Indusind formed triangle downwards, RSI pointing down from 60, MACD bearish, There would be good movement downwards up to 570, but we can wait for open=today's low/crossing today's low for entry.
LT if closes above 50 SMA , it is a perfect buy, it could reach 1000,RSI and macd are neutral, but it should cross the pivot at 957, for further movement, if it closes above 50 SMA and opens above 957 on monday this is a perfect buy.
SRF(H):- SRF follow upward channel best buy level 4080 for target 4400++ sl 4000 , RSI move up wait for breakout. #Disclaimer:-I just shared view for only educational purpose.
If indigo broke 28th Aug high i.e 1207-08 there is a good chance it move up to 1230 and further. Wait and Watch stratergy
Banknifty is likely to remain calm today. However, the break of yesterday's high and low may change the trend. So, better watch those key levels and trade accordingly.
BankNifty may likely to give breakouts in either way. If Red upward trend line breach, then you may witness a downside. In case the green resistance levels break, where multiple resistance is there, then Banknifty may rally.
Banknifty looks bearish and if it opens gap down then wait for a pullback to enter. Lower timeframe 1M or 3M will give you a much more clear direction.
This chart shows the consolidation face of AJANTA PHARMA after a power move. So we expect another power move if it brakes the current resistance level. Wait for the breakout. Confirm it is clear breakout with volume. Buy with the help of technical indicators like macd, moving average, pivot points etc Or you could wait for a retracement and buy at...
Short EXIDEIND AUG FUT Target 150.5 SL 155.5
LT is back in its value area after a downward dip breaking the trend line. Please See linked ideas for details. Key levels are marked on chart for the upward movement and positional trades. The stock saw short covering when it touched 900 leading to an immediate rebound. The OI Status as on Friday is over 20 Lakh open interests for 950 (5Lakh) to 1000 levels...
FDC manufactures allopathic pharmaceutical preparations. The company operates in manufacturing and marketing of oral re hydration salts (ORS) and ophthalmics. The company has also set-up globally approved, multi-location manufacturing facilities for active pharmaceuticals ingredients (APIs) as well as finished dosage forms. The stock broke out of a consolidation...
ZEEL - If it crosses the triangle trendline, probably 180+, then there is a good chance of it to touch 200, Small Traders can take at ZEEL 200CE
techm short 542 to 498 is a good ride so keep trails your profit and enjoy ride....
CMP 514.30 CHART IS CREATE BULL FLAG PATTERN AS PER THIS PATTERN BREAKOUT IS ABOVE 515 AFTER BREAKOUT KEEP STOP-LOSS OF 479-470 TARGET SEEN 553, 560+++++
There is lot of twists herein: By the looking left to right , while breaking out the price Congestion we have seen Invalid breakout in price. That why price suddenly fall. Bullish forget of 3 candles was completely perfec t but, again we have seen valid heavy volume candle ...! Something is cooking in this stock. Let look more closer to the 4hrs...
Tails are important for this stock to trade. Suppose to trade tomorrow 285 above, then buy and hold ( Friday ) ================================================================ Tatasteel TimeCycle and Parallel downward channel. The price is trading at value low which is better to buy. ================================================================ tail...
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