rohitbansal1212

rohitbansal1212

Axis bank was in a range and has given its breakout with a very bullish candle and gave no chance to trade at that time but now the price seems to have RETESTED breakout level and started moving taking support from that breakout area. Entry can be made at the current market Price of 867 Stop Loss would be at the last Swing i.e. 823 Reward - it shows a target of...

rohitbansal1212

This is simple Monthly Chart of COLGATE PALMOLIVE (COLPAL) and it is respecting the trendline and the resistance line, thus in a UPTREND CHANNEL since 2009. Long term trend always prevails in the market, Even if someone is stuck in a stock at wrong time but if its longer trend is in uptrend there are high chances that it will recover some day. High time frame...

rohitbansal1212

HDFCLIFE is in a Range since it has been listed in the market and is continuously making higher highs and Higher Lows in a weekly time frame which suggests that it is in a UPTREND and therefore can be bought at the last support level for a potential next upswing. It has come back to its support and further trading at the trendline where potentially it can take...

rohitbansal1212

Here is a Government Company. now started moving after making a base in a weekly time frame. Its been in the range Since 2017 and has also passed the Covid Crash and even then respected the same levels. It started its rally back then in 2014 and continued till 2019 and since then it is consolidating at the same level. It has started moving after taking its...

rohitbansal1212

Another Simple Technical Analysis which shows that market is easy and money can be made by doing simple things also. This Time there is a very simple TRENDLINE drawn in weekly time frame which had worked multiple times and again which has given another opportunity and made a Pin Bar candle at the support of the Trendline. It seems true that more than 80% is the...

rohitbansal1212

Another very simple technical analysis which works wonders in the markets. We have heard of BREAKOUTS. It could be upside or downside. It could be a breakout of any zone, consolidation, range, trendline, any indicator or anything. The Important thing is that a breakout BREAKS OFF an Important Level in the market. There can be many indications when there can be a...

rohitbansal1212

The price Chart clearly says a lot itself. The price action is something that always works. This is a classical example of how a VERY simple analysis is enough in the market to become profitable. This time again it has given an opportunity and made a BULLISH PIN BAR at the support of this range which shows price is reacting to this level and that there is DEMAND...