Kartik_Elkunchwar

Kartik_Elkunchwar

Adani Green Energy has reached a significant support level of around 1180, coinciding with the 0.5 Fibonacci retracement level. This indicates a strong potential for a rebound at this price point. Given these technical indicators, considering entering a long position could be an opportune moment. The projected target range for this trade would be between 1450 and...

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Airtel has reversed its downward trend, having previously broken the resistance level of 1605 rupees. It is currently attempting to retest this resistance level. We can consider taking a long position from this point, targeting a gain of 7 to 8%.

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Reliance has demonstrated a significant shift in its price action by breaking out of the prevailing downtrend. This is an important indicator as it suggests potential momentum for upward movement. Following this breakout, the stock has successfully retested the downtrend line, confirming its strength and validity. Currently, it is trading within a critical...

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ETHERFI is currently experiencing significant resistance at the $2.50 threshold. This price point has proven to be a formidable barrier to upward movement. Meanwhile, the overall Ethereum ecosystem is witnessing an increase in trading volume, indicating heightened interest and activity among investors. Should ETHERFI manage to break through the $2.50 level and...

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Casper has recently experienced a remarkable rally, soaring by an impressive 335%. However, it has now encountered significant resistance in the range of $0.024 to $0.025. Following this upward movement, the price has retraced and currently faces resistance that is roughly 40% lower than its peak. If the price were to break below the support level of 0.013800, we...

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Polygon has successfully breached the resistance level, showing signs of upward momentum. Currently, it is working to establish a stable position above this key threshold, which will be crucial for its continued growth. Traders and investors closely monitor the price actions to see if they can maintain this upward trajectory and confirm the breakout.

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Hindustan Aeronautics Ltd (HAL), a prominent state-run defense company in India, is currently trading at ₹4040, which has been identified as a significant support level. Recently, the company announced its financial results for the second quarter of the fiscal year 2025 (Q2 FY25), showcasing an impressive performance. For Q2 FY25, HAL reported a consolidated net...

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SWIGGY's stock is trading near a critical support level of ₹430. If this support level is breached, we could anticipate a potential decline of approximately 6%. This could signify a bearish trend, leading to further downward pressure on the stock price. Investors need to monitor this level closely, as a break below ₹430 might prompt selling activity and increase...

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At the moment, WAAREE ENERGIES is experiencing a pullback to the 3000 rs mark. This price point corresponds with the 0.5 Fibonacci retracement level, which often serves as a significant area of support in technical analysis. As a result, this could be a strategic opportunity for investors to consider making their initial investment. For those looking to build...

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Ethereum has recently broken free from its range-bound trading pattern, a significant development that indicates potential upward momentum. The current focus is on sustaining this price movement above the established range, which could signal a shift in market sentiment. If this upward trend continues, the first target for Ethereum's price is projected to be...

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Bitcoin has recently soared to a new all-time high, a surge that many analysts attribute to the unexpected victory of Donald Trump in the presidential election. This political shift has sparked renewed interest and investment in cryptocurrencies, particularly Bitcoin. Currently, the digital currency is in the process of testing a newly established support level,...

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Silver has successfully broken through the resistance level at 32.200, indicating a potential upward trend. The asset has not only surpassed this key level but has also undergone a retest, confirming its strength and stability at this price point. This dual occurrence suggests that the market has tested the new support level and found it to be viable. As a result,...

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At present, gold is experiencing a range-bound market, with the upper resistance level identified at approximately $2,754 and the lower support level around $2,710. This price consolidation indicates a period of indecision among traders, as they assess various economic factors and market dynamics. It is anticipated that a breakout from this range could occur soon,...

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The NIFTY index has been experiencing a consistent downtrend over the past month. Throughout this period, it has encountered rejection from the established trendline approximately five to six times, indicating strong resistance at that level. For NIFTY to initiate a reversal and shift to an upward trend, it is essential for the index to not only break through the...

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Bitcoin has once again surprised traders with another fakeout. Recently, it has resumed following the established trendline after experiencing some volatility. On the 4-hour chart, there was a minor resistance level positioned at the 69000 dollar mark. Remarkably, Bitcoin has managed to break through this resistance. It's important now to monitor whether it can...

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Bitcoin has once again breached its established trendline, raising the question of whether this is a legitimate breakout or just another false movement, akin to previous instances. At this juncture, Bitcoin could take two potential paths. For a significant downward shift to occur, Bitcoin must break through a critical support level of 66000 dollars. If this level...

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Bitcoin has been following a specific trendline for almost two months, a pattern that has seen it bounce back from this line four to five times in the past. As it stands, Bitcoin is currently facing strong resistance at its all-time high, which is around 73400 dollars. Meanwhile, the trendline serves as a crucial support level. Investors and enthusiasts are...

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HERO MOTO CORP has experienced a significant decline of approximately 24% from its all-time high. This downward trend has been marked by a clear trendline that, as of late, has been broken, indicating a potential shift in market momentum. Additionally, a failed breakout was observed at the support level around 4920, which could enhance the likelihood of a rebound...