SBILIFE Breakout in the daily timeframe. but it should consolidate in a smaller timeframe. That's why I have drawn two imaginary expected paths of SBILIFE. Buying area is 1148 to 50. SL 15 points. Target-1164,1170 or you can buy above 1162 for the target of 1172. In this case, the target is very small but the target can be achieved very fast.
Seems that we are checking the retracement levels - in addition reaching oversold territory.
Tata steel at very crucial levels, If it break the triangle resistance then it will fly to it's all time high. But it is not triggered yet and might be triggered in two or three trading sessions. But on the other hand if it fails to break this resistance then it will test its lower support which is great and good for sudden bounce. So keep an eye on this swing...
Hcl tech on its Trendline area & it may get support from here, wait for a green body closing which will make it as a morning star formation. then buy & hold untill it make a 3rd top or all time high.
• Strong correction in the last days • Nice support at 644.6/652 • In the middle of the correction period there is a small flag which marked the midpoint of the move • Does the support hold at 644.6/652 or do we see a further correction to the next support at 610.40/623.8? • In my point of view an interesting level to build up a small position and waiting for the...
Fundamental analysis 1. Valuation: The company is expensive based on almost all valuation metrics such as PE or PS, however the guru focus model estimates that the company is ‘’fairly valued’’, while the 2 stage free cash flow model estimates that the fair value of AMZN share price should be around $5,500. 2. Growth: $AMZN remains a solid growth story....
NSE:PPL #PPL broken the resistance and closed above the level, Sustainability will give good positive momemtum. Good above : 160 with SL 145
# Titan is forming a flag pattern on an hourly timeframe! # Also, forming a double top and double bottom on 15 mins timeframe! # Getting ready for a breakout! # Rsi is decreasing and stock is losing its momentum!
Hey everyone SamC here, we are going to start posting some set ups for the following trading day of a couple names we are watching. Feel free to ask questions in the comments and give us a follow.
Not legal and financial advice; Any information provided here is only the personal opinion of the author.
Hey everyone SamC here, we are going to start posting some set ups for the following trading day of a couple names we are watching. Feel free to ask questions in the comments and give us a follow.
Hey everyone SamC here, we are going to start posting some set ups for the following trading day of a couple names we are watching. Feel free to ask questions in the comments and give us a follow.
The technical figure Pennant can be found in French company LVMH Moet Hennessy Louis Vuitton (MC.pa) at daily chart. LVMH is a French Holding multinational corporation and conglomerate specializing in luxury goods, headquartered in Paris, France. The Pennant has broken through the resistance line on 24/07/2021, if the price holds above this level you can have a...
PRICE PATTERN ANALYSIS- 1) Stock broke out today from a SYMMETRICAL TRIANGLE PATTERN 2) Breakout was approximately at 2/3rd of the length of the triangle, indicating strength of the pattern 3) Pattern was formed over a period of 3 months, making Lower Highs and Higher Lows, which made a Symmetrical Triangle Pattern. VOLUME ANALYSIS- 1) FALLING and LOW volume...
Based on history, silver follows gold pricing as well as charts very closely on average. Based on the fact that nothing has been truly settled and the dollars power has recently gained. It is opening up a perfect time to get in as ride the up swing just wait for the MAC D for example to switch directions heading up. Based on the time of the charts. Indicators are...
SUMMARY: IAMGOLD is a mid-tier gold mining company operating in three regions globally: North America, South America and West Africa. Within these regions the Company is developing high potential mining districts that encompass operating mines, construction, development, and exploration projects. SWING TRADE: Entry 'long' @ US$ 3.30 Price action has completed...
The stock is consolidating at these levels. We are awaiting the MACD cross-overs. And if that happens we can see the recovery, else EXIT is the best option we see. Disclaimer: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the...
This is an updated trade plan based on my last published trade setup (SPX500-Bear Setup)-posted yesterday. Just reading price structure and making some adjustments on where I think this correction might end. 3870 is going to be descent support and would complete a measured abc move from the local top. This would give us the correction we need to proceed to...