Bayanat is showing us good signs that now its ready to start a fresh trend to the upside. With todays closing bulls are holding at very good level they have a very good chance to crush sellers and shoot up the price. If it opens with a gap down then this will discourage the buyers and we will wait for another bullish candle to take any entries. For now ideal...
Entry: with price at or slightly above 110.26 Volume: with volume greater than 1.5M Target: 119.60 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up) Stop: Depending on your risk tolerance; Based on an entry of 110.26 & target of 119.60, a stop at 107.15 gets you 3/1 Reward to Risk Ratio. This LONG swing...
After making a cup n handle formation LICI is holding up near 50EMA and above 200EMA since last 25 trading sessions, this 615-635 level is also a retesting zone of support area after a Breakout of Cup n Handle formation. Thus we may consider this phase as cool-off period prior to a fresh Breakout. Levels are mentioned on Chart itself. As Stop Loss is very small...
Entry: when price clears 67.62 Volume: with daily volume greater than 9.27M Target: 73.5 area Stop: Depending on your risk tolerance; 65.66 gets you 3/1 Risk/Reward. This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not...
Ion exchange has give short term breakout. Can be added with sl of 3455
Hi people Welcome to Team Decrypters Decent Short opportunity on NVIDA STOCK --Head & Shoulder Pattern Break out and Target completed . --Price is Supported by All Major EMAS. --A down ward channel Break Down And GAP filled. --After a Strong upward movement Price should reject from Multi year Trend line. --A Potential Retracement Short should ATLEAST play From...
Netflix is currently down almost 50% from its all time high in Nov 2021. Currently traded in an ascending channel since Oct 2022 and briefly broke out above with strong volume to close at 357.42 as of market close. Now we look for some profit taking and pullback to retest the top of the channel Buy zone is: 336 - 357 Take profit: 393 Now we have the 50 EMA...
Hello friends, today I am completing a technical analysis on the 1M linear scale chart for Salesforce.com ( CRM ), traded on the NYSE. #CryptoPickk notes the following: 1) Salesforce.com price has been falling month over month, down about 20% from it's all time high price. 2) The price has been supported by a multi-year arc line (in red color). In the past year,...
*Godrej Consumer* Time Frame: Daily Observation: * Rounding Bottom Formation * Mean (EMA) Diversion Resistance/Target: 967 1076 1181 1251 Support: 793 750
*Hindustan Unilever* Time Frame: Daily Observation: * Rounding Bottom Pattern Formation * Mean (EMA) Diversion Resistance/Target: 2901 3190 3485 3661 Support: 2428 2109
3m Can be sold until it Reached its Fair Value as a target, as explained in above chart. Don't take it for granted and, do your due diligence. Good luck
Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
*Aegis Logistics* Time Frame: 4 hr Observation: * Parallel Channel Breakout * Swing High Break * Mean (EMA) Diversion Resistance/Target: 355 419 482 522 Support: 292 269
*DLF LTD* Time Frame: Daily Observation: * Supply zone breakout *Mean (EMA) Diversion Resistance/Target: 422 458 497 521 Support: 361 344
*JINDAL STEEL & PWR* Time Frame: Daily Observation: * Cup and Handle Pattern Formation Breakout * Swing High Break * Mean (EMA) Diversion Resistance/Target: 468 504 549 Support: 417 405
Just my basic MONTHLY charting. I have marked what I see as the POSSIBLE bottom (support). I see overall UPTREND with a possible reversal. I have marked my potential BUY/SELL zones for LONGS/SHORTS/CALLS/PUTS.
*AUROBINDO PHARMA* Time Frame: Daily Observation: * Parallel Channel Pattern Formation * Swing High Brake Resistance/Target: 577 628 680 712 Support: 494
*MINDTREE LTD* Time Frame: Daily Observation: * Parallel Channel Pattern Breakout. Resistance/Target: 3424 3630 Support: 3070 2777