Hey there,✌ NYSE:PFE In the daily timeframe, as observed, the price is currently fluctuating within the $25 range following a prolonged downtrend. The long-term trendline has been broken, and we can consider the following scenario: if the demand range is maintained, the price may experience positive fluctuations up to the $28 range. Then, if the $28 ceiling is...
Energy stocks score biggest rise in a month as OPEC+ cuts begin Energy stocks closed an otherwise mediocre week in strong fashion, as oil traders who have grappled with concerns over the global demand outlook may finally see signs of tightening in the oil market. Saudi Arabia and Russia started the week announcing fresh production cuts that will bring total...
Investing in Zydus Life, a prominent pharmaceutical entity, comes with strategic planning. With a stop-loss set at 995 and a target at 1050, investors can tactfully navigate the market's fluctuations.
Godrej Properties, a leading real estate developer known for its commitment to quality and innovation, presents an intriguing investment opportunity. With a stop-loss set at 2400 and a target of 2750, investors can strategically position themselves in the market.
Safari Industries (India) Ltd., a leading luggage and travel accessories brand, presents a compelling long setup opportunity for investors. With a strategic stoploss set at 1890 to manage downside risk, targeting an optimistic 2500 offers potential for profitable gains. Monitoring market trends and Safari's performance is key for successful trade execution.
Emudhra stock presents a compelling long setup, backed by promising indicators. Implementing a strategic approach, set a stoploss at 715 to mitigate downside risk, while targeting an optimistic 825 for potential gains. Keep a keen eye on market dynamics for optimal trade management.
Reasons for bullish bias: - Price is at near weekly support - Price is at channel support - Bullish divergence - Positive earnings results Entry Level(CMP): 29.80 Stop Loss Level: 28.72 Take Profit Level 1: 33.11 Take Profit Level 2: Open
Apple is nearing our target zone, showing the weakness we wanted to see. Today, we've observed a 3% drop. We expect a few more percentage points to fall before reaching the target zone for Wave 2, which is between 50 and 78.6 percent. Looking at our 2-hour chart, we're now seeing the 5-wave structure we anticipated. This entire scenario would likely be incorrect...
The stock has taken good support at fibonacci retracement levels. A close above 85 would be a safe entry to buy with swing high being the first target. ADX also supports the view Entry - Above 85 Stop Loss - 77 Target - 118
The company is reducing debt. Financials are improving. FIIs have increased stake. Momentum looks good with the stock hitting UC in the last couple of sessions. Head and shoulder pattern on weekly chart looks good, with support on 21 levels Entry - at CMP SL - 20 Target - 34/52
JP Morgan may be almost overbought on its 1M technical outlook (RSI = 69.738, MACD = 14.790, ADX = 37.379) but as you can see on this chart, this is when the stock tends to make a bullish extension instead of a correction. Especially since the 12 year pattern is a Channel Up and is currently on its fourth Bullish Wave of the structure. All prior bullish sequences...
Looks to me like a healthy correction, now bounced of support of the 200 ma line and also previous top and is again above the main support. Nice R/R ration of 2.22
Regrettably, our Tesla trade within the 2-hour timeframe faced an unexpected stop-out. The anticipated completion of Wave 2 hasn't manifested, evident in the broader timeframe. Initially, we presumed it concluded at 50%, specifically at Wave C around $195. This presumption was invalidated post the recent earnings call, signaling a potential double correction....
feb 4/4 /2024 swing trade perfect symmetrical triangle long term opportunity take trade according to own risk this is not call just a analysis.
march 4/ 4/2024 swing trade perfect symmetrical triangle long term opportunity take trade according to own risk this is not call just a analysis.
Trident Uptrend - Go for Buy Trade reason : 1)Take Monthly support 2) Weekly Correction Completed 3) Day trend Reversed Entry - 40.35 Target -60.90 Stoploss - 35 Expected Good Return . Thanks You ..
Reasons for bullish bias: - Entry is at breakout of HH - DOW theory, SL at last HL - Divergence is there, but entry is at breakout so let's see Entry Level(Buy stop): 158.62 Stop Loss Level: 134.44
Reasons for bullish bias: - Price moving in strong bull trend, if the price crosses 165.72 level, it will further confirm our analysis - basic DOW theory, safe play with trend Entry Level(buy stop) :165.72 Stop Loss Level: 141.43 Take Profit Level 1: 190.01