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Consolidation

APOLLOTYRE CONSOLIDATION BREAKOUT The stock has finally broken out towards the upside after a lengthy period of consolidation, and all signs point towards potential gains. With the momentum firmly on its side and various technical tools indicating a clear path towards higher levels, now is the time to consider jumping on board. Apollotyre has the potential to soar towards price targets of 400/450/500+ and beyond! Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad.
NSE:APOLLOTYRELong
by Jha_Nidhi
NIFTYAUTO Consolidation Nr. Resistance Breakout Potential?🚗 #NIFTYAUTO is currently trading in a consolidation zone, with the price hovering near the upper boundary. This level has proven to be a tough resistance for the price in the past, with the range of 13455--13544 being a major obstacle to overcome. 📈 However, if the price manages to break out of this resistance area and closes above it on the weekly chart, we could potentially see a strong upward momentum in the near future. This is especially significant considering the prolonged period of consolidation that the price has been experiencing. 📉 On the other hand, if the price fails to break through the resistance zone, we may see it retreat back into the consolidation phase once again. 🔍 Traders should keep a close eye on #NIFTYAUTO and monitor its movement around the key resistance level. A successful breakout could present lucrative trading opportunities, while a failure to do so may indicate a continued period of consolidation. Happy trading!
NSE:CNXAUTOLong
by Jha_Nidhi
2
BERGERPAINTS TRENDLINE BREAKOUT!!!!The price following descending trendline resistance from a very long time. Whenever the price reaches near the trendline price taking resistance and slopes down. Now finally price breaks the trendline and closes above the trendline with good breakout candle. The level of 550 is strong support for the price . Candle closes above the breakout level of 575 and holding itself at the higher levels. price showing good momentum for swing reversal . After the breakout possible targets are 615--633 & 650. BERGERPAINTS📊 👉🏻Range + Trendline Breakout 👉🏻Support 572 & 548 👉🏻Add for swing reversal 👉🏻Target possible 615/633/650+
NSE:BERGEPAINTLong
by Jha_Nidhi
INDIGO near the CONSOLIDATION BREAKDOWNThe price trading in tight Consolidation Range of 1800 to 1920 since last 40 days and formed the structure looks like the base formation. If price breaks the level of 1920 and closes and will sustain above the breakout level than we can see target of 1985 Which is a gap space. Gap space can act as strong resistance for the price towards the upside momentum and if price Sustain above the 1990+ level than we can head towards the target of 2055/2100/2150. If price not able to close above the 1920 and price rejection from 1920 will again make it Rangebound. Breakdown below the 1800 will leads to fall Towards the Level of 1750/1700 ✅
NSE:INDIGOLong
by Jha_Nidhi
PG Proctor & Gamble Swing Long or InvestPG had a triple bottom in March and now is again on an uptrend rest march towards the all-time high of $ 165 which is the target here. The volume indicator shows a slowly rising volume compared with March with a spike on April 20th corresponding to a favorable earnings play. The long term moving average shows the reversal of the downtrend into a triple bottom ( long moving average with near zero slope) and then the uptrend. The RSI indicator shows cycling between overbought and oversold and so the entries for buying then selling call options if one is more a trader than an investor. Having had favorable earnings I see this as part of a recession type an investment portfolio with all-time high as the target and looking to hold through the next quarterly earnings if the uptrend has no major correction in the meanwhile. Slow and stead wins the race. I
NYSE:PGLong
by AwesomeAvani
EURUSD Consolidation Amidst Bullish Momentum: Key TakeawaysThe EUR/USD pair experienced consolidation last week despite maintaining its bullish momentum. The 1.10422 supply/resistance level held strong, leaving traders wondering how long this resistance will persist. The uptrend remains intact on daily, 4-hour, and 1-hour timeframes, with price rejecting from the 20-day EMA and MACD above the zero line. However, the 4-hour chart suggests a potential retest of the 1.09098 support level due to weak upward momentum shown by the MACD. The 1-hour timeframe indicates a shift in momentum as the MACD is now below the zero line. This, combined with consolidation on the 4-hour timeframe, implies that price action may move sideways for some time, barring any major news events. Several factors could impact the EUR/USD chart next week, including monetary policy decisions by the ECB, inflation data, market confidence and sentiment, and overall economic growth. Additionally, the GBP/USD pair has been trading within a range, offering traders potential range-bound opportunities by buying near support and selling near resistance. A series of economic events and data releases, such as the ECB's monetary policy decisions, ISM Manufacturing and Services PMI, and U.S. employment figures, could cause price volatility in the coming week. Moreover, many speculators believe that the Fed will halt interest rate hikes after the May 3rd decision, which may influence the EUR/USD pair's movement. In conclusion, traders should keep an eye on key factors, economic events, and data releases that could affect the EUR/USD pair while also considering the current consolidation and potential sideways price action.
by ClintOnos
USOil | New perspective for the week | Follow-up detailOil prices did not advance beyond the surge to the $81.20 level, which came on the back of the announcement that the world’s largest oil producers will collude to cut a further 1.7 million barrels from the daily output. The inability of prices to go any higher could not be unconnected to some of the larger economic worries in the market. Hence, throughout the course of last week's trade, we witnessed price action traded within the $81.20 and $79.50 zone. From a technical standpoint, we have no choice but to remain patient for either a breakout or a breakdown of the channel for trading opportunities in the coming week. Disclaimer: Margin trading in the foreign exchange market (including commodity trading, CFDs, stocks etc.) has a high risk and is not suitable for all investors. The content of this speculation (including all data) is organized and published by me for the sole purpose of education and assistance in making independent investment decisions. All information herein is for your reference only and I take no responsibility. You are hereby advised to carefully consider your investment experience, financial situation, investment objective, risk tolerance level, and consult your independent financial adviser as to the suitability of your situation prior to making any investment. I do not guarantee its accuracy and is not liable for any loss or damage which may result directly or indirectly from such content or the receipt of any instruction or notification therewith. Past performance is not necessarily indicative of future results.
FX:USOILSPOT
by darcsherry
APOLLOTYRE - Bullish Swing ReversalNSE: APOLLOTYRE is closing with a bullish swing reversal candle supported with volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along the horizontal support for the past few days which is indicating demand. One can look for a 8% to 12% gain on deployed capital in this swing trade. The view is to be discarded in the event of the stock breaking previous swing low. #NSEindia #Trading #StockMarketindia #Tradingview #SwingTrade Disclaimer: This is for educational purposes only.
NSE:APOLLOTYRELong
by BrahmaBull31
📣 BTC/USD Quick Update: A Look at the Bigger Picture 📣Hey #Crypto enthusiasts! 👋 Before we dive into other markets, let's have a quick update on BTC/USD. We're now in the 3rd week of consolidation, so it's crucial to take a step back and consider the bigger picture. 🌅 🔍 Looking at the weekly chart, we can identify some key levels that may come into play once price breaks out with momentum and direction. 📈 🔐 Immediate Levels: Resistance: £30,000 - £32,000 Support: £25,300 - £24,800 🔐 Beyond Immediate Levels: Support: Just above £22,000 Resistance: £35,000 Keep these levels in mind as you navigate the crypto market, and adjust your strategy accordingly. 🧭 Stay tuned for more updates and insights into other markets. As always, remember to trade safely! 🛡️ #BTCUSD #BitcoinTrading #BiggerPicture #CryptoMarket #TradingLevels #Consolidation
COINBASE:BTCUSD
by JoelWarby