Picturesque Cup&HandleThis is a proper cup and handle, buy the breakout right at the all-time high or wait until it clears the all the high and comes back to confirm resistance. I will be buying to open as soon as price reaches new highs
Buy to open = 169.07
1st Profit Target = 175
Stop Loss = 164.20
Breakouts
Could Altcoins Rise This Weekend? Here's What We're Watching!Hey everyone! If you're enjoying this analysis, a thumbs up and follow would be much appreciated!
Total2 (Altcoin Market Cap) Update:
Total2, which tracks the total market capitalization of all cryptocurrencies excluding Bitcoin, appears to have broken out of a falling wedge pattern in the 4-hour timeframe. The price is also holding above the 50-day Moving Average (50MA), which can be a sign of support.
Expecting a good bounce in Alt M.cap up to $1.12T in the next few days. Keep a close eye on your favorite Alts this weekend.
What are your thoughts on Total2's current price action? Do you see a bullish pattern? Share your analysis in the comments below!
Thanks!
RNDR: break pattern📊Analysis by AhmadArz:
🔍Entry: 9.780
🛑Stop Loss: 9.200
🎯Take Profit: 10.270 - 10.787 - 11.304 - 11.811
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
GMR AIRPORTS INFRA LEVELS FOR SWING TRADING 18/06/2024STOCKS FOR SWING TRADING (SHORT TERM) 18/06/2024
NO.5
#GMRINFRA
Buy Price - 94 (CMP 93)
SL - 80
TARGET - 115, 130 (25 - 40%)
@jagadheeshjp
Disclaimer : All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
CASTROL INDIA LEVELS FOR SWING TRADING 18/06/2024STOCKS FOR SWING TRADING (SHORT TERM) 18/06/2024
NO.1
#CASTROLIND
Buy Price - 200 (CMP 203)
SL - 185
TARGET - 230 (15%)
@jagadheeshjp
Disclaimer : All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
IRCTC - Ready for a HUGE move? Aiming around 80%+ gains! IRCTC is set to double once it clears key resistance levels!
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Weekly TF View:
Here's the plan:
- Critical Level: Watch for a daily candle close above ₹1000. This signals the first entry point around ₹1027.
- All-Time High Alert: If the weekly candle closes above ₹1300, prepare for a potential Marubozu candle, indicating strong bullish momentum. This will be our second entry point.
- Strategy: Entering before the breakout to catch the bottom. Remember, risk management is crucial. The market is supreme; we adapt.
- Price is bouncing from the important fibonacci support area. Showcasts buyers are strong!
Let’s wait and watch the show unfold!
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Stay tuned for updates as IRCTC approaches these critical levels. Happy trading!
Disclaimer: This is NOT a buy/sell recomendation. This post is meant for learning purposes only. Please, do you due diligence before investing.
Thanks & Regards,
Anubrata Ray
Fresh Uptrend in MTARTECHStock Analysis
MTARTECH is starting a new trend after a significant correction.
An ABCD pattern has been identified, signaling the beginning of a fresh uptrend.
Volume is increasing along with price appreciation, indicating strong buying interest.
A strong base has been formed, supporting the new trend.
Trading Strategy
Target and Stop Loss: All levels for shorter and longer duration trades are mentioned on the chart.
Trade Recommendation: Consider positional trading based on the chart analysis.
This setup looks promising for both short-term and long-term trading. Trade with confidence!
Breakout in DivisLabStock Analysis
DivisLab had been stagnant since October 2021 but has recently broken out.
Today's volume indicates significant upside potential.
Trading Strategy
Short-term and Long-term Trading: Both stop loss and target levels for short-term and long-term trades are mentioned on the chart.
Short-term: Follow the specific levels for quick gains.
Long-term: Use the indicated levels to capture extended growth.
This breakout looks promising for both short and long-term trades. Trade with confidence and follow the chart levels!
Qinetiq breaks out after 4 yearsBreaking out of rectangle patter formed since Feb 20 should mean an upside target of 648.
Good results & defence industry make it more resilient in the face of other factors affecting the economy (e.g. election and recession).
Do your own research and this is not a recommendation to trade in this stock.
Breakout in CIEINDIA after a long consolidation Stock Analysis
CIEINDIA was consolidating for a long period and has just given a breakout with a spike in volume.
A strong base has formed at the 460 level, which is unlikely to break.
Trading Strategy
Short and Long Duration: Suitable for both short-term and long-term trades.
Target and Stop Loss: Short-term stop loss and target levels are plotted on the chart.
Price Rally: Suggest holding the stock as long as possible with a trailing stop loss.
Potential Upside: The stock may reach levels between 900 and 1200.
This setup looks promising for a sustained price rally. Trade smart and hold as needed!
Somethin will happenBullish flag, a big one is forming. If you like crypto this is a must. Buy now, and keep buying at every dip. This could blow up the entire place at any time in the upcoming weeks. SL triggers if a weekly candle breaks down the support zone and closes below it with tons of volume.
Possible BTC Breakout! Eyeing $70k!!Hello everyone! If you enjoy this content, please consider giving it a like and following for more updates.
The chart suggests a potential breakout from a descending channel pattern for Bitcoin (BTC), followed by a retest of the broken trendline as support. If this retest holds, there could be a significant price increase towards $70k. The 50MA is also acting as a potential support level.
Here's what could invalidate this bullish scenario: A daily candle close below $61.5k.
What do you think about this potential price movement? Share your thoughts in the comments below!
CESC - BREAKOUT STOCK TO BUY FOR SWING TRADINGSUPPLY ZONE & BREAKOUT STOCK
Breakout point - 150
ENTRY - 150
SL - 140
TARGETS - 180
Disclaimer - All information on this page is for educational purposes only,
we are not SEBI Registered, Please consult a SEBI registered financial advisor for your financial matters before investing And taking any decision. We are not responsible for any profit/loss you made.
#ESCORTSCompany is almost debt free
New Products
During FY22, the Co launched six new tractor variants under the Powerhouse series with improved power, fuel efficiency, application suitability and lower maintenance features. Under the railways equipments vertical, the Co launched Emergency pull box, Coupler (Rev # 3) and Metro Dampers (Chennai Metro).
Focus
The Co. is actively pursuing the development of the Electric Vehicle (EV) market, products and technology. It is investing and building capabilities in next-generation digital technologies under the Rajan Nanda Innovation Lab.
We are at a Precipice - BTC WeeklyThis next week is critical in determining our path forward. For continuation to the upside, really need to se BTC above 67K (green path). As we live below 63K, downside is more likely (yellow path). Pay close attention to price action this week/beginning of next week.
Ascending Channel on EUR/USD @ D1An ascending channel pattern has formed on the daily chart of the EUR/USD currency pair. This followed a long period of bearish trend for EUR/USD. The pattern can be used for a downside breakout trade setup. The pattern's borders are marked with the yellow lines. The potential entry level is at the cyan line. The potential take-profit level is at the green line. The position of both lines is calculated based on the channel's width. The stop-loss isn't shown on the chart. It is to be set to the high of the breakout candle or to the high of the preceding candle if the breakout one is trading mostly outside the channel.
AUDCAD - BEARISH CONTINUATIONPrice could possibly break back above to fill the range.
Looking for a break and close above the resistance level at 0.88495, then waiting for a minor pullback to retest the level before placing a buy order to fill the range.
Ideally I would prefer to see price continue to the downside with a break and close below the 0.88220 level, as current trend is bearish.
Again for sells I am looking for a break and retest before entering a position.
Targeting 0.87825 level where I will look to close 50% and move my stops to BE, with a full TP target at 0.87555.