Hello Traders and Investors, today I will take a look at Nvidia . -------- Explanation of my video analysis: If you are objectively looking at the stock chart of Nvidia, you can see that Nvidia is currently trading in a solid rising channel formation. But as we are speaking, Nvidia is retesting the upper resistance and considering that we just saw a rally of...
Reasons for bullish bias: - Price bounced from support - Entry is at breakout of HH - DOW theory, SL at last HL Entry Level (CMP): 244.95 Stop Loss Level: 222.23 Take Profit Level 1: 267.67 Take Profit Level 2: 290.39
After consolidating for a good amount of time after a strong uptrend, the stock is ready to break out. The support on EMA is intact and the volume push supports the break out. Looks good for a short term trade Entry - Above 1716 SL - Below 1627 Target - 2000+
Double bottom formed from May 19. Breakout Nov 23 Retest Feb 24 and now broken out to the upside in May Appears bullish to me but do your own research and decide on your own trades. This in NOT a recommendation.
Hi Realistic Traders, let's delve into the technical analysis of NYSE:BABA ! On the weekly chart, BABA is making some exciting moves! It's broken out of a falling wedge pattern, forming a bullish candlestick with a long wick right on the EMA 34 line. But what really caught our eye? The significant volume spike, more than double the average. Now, why does this...
BLOCK (formerly Square) has experienced a significant sell-off since its all-time high of $290 in July 2021, dropping to a low of $37. This marked the completion of Wave 2 in its price cycle. Currently, we are observing two critical zones: Must-Buy Zone : Between $33 and $51. Historically, the price has spent minimal but crucial time in this range, indicating...
Support from March 2011 and November 2012 respected this week as PNN continues its downtrend. Water industry is experiencing a wave (pun intended) of problems. Could form another shoulder with high of 943?
Everybody loves momentum. Why not? Momentum is the best friend of every trader. I always wanted to find and catch the beginning of a confirmed trend. It's unbelievable it is happening in real life. Education and skills acquisition is the key to continued growth in any field. This especially holds true in the highly risky terrain called Trading. A lot of stocks...
KARURVYSYA has been in my bag from a year now. Never thought this would touch 80%++ in gains. I had sold 50% of it at 150 price level and held the remaining. I sold 25% of the remaining this morning and keeping the remaining 25% for some more gain, especially for the week after the election results. We are for sure going to see some crazy spikes /...
Chart Pattern: CMS Infosystem is forming a triangular pattern, a potential indicator of upcoming price movement. Support Levels: The stock has built a strong base at key support levels, suggesting a solid foundation for upward movement. Critical Resistance: A close above 435 could trigger a significant price increase, breaking out from the triangular pattern and...
Chart Pattern: NRB Bearings has recently exhibited an inverted head and shoulders pattern, which is typically a bullish reversal indicator. This pattern suggests a potential upward trend following a period of consolidation. Support Levels: The stock has established a strong base at key support levels, indicating sustained buying interest and forming a solid...
I always use a 200-period EMA and RSI with a 200-period. An RSI above 50 indicates bullish strength in the EMA. Let's analyze Bombay Burma (NSE: BBTC) shares. Based on the chart and the April 25, 2024, closing price of 1578.90 , the best buy is below 1553 . The stop loss is set at 1321.60 , with a probable target of 2107.00 . This setup offers a risk-reward...
RCF BUY VIEW TRADE REASON : 1)MONTHLY - Uptrend Correction Completed 2)DAY - Trend Reversal Entry - 147.50 Rs Target - 180.95 Rs Stoploss - 118.40 Rs Happy Trading .
Guys, it seems Marine Electricals getting ready for Super Performance soon. VCP Pattern - 14W-16/7-3 followed by STRONG Order Book both domestic & abroad suggests its a good Techno Funda pick
ZOOM remains bearish. Last week we had both bearish engulfing weekly and monthly close. We expect the downtrend to continue and retest lows from 2019. After that if we get bullish divergences, it may be the time to accumulate zoom stock. If we break below previous all time lows, new lows may be coming as the price will enter the discovery mode to the downside...
BEML BUY VIEW Trade Reasons : Weekly Support - 2800 Fib Level - 0.618 - Golden Ratio Day Trend Reversal Confirmed .. Entry - 3115 Target - 3826 Stoploss - 2700 Thank you ..
🚨 Stock Update: TATAMOTORS 🚨 Date : 16-05-2024 TATAMOTORS breached major support today due to heavy selling pressure and closed at 936.40. I expect the stock to consolidate for a while, which presents a good opportunity to accumulate. I'm bullish on this stock and plan to buy small quantities below 930 with a stop loss at the next support level (872.10) . My...
While Jeff Bezos, fiancée Lauren Sánchez have star studded engagement party on his $500M yacht Amazon has just reported its Q2 2023 earnings result, EPS of 65 cents is not comparable on YoY basis nor to consensus due to the company booking some gains related to its Rivian Automotive, Inc (RIVN) investment. Revenue of $134.3 billion beat consensus by about 2% while...