ascending triangle very bullish signall and pattern Marubozu bullish day candle three time touch residence now residence is week when 3 time touch same if break 3929 and stay appore 15 mintue give entry and ready to new high possbile
For the past four weeks, I've been expressing my doubts about the current market situation, which appears to be artificial and lacking any clear indications of a bullish target.
Now, let's delve into the technical aspects:
1.Examining the 62-day timeframe chart, we can identify the demand zone, representing the true value of the asset. Conversely, the...
Click here to learn why I believe a significant bearish trend is imminent.
1. Clear targets set for a potential significant continuation.
2. Timing of the occurrence remains to be seen.
3. Enter upon price breakout of the indicated key zones.
4. Feel free to comment and share your own technical analysis if you have different perspectives.
5. Keep the...
As we can see the stock breaks its trading channel consolidation after 7 months with heavy volume and takes the support of the channel and again it breaks its trading channel on 16th November with heavy volume as compared to the last breakout volume.
STOCK IS TRADING ABOVE 20 50 EMA RSI crossing 60 from below. RSI 65
Hindustan Aeronautics Gets an LOI (letter of...
Run Now!!
In the upcoming bulletin, we're likely to hear some not-so-good news about Hindustan Aeronautics Ltd. So, it's better to run for cover!
Want a detailed analysis video? Drop a comment below!
Technical Analysis Update:
In correlation with the previous Hindustan Aeronautics Ltd post, here are the latest insights for riding the upcoming bear trend:
1. Currently, we are in a crucial 1-hour Key Supply Zone.
2. Typically, supply zones result in rejection. To confirm its effectiveness, we need to observe the 1-hour CHOCH/BOS. Alternatively, we can rely on...
Technical Analysis Highlights:
As discussed in the previous related idea about HAL, there are indications supporting a significant bearish movement.
1. The entry point on the chart occurs when a 16-minute candle closes below 3461.9.
2. I personally implement a trailing stop loss strategy, but feel free to use a stop loss level that you find comfortable.
3....
Detailed Technical Analysis about the direction of HAL
1. The HAL stock's actual value can be clearly observed on the 62-day chart . To demonstrate the accuracy of my analysis, I utilized the Search Volume Profile (SVP) to highlight the precision of my levels. If you're unfamiliar with SVP, I recommend conducting some research to expand your understanding.
2....
At important resistance level of life time high. Hoping high on hdfc defense nfo, mazgaon dock 32000 cr. Order and government support. Breakout could easily trigger 3400 levels.
Another stock in the radar with the upcoming budget with a focus on the defense sector. DMI bullish crossover likely. Entry only above 2575, breakout with volume support
Shall update target and stop loss levels once trade is active
HAL has been testing the 1500 levels from last 7 months. It is a good long trade if it closes above 1500 today since it has never given a daily closing above it.
It is a breakout from inverted head and shoulders pattern and target can be 15-20% positionally.
Stoploss can be below 1410 DCB.
Just for educational purpose.
NSE:HAL
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose!
