stay long for next target 300has hit 52 week high on 11th feb
closed above 100 sma
three outside up candle formation on daily chart - bullish reversal
weekly adx above 30 - bullish trend
NEXT TARGET - 300
reference chart with entry level below
100sma
Sun Pharma had taken support at 100SMA, good up move expectedSun Pharma had taken support at 100SMA in daily charts. Usually stocks taking support at 100SMA shows good momentum in upmove. Retracement offers low risk entry levels.
ZEEL - ASCENDING TRIANGLE - BULLISHPlease wait for the following price action before entering :-
1) Wait till the price takes support at the 100 DMA
2) Followed a strong rejection candle like the bullish umbrella
3) a strong close above the 100 DMA
Please wait till all the above mentioned price action is occured before taking up the trade. And keep a strict stoploss as NIFTY50 is weak.
This is not a recommendation. This is for educational purpose only.
Consider all risks possible with stock market.
Thank you
Have a nice day
Happy Trading!!
HDFC RESULTShdfc having Head and Shoulders in daily chart. Support at 200 sma, Resistance at 100 sma.
Havell Weekly Bearish !!!Havells weekly bearish and it may take some rest at 50 sma or 100 sma avoid long... go short for target 675-650
IBULSHSGFIN REJECTION AT 100 SMAIBULS, breakout above as predicted but good rejection at 100 sma wait and watch
GRASIM NEUTRAL VIEWGRASIM DAILY, after 6 months above 100 sma will it touch 200 sma or will it reverse?
HINDUSTAN UNILEVER BEARISHHINDUSTAN UNILEVER DAILY, took support at 100 sma for 2 times finally broke yesterday.
It took support at 200 sma for 2 times now again sitting at 200 sma with big red candle.
Sign for bearishness.
SHRIRAM TRANSPORT 100 SMA BREAKOUT, BULLISH !!!SHRIRAM TRANSPORT DAILY, Above 100 sma ready for long travel. Trendline break upside. Target 1250
UBL DAILY TURTLE WALKUBL, DAILY price may take some rest at 100 sma if it does'nt give support 200 sma may come into play.
HDFC at Hard timesHDFC, DAILY supply & demand zone along with 100,200 sma holding the HDFC from heavy fall.
Will the demand zone and 100,200 sma will be broken down?
or will it rally towards the supply zone?
BALKRISHIND FIGHT AGAINST 50-100 SMA !!!BALKRISHIND good upward breakout from downtrend channel.
No doubt it will break the 50 sma and it will rally to 100 sma but 100 sma is a strong resistance for balkrishind because previously twice 100 sma has rejected the price from going up.
target 915-920; sl 805
