Price is lower end of channel.. can it create a buy thrust...
Price is testing the resistance again and again...
Education purpose - Price action analysis PS is approaching an important resistance zone of 4700, if it crosses the same on a weekly or monthly basis then the next target is 5000. SL 4330 It is the strongest stock in IT Pack.
Education price action strategy - Ashok Leyland Stock is above Weekly EMA 20 and closing on a weekly high The stock closed at its highest point since Oct 22. Entry trigger above 156, target 169, SL 149/- SL on a closing basis..
Price action analysis - Education purpose only HDFCLife If a stock crosses a monthly resistance area then a quick spurt can come. Levels are to be checked on a closing basis only Entry above 620 Target 680 SL 580
Price action analysis of Adani Group Quarterly 20 EMA Supports.... Generally, stocks of good quality should take support at QEMA, all F&O stocks have tested QEMA 20 and bounced back (except Adani port) but this candle is not yet closed. Have mentioned support for all the cash group stocks also. Adani Green - QEMA - 820 Adani Transmission - QEMA - 1284 Adani...
ACC If a stock takes support on quarterly EMA 20 and monthly support area then it can bounce back to the nearest resistance area. Levels are to be checked on a closing basis only Entry above 1900 Target 2200 SL 1800
Price action analysis - Education purpose only Adani Ent If a stock takes support around the monthly resistance area then a quick spurt can come. Levels are to be checked on a Monthly closing basis only Entry above 2425 Target 3100 SL 2140
Price action analysis - Education purpose only ICICI If a stock takes support to an earlier resistance monthly area then it can bounce back to the nearest resistance area. Levels are to be checked on a closing basis only Entry above 830 Target 900 SL 776
TechM is trading in a tight range since last 9 months, if it crosses its Quarterly EMA 20 i.e. 1120 then it can go to next reistance area i.e. 1360. SL 985
It has given BO over the trendline DMI+ Strong RSI Strong can go upto next resistance i.e. 224
Levels are market at chart... BO of Trendline... Wait for Retest then it should blast... Lets see our hypothesis work or not..
Monthly 20 EMA is 621 Price is around Monthly EMA There was monthly divergence in RSI in last few months which triggered sale off, now that phase is over.. RSI Now ~ 50 Now it should take support here and if price closes above monthly EMA then it can give a pull back
Price is having resistance around 154 DMI+ in a strong zone RSI in a strong zone 3rd time if this month candle closes above 154 it can touch ATH... lets see our price analysis is correct or not...
Price has taken support of Weekly 20 i.e. 571 Closed below recent resistance of 600.85 i.e. 596 As price closed above 601 next week then price can go upto 700/- lets see our hypothesis give some new learning or not... Adx and RSI also confirming the view...
On Monthly candle after BO, re-test happen at 533 but there was a trendline resistance which has also crossed now, if price closed above that trendline BO price then price can touch ATH.. wait for monthly close to check the analysis.
Stocks may give a rejection after a BO then it is more sustainable BO.. In this chart there is BO on daily chart and there is a rejection candle. Stock can go to the next resistance level
Stocks may give a rejection after a BO then it is more sustainable BO.. In this chart there is BO on daily chart and there is a rejection candle on 75 Min TF.. Stock can go to the next resistance level