This presents an attractive opportunity for swing traders to capitalize on the potential uptrend in Petronet LNG . Reasons are listed below : Breakout of Strong Resistance at 300 : Petronet LNG has successfully broken above a significant resistance level at 300, signaling potential bullish momentum. Bullish Marubozu Candle on Weekly Timeframe : The presence...
NASDAQ:MU is literally creating so clear and repetitive market structure, this is textbook. Bullish break and retest, cycle and correction. Micron Technology has been repeating this price action for over a decade and is about to enter another correction phase. If you don't want to trade this anticipated correction, you can instead wait for another retest of...
DRAX broken out of a bullish triangle this week. Bearish in my book. Expect retest at around 548. PS: This could also be a false breakout. This is not a recommendation to trade. Do your own research and make your own decisions.
Clear breakout from 327, which was established resistance since 2016. Inverse Head and Shoulders pattern completed. Volumes have been ramping up since Feb this year and the shares are not oversold on the weekly RSI yet. Market likes their results today too. In my opinion, heading for 400p. Do your own research and this is NOT a solicitation to hold, buy or sell.
This is just for St James's Place, but you'll find inverse head and shoulder patterns in a lot of stocks on the FTSE 100. For me, that means a reversal on the pullback, and this week for example, STJ is confirming the reversal with a break about the neckline and 200 EMA acting as support.
BOROSIL RENEWABLE - UPTREND TRADE REASON : 1) Monthly Uptrend and correction complete. 2) Day makes a Higher High and Good volume . Entry - 557.50 Rs or correction zone Target - 630 Rs Stoploss - 428 Rs Take it enjoy ...
BCL INDUSTRIES - UPTREND Trade Reason : 1) Fundamental Very Strong Stock 2) Monthly Uptrend and Correction completed for 61.8 % Golden ration level Respected . 3) Day - Trend Reversed and Trend line Breakout . Entry - Current Price 62 - 63 Rs or Retest Level Target - 76 Rs Stoploss - 45 Rs Happy Trading ...
Breakout Retest Zone as marked in Chart Need Todays closing above the zone for a safe entry RR is favorable for swing trade. Reliance had been trading in 2700 till 3000 Range from Jan'24. and BO was given on 26th June'24
Hello Everyone, Chart Pattern known as Symmetrical Triangle Pattern in which we can say that it is a chart pattern that signals a period of consolidation before the price breaks out, which can happen in either direction—upwards or downwards. Condition #1 Breakdown Target 1 - Rs 5900 Target 2 - Rs 5400 Condition #2 Reversal Target 1 - Rs 6700 Target 2 - Rs...
In the recent bull rally, a strong stock has been consolidating in one of the underperforming sectors (IT) in the recent bull run. The sector is coming out of consolidation and Wipro looks strong to head upward from here Entry above 575 Stop loss below 520 Target 722/752
Overall uptrend. Rebounded from 50% Fibonacci level. RSI neutral, potential for more movement.
Nike topped Wall Street estimates for first quarter profit on Thursday as higher prices of its sneakers and apparel helped offset a hit from waning demand and persistent cost pressures, sending its shares up about 8% in extended trading. Nike (NKE) is the largest apparel company in the world, with leading positions across different categories and regions. The...
Airbnb is the leader in Alternative Accommodations and experiences. I believe their community of individual hosts and strong brand differentiates them from travel peers. The emerging trend of long-term stays would boost Airbnb’s profit margins and expand the entire travel accommodation market size Airbnb estimates its current total addressable market to be $3.4...
Palantir stock is set to pop in the next year as the tech firm erects an artificial intelligence "fortress" that will help it become one of the biggest players in the AI race in the coming decade, Wedbush Securities analysts wrote on Friday. According to Wedbush's Dan Ives, Palantir is headed to $25 a share in the next 12 months. That represents a surge of 54%...
MIDHANI - Buy Trade Reason : Weekly Support - 400 Fib Retracement - 0.786 4 Hour Trend Reversed . Entry - 408 Target - 516 Stoploss - 390 Thank you ...
APOLLO TYRE - Upmove Expect Trade Reason : 1) Market Uptrend and Correction 0.50 Level 2) Trend reversal Confirm 3) Take position at trade ... Entry - 485 Rs Target - 540 Rs Stoploss - 435 Rs Thank you ...
JYOTI STRUCTURE - UPTREND Trade Reason : 1) Take Weekly support 2)Trend reversal Day 3)Fib 0.618 Golden ratio Entry - 24.15 Target - 29.65 Stoploss - 18.45 Thank you ..
Greetings Folks, today I have prepared a setup of NSE:YESBANK on NSE the analysis is as follows- - the price has been consolidating in a triangle pattern for a while - its right now trading near the trendline support - wait for the proper breakout in either side, i am not biased towards a particular direction - i have chosen small targets regarding the upcoming...