Rising Wedge Pattern Reversal in TATACOMMTATA COMMUNICATION LTD
Key highlights: 💡⚡
📊On 1Day Time Frame Stock Showing Reversal of Rising Wedge Pattern.
📊 It can give movement upto the Reversal target of Above 2018+.
📊There have chances of Breakout of Resistance level too.
📊 After Breakout of Resistance level this stock can gives strong upside rally upto above 2325+.
📊 Can Go Long in this stock by placing stop loss below 1785- or last swing Low.
Trendpattern
AR/USDT 1-day potential long setupBINANCE:ARUSDT
AR/USDT 1-day potential long setup
The price of AR/USDT broke the previous resistance level of 4.36 and touched 4.60, but failed to sustain the momentum and retreated. It has since consolidated in the range of 4.22 to 4.48, but is now compressed between 4.00 and 4.17. The price has been accumulating in this zone for the past 7 days, suggesting that there is a strong buying interest at these levels.
A long position is now expected in this area, with a target of 4.60 and a stop loss below 4.00. Bullish divergence is also present on the 4-hour chart, which confirms the bullish outlook.
Key technical indicators:
Price: 4.15
Support: 4.00
Resistance: 4.76
Target: 5.20
Stop loss: Below 4.00
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.
Reversal Rising Wedge pattern in AXISBANKAXIS BANK LTD
Key highlights: 💡⚡
📈 On 1week Time Frame Stock Showing Reversal of Rising Wedge Pattern.
📈 It can give movement upto the Reversal Final target of Below 958-.
📈 There have chances of breakdown of Resistance level too.
📈 After breakdown of Resistance level this stock can gives strong downside rally upto below 680-.
📈 Can Go short in this stock by placing a stop loss Above 1080+.
Accumulated Phase!The candlestick downtrend has probability ended with a fresh buyer which results in volume cross above the MA line.
The MACD and RSI indicate a positive momentum with the price action.
Let's save TEXCHEM in WL and watch out for significant price action movement with a result in volume.
R 0.97
S 0.85
EURCAD ↗️ ↘️ Analysis (double Bottom ) Hello Everyone 🙋🏽♂️
As we could see at the end of the descending channel,
we had Double bottom and the most recommended movement after the This move is a ascending trend, so we had two scenarios her as we could se on the chart,
1️⃣ first one is the ascending trend which is the most common move to this pattern after testing the price 1.43900
2️⃣the second one is the descending move in the rectangle which is it possible movement after the price change the channel movement 1.42700
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manage your lot size as well and your SL and TP
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Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
High PE ratio Kennametal India Ltd. was incorporated in 1938 and is a 75% subsidiary of Kennametal Inc. It manufactures carbide tools and special-purpose machines for automotive, defense, railways, infrastructure and General engineering segments. The manufacturing unit is in Bengaluru.
1) header and shoulder pattern in stock
2) 2680 support for this stock
3) 3450 is target level
4) volume in stock
5) fundmental good stock
6) HIGH PE
No recommendation for buy and sell
Only pure education purpose only
bearish market but breakout chartSundaram Finance Ltd.
SUNDARMFIN NSE
Chart analysis each week
1) Lifetime chart treading in a gloomy market
2) bullish candle and decent stock value
3) stock down from this level in July 2021
4) stock broke down this level the previous week but was not sustained at level
5) stock is now sustained with value and a bullish candle.
6) With a stop loss of 2580, the next target is 4000.
7) SMA 50 is 2600
8) SMA 100 is 2424
9) SMA 200 is 2065
10) There is no buy-and-sell advice.
Others 1W (Crypto Total Market Cap) until end of 2023Sideways until the end of November between 101B and 124B. In December Others Market Cap may jump up to 137B - (false)breakout? Followed by (probably unsuccessful) retest in the second half of December (end of January 2024) falling down to 124B or even lower to 106B.
To be updated in January 2024...
USD/CAD - Key levels to watchTechnical analysis
The price is currently in a downtrend, please see the chart marks and the technical explanation below.
30-minute chart
On the 30-minute chart, USD/CAD is currently in a downtrend. The price is below the 200-period moving average, and the relative strength index (RSI) is below 50. This suggests that momentum is to the downside.
4-hour chart
On the 4-hour chart, USD/CAD is also in a downtrend. The price is below the 200-period moving average, and the RSI is below 50. This suggests that momentum is to the downside on this timeframe as well.
Daily chart
On the daily chart, USD/CAD is in a consolidation phase. The price is between the 50-period and 200-period moving averages, and the RSI is around 50. This suggests that there is no clear direction for the price on this timeframe.
