Time to buy tata motors, you can keep a very close watch on the stock, it's close to 200 days moving average which is very powerful, prices tend to bounce from 200 days moving average.
we can very easily capture 26% upside move in the stock,
Entry Price - 270
Stop LOss - 251
TARGET - 342
SBICARD is exhibiting reversal at multiple supports:
1. Trendline support from previous lows
2. 1.618 Fibonacci support
3. 200DMA support
Further, RSI also touched 30 level and reversed.
We are bullish on this stock, expecting the price to reverse to ATH of 1139.
A lot of things going on with NSE:APLLTD .
Trendline break is evident, but we can also see the stock holding well above the 50 and 200 DMAs. The volume looks very healthy, too. To add, RSI has just crossed above 60. The ~1032 level has proven to be a stiff resistance up till now.
I'm already holding this stock, so no fresh position for me, but it's...
buy level- 1030 to 1060
target- 1100- 1140-1175 & all time high 1348
time 2-3 months
return more than 25%
KAUTILYA can recover Your losses with Quantitative analysis and grow the CAPITAL
NOTE – EDUCATIONAL PURPOSE
(Consult your financial advisor before any decision)
Possible break in the trend line as shown in the Chart
Its been beautifully respecting the trend for months. It tried to break the 200 ma couple of times. Now there is a Long Green candle trying to break 200 ma and near the trendline. Watch out for a breakout in the coming days
Disclaimer: Education purpose only. Not a stock recommendation
If TATAMOTORS break above 200 MA and sustains well with good volume look for long setup because we can expect the price diff of same range (Plotted on Chart). Fibonacci 50% will be first target & 61.8% second target. Trade safe.
Banknifty has formed double bottom pattern on 15 min chart. If we look closely it is approaching towards its resistance level. Tomorrow we have news on INTEREST WAIVER. So we would suggest to wait until the decision. If the decision favors for market one should go fir long positions ne cause there’s a chance bank nifty might break 200 ma and change its trend.
1. Stock is trading in old range from 2013.
2. Buy on dip on trendline provided or if further brokedown than enter on 200 moving average provided.
3. Stock is trading in range so better book profit immediately on its most recent resistance seen. There is 100 of other stocks to look for opportunity. Never be emotionally invested and stuck in a...
levels clearly mentioned in the chart
nifty opened gap uply & nifty was consolidated yesterday.
today can see a breakout or breakdown
there is chance for gap filling but note that after the gap filling can see a sudden recovery in nifty.
so short sellers beaware..
any way i am bullish on nifty for the day.
and I expecting sell side only below 14990
levels mentioned in the chart...
MARKET TO DAY
India's stock markets surged yesterday in extended session after trading was halted for about four hours on NSE due to a technical glitch.
Banking stocks led the gains with Nifty Bank index surging nearly 4%. HDFC Bank and Axis Bank surged over 5%.
nifty levels mentioned in the chart
SGX Nifty was up in the green but A long bear candle was formed, after the formation of small negative candles in the last four sessions, which indicate that the downside momentum has started to gather strength. This could mean chances of more weakness for the Nifty in the coming sessions. The next crucial support is placed at...