TradeWithParas

TradeWithParas

GGGL presents an interesting weekly trading opportunity. The stock recently broke out from an approximately 100-week consolidation period, signaling a potential long-term upside. Following the breakout, the price successfully retested the weekly support zone around 8. The weekly candle closed at the 0.5 Fibonacci retracement level, a key area for potential...

TradeWithParas

On the daily chart, GTYR is on a steady upward path within an ascending channel, currently testing the Fib 0.5 level. Buy1 is recommended at CMP(46), and Buy2 is recommended at 40—a level that also serves as channel support. A stop-loss on a closing basis is advised below 34. The first target is 55; if the price moves past the channel resistance after that,...

TradeWithParas

MMM is in a strong bullish uptrend after finding support around the 76 zone in March 2024. The stock has posted positive earnings for four consecutive quarters, meeting expectations. Trading above the daily trendline, it's likely to fill the gap formed after January earnings, setting up a new higher low. Entry Suggestions: Buy 1: 142.5 Buy 2: 135.5 Stop Loss...

TradeWithParas Updated 

Corning (GLW) just crushed earnings expectations (pre-market yesterday, Jan 29th!), and the charts are looking interesting. The stock's respecting a solid uptrend line, and the RSI's confirming the positive momentum. We might see a little dip to fill that recent gap and retest the trendline (perfect for a second buying opportunity!), but the overall picture looks...

TradeWithParas

MARI presents a compelling buy setup. The stock is in a confirmed uptrend, recently bouncing off a key trendline within the crucial 0.618-0.78 Fibonacci retracement zone, a key area of support. A bullish inverted hammer candlestick, followed by another positive candle, formed at this level, suggesting renewed upward momentum. The RSI confirms this bullish...

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ServiceNow (NOW): Bearish Setup Ahead of Earnings ServiceNow (NOW) is showing signs of potential bearish movement as it nears its earnings announcement on January 29. Bearish Divergence: Notable on both the daily and weekly charts, suggesting weakening momentum. Double Tops Formation: A reversal pattern indicating potential selling pressure. AB=CD...

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Feroz currently displays a bullish trend supported by key indicators. Price has rebounded from a trendline and is trading above the 89-day EMA, a historically significant support level respected by the price action. A recent support zone bounce and alignment with the Fibonacci Golden Ratio further strengthen the bullish outlook. Buy levels are 330 (CMP) and 310,...

TradeWithParas Updated 

Reasons for bullish bias: - DOW theory, Entry at HL - Price took support at Fib Golden zone - Overall, a bullish trend Here are the recommended trading levels: Buy 1(CMP): 416.87 Buy 2: 345 Stop Loss Level: Closing below 271 Take Profit Level 1: 502 Take Profit Level 2: Open if price gives closing above 508, the next resistance (next target) will be till 675!...

TradeWithParas Updated 

Tesla's weekly chart showcases a bullish breakout from a symmetrical triangle pattern. The RSI on the same timeframe remains supportive, adding weight to the potential for price increases. This is a promising technical setup, but a major event looms – earnings on Tuesday after the market closes. The post-earnings price action will be crucial in determining Tesla's...

TradeWithParas

Reasons for bullish bias: - Price bounced from Fib golden zone - Overall, a bullish trend - Price gave bull flag pole breakout - Fundamentally a strong company - RSI is synched Here are the recommended trading levels: Buy 1(CMP): 1100 Buy 2: 1048 Stop Loss Level: Closing below 960 Take Profit Level 1: 1260 Take Profit Level 2: Open

TradeWithParas

Reasons for bullish bias: - Price formed double bottoms at strong support level - Overall, a bullish trend on daily - Bullish divergence Here are the recommended trading levels: Buy 1(CMP): 71.7 Buy 2: 67.2 Stop Loss Level: Closing below 61 Take Profit Level 1: 78 Take Profit Level 2: 85

TradeWithParas Updated 

Reasons for bullish bias: - Price gave a bullish closing above the weekly support level - Price bounced from fib golden pocket - Price gave downward trendline breakout - AB = CD pattern can be seen, if price give resistance (also TP1) breakout, then next target can be considered at point D(approx. 105) - Overall a bullish trend on daily - Bullish divergence Here...

TradeWithParas

Reasons for bullish bias: - Price respecting upward trendline - Harmonic AB=CD pattern formation - Price is at horizontal support - Safe entry can be taken after a bullish candle closing - No divergence Here are the recommended trading levels: Entry Level(CMP): 47.15 Stop Loss Level: Closing below 43.5 Take Profit Level 1: 52.59 Take Profit Level 2: 57.41 Take...

TradeWithParas

Reasons for bullish bias: - Price gave trendline breakout - Harmonic XABCD pattern formation - Price gave LH breakout - Price bounced from a strong support zone - Bullish divergence - SFEL trade call recommendation Here are the recommended trading levels: Buy 1(CMP): 239 Buy 2: 215 Stop Loss Level: Closing below 199 Take Profit Level 1: 279 Take Profit Level 2:...

TradeWithParas Updated 

Here are the recommended trading levels: Buy 1(CMP): 366.9 Buy 2: 334 Stop Loss Level: Closing below 277 Take Profit Level 1: 423.63 Take Profit Level 2: Open Reasons for bullish bias: - Fundamentally a very strong company - Price is at a good fib zone - Overall a bullish trend - Price synched with RSI

TradeWithParas

Trade Plan EP(CMP): 0.51784 SL: 0.52182 TP: 0.51386

TradeWithParas

Reasons for bullish bias: - Fundamentally a very strong company - Price respecting upward trendline and is at 0.382 Fib level - Overall a bullish trend - Divergence also getting synched Here are the recommended trading levels: Buy 1: 402 (CMP is also good) Buy 2: 384.19 Stop Loss Level: Closing below 355.8 Take Profit Level 1: 482.91 Take Profit Level 2: Open

TradeWithParas

Reasons for bearish bias: - Price gave HL breakout - Price gave breakout of rising trendline - Bearish divergence Here are the recommended trading levels: EP(CMP): 42500.6 SL: 43434.8 TP: 41566.4