Conclusion
Overall, USD/CAD is in a downtrend on the 30-minute and 4-hour charts, but in a consolidation phase on the daily chart. This suggests that the price is likely to continue to move lower in the short term, but there is no clear direction for the price on the longer term.
Ascending Triangle pattern breakout in AUBANKAU SMALL FINANCE BANK LTD
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Ascending triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 800+.
✅Can Go Long in this stock by placing a stop loss below 730-.
#NIFTY Intraday Support and Resistance Levels - 20/09/2023Nifty will be gap down opening in today's session. After opening nifty start trading below 20100 level and then possible downside rally up to 19980 in today's session. in case nifty trades above 20140 level then the upside target can go up to the 20260 level.
#NZDCHF short term buying opportunityprice forming Higher highs and Higher lows in bullish channel and currently testing channel return line which also coincide with 4H time frame #demand area.
Also we have reverse bullish divergence and 30 minutes EMA acting as a Support just below the price.
All together gives confluences for this short term bullish idea
IS ETH low at 1530 going to hold?(1)ETH last low from the distribution seller bar at 1540 has been taken out. We see some settling at 1530 level with a low test buyer bar coming up. Once this low has confirmed, we will look at the 4H timeframe to get an early top towards confirming on daily and weekly.
For the weekly to continue going down, there is a less than 30% probability. So,highly probably, it may confirm its weekly bottom before carrying further south. Let's see if how the trade plans out according to our smart money framework and the VSA methodology.
We will be tracking this potential trade and updating the post as we go along on the charts and on video. Keep a look out for it traders.
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Refn image from our ealier post:
Ascending Triangle pattern breakout in TCSTATA CONSULTANCY SERVICES LTD
Key highlights: 💡⚡
✅On 1Week Time Frame Stock Showing Breakout of Ascending triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 4145+.
✅Can Go Long in this stock by placing a stop loss below 3350-.
NQ Power Range Report with FIB Ext - 9/14/2023 SessionCME_MINI:NQZ2023
- PR High: 15574.00
- PR Low: 15562.50
- NZ Spread: 25.5
Significant Economic Events
08:30 – Initial Jobless Claims
- Core Retail Sales
- PPI
- Retail Sales
Maintaining tight PR spread, low vol session open
- Maintaining daily range
- Heading back towards daily pivot high
Evening Stats (As of 12:05 AM)
- Weekend Gap: N/A
- Session Gap: -0.33% (open > 15807)
- Session Gap: -0.11% (open > 15939)
- Session Open ATR: 233.73
- Volume: 22K
- Open Int: 219K
- Trend Grade: Neutral
- From ATH: -6.9% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 16105
- Mid: 15247
- Short: 14675
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
Ascending Triangle pattern breakout in ZYDUSLIFEZYDUS LIFESCIENCE LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of Ascending triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 670+.
✅Can Go Long in this stock by placing a stop loss below 630-.
Triangle pattern breakout in ALKEMALKEM LAB LTD
Key highlights: 💡⚡
✅On 1Hour Time Frame Stock Showing Breakout of triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 3820+.
✅Can Go Long in this stock by placing a stop loss below 3620-.
Ascending Triangle pattern breakout in PELPIRAMAL ENTERPRISES LTD
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Ascending triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1275+.
✅Can Go short in this stock by placing a stop loss below 1070-.
GOLD, to continue the bearish waveLast Thursday, gold price attempted to make a correction towards the $1930 PER ounce but was quickly rejected by the EMA-200/100 on the 4Hr time frame at $1929.814 which signifies that the bears are still in control in that region.
Last Friday, the price declines to 1919.085 at the time of market closure whereby the last two 4Hr candles closed below the trendline support that has been holding the bulls since 21st August 2023.
As long as the candles are closing below that trendline support signals the potential continuation of the bears movement down to the next significant level (1903).
Important news coming up this week which can alter the direction of the gold market so keep your eyes on the news on Wednesday to Friday. DXY has for the next consecutive 8 weeks been a bullish swing that could put more selling pressure on gold.
Wednesday: CPI
Thursday: PPI, retail sales and unemployment claims
Friday: Empire State Manufacturing Index and Prelim UoM Consumer Sentiment.
Resistance: 1925
Support: 1907, 1903, 1896
AKROUS Retraction at 50% FibThe Akro retracted to 50% Fib, where an intersection happens with a Daily Support level, and an upward trend line.
I believe that the upward trend will hold, and eventually will surpass the last high.