Hello Traders, Critical Zone Breakout from Supply Zone Indicates Potential Downside Momentum, We have A Supply Zone, And We Breaked a Trend Line So, There is A Potential Move Downside. Please Note That The Only Purpose of The Information On This Page is Purely Educational. We Are Not Registered with SEBI; Therefore, Before Making Any Financial Decisions...
NAUKRI daily chart breakout with re-test. Looking for a target of 5700
Naukri on daily time frame has reached its resistance of 4544 which it has not crossed since Aug'23. Pattern-wise, I can see cup & handle formation but RSI is also at its resistance level of 72.64. So I will plan to go short tomorrow if there is any sign of reversal at 4550/4580 level where my SL will be very small. If price can sustain above 4577 at least for 1...
Price is in Uptrend as its violating the Supplys and Respecting the Demands now there is a Fresh Weekly Supply @ 5482.00 and currently the Price is in a Weekly Demand, this Demand has a favourable Reward to Risk ratio hence a Buy Trade ENJOY THE RIDE ! ! !
Hello Traders, The last stock given here on tradingview did not close above the buying levels so here I am with a stock that is not a breakout trade but a support/resistance trade. The stock I am speaking about is Infoedge. Now Infoedge gave a breakout of old resistance and went on a bull run for a 2 weeks or so but then failed to made a higher high and came down,...
Currently at Demand zone, and getting support from Trend Line at 4 hour TF. Good to go long in this at CMP. Entry - CMP Target 1 - 5500 SL - 4900 R:R - 1:2 Book Half quantity at 5500 and trail rest.
BUY above 5100 TARGET : 5670 SL: 4900 Fundamentally Strong Stock
Since January in 1D time frame, the stock has been respecting the upper trendline. And since December it's respecting the support at 4400, once broke it and retraced back very fastly. The path expected in drawn and technically upmove has more possibility.
Price action and trend is solid, daily + weekly! Bought today.
ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE . BUY BETWEEN 4075-4090 FOR TARGET OF 4155 OR IF THE PRICE COMES DOWN BUY NEAR 4000. The indicator used: 1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts 2) TE-REKAB - PB : PULLBACK If you like the analysis, do leave a...