TRENT has been seen on a pennant chart pattern and is on the verge of a good breakout on daily TF after almost a consolidation of almost 2 months. The company has increased institutional investing, a good 50% and above increase in sales QoQ growth for the last 3 quarters and EPS growth of 40% to 100% in the last quarter. Good for swing traders. Can hold for...
Aegis Logistics , with its robust market presence and expertise in logistics and supply chain solutions, presents an attractive opportunity for swing traders. Reasons are listed below : Cup and Handle Pattern : Aegis Logistics is exhibiting a classic cup and handle pattern, suggesting a potential bullish continuation. Breakout and Retest : After multiple...
OPUSDT was trading under the declining trendline. The price was reacting well the support and resistance of trendline Currently the price has given the breakout from declining trendline with confluence to strong bullish divergence and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum target could...
Bank of India - Finally this guy is looking strong with multiple bullish structures 1. Rounding Bottom BO already done above 118 but price went into consolidation mode ever since 2. After BO, price started following Parallel channel and travelled from One shore to Other Shore - Flat for 4 months since Jan 2024 3. Now, the boat has touched the other side of river...
The above company looks a good chart to keep on watchlist the fundamental changes are something to watch closely . NOW talking about levels, 1400 strong positional basis support area where a retest if takes place would be a fresh add on current entry positions a break out taking place after 2015 ie approx 9 years is something to be truly particpate into !...
Hello everyone, if you like the idea, do not forget to support it with a like and follow. Welcome to this PEPE/USDT trade setup. Breaks out from the falling wedge-like structure, a retest is also done and is now ready to go upside. Buy some here and add more in the dips. Target:- 70-80% SL:- $0.006 If you like this idea then do support it with like and...
COAL INDIA - is nearing its 52 week high with decreasing supply on a daily time frame with a consolidation from the past 100 days. The company has seen an influx of institutional investing. Coal has also been a silent performer and will only increase with the dependency on the product. Good for swing traders to be kept on watchlist. Look for volume gain above...
4H has a small channel. 1H inside a range/consolidation. 1H range/consolidation breakout is probably the better confirmation for direction/entry. Major news at 8:30. So prob will get the breakout confirmation around 9 am or 10 am.
NITIRAJ is nearing its 52 week high with a dry up in volume on a daily time frame with a consolidation from the past 2 months The company has a minimum 400% increase in EPS QoQ growth for the last 3 quarters. Good for swing traders. Can expect an upward momentum of a min of 25%. Entry - INR 180(Trade Initiated) SL - (MA 50) - 5% TSL - According to your risk...
Hello Traders, welcome to today's analysis of AMD. -------- Explanation of my video analysis: After the massive triangle breakout on AMD in 2016, we saw a rally of more than +7.000% towards the upside. After the recent bear market in December of 2021, where AMD perfectly retested previous structure, we saw another rally of +250%. I am now waiting for a retest...
The stock is poised for a breakout move above it's all time high. Trend and RSI Momentum intact. My SL would be strictly at 624, target - 711.
CARVANA NYSE:CVNA - Feb. 15th, 2024 BUY/LONG ZONE (GREEN): $48.00 - $60.00 DO NOT TRADE/DNT ZONE (WHITE): $40.00 - $48.00 SELL/SHORT ZONE (RED): $25.25 - $40.00 By request. My main focus would be on the range between $40.00 - $48.00, this area has determined the trend five times, which are seen each time price touches and breaks or touches and rejects....
EURCAD was trading under the declining trendline. The price was reacting well the support and resistance of trendline Currently the price has given the breakout from declining trendline with confluence to strong bullish divergence and now seems like the bulls are getting ready for some strong upside movement. If the bulls sustain to upside the optimum target...
Bitcoin, the world's most popular cryptocurrency, has been exhibiting some intriguing technical signals lately. The cryptocurrency's volatility indicator, the Bollinger Bands, has narrowed significantly, reaching levels last seen in mid-February 2024. This development has sparked speculation among analysts about a potential price breakout for Bitcoin (BTC) in the...
US100 is trading in falling wedge pattern. The price was reacting well the support and resistance of wedge. Currently the price has given the massive breakout from falling wedge and after successful retest of the level will be bullish signal and seems like the price may go for another leg higher. If the breakout sustain to upside the optimum target could be...
MACROTECH DEVELOPERS (LODHA) - is nearing its 52 week high with a dry up in volume on a daily time frame with a consolidation from the past 100 days. The company has seen an influx of institutional investing in the last quarter. Good for swing traders to be kept on watchlist. Look for volume gain above the 30w moving average on weekly time frame. Can expect an...
While everybody is asking why the sell off yesterday and now switching to bear mode, this one is doing its thing. I think the market has punished enough this stock in short term, and investors are buying. The strategy here is buy some now, if it drops to the base of the large triangle buy more (around 145), if on the other hand breaks up the falling wedge buy...
Consider a promising swing trade opportunity in Elecon Engineering Company Limited , a leading provider of power transmission solutions, material handling equipment, and engineering services. Reasons are listed below : Decisive Breakout of Resistance : The price level of 1120, previously a strong resistance, has been decisively broken, indicating potential...