Notes: * Strong up trend on the higher time frames * Great earnings track record * Broke out of a ~21 month long base * Higher than average weekly volume and coming off from its 10 week line * Also breaking out of a smaller consolidation of ~12 weeks * Gaped up a couple of days ago and is now coiling * Broke historical resistance around the $97 area Technicals:...
*BHARAT HEAVY ELECT* Time Frame: Daily Observation: * Trend Line Breakout * Supply zone Breakout Resistance/Target: 74 83 92 97 Support: 59 54
📈USD/CAD📈 📈 A quick analysis based on support and resistance. Regarding the detailed analysis, I refer you to the previous post on this pair: 👇 👇 📈 If you like the analysis. Leave a like and follow <3 📈
EURUSD broke the 0.98320 resistance level, now eurusd currently trading above strong resistance line. As I see it, buying pressure is weak, maybe EURUSD can fall above this level. If EURUSD can't get support at 0.98320, continue to 0.95 level.
Hello Traders, I was trying to analyze this stock. Actually i need to share it when the "Bat Pattern" completed but i miss the point. It already achieved Level 'B' . So we are expecting it will going upside till the Final Target. Whatever Target i mention here it on the basis of Fibonacci , Trend-lines , an Harmonic. Stop loss at 100 1st Target -->130 2nd...
A very good breakout of N pattern is done in cipla now it retested tomorrow was a good opportunity to buy it . Buy Cipla at 1067 Target 1079 1100 1200 Sl 1007 Must buy it bse increase its rating
The price is testing the 4h resistance after a clear breakout from the 32.5$ area. Now the market is creating a pennant below the resistance. How to approach it? IF the price is going to lose the support and the pennant, and retest the support as new resistance, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure...
hey guys , SAIL stock was moving in a fixed downtrend and now it has crossed it's resistance, and shown a great bullish candle also 20 day ema is above 50 day ema fundamentals of this stock are also good , therefore, it's showing bullish signals you can bet on this stock and earn great returns but be careful about global situation i.e rising interest rate...
Notes: * Very strong up trend on all time frames * Good earnings in the recent quarters * Basing for the past ~6 months * Coming up on the right side of its base * Recently broke back above a key level around ~$87.2 and has been holding this level as support with higher than average volume * Printed an inside day with higher than average volume * Bouncing off of...
jubfood made triangle pattern on daily charts & broke out of it with very good volumes & also broke above strong resistance zone of 599-601 & trading comfortably above it. Could be bought with mentioned stoploss & target.
Notes: * Very strong up trend on all time frames * Great earnings track record * Basing for the past ~5 months * Was rejected around the ~85.3 area and pulled back to its 20 day EMA * Now it's broken above that resistance level with high volume * Printed a pocket pivot indicating institutional demand * Seems to have also formed an inverse head and shoulders...
Notes: * Strong up trend since March 2020 * Good earnings in the recent quarters * Basing for the past ~15 months * Broke out around the end of May but pulled back to its 200 day line * Currently breaking out of historical resistance of $29.85 with higher than average volume * Next historical resistance comes in around $31.38 Technicals: Sector: Consumer...
Notes: * Very strong up trend on all time frames * Good earnings in the recent quarters * Created a double bottom base for ~5 months and is now breaking out with higher than average volume * Not much else to say... it's a great looking chart ;) Technicals: Sector: Energy - Oil & Gas Integrated Relative Strength vs. Sector: 6.09 Relative Strength vs. SP500:...
Can SPX Continue to Push Through a Wall of Resistance? Like many other global indices and liquid assets, the S&P 500 (SPX) has had a powerful rally off June 17, 2022 lows. This rally coincided with the July 2022 FOMC meeting and presser—the rally increased in the days preceding the FOMC meeting and then continued in earnest afterwards. This post will not...
Kotakbank made triangle pattern on hourly charts & trading @ multiple resistance zone of 1848-1850 if it sustains here for few more minustes or buy above above 1855. With mentioned stoploss & targets.
Notes: * Coming up on the right side of its IPO base * Has been using its 50 day line as a dynamic level of support * Recently broke above an important resistance level around 11.22 with higher than average volume * Has been increasing steadily in price and volume * Printed a pocket pivot with squatting price action (not ideal) Technicals: Sector: Consumer...
Notes: * Very strong up trend on all time frames * Great earnings track record * Breaking out of a base on base pattern of about 4 months * Has been testing broken resistance of 76.57 as support for the past several sessions Technicals: Sector: Consumer Defensive - Packaged Foods Relative Strength vs. Sector: 7.77 Relative Strength vs. SP500: 1.08 U/D Ratio:...
The price is in the consolidation phase between the monthly and weekly resistance On the 4h timeframe the price had a breakout and retest the previous resistance as new support. how to approach it? IF the price is going to have a breakout from the weekly resistance and retest as new support, According to Plancton's strategy , we can set a nice order ––––– Keep...