SOMANYCERA Somany Ceramics
Tide Daily MACD positive Crossover,
& wave is hourly oscillator upticks
Long term Resistance Trendline Breakout
Along with Cup n handle Chart Pattern Breakout.
With Good intensity of Volume.
All EMAS like 5, 13, 26, 50, 100, & 200 are Crossed
Over by PRICE in Both Tide and Wave.
One can go Long with Aggressive Stop-loss of Low of Breakout candle.
But Conservative Stop-loss is Nearest Swing Low.
This conviction is strong enough to build Bullish Bias,
Price action still says Closing above 470 in Daily time frame Will Make my Conviction More Strong.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Niftyindia
NIFTY 32000 by Jan 2024India's #NIFTY is insanely bullish till Jan 2024 - this is the bull run we all have been waiting for
32300 by JAN 2024
Essentially we will more than double from here so we can safely say grow at 25% CAGR on an annualized basis when seen from a 4 YR time frame.
Best time to put money in the index fund
Nifty 50 Intraday & Expiry Day Trade Setup for 10th March 2021Good Morning everyone
Important resistance for today's Intraday is 15270-15300. India 50 has given a good rally in upside after our trading session and closed on 15261. This means we are going to see a huge gap up again. Around 100-120 points. The index is too much volatile these days. So what is the Trade setup for today?
Intraday resistance is on 15270. the direction in Intraday comes only on breakout of 15270-15300. Today Intraday strategy is based on a 45-minute range. Use a 5-minute time frame to build your trade setup and wait for the first 45 minutes. Setup your trade on Breakout or breakdown of 45-minute range.
TORRENT POWER is too far from its POCThe stock seems to be having jitters of being too pricey. There has been formation of inside bar on daily and the stock is too far from moving averages thus a resistance on 20 EMA and thus a fall downward to the red line being 200 EMA would be easily achievable in coming time within 2 weeks.