Analysing the MCX chart for some intraday entries.
2345 Is Going to be the Zone. If Respected Then 2230 Zone or 2265 Zone could be tested in Coming Weeks.. If Broken Then 2395 Zone could be tested in Coming Weeks.. 3 Possible Scenarios Planned Out.. A - Green B - Yellow C - Red In terms of Probability B>C>A This Looks More Likely. Share Your Thoughts in Comments section.
After brekaout of Godrej Properties and good sales number from Birla Estates, NSE:OBEROIRLTY is forming multiple inside bar and preparing for C&H breakout.
NSE:BAJAJ_AUTO below the trendline support. A double top breakdown if goes below today's low. Seems like a good candidate for short trade but only after a close below today's low.
$CROMP up and going with a 5%+ move. A beautiful double bottom breakout for this consumer goods manufacturer.
Hello there👋 See the nifty 50 chart.. Have marked these levels since March.. & index followed them.. Ideally for technical analysis on chart you must know the reversals & brekouts.. And that occurred because of accurate levels.. No buy or sell recommendations..
If you missed the bus in NSE:FSL during the previous breakout, time to catch it again. Primary targets were achieved in last move, over 10% gains. Stock is back at the support levels and this time we may see the awaited WEEKLY breakout now which failed in last attempt.
What does CNX stand for? Let us decipher the term CNX Nifty 50. The C in CNX stands for Credit Rating Information Services of India (CRISIL) and NX stands for the National Stock Exchange. These two agencies have come together to form a joint venture for managing the NSE index.26 How To Become a Professional Trader : Learn the trading basics. ... Learn the...
Multiple inside bars and C&H pattern indicating a positive move for the stock. Results are due on 17th May for Q4. A significant part of company's revenue comes from overseas operations and subsidiaries. Let' see if it breaks out before results as we are almost a week away.
What are the prospects for Bajaj Auto company shares for 5 years? Investment/Disinvestment Rationale Bajaj Auto Limited is an India-based manufacturer of motorcycles, three-wheelers and parts. The Company's business segments include Automotive, Investments and Others. The Company's vehicles include two-wheelers and commercial vehicles. Its two-wheelers include...
Jubilant Foodworks has fallen from 586 and is now forming base. Company is diversifying, stock moved by more than 5% as it acquired stake in O2 Renewable. Trendline broken, double bottom breakout awaited.
Its bullish but not for long term prize can retrace and break avgs of minor wave 2 of 5 avgs should hold the prize for this view
RBI has revoked the ban on this bank's application. NSE:BANKBARODA near its trendline support has received the good news from RBI for on-boarding new customers through BOB World app after a fraud was reported. Looking for the stock to breakout for new ALL TIME HIGHs.
As we can see NIFTY despite its weakness managed to close itself in green and inside the trendline as expected and analysed in our previous analysis. Now we can start making new long positions keeping SL at the lows of previous candle for a minimum of 1:3 positional basis. Plan your trades accordingly.
Buy Excel Industries Cmp - 833 SL - 778 ( Day Closing Basis ) Target - 950/1100
Buy AEGISCHEM At Cmp 494 SL - 411 ( Weekly Closing Basis ) Target - 700
Nifty Till Now | Key Levels Nifty Support level below 21660 is 19966.56 TP3 - 23137 TP4 - 23496 TP5 - 23855 Above TP5 - 25918.30
Best Place For Investment In Bharat Forge Cmp - 770 SL - 675 ( Monthly Closing Basis ) Target - 1400