Dr. Reddy's Laboratories Limited - Breakout Setup, Move is ON...#DRREDDY trading above Resistance of 6474
Next Resistance is at 7803
Support is at 5786
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Techanicalanalysis
Zydus Lifesciences Ltd - Breakout Setup, Move is ON...#ZYDUSLIFE trading above Resistance of 1128
Next Resistance is at 1297
Support is at 919
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Marksans Pharma Ltd - Breakout Setup, Move is ON...#MARKSANS trading above Resistance of 180
Next Resistance is at 212
Support is at 134
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
XAUUSD breakout high (read caption)Hello. trader what do you think about Gold
Gold reached a high of 2265, pulled back to retest 2230, and then broke out to a new higher high at 2265, I think that it may continue its bullish trend. Gold is breakout high 2265 so I think Gold. pullback to create new higher highs at 2290 and 2300 indicates a bullish outlook for Gold's price movement. Keep in mind that market
please like comment and thanks for support
The next BTC target is 51000? Please check analysis📣 Hello Mates!
We observed BTC going bullish continuously for the last several months, but suddenly it dropped from 73000 and retraced back to 60000.
As we mentioned in the previous chart, the market would rebound from 72000 or 73000, which is now acting as our resistance. Indeed, the market bounced back from there, fulfilling both of our target markets. For instance, it could rise from 66000 to 68000 or even 70000, after which it is expected to retrace again, reaching around 60000 to 61000. Following this, there might be a slight bullish movement, and then our last target would be 51000.
While we have a very strong support at 60000 or 61000, if the market breaks this support, then the next target would be 56000. If it further breaks 56000, then our final target is 51000.
Now our buy targets are 66000, 68000, and 70000, and our sell zone targets are 61000, 56000, and 51000 respectively.
Stay tuned for further updates and trade smartly! 📊
Cardano price might drop up to 0.3 price levelHi everyone,
Cardano price didn't manage to break its local high at 0.68 and went in to a correction phase.
ADA price already lost almost 30% from its local high and probably this number will continue to increase.
At the moment the main support located at 0.46 price level but most likely this support won't withstand for long.
In the near future I expect ADA price to drop at least to 0.4 support level but if we see dump on Bitcoin then most likely ADA price will drop even lower.
Overall I expect slow downfall on ADA until Bitcoin halving happens and real bull market starts.
Please, do not forget to boost this idea & share it with your friends; thanks.
DataDog break of resistanceI have marked all the previous attemts at this zone with blue flags. In Aresistance of the area was broken in AUG 2021 resulting in an ATH of 199.9. We have confirmed support on the weekly TF. I do think we will spend some time in consolidation based on the weekly stochastic imo it needs to reset at the bottom before we can make the push to 150. so target time 40 to60 days 150
USDJPY:NEW IDEAA new opportunity for the USD/JPY pair
The pair is trading at prices of 142.222, as the price is trading within the price channel shown in the image
As we see, the positive outlook is the strongest, and we target prices of 143.314 with a stop loss to close the hourly candle below the bottom of 141.873, taking into account risk management.
Thanks.
AUDNZD What Next? BUY!
My dear subscribers,
My technical analysis for AUDNZD is below:
The price is coiling around a solid key level - 1.0712
Bias - Bullish
Technical Indicators: Pivot Points High anticipates a potential price reversal.
Super trend shows a clear buy, giving a perfect indicators' convergence.
Goal - 1.0774
My Stop Loss - 1.0681
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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