Indigo @ Major Resistance Level Fresh Long Position Zone: Sustain above 1530-1540 For the target of the next resistance zone: 1570-1580 Major Resistance Zone: 1530-1540 Major Resistance Zone: 1570-1580 tgram at jtradingview
There was double bottom formation and it gave wonderful return after that. According to trendline too there was breakout. Now it is at life time high. Any correction would give buying opportunity
TCS: Soon it may test it's major resistance zone Strong Support Zone: 2105-2112 Resistance Zone: 2150-2170 Time to create long position: If price will come to 2110-2120 zone and it will able to sustain this zone. Stock may give bounce to 2150-2170 again. This will be the besttime to sell 2100 Nov Put Option. tgram at jtradingview
HDFC AMC making higher high & higher low, it is in uptrend since long time. Expecting it to move further. I would like it to buy at next correction which would next higher low :), will wait for that. Current levels also good to buy if you want to hold it for longer time period.
There has been single side move on weekly timeframe since Apr 2019. Now expecting correct to happen at least till 38% (530) or 50% (494) Fibonacci levels, that would be good buying opportunity. But not sure it would come to that level or not. On weekly chart it is closed below 50 EMA
There could be break in Ultratech Cement if it cross above the trand line Next Target could be 4425
There could further positive move if it crosses above the 200 EMA Volumn is also good on last day
For learning purpose if you look at the weekly chart - there was consolidation and then it gave breakout on upside. It closed above the 50 EMA from the consolidation range and then rally continued further. It was good opportunity for buy There was rejection from 50 EMA on weekly chart (see very long wick), next or next to next green candle was also good...
IF DAILY CHARTS SUPPORTS WITH HOLDING 9200 WE CAN SEE THESE LEVELS
Everything in chart Educational only For my personal observation.
Bank Nifty still has room on upside. Triangle formation on hourly chart, IF HDFC Bank starts moving tomorrow Bank Nifty is a buy. KOTAK / ICICI Bank are in downtrend. SBIN And Axis have just broken out of range. Most importantly HDFC Bank has to come out of the range to perform and uplift Bank Nifty.
Triangle Formation on Nifty. Any pullback to 11800 levels should be bought. NIFTY IT is pulling up should support nifty with this push. Bank nifty should support in this endeavor as well. With whole market breadth so positive it is the best time to create a long. Levels mentioned in the chart.
Hind Petro has formed cup and handle formation. Please note every cup and handle formation may not be bullish. Stock has huge resistance at 340 levels. OI analysis suggests the same as well. In stock manages to close over 340 levels with good volume a buy can be initiated. Or else stock is a sell at 340 levels as well. Same pattern is devloping in IOC as well,...
Infosys after that dramatic fall is still reeling under pressure. On hourly time frame it has formed triangle which depicts uncertainty. Body of candles formed is very small which indicates no buying interest. Need to wait till the trade comes to us. For this expiry 650 would be the key resistance to watch out for. Om the put side highest OI is at 600 Om the...
Muthoothfin-Buy Current Market Price: Rs.645.40 Stop Loss: Rs.633.80 Target: Rs.683.75 Risk Reward:1:3.25 On daily chart there is strong support and weak pullback This Chart & write up is for education Purpose only.
CASTROLIND-BUY Current Market Price: Rs.132.00 Stop Loss: Rs.128.80 Target: Rs.144.40. Risk Reward: 1:3.875 On daily chart there is strong support and pullbacks are weak.
NSE:MAXINDIA old support is now Resistance stand positive in negative market but with less vol. may fall from 65 66 if close above 65 then we may see 72+ or one can short near 65 for 60