Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas...
Hello Traders, DMART as we can see on the weekly Chart since Nov 2021 stock was in a bearish momentum and finally after forming a proper Descending Triangle Pattern it gave a breakout on Nov 2023 and re-tested on the same trendline and it seems to be a Bull Run from CMP. CMP of the stock is 3852 and now it can go up to 4100-4130 levels. Stop loss would be...
Hello Traders, Let's delve into an analysis of INDUSTOWER today. In 2017, the stock exhibited a Double Top pattern, resulting in a significant bearish turn and a substantial drop from approximately 470 levels to 145 as of April 2023. However, a positive turn occurred when a Double Bottom formed at 145 levels in April 2023 (refer to the chart). Subsequently, the...
it seems that Doji already there. and first entry for indiavix should be there
Looks like Dmart has taken support on trendline and moving towards the following targets in 4years, lets see how this works Target1: 5250 Target2: 7340 Target3: 8550
Stock name = Sanghvi Movers Limited. Weekly chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Master Score - A Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling...
Stock name = Dynacons Systems & Sltn. Limited. Weekly chart setup Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Master Score - A Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling...
Date: 28-03-2024. As traders, we're always looking for strategies that can yield profitable outcomes amidst market fluctuations. One such strategy that has recently caught our attention is the short straddle in the Nifty50 April 2024 contract, particularly focusing on the 21700 strike. Let's dive into the details. *Understanding the Setup:* The Nifty50 April...
Hello Traders, FSL has formed a clear CUP & HANDLE CHART PATTERN on weekly chart. Since July 2021 stock was in Down trend and now its almost near to its All time high price. 226-230 range could be the best entry zone in this stock followed by 180 Stop loss. Targets can be 1:2 and 1:3. If you feel this was helpful !! pls Like, Support & Follow Thanks for your...
Monthly RSI Above 60 Weekly RSI Above 60 Daily RSI near 40 Low Risk Setup
AngelOne formed a falling wedge pattern on daily chart. Strong bullish breakout with good volume on the day of breakout give higher probability for a good run. Stoploss just below the breakout candle would give 1:2 risk reward ratio. Moreover whenever price falls there was noticeable below average volume.
Trading @ 665 levels Daily Chart looks good Resistance @681 Prices above EMA RSI needs a breakout Stoch above 80 Watch out for further price action Support @ 645
LT appears to have formed a cup and handle pattern with bullish breakout. However there were some selling during end of the day. Though volume was above average, selling at the end of the day is a worry. Risk reward is around 1:1.7. Disclaimer: I am not a SEBI registered consultant. This is not a buying or selling recommendation. Please consult your financial...