Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own...
Context - Dropped 65% to 200 in 2022 after 20x Up to 600 in 2019 In June'21 supply emerged at 360 Move up to 330, once demand appeared at 200 in Dec'21 Plan - to Purchase Breakout above 360 or, rejection indicators below 260 PB 2x; PE 29x; ROCE 9%
The bull run of NSE:MARUTI has reached at the same levels where it was rejected earlier in Jan 2018. The same we can get using bearish harmonic shark pattern with level of .887 at the price of 9400 in weekly TF. So we can calculate Supply zone in-between the range of 9400- 9700. There will be higher chance of correction from here. BUY : Buying opportunity...
Considering the bullish momentum in Auto was expecting a pull back in the sector from the recent top however closing above previous high and new ATH has been established so there is a long way to go with a key support of 1014. Disc - views are personal trade accordingly.
Hello and welcome to this analysis MAHSCOOTER has given a Cup & Handle breakout in monthly time frame. It can be accumulated between here and 4500 for a target of 7500
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Auto sector is in bullish momentum considering the hype around electric vehicles and reducing steel prices. TVSMOTOR is looking very bullish and looks like a good positional trade. It is very close to its ATH of approx 814 and is currently on the verge of giving ATH weekly closing.
This Is The Detail Analysis Of The Eicher Motors Limited Which As Given The Breakout At Monthly TimeFrame. PATTERNS: 1. HEAD AND SHOULDER. 2. FLAG AND POLE. THE STOCK IS LOOKING STRONG AT MONTLY TIME FRAME, IT AS GIVEN BREAKOUT IN THE MONTH OF JULY AND NOW IT IS TRYING TO SUSTAIN ABOVE THE BREAKOUT LEVEL WHICH IS THE GOOD SIGN OF A CLEAR AND LEGIT BREAKOUT.
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
Hello and welcome to this analysis based on Harmonic Trading Patterns In the daily time frame it has made a Bearish Harmonic ABCD pattern with perfect balance symmetry. It could retrace down to 440 - 430 as long as it does not trade above 461 As per Option Data also July Series 460CE is seeing fresh shorts being added and 440PE is seeing short covering. While...
Hello & Welcome to this analysis Maruti has activated a Bullish Harmonic 5-0 Pattern suggesting upside till 8500-8600 with strong support now at 7800. Harmonic 5-0 Patterns are not found so frequently and their success ratio is quite high. Happy Investing
Worst scenario for those who are bullish thinking of potential Cup with Handle pattern formation on a broader outlook or reverse Head & Shoulder pattern on a narrower outlook. If you look carefully, you can see the descending broadening wedge clearly as highlighted in my chart. You can zoom out to see the broader view of my chart with all the...
Auto Nation ( NYSE:AN ) Sector: Retail Trade (Specialty Stores) Market Capitalization: $6.427B Current Price: $114.84 Breakout price: $118.10 Buy Zone (Top/Bottom Range): $109.60-$96.90 Price Target: $142.80-$144.00 Estimated Duration to Target: 399-407d Contract of Interest: $AN 1/20/23 110cc Trade price as of publish date: $20.10/contract
TATAMOTOR is breaking down from the symmetrical triangle and retested diagonal+EMAs today on 4h TF . Good R:R setup Lets hope earnings volatility goes in our favour
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by Supports Nearby. Risk Reward Ratio - 2:1 SL is placed below the support zone & the lower trendline. The target is placed near resistance.
cypher harmonic pattern: X=$61.5 AB=0.61 XA BC=1.41 AB 0.78 XA=$24.47 1.27 BC=$29.7 0.88 XA=$37.64 1.6 BC=$96.67 1.13 XA=$107.65 2 BC=$355 the 2nd wave has been considered cypher too: ab=0.61 xa bc=1.41 ab
The stock has broken out and retested, therefore may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby. Risk Reward Ratio - 3:1 SL is placed below support zone & the lower trendline. The target is placed near resistance.
It has given a breakout after a sideways corrective. In the short term it could rally till 155-160 while in the medium term stock looks good for a possible 225. Short term stop loss for this breakout is at 141