Patterntrading
TATA STEEL at Resistance ZoneThis is Daily Chart of TATA STEEL.
Tata steel having good Law of Polarity at 163-168 range.
If this level is sustain , then We may see lower prices in the stock again.
Tata steel is a good support zone at 125-130 range.
Two EMAs are also supporting the stock, with the first EMA positioned at ₹140 and the second at ₹129.
THANK YOU !!
ZYDUS LIFESCIENCES AT BEST SUPPORT !!This is the 4 hour Chart of ZYDUSLIFE.
Zydus Lifesciences at good support zone near ₹920–₹930 range.
Zyduslife is moving in a Higher High and Higher Low (HH-HL) formation.
Stock has formed a broadening pattern within the channel.
If this level is sustain, we may see higher prices in ZYDUSLIFE.
THANK YOU !!
Nasdaq - The final bullrun breakout!Nasdaq - TVC:NDQ - might break above all structure:
(click chart above to see the in depth analysis👆🏻)
It is quite incredible how volatile stocks have been lately, especially considering that fact that the Nasdaq is about to create new all time highs again. Consequently, we are about to witness a significant structure breakout, which would ultimately lead to another rally of about +30%.
Levels to watch: $21.000
Keep your long term vision!
Philip (BasicTrading)
ABFRL at Best Support !!This is the Weekly Chart Of ABFRL .
ABFRL having good Law of Polarity at 70 range.
ABFRL having EMA support at 72 range
If this level is sustain , we may see higher price in ABFRL ||
Based on time-wise analysis, our initial expected return is 40–42%, which the stock consistently forms beyond the Law of Polarity (LOP).
Thank You !!
JSW Steel is near its Support LevelThis is Daily chart of JSWSTEEL.
The stock is trading within an Ascending Channel.
It is currently near the lower support zone of the channel, which lies in the ₹920–₹945 range.
Simultaneously, a Symmetrical Triangle pattern is forming with a consolidation range between ₹930–₹950.
The stock is currently taking dynamic support from two EMAs: the first EMA is providing support near ₹245, while the second EMA is acting as a deeper support around ₹230. Both EMAs are helping maintain the stock’s bullish structure."
If this level is sustain , we may see higher prices in the stock.
Nvidia - The bullish consolidation flag!Nvidia - NASDAQ:NVDA - is still quite bullish:
(click chart above to see the in depth analysis👆🏻)
After Nvidia retested a major horizontal support just last month, we witnessed an extremely strong bullish reversal candle which resulted in a strong +50% rally. Considering the bullish flag consolidation, a breakout is much more likely, but not in the immediate future.
Levels to watch: $150
Keep your long term vision!
Philip (BasicTrading)
Ethereum - The bottom is finally in!Ethereum - CRYPTO:ETHUSD - is starting the rally:
(click chart above to see the in depth analysis👆🏻)
Finally, after dropping an expected -65% over the past couple of months, Ethereum is retesting and already rejecting a significant horizontal structure. Together with the strong confluence of support, Ethereum is now creating a long term bottom, initiating the next bullish cycle.
Levels to watch: $2.000, $4.000
Keep your long term vision!
Philip (BasicTrading)