We can see a very good buying opportunity in NAZARA TECHNOLOGIES . The reasons are stated below : 750-770 zone was tested multiple times and finally it broke and is now retesting it 0.382 Fibonacci support Price action formation - higher highs Double bottom pattern on higher timeframe (500 zone) Targets - 926 // 1066 // 1345 // 1681 StopLoss - 730 on...
This stock breakout 12 years level and W pattern if strong candle closed i am considered good breakout and this is only for educational purpose only
The price traded near a major strong area in the daily timeframe. If the price respects this zone and makes a bullish price action structure then initiate long positions.
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GBPUSD Post Trade Analysis 2024-01-29 *Loss* 1. Valid risk entry loss for a valid loss A. Entry Valid B. Point of Interest Valid - 4H A.3 C. Valid Exit 2.What can I improve ? A. - I can input trade concept into Edgewonk Advance Journal Section. - I can add all info, pre trade screenshots, fundamental news - I can improved my fundamental analysis -...
Here is a 4H swing trade idea for EURAUD. After a BOS price moved back down to the 71% fib.
GBPJPY is very weak. The pair is coiling within a narrow range for 2 weeks. FED & BOE interest rate decisions are ahead. These news can be the important catalysts for the pair. Watch carefully how the price reacts to the boundaries of the range. If the price breaks and closes above 188.95 on a daily, for us, it will be a strong trend following signal. A...
The stock has been consolidating for 4 weeks and now looks ready to move out of the zone. This can be inferred from Price action, volume, RSI. Lower time frame RSI also supports an entry at 55 range. One can hold for a target of 61.
This stock breakout 2 year consolidation level and major resistance level TGT will be 296 this is only for educational purpose only
This stock breakout 3 years consolidation level and create good opportunity this is only for educational purpose only
JWL has given symmetrical triangle breakout during last trading session with huge volumes, but the stock is still trading below 350-365 zone where the price has faced fairly strong resistance during Sep, Nov and Dec (2023). Volumes, momentum and RS appear favourable. Stock can be kept on radar for a short duration swing trade with safe entry above 365 zone and...
Stock is trading at it's all time high levels. The stock looks poised to break upside for a target of 30%. It has been consolidating since 3 weeks. The RSI in lower timeframe supports an entry at 490 range. Targets can be trailed as per pivot levels for a 30% move.
24-01-28 GBPUSD Long Entry Entry Price: 1.26950 Stop Loss Price : 1.26650/ 40 Pips Take Profit: 1.27400/ 60 Pips Risk To Reward : 1 for 1.5 Trade Grade: c- Confirmation Entry Model Using the 15m for lower time frame confirmation
Put this Bank's Swing Trade in your Watchlist Guys! It's Price has a Significant potential to Hit Century again ;)
LUNC has been on a steady downtrend since 12/12/23. Today LUNC on the 12hr, is finally breaking out of the downtrend and I saw two closes above the trend on the 4HR. I'm bullish on LUNC, we could see a potential dip back to re-test but I'd think no lower than 0.000008505. My take profit points are listed here, each coinciding with major fib levels. I'll be...
This study involves a meticulous examination of historical price patterns, chart formations, and key technical indicators that collectively point towards an opportune moment for investors in NYKAA . Reasons are stated below : The 155 levels underwent multiple tests before the price eventually broke through. Currently, the price is in the process of retesting...
Technically the stock looks good. There are multiple confirmations for the same. The reasons are stated below : stock is in a uptrend and corrected till the 0.618 zone (golden zone) 50EMA support in daily TF created a 'W' pattern a strong bullish engulfing candle on a crucial zone (engulfed 4 daily candles) Stock could easily move unto 193-198.65 levels...
Monthly, Weekly, Daily, 4H = BULLISH - Monthly Engulfing - Daily Engulfing - 1H & 4H Flag Pattern Breakout - Break and Retest of Pattern Currently ~Still a few days left of January to complete the Monthly Engulfing. ~GBP Major News on Feb 1st (Thursday)- Monetary Policy News ~All Higher and Mid time frames line up with bullish trend along with bullish...