GUJARAT GAS Positional Trade BreakoutNSE:GUJGASLTD Levels are Mentioned in the chart...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
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Alltimehigh
FSL - Potential Swing trading Setup 🔰 MY thought process :
⭐Everything explained in charts itself for this one :) with logic
🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :)
Also keeping an eye on JSW steel too seems bullish to me :), All the analysis already posted on my page :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
Nifty InstaView 31 May’21: And so the Bulls keep marching …
Nifty View: The underlying positive momentum continues as the benchmark Nifty index gained a little over 100 points in today’s session. Two upside targets were mentioned in our last write-up - 15,575 and then 16,455. The index has tested the first target in today’s session quite comfortably without any slippage from its intra-day highs. The underlying trend is UP and high on momentum and so one should maintain an overall bullish stance on the market and not go out looking for a prospective high. Strategically we should continue a bullish bias with immediate supports at (15,200-15,300).
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.
Bajaj Finance- All time high Positional Trade (June series)Bajaj Finance is near to its All time high .
Traders can take short position once the Triangle pattern got broken for Targets of minimum 400 points.
We can execute Long if the price manages to close above the All time hig h in 2 hrs candle.
Use RSI trendline breakout for double confirmation of your trend.
Kindly share your valuable thoughts..
Disclaimer: This view is for educational purposes only. Please consult your advisor before taking any trade.
SBIN - Perfect 50dema Support Structure 🔰 MY thought process :
⭐After a good breakout and reversal on the D chart now this beauty is on ATMs
⭐I see good Trendline support on 30mins and a possible good setup on 15mins :)
⭐A very decent trading setup would be activated when it breaks this small trendline on 15 min TF :)
⭐Trade type: swing
⭐Pattern: Ascending triangle on small TF with a bullish structure
⭐Buying on the breakout and selling on 1st fibo extension or 1 to 2 pivot points can be taken :)
⭐Risk will be minimal, SL below your entry candle, reward: Pivot points or the marked level
⭐When not to trade this pattern: if it gives a close below the 30 min supportive trendline or breaks the 50dema support on 15min don't trade leave the setup and trade :)
🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :)
Also keeping an eye on JSW steel too seems bullish to me :), All the analysis already posted :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
Nifty InstaView 27 May’21: Show of Strength
Nifty View: Benchmark index Nifty manages to show fine resilience as it managed to close well above the psychological 15K to mark the close of the derivatives expiry today. The index is close to its life high and considering the nature of the underlying momentum a possibility of a new life high is very high now. For the next two trading sessions, both Banks and Metals will be important sectors that can help the index sustain at the current levels. IT played a brilliant role just when it was needed and moving ahead it's the Metals (which has been correcting off late) that should post a bounce back. All eyes on SAIL, TATASTEEL, JSW and JINDAL. Immediate support for the index to watch for is at 15,250.
Thank you for following my work and please feel free to share your thoughts and suggestions.
Trade Well. Trade Wise.
SBIN Consolidating for a likely strong upmove24-May-21
NSE:SBIN
SBIN has made a new ATH and is consolidating for a likely strong upmove.
Coming few weeks it may consolidate between 371 to 416 range.
If in coming 4-6 weeks manages to sustain above 371 - 415 range, then most likely targets are 458, 523, 580
Fair possibility of 650 exists if the trend remains intact.
Pro's
Currently seems to be leading the banking pack.
looks like a good candidate for a strong move ahead.
Cons:
Below 320-294 range, the upmove may take longer and not sustain.
Large Cap, may likely take more time for its moves.
Move has possibility of getting disrupted due to RBI / Govt policies
HDFCBank : BULL run for ATH ? HDFCBank
> Hourly Chart
> Descending channel BO
> CMP 1497.30
> Support 1425
> May go 1565, 1628, 1702,1900+
Dtd : 22nd May TheCharts
Like, Share, Comment for regular updates.
Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Nifty - Target 15300 I was Bullish in Nifty from Past week, It shows a great buying pressure at every dip
Nifty has a Extreme Support at 14200 with Minor Resistance 15000., I can see a pure weakness in 15000 Resistance which can break in upcoming days
Nifty has high possibility that it may test Previous high in this may series., Nifty ALL TIME HIGH was 15431
Also I can see a unclear Inv H&S Pattern which shows a Target near 15300 🥰
TORRENT POWER - Can make new ATH soonStock had broken the Monthly break out zone (365-375 levels) and made new ATH in March (Monthly BO chart I have mentioned in comments section - helpful if want to have a short-mid term opinion on the stock)
After that it has re-tested the BO zone and rising again.
If stock breaks Trendline in coming days then it will test ATH again and can make a new high(435-440 levels) There are 2 possible scenarios for the same as I have mentioned in the chart
P.S. To get an idea about possibility of scenario 1 and 2 watch for volume build up in coming days.
14. Buy HSIL - Bullish Weekly stockCan buy this stock with a Stop Loss of 140 on Weekly Closing Basis
TINPLATE CAN GO ALL TIME HIGH ?Daily Time frame Chart
Breakout with high Volume
And Formation of Bullish Zig Ziz Pattern
Can go Near for All time high
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
Divis Laboratories - Very Important Zone (SWING TRADE)Stock has made all time high but has been rejected multiple times from the same zone, might come for selling tomorrow
However looks good for swing
Buy only if hourly candle closes above 3925 !!
P.S. Sell below 3850 only for targets of 3800 and 3780 (Intraday)
TATA METALIKS Breakout TradeNSE:TATAMETALI Levels are Mentioned in the chart... Look for Swing...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..