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...
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
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
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...
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...
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:...
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
Trade Plan EP(CMP): 0.51784 SL: 0.52182 TP: 0.51386
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
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
Reasons for bullish bias: - Price bounced from ascending channel support - Price respecting long-term upward trendline - Strong weekly closing at support - RSI is synched Here are the recommended trading levels: Buy 1(CMP): 54.55 Buy 2: 43 Stop Loss Level: 36 Take Profit Level 1: 69 Take Profit Level 2: Open
Reasons for bullish bias: - Falling wedge pattern - Price respecting long term trendline - Price is at the weekly support zone - Bullish divergence Here are the recommended trading levels: Entry Level(Buy Stop): 66.85 Stop Loss Level: 59.08 Take Profit Level 1: 74.62 Take Profit Level 2: Open Taking aggressive entry at CMP, but safe entry will be above 66. Also,...
Reasons for bullish bias: - Simple DOW theory(Entry at HL) - Price is at the support zone - RSI is synched - Overall a bullish trend Here are the recommended trading levels: Entry Level(CMP): 104.12 Stop Loss Level: 74.33 Take Profit Level 1: 133.91 Take Profit Level 2: Open
Reasons for bullish bias: - Price gave ascending triangle breakout - Price bounce from strong weekly support level - Price synched with RSI - An excellent increase in its operating and net profit in comparison to last year Here are the recommended trading levels: Buy 1(CMP): 135 Buy 2: 117 Stop Loss Level: 105.00 Take Profit Level 1: 153 Take Profit Level 2:...
Reasons for bullish bias: - Price is at horizontal support plus trendline - Positive earnings - Strong bullish candle closing Here are the recommended trading levels: Entry Level(CMP): 1509.80 Stop Loss Level: 1298.24 Take Profit Level 1: 1509.80 Take Profit Level 2: Open Note: It is a slightly risky trade, if the price forms some more bullish candles it might...
Reasons for bullish bias: - DOW theory, Entry at HL - Price is at a strong support zone - 0.5 Fib level - RSI is synched(No divergence) Here are the recommended trading levels: Entry Level(CMP): 207.92 Stop Loss Level: 165.35 Take Profit Level 1: 250.49 Take Profit Level 2: 293.06 Take Profit Level 3: Open
Recommended trading levels: Entry Level(Buy Limit): 19585.1 Stop Loss Level: 19216.4 Take Profit Level 1: 19953.8 Take Profit Level 2: 20322.5 Reasons for bullish bias: - DOW theory, entry at HL - Price testing trendline - Entry at Fib 0.618 level - RSI is synched, no divergence
Recommended trading levels: Entry Level(Buy Limit): 1.08441 Stop Loss Level: 1.07469 Take Profit Level 1: 1.09413 Take Profit Level 2: 1.10385 Take Profit Level 3: You can ride, by trailing SL to new HLs. Reasons for bullish bias: - Bullish harmonic XABCD pattern - Price broke strong resistance and took its support - Entry at Fib 0.5 level - DOW theory, price...