Tasty Bite is again at its imp support zone: 12298 - 11593. It is testing this support for the second time, providing another opportunity for accumulation. Price action at the support also confirms that demand does exist there. Disclaimer: Not a recommendation to trade.
Hello Friends, Many reasons which in confluence indicate that Gold has long rally to go from here (Current level 1871 USD/Ounce) as on 14 Feb 22. 1. Cup and Handle Formation on Gold Monthly Chart: Cup and Handle Pattern formation is visible on Gold's chart on Monthly time frame. Theoretically, it indicates targets of as high as Cup's depth, i.e. approx. 800 $...
Godrej Properties has fallen about 40% from its all-time highs in the past few months. Currently Stock is trading near its imp weekly support @ 1470- 1430 levels. If held all good, if not then the next good support I see is around 970 - 870 levels, about another 600 points from current levels 🤯. As per the history stock, the stock does have the tendency of...
Icici Prudential is at multi-timeframe support. The structure of the stock is still maintained of higher highs and higher low, hence if this support {530-520} is held, chances are high that the correction we are seeing in the stock since 700 levels might end and stock may resume its bigger trend ( uptrend). Disclaimer: Not a Recommendation to trade.
Hello Traders and Analysts, A Note before reading - this is a forecast analysis - based upon our trading strategy. This is tagged short, due to the long term structure offering a reactional level upon the imbalance. Price is still creating higher highs and completing the sequence to create a "fresh level" but in actual fact this is an imbalance. Please do not...
$BA above 245 looks good (if it gives breakout with volume), quite a consolidation #StocksToWatch. Also finally the order book tuens positive
NSE:TATAMOTORS has been underperforming consistently since 2016 (around 4.5 years). It's been in a textbook downtrend so far, making lower highs on the Weekly chart. But with the strong moves December onwards, the stock has cleared a very important hurdle and has broken market structure. This may potentially mean that it could finally be a favourable as a...
$nio chart is looking interesting with the symmetrical triangle formation, a close above 48.5 can lead to a breakout. Also, Nio day is near on 9th Jan, an annual event for the company to make major announcements for products or services. Will it lead the rally to ATH?
T1 1570 - breakout with volume
JK paper got bounced from support line, buy it for a tgt of 92, 94+ in 1 week of time frame
POSITIONAL: Good BUY CMP 876 Tgt 920-930 SL-833
ITC ascending triangle breakout, closed above 202 Target 210,215,220 SL 192
AMD channel breakout , T1 70$ Have mentioned fibo levels in the chart to help with entry and exit
Gold looks bullish with a flag an pole breakout , T1 1900 T2 2000. Also have drawn the fib levels in the chart
Potential Cup and Handle Pattern breakout , will look for the breakout above 200 above volume. It is a long term stock in my portfolio. Will update the targets once we see the clear breakout
Today's candle will be important to see if we are breaking the channel , m inclined towards a fall as the market is not reflecting the current economic conditions . Refer to charts for the levels
Mc dowell has rallied about 25% in past 8 trading session and it also closed above it previous resistance around 570 levels. Currently Its taking resistance T Fib extension levels around 616. The structure of the stock is now of higher highs and higher low, hence any pullback can be an opportunity to enter long in the stock. I will be eyeing 570 -550 zone for...