Ruchi's structure looks like a big rally coming soon might make new highs . Good luck lets see how it plays...
Gujarat Ambuja Exports is principally involved in agro-processing and trading and has focused on exports, competing in the global market. The company has put in place a strong infrastructure that constitutes technologically advanced plants with captive power generation at each plant, most modern quality control, improvement setup and human resource. GAEL is...
as earlier we had predicted an other impulsive wave for better shorting position and we shorted it at 50363 Fundamentals: as we know the system is Forcing the Covid-19 Vaccination to the public so it requires to reshut the country for showing it some seriousness and let the Culprit capitalists gets more capitalize and some Retail Section to loos on some...
Target 20% drop- Stay tuned Remember this is the SENSEX divided into INRUSD First target 640 Intermediate 560 Final 480 Markets needs a retracement to at least 200 EMA. Higher inflation than expected will hurt EPS
#Study Material Just an "Introduction of the Elliot wave theory". Keep this as a study material.
Stock is in uptrend and breaking the supply for second time, the stock breakedout ascending triangle previously, which gave huge upsurge to price, in the last session of the market price successfully closed above the supply zone, we've marked a minor resistance as breakout level.
Price has made flag pattern & is ready for breakout, this is a continuation pattern which has high probability to react long, wait for breakout,
Currently stock is in strong uptrend, this is the third time price is going to touch the trendline, price reaction will be aggressive after breaching marked levels, we've also marked a breakout zone where price can consolidate to respect the trendline perfectly.
price is currently consolidation on a major trendline, on lower timeframe price is in downtrend since 18Oct, price can surge aggressively after the breakout, we've marked supply & demand zone which is a crucial level for HAL.
Hindustan Unilever is in uptrend and currently on a major demand zone, a bullish divergence is also supporting the price to rebound after heavy selloff.
To date this market has been one of the easiest to read. Major retrace to March 21 support expected and on track. Best, Hard Forky Move up Approach Summit
Just a perspective on the market. Support/Resistance lines seem valid for last year. I am bullish on India so would not short this market but expecting large correction relative to current price. B, HF
The stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the lower trendline. The target is placed near swing high. This is a high risk trade as the market is in a overall bearish sentiment. Plan Trades Accordingly.
Tech Mahindra forming beautiful Cup and Handle Pattern Near Lifetime High. Keep Eye on Breakout we can expect a 150-200 points target. Hit like and share Idea Happy Trading
cup and handle forming Cup and Handle pattern on the hourly chart. Good opportunity for Swing trade. refer chart for levels. Happy Trading. #cupandHandle #Bajajfinserv
Chat is self-explanatory. Setup is very simple only Support and trend are used. Asian Paints trading near the Support level. Asian paints is weak below 3150 can drag down 150-200 points down from level. Happy Trading.
Every euphoric rise will once meet the 200 ema. Its just that this time, it is too far away.
The chart is itself explanatory. Ambuja cement testing its dynamic support as well as it is near to give head and shoulder breakout. Keep a close eye on Ambuja cement if the breakout happens and it stays below 387 then we can see more weakness. and price can drag up to 347-40 Happy Trading.