ICICI Bank Observations - We are looking at daily chart of ICICI Bank - 5 day EMA and 21 day EMA at 1117 & 1119 respectively - red line of resistance around 1133-1137 odd levels - stock is near blue line of support for the 5th time ( not a conducive scenario) - 200 day EMA and green line of support around 1031-1040 levels For me this does not give confidence to...
DATE - 12th March 2024. HDFC Bank has breakout today with good amount of candle size and volume too. Applied Concepts Chart P. - Inverted H&S Positive Order Block from Daily Time Frame and Previous OB of Monthly TF as shown in chart. Only OB is not a good option so here we have applied FVG (Fair Value Gap) also, Price Action has successfully reversed...
Update :- Following the upper range breakout, silver met resistance between 95,000-96,500 zone. Examining the 4-hour timeframe reveals a trendline originating on May 24th. Yesterday, May 29th, this trendline was breached, hinting at a double top (M) reversal pattern. Confirmation of this pattern awaits at the 90,000 level If this level breached, a subsequent...
Yesterday we book 1900 points profit on silve 360 points profit on gold. Today 1250 points profit running on silver 200 points profit running on gold enjoy massive profit in 2 day's again Disclaimer - This information is only for educational purposes, this is not for any buy or sell recommendations . On Our Harmonic pattern indicator based trade setup take...
Today will be gap up opening in BANKNIFTY. After opening if banknifty sustain above 48550 level then possible upside rally of 400-500 points upto 48950 level & this rally can extend another 400 points if market gives breakout 49050 level in todays session. Any Major downside only expected in case banknifty starts trading below 48450 level. also possible reversal...
In this analysis, I'm presenting a short position opportunity in Bitcoin (BTC/INR) based on a recent trend breakout and the formation of a triangle pattern on the 4-hour chart. Currently, the market is trading around 66,970 INR. Here's a detailed walk-through of my thought process: Trend Breakout: The 4-hour chart reveals a clear trend breakout, suggesting a...
Rattanpower has given monthly breakout from a strong resistance zone of 16-18. Stock is very risky and operators favourite. However, volumes are at all time high and there are few rumours around it that Adani power is going to acquire the company which might be fueling this rally. If you are a high risk momentum trader , you should be interested in this...
Targets 6680,6720 Best support at 6500 Please put your own analysis while trading.
Crompton Greeves Analyasis on 31 May 24 Stock is above all moving average possible formaiton of golden cross in weekly T/F Positive Supertrend Try to buy on deep & more quantity after breakout of 400 Keep stoploss - 350 deep stoploss - 300 Target 420 - 450 - 500 - 550 - 570
Pair: GBPNZD Daily Sell range 300 pips Sell area 2.077 Reason +Break channel +Fib GOlden zone +Retest monthly Low Bullish AREA 2.04 Reason +Fib golden number +Month low
Date : 31-05-2024 ------------------------------------- SWING RESEARCH TO OBSERVE CANBK Looks Good ABOVE 119 SL 110 Target 123, 127, 137, 155 Hold few weeks Please consult your financial advisor before investing All research for educational purposes only.
The stock is forming a symmetrical triangle, approaching the apex, indicating a potential breakout soon. The RSI is at 51.54, suggesting neutral momentum with potential for upward movement. The MACD shows a bullish crossover, with the histogram indicating a positive shift in momentum. A recent increase in volume supports the potential for a breakout. Immediate...
#ASTRAMICRO trading above Resistance of 802 Next Resistance is at 1006 Support is at 626 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and...
Hi Guyz, Currently RTNL Stock has given good breakout from recent Highs. What's your View? Also fundamentals of this stock is giving good positive Note!! Post your views!!. Happy Trading and this view is for only Educational purpose
Ethereum daily Fibonacci, the main target is a decline and correction to the price of 0.618~0.5, it is only a matter of time before it reaches that level.
A strong Divergence pattern is formed on the Weekly Chart. Also we have an indecisive candle on the daily chart. WTF Resistance : 23,200 WTF Support : 21,850 Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Eidparry breaking c&h pattrn #weekly with huge volume good rsi macd crossover #target can be 850 only after breking 700 EDUCATIONAL IDEA
BIKAJI FOODS (1W TF) - Swing Trade Analysis given on 1st June, 2024 Pattern: ASCENDING CHANNEL - Weekly Resistance Breakout - Done ✓ - Weekly Volume Buildup at Resistance - Done ✓ - Demand Zone Retest & Consolidation - In Progress Please Note: This is also at a 4 Month Breakout Level * Disclaimer