835.65 - **Support:** 24,439.30, 24,194.55 Trading Ideas: 1. **Bullish Scenario:** - **Breakout Above 24,575.85:** - Target: 24,660.65, then 24,835.65 - Strategy: Enter long on breakout confirmation. 2. **Bearish Scenario:** - **Breakdown...
Short Trade: Look for a strong bearish candle at the resistance level (around 52,750) to enter a short trade. Long Trade: Wait for the price to break above 52,750 and then retest the level. Enter a long trade with a target of the swing high. This trading idea is for educational purposes only and should not be considered as investment advice.
Dear Investors, Excited to bring to your attention a potential buying opportunity in the BTTC/USDT market. Currently, the stock has retraced back to key support levels around 0.00000087 USDT. This price level corresponds to the 70.5% Fibonacci retracement level, a historically significant zone that often marks a strong foundation for future price increases. In...
Retraced from 61.8 levels. Target 1487 Only educational purpose.
Retracement from 61.8 Good upside expected Target 430 Only educational purpose