1.Bullish Chart Pattern is Forming on Higher TF of Weekly & Monthly 2. Kind Of H&S Pattern is getting structured 3. Currently Trading at Monthly Demand Zone of 450-460 4. Filled a gap on Daily TF 5. Bullish Engulfing on Daily TF with Heavy Volume 6. Fundamentals and company business is intact and showing growth consistently with Profits 7. Share Holding Pattern...
1. Identifying the Downtrend: A downtrend is characterized by a series of lower highs and lower lows. Upon analyzing the price chart of Praj Industries, it's evident that the stock has been declining over a certain period. This downtrend is marked by a consistent pattern of lower highs and lower lows, indicating selling pressure and overall bearish sentiment in...
Building upon the analysis conducted yesterday, it is observed that NSE:FSL stock has successfully experienced a breakout upside from the Pennant pattern. Today's price action has confirmed the Pennant pattern breakout, signaling a continuation of the prevailing uptrend. The breakout is characterized by a decisive move above the upper trendline of the Pennant,...
dec 6/12/23 swing trade perfect symmetrical triangle long term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
NSE:SYMPHONY is a seasonal stock which means it has its lows in the months of Oct-Dec and highs in the months of march-May. One can buy and hold for 6 months for the given target and with a strict stop loss to be followed.
Went from the monthly to the 15 min explaining my bias on each time frame. I'm going to be working with the daily TF going down but keeping in mind of the weekly and monthly bias
In the Latest, ease my Trip has been seen taking support around 40 levels twice in the past few months. First in the month of March 2023, and second in July 2023. Now, if it sustains above 40 levels, it is most likely to move towards 55 levels in the coming months. Immediate weekly resistance is around 48 levels.
NSE:WIPRO WIPRO has beaten so badly in last few months. The stock is near major support levels. The Sellers are trying to push it however somehow it is holding its levels. Weekly : It has formed double bottom (355-360 level) at the bottom of the channel. As per weekly chart 370-380 was earlier resistance from where we saw sharp buying. Now it is retesting...
NSE:COLPAL COLPAL is looking bullish in weekly/monthly time frame. Last month there was a rejection from the top. However, it did not receive follow up for bearish momentum. Instead, stock has took support on last month’s closing levels 1590-1600. This is the good opportunity to go long if monthly/weekly candle closes near 1700-1710. We may see a big upside...
NSE:JSWENERGY From March-2023 Stock is taking rejection from bottom trendline and on the upper side sellers are trying to sell it around 275-277 levels (resistance zone). However, the swing lows are shifting up side (Higher lows) which is a sign of strength, sellers are not able to drag it below previous swing. Currently it has taken support on the trendline...
NSE:MGL Stock is consolidating in Descending triangle pattern from past few days. It is taking support on previous Break out level which is 1015-1020. On 22nd June we can see a clear rejection from top. Following to the rejection there is a big red candle which is closed near support levels. Now here comes the interesting part the red candle did not got the...
perfect symmetrical triangle short term opportunity for upside take trade after breakout from the trendline according to own risk this is not call just a analysis.
Buy Gas Authority of India Limited (NSE:GAIL) Buy Range- 99 - 101.5 Target- 106.5 - 108 StopLoss- below 96 Potential Return- 7-8% Approx trade duration 8-10 days
Long pending limit on AUD/NZD on Monthly time frame. Market showed change of bias or character. Now we see a break of structure after ChOCh. Check out the chart for the long limit with stop and take profit. Chart will be updated when the market reaches the price, however it will take months. Any confusions please, Dm me.
Kotak Bank looks good on the daily weekly timeframe. If it sustains above 1900 levels, there are chances that it will move towards 2000 -2040 levels initially. There is an opportunity for both swing and positional trade here. For swing, it should sustain above 1935 levels For Positional, it should sustain above 1900 levels.
The stock formed a Bullish Engulfing candle in the month of July 2022, since then the stock has been consolidating within its range i.e 813 - 1027 . It's been 3.5 months and the stock has been moving in the said range, suggesting that it might be getting ready for a trending move. Since the first candle (July 2022) is a big bullish candle, followed by...
Sail is in fibonacci 50 and 61.8% crucial zone price is showing cup and saucer pattern in daily time frame price is above 50 and 100 dema we can observe good momentum aftyer brreaching 84 93.9 and 103.5 an be seen as possible hurdle on upside so can be kept as targets 78.38 -77 can be kept as sl if we take a positional trade based on risk appetite
Multi month trend line is broken with great momentum and good volume in hourly time frame pole flag pattern can be seen buy once pole flag pattern is broken or accumulate in dips for positional trade possible great hurdles are at 184 , 191 .