BSE Ltd Breakout: High Volume Surge and Buy Signals!🚀 BSE Ltd Breakout Alert! 🚀
📊 Current Market Price (CMP): ₹3,896
🔍 Breakout Levels:
✅ High volume breakout observed across Daily, Weekly, and Monthly charts.
📈 Oscillators showing a Buy Signal.
📉 MACD confirms a Buy Signal as well.
🔑 Stop Loss : ₹3,650
🎯 Target : ₹4,375
Disclaimer : This analysis is for educational purposes only. Please don't follow this study blindly. Do your own research or consult with a financial advisor before entering any trade. Always trade with caution and risk management!
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BSE
CGPower : Strong Bullish Momentum: Key Support & Resistance Zone NSE:CGPOWER in Strong Bullish Momentum: Key Support & Resistance Zones
NSE:CGPOWER continues to demonstrate solid upward momentum across multiple timeframes, with positive trends seen on the daily, weekly, and even shorter 75-minute charts. Here's an advanced look at key levels and insights:
Key Indicators to Watch:
Weekly 50 EMA: ₹605 – A strong long-term support level. The price remains well above this, indicating a sustained bullish trend.
Daily 50 EMA: ₹736 – Medium-term support. A key level to watch for any pullbacks or corrections.
Weekly 10 EMA: ₹745 – Immediate weekly support, offering a clear level for trend continuation.
Daily 10 EMA: ₹792 – The near-term support on the daily chart; holding this level is crucial for continued upward momentum.
75-min Chart:
50 EMA: ₹786 – This EMA offers intraday support, crucial for short-term traders.
21 EMA: ₹816 – Further intraday support, maintaining strength at this level keeps the bullish sentiment intact.
10 EMA: ₹840 – Immediate short-term support in intraday action.
Key Resistance Levels:
52-Week High : ₹874.70 – A breakout above this significant level could lead to a fresh rally with further upside potential.
₹846 – Short-term resistance that aligns with 75-min 10 EMA, a key test for continued bullish momentum.
₹875-₹900 – If the stock breaks its 52-week high, we may see this range as the next target zone.
Support Levels to Watch:
₹756 – Short-term support level; a strong dip-buying opportunity if prices pull back to this region.
₹786 – A key support level on the 75-minute 50 EMA; holding this strengthens the upward move.
₹816 – The 75-minute 21 EMA provides a solid intraday support level.
₹846 – A critical near-term support zone that should hold for the continuation of bullish movement.
Outlook:
NSE:CGPOWER is showing a healthy bullish momentum, with consistent support levels across the daily and weekly charts. Holding above ₹756 and breaking past ₹874.70 could fuel further bullish activity. Watch for pullbacks near support levels for potential buying opportunities. As long as the price holds above its key EMAs, especially the daily and 75-min EMAs, the trend remains strongly positive.
Conclusion:
With CGPower's upward momentum intact and strong support from its EMAs, it remains in a bullish trajectory. Monitoring price action near ₹756, ₹786, ₹816, and ₹874 is essential for confirming continued strength.
Disclaimer: I am not a SEBI Registered Research Analyst (RA). This analysis is for educational purposes only and should not be considered as investment advice. Please conduct your own research or consult a financial advisor before making any trading decisions.
IREDA IS READY TO BURST WITH FULL ENERGYNSE:IREDA is slowly storing energy to give huge breakout and give New ATH.
Currently IREDA is wave 5 candidate in weekly chart and wave 3 candidate in daily charts.
As all we know what happens when these two combines there is high probability the charts can go up.
The view is applicable until the chart stay above 220, The view is invalid when it is below 215, any movement below 215 is a bearish view.
Otherwise the upper targets are
245
265
280
300
325
350
Disclaimer
The above analysis is just sharing of knowledge and not an investment advise, we are not sebi registered and please DYOR before taking any trade as our trade idea is not entitled to your profit/loss. Please take advise from your financial advisor before investing your valuable and hard earned money.
If you like my analysis do comment and give a boost. It boost our energy to do more analysis.
BSE - Technical Structure IntactBSE shares today faced the wrath of SEBI directive seeking the payment of regulatory fee (both historical and current FY).
Although this is not a fresh buying suggestion, but as evident from the chart, there had been a recent flag pattern breakout which still has not been violated.
People holding can continue to do so until the levels marked at the bottom aren't breached.
IDEAFORGE TECHNOLOGY LONG TERM VIEWIDEAFORGE TECHNOLOGY LTD is forming a Double Bottom Pattern and a channel pattern within the double bottom formation as well.
Entry is given at 712
Stop Loss is given at 556
Targets are as follows:
Target 1-886
Target 2-1056
Target 3-1260
Target 4-1345
(These targets will be achieved within 2 years from the date of entry)
NOTE:- This view is purely based on Technical Analysis and is for educational purposes only.
Please consult your Financial Advisor Before taking any trade.