Hello Traders and Investors, today I will take a look at Nvidia . -------- Explanation of my video analysis: If you are objectively looking at the stock chart of Nvidia, you can see that Nvidia is currently trading in a solid rising channel formation. But as we are speaking, Nvidia is retesting the upper resistance and considering that we just saw a rally of...
After consolidating for a good amount of time after a strong uptrend, the stock is ready to break out. The support on EMA is intact and the volume push supports the break out. Looks good for a short term trade Entry - Above 1716 SL - Below 1627 Target - 2000+
Hi Realistic Traders, let's delve into the technical analysis of NYSE:BABA ! On the weekly chart, BABA is making some exciting moves! It's broken out of a falling wedge pattern, forming a bullish candlestick with a long wick right on the EMA 34 line. But what really caught our eye? The significant volume spike, more than double the average. Now, why does this...
BLOCK (formerly Square) has experienced a significant sell-off since its all-time high of $290 in July 2021, dropping to a low of $37. This marked the completion of Wave 2 in its price cycle. Currently, we are observing two critical zones: Must-Buy Zone : Between $33 and $51. Historically, the price has spent minimal but crucial time in this range, indicating...
Breaking out of rectangle patter formed since Feb 20 should mean an upside target of 648. Good results & defence industry make it more resilient in the face of other factors affecting the economy (e.g. election and recession). Do your own research and this is not a recommendation to trade in this stock.
Weekly chart: Triangle formed with 2 or more touches to both its upper and lower lines. Early breakout too and could signal a rise to 587. However, if this goes to form, it will retest the upper triangle line at 339 before heading higher. WARNING: This is not trading advice and just my own technical analysis. Do your own research and trade your own rules.
Nifty 400 points in 6 days. With no intraday scalping headache. Set the indicator from Risological. Wait for the price crossover of the Dotted line. Sell at the TP4. This indicator has been catching profitable Nifty moves pretty consistently.
Reasons for bullish bias: - Price bounced from support - Entry is at breakout of HH - DOW theory, SL at last HL Entry Level (CMP): 244.95 Stop Loss Level: 222.23 Take Profit Level 1: 267.67 Take Profit Level 2: 290.39
Double bottom formed from May 19. Breakout Nov 23 Retest Feb 24 and now broken out to the upside in May Appears bullish to me but do your own research and decide on your own trades. This in NOT a recommendation.
Support from March 2011 and November 2012 respected this week as PNN continues its downtrend. Water industry is experiencing a wave (pun intended) of problems. Could form another shoulder with high of 943?
Im back again friends. Nowadays im more focused on stock market and i trade mostly stock markets. As you can see Sprout has reached oversold territory and last support line. I believe it will go up very very soon. It can go up to 22%/44%. So i BOUGHT Sprout (0% Leverage) NASDAQ:SPT
Everybody loves momentum. Why not? Momentum is the best friend of every trader. I always wanted to find and catch the beginning of a confirmed trend. It's unbelievable it is happening in real life. Education and skills acquisition is the key to continued growth in any field. This especially holds true in the highly risky terrain called Trading. A lot of stocks...
KARURVYSYA has been in my bag from a year now. Never thought this would touch 80%++ in gains. I had sold 50% of it at 150 price level and held the remaining. I sold 25% of the remaining this morning and keeping the remaining 25% for some more gain, especially for the week after the election results. We are for sure going to see some crazy spikes /...
Chart Pattern: CMS Infosystem is forming a triangular pattern, a potential indicator of upcoming price movement. Support Levels: The stock has built a strong base at key support levels, suggesting a solid foundation for upward movement. Critical Resistance: A close above 435 could trigger a significant price increase, breaking out from the triangular pattern and...
Chart Pattern: NRB Bearings has recently exhibited an inverted head and shoulders pattern, which is typically a bullish reversal indicator. This pattern suggests a potential upward trend following a period of consolidation. Support Levels: The stock has established a strong base at key support levels, indicating sustained buying interest and forming a solid...
I always use a 200-period EMA and RSI with a 200-period. An RSI above 50 indicates bullish strength in the EMA. Let's analyze Bombay Burma (NSE: BBTC) shares. Based on the chart and the April 25, 2024, closing price of 1578.90 , the best buy is below 1553 . The stop loss is set at 1321.60 , with a probable target of 2107.00 . This setup offers a risk-reward...
RCF BUY VIEW TRADE REASON : 1)MONTHLY - Uptrend Correction Completed 2)DAY - Trend Reversal Entry - 147.50 Rs Target - 180.95 Rs Stoploss - 118.40 Rs Happy Trading .
Guys, it seems Marine Electricals getting ready for Super Performance soon. VCP Pattern - 14W-16/7-3 followed by STRONG Order Book both domestic & abroad suggests its a good Techno Funda pick