The range is drawn with the help of trendlines.
It is highlighted with red and green color, red being the resistance range and green being the support.
Relative strength is gaining but there is one catch,
This indicator works on the relative price of the past few days whichever is set as per the preference. If you see the past few months BTC is in the...
FSL
Time frame - Daily
Study -
Accumulation phase breakout, high volume
IT Sector reversal seen, so along with that FSL may run.
This chart is only for education purpose
I have been tracking this stock for last few weeks , as you can see price is coming toward its Demand zone,
so keep this stock in your watchlist to Trade for Reversal
We will wait for price to make some bullish reversal pattern ,so that we can take entry with confirmation
Also, we can accumulate this share for long term , as it is trading almost 25% down from...
The analysis is done on daily TF hence price may take few days to few weeks in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets...
Kotak Bank looks like in accumulation zone.
For Investor Mindset - an SIP in Kotak Bank within the channel will give good and safe gains.
For Trader Mindset - Wait for a bounce back from RSI in 35-40 range, will give a good swing trade going ahead.
* Note - Material only for informational purposes, do your own due diligence before taking positions.
Currently in accumulation zone. Once breaks out of the upper zone, this will move up sharply. Not much liquidity, as government and LIC already holds 95% of holding. Impending stake sale is the key trigger. Stake sale price will determine the movement. Fundamentally too, currently the share price looks undervalued and not demanding.
Accumulate 30% LAGNAM At CMP
40% LAGNAM At 60
40% LAGNAM At 45
TARGET 80/90/110 SL 40
Time Frame 2- 3 Months
Incorporated in 2010, Lagnam Spintex Ltd is engaged in the business of manufacturing Ring & Open end Cotton yarns for domestic and international market. It exports to countries like Portugal, China,...
Accumulation phase has started. Institutional investors have started to buy the dip.
Professional selling range:1708-1920
Buying range: 1590-1640
Hold Period 3-6 months.
Target: 1866(Fibonacci Retracement)
Rational: Accumulation/Distribution Technique, Price below 50 Day Exponential Moving Average
NSE:INFY
Start Accumulating SAIL At CMP
PE Ratio Cooled Off to 2.4
Weak Hands Washed Out On Strong Selling Volume
China To Ease Covid Lockdown Restrictions Which Will Give Boost To Steel Sector
Education Purpose
COLPAL seems ready to move high from here. After consolidating for almost 6 months, stock has broken upper range of Rs.1480 and retested the same. This set-up looks promising. Swing traders can keep this on radar.
Makkale we got another scrip from textilte sector and it's in hosiery business. Yes, we've to choose different sectors for long term purpose which is ''Diversifiy" our portfolio. I beleive that when the population increases and the hosiery business tend to emerge.
The scrip is none other than '' LUX INDUSTRIES'' wait for the marked levels and start accumulating...
$TOMOBTC looking for the doge kind of accumulation brreakout within the end of the year once break the resistance lines which is there for years then its gonna moon shot some serious fireworks expected if btc doesnt spoils the party .Remember the more time price action tests the support / resistance the less strong it becomes and more likely it breaks...
