Container Corporation stands out as a promising prospect, supported by compelling technical indicators, inviting closer scrutiny. Reasons are listed below : Container Corporation has exhibited resilience at the 815 level, undergoing multiple tests before breaking through. The ongoing retest of this level signals a potential paradigm shift in the stock's...
Zensar Technologies , a global IT services provider specializing in digital transformation and technology solutions, is showing strong technical signals for a potential swing trade. Reasons are listed below : Head and Shoulder Pattern : This classic reversal pattern indicates a potential shift in trend direction. A completed pattern and subsequent breakout...
Likely to hit upper targets in a few days. Rising RSI Rising momentum Good volume Strategy supporting BUY position and hold till Target 4. All the best.
- Colgate gave a good breakout which was met by a long upper wick candle showing the presence of sellers at the crucial resistance zone. - The price is now trying to break it. The structure does look good but given the volatility just after the breakout, it will be wise to wait for a break and sustenance of the price above the zone. What are your thoughts? Leave...
- We posted the initial analysis of Tech M on March 5th, 2023 which can be accessed below. - Given that the price action changed with time, we decided to post the updated price action for the ease of our followers - The chart is pretty self-explanatory - The Price action is similar to that of NSE:WIPRO . The price consolidated for over a year and finally...
UTI AMC is currently displaying a symmetric triangle formation on its weekly chart. Recently, it formed a double bottom pattern on the weekly timeframe, which was followed by a breakout. The stock is currently encountering a minor resistance level. Interestingly, the resistance trend channel and the 50% Fibonacci retracement level align closely, making it a strong...
Swing Sniper printed a 30m sell signal earlier today. The price has retraced to test the signal candle. This is also the top of a 4h bullish channel that the price is rejecting off of for the 4th time. Price should drop short from here down to 100 area (green line).
NASDAQ:DLTR Entry: $123.08 Target: $125.02 Stop-loss according to your risk appetite. Not more than 1:1. Indicators also showing a bullish trend.
] USDCHF is trading in a strong bullish trend on a daily. The price is currently testing a key horizontal resistance. I am waiting for its breakout - a daily candle close above, to buy. Bullish violation of the underlined blue are will give us a strong bullish signal that will push the prices at least to 0.92 level ❤️Please, support my work with like, thank you!❤️
As we discussed on the yesterday's live stream, Dollar Index broke and closed below a key daily structure support after a consolidation Retesting the broken support, we see a positive bearish reaction to that. It makes me think that the market will drop lower. Next support - 105.2 ❤️Please, support my work with like, thank you!❤️
Here are some pointers to keep in mind: - One year-long consolidation. - Clearly defined support and resistance. - 6 Week consolidation at the resistance zone makes the resistance weak - Recent breakout was prevented with a long upper wick. A.K.A Sellers present. - Margin of Safety is a mere 6% ( CMP vs ATH) - There is no clear winner yet as the signals are...
The stock is poised for a breakout move above it's all time high. Trend and RSI Momentum intact. My SL would be strictly at 624, target - 711.
🔉Sound on!🔉 Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
A potential swing trade opportunity in Syrma SGS , a notable player in the electronics manufacturing industry. Reasons are listed below : The stock exhibited resilience as it rebounded strongly from the 450-500 support zone, suggesting a false breakdown and indicating underlying strength. A hammer candlestick formation on the weekly timeframe signals a...
Short Term Trading Advice by Naranj Capital Buy Medpace Holdings ● Buy Range- 395 - 400 ● Target- 435 - 440 ● StopLoss- 360 ● Potential Return- 9-10% ● Duration- 15-16 Trading Days
Short Term Trading Advice by Naranj Capital Buy Crane Company ● Buy Range- 134 - 136.5 ● Target- 144 - 145 ● StopLoss- 129.5 ● Potential Return- 5-6% ● Duration- 10-12 Trading Days
1) Stock is in uptrend in all major time frames. 2) Weekly is reversing from a pullback. Last week - weekly candle confirms reversal. 3) Daily price action as well confirms reversal, moved out of range. 4) RSI just hitting 60 in daily, RSI in lower timeframes apt for entries. My entry : 520. SL : 493. Target : 613.
Sail has round bottom pattern breakout with huge volume TGT up to 260 SL bellow 139 Educational purpose only