Tasty Bite is again at its imp support zone: 12298 - 11593. It is testing this support for the second time, providing another opportunity for accumulation. Price action at the support also confirms that demand does exist there. Disclaimer: Not a recommendation to trade.
Hello Friends, Many reasons which in confluence indicate that Gold has long rally to go from here (Current level 1871 USD/Ounce) as on 14 Feb 22. 1. Cup and Handle Formation on Gold Monthly Chart: Cup and Handle Pattern formation is visible on Gold's chart on Monthly time frame. Theoretically, it indicates targets of as high as Cup's depth, i.e. approx. 800 $...
Godrej Properties has fallen about 40% from its all-time highs in the past few months. Currently Stock is trading near its imp weekly support @ 1470- 1430 levels. If held all good, if not then the next good support I see is around 970 - 870 levels, about another 600 points from current levels 🤯. As per the history stock, the stock does have the tendency of...
Icici Prudential is at multi-timeframe support. The structure of the stock is still maintained of higher highs and higher low, hence if this support {530-520} is held, chances are high that the correction we are seeing in the stock since 700 levels might end and stock may resume its bigger trend ( uptrend). Disclaimer: Not a Recommendation to trade.
Hello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged short, due to the long term structure offering a reactional level upon the imbalance. Price is still creating higher highs and completing the sequence to create a "fresh level" but in actual fact this is an imbalance. Please do not...
$BA above 245 looks good (if it gives breakout with volume), quite a consolidation #StocksToWatch. Also finally the order book tuens positive
NSE:TATAMOTORS has been underperforming consistently since 2016 (around 4.5 years). It's been in a textbook downtrend so far, making lower highs on the Weekly chart. But with the strong moves December onwards, the stock has cleared a very important hurdle and has broken market structure. This may potentially mean that it could finally be a favourable as a...
$nio chart is looking interesting with the symmetrical triangle formation, a close above 48.5 can lead to a breakout. Also, Nio day is near on 9th Jan, an annual event for the company to make major announcements for products or services. Will it lead the rally to ATH?
T1 1570 - breakout with volume
JK paper got bounced from support line, buy it for a tgt of 92, 94+ in 1 week of time frame
POSITIONAL: Good BUY CMP 876 Tgt 920-930 SL-833
ITC ascending triangle breakout, closed above 202 Target 210,215,220 SL 192
AMD channel breakout , T1 70$ Have mentioned fibo levels in the chart to help with entry and exit
Gold looks bullish with a flag an pole breakout , T1 1900 T2 2000. Also have drawn the fib levels in the chart
Potential Cup and Handle Pattern breakout , will look for the breakout above 200 above volume. It is a long term stock in my portfolio. Will update the targets once we see the clear breakout
Today's candle will be important to see if we are breaking the channel , m inclined towards a fall as the market is not reflecting the current economic conditions . Refer to charts for the levels