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
Consider a promising swing trade opportunity in Central Depository Services Limited (CDSL) , a leading securities depository in India, facilitating the holding and transfer of securities in electronic form. Reasons are listed below : Breakout from Strong Resistance at 2000 : CDSL has successfully broken above a significant resistance zone at 2000, with a...
Hello Traders and Investors, today I will take a look at Amazon. -------- Explanation of my video analysis: Just three months ago Gold broke out of a very long term ascending triangle formation - similar to the triangle formation which we saw back in 2019. So far Gold is just creating the expected continuation higher and you can definitely close out partials...
FX:EURUSD Entry : 1.06486 Target : 1.07097 Indicators also show a bullish trend.
EURJPY turned very bullish after a release of US PMI data today. We see a new higher high higher close on a daily with a breakout attempt of a key horizontal resistance. Daily candle close above will confirm the violation. A bullish continuation will be expected 166.5 then. ❤️Please, support my work with like, thank you!❤️
Genus power after breaking out in May 2023 has moved around 164% in a span of 1 year. Then corrected around 26% and once again it has started moving up. This week it tested a strong fib resistance level of 338 and if this or next week manages to sustain above this number then it can try to touch 1) 366 2) 387 3)398 4)413(imp level) 5)443 6) 463 7) 490(imp level)....
HEG ltd cmp 1882, market cap 7264 cr, company is leading manufacturer and exporter of graphite electrodes. PE vs ROCE ratio is better as compared to another leading player graphite India. My concern is the fall in Operating margin trend. Holding% Dec'23 promoter 55.77( 59.62 Mar'21), FII 6.85(9.43 Mar'21), DII 8.85(7.41 Mar'21). Infact some new mutual fund...
#BSE CMP 2768, broke out on 1st April 2024 and since then has been consolidating in a small range of 2900-2700 and has made pole n flag structure along with an inside candle pattern. Breakout above 2894 can take it towards 2971/3005(imp level)/3093/3256/3435/3529/3663(imp level). Below 2529 it will become weak.
Praj industries breakout retest on monthly time frame.
XAUUSD SELL TP in the chart SL in the chart Good luck guys Note: To reduce the risk on your balance you have to use only 2% of your balance. - - - - - -❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️.
After seeing a spike upside sweeping out liquidity, price swiftly caused a Shift in structure to the downside leaving some imbalances along the way, over time price has collectively moved back to the upside showing little bullish strength… Returning to my areas of interest i.e fib entry zone and supply zones. Dropping to lower tfs we have now made some additional...
AUDCHF broke and closed above a key daily horizontal resistance. The broken structure turned into support now. The market may keep growing. Next resistance - 0.5909 ❤️Please, support my work with like, thank you!❤️
PEPE bulls are already to make 150% pump after the correction. We see not only one confirmation of bullish signal. Risk reward 1/3
Expecting ROI - 30% As mentioned in multi time frame analysis charts, 1) Monthly 6 year old VCP Breakout, Retest done , consolidated for 2 months, now ready to move out of the consolidation zone. 2) Compressing at major supply region with minimal sellers strength 3) Expecting BO soon, SL at prev week low.
Consider a compelling swing trade opportunity in Safari Industries , a renowned luggage and travel accessories manufacturer in India. Reasons are listed below : Flag and Pole Pattern : Safari Industries displays a flag and pole pattern, indicating a potential continuation of the prior uptrend. Bullish Marubozu Candle in Weekly Timeframe : The presence of a...
The stock has broken upside of it's important supply region - 2018 all time high levels , clear Volatility contraction in place. Breakout and Retest has happened - level - 162. As per the Technical pattern, target of minimum 236 is seen. As mentioned in charts, My entry at 178 with an SL of 5%, target of 30% - 236 - Trailing as per Price Action.
Consider a compelling swing trade opportunity in Rossari Biotech , a leading specialty chemicals manufacturer in India, renowned for its innovative and sustainable solutions across various industries. Reasons are listed below : Price at Support Zone : Rossari Biotech is trading at its support zone, where it was initially listed, indicating potential buying...