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Alltimehigh

Titan | All Time High | BreakOutNSE:TITAN sets all time high. It forms a good bullish breakout candle with good volume. Also it sustained above the previous ATH level. Aggressive traders can take a position above the current ATH. Conservative traders could wait for the retest. If you look at lower TF, today it breached the level without facing any kind of resistance. After setting New ATH it consolidated for some time. So, If I am right it will retest after giving some more up move. Do your own analysis before entering the trade.
NSE:TITAN
by DayTradersIndia
BSE ready to fly #bsehi friends BSE was consolidating for two months now came out of traingle pattern and then made new parallel channal and also coming out of this channal above it we can see all time level will be tested but for two days it has been able to sustain at that level . we can expect a bigger move once it breaks that chanal and alltime high level , but we can enter at CMP . also RSI is favourable and has much space to go up . I'm not any SEBI registered person , just making my own analysis.
NSE:BSELong
by Jayprakash_nage
Can we see the new ATH in NIFTY?No doubt that market will be highly volatile ahead of Budget Summary 1) As of now you can see that Nifty is trading in one particular (white) channel in which it had given a breakout in past and made an ATH of 18604.45 Channel width is 1,566 points. 2) In the chart there are 3 EMA's 10 is red, 20 is green, 50 is blue. 3) There is also a Red channel which has a width of 430 points which given a breakdown and achieved the target easily in 3 trading sessions. 4) Biggest technical support of Nifty is the channel line in which it is trading and Physcological support, for now, is 17K closing basis. 5) On a daily timeframe nifty is weak. Reason- 10 EMA given a negative divergence and crossed 20 and 50 Ema. On the other side, Bannifty is very strong and has seen very good buying volumes in all banking stocks. 6) Nifty IT is oversold and expecting some recovery in it and Banknifty is so strong that it can also pull nifty up. 7) This view will fail if nifty gives 2 consecutive below the channel. Till that time Nifty is buy on dips and ready to make a new ATH. Note: Please don't create postions according to this view. This is just aview trade on levels.
NSE:NIFTY
by RRShaikh03
10
Fin Cables- A Good Setup in Weak MarketHi All, The benchmark index (NIFTY50) has become somewhat weak now or to put it better we can say that the power of bulls is now being challenged by the bears. In this phase the trader needs to become really cautious and find some really good setups where the R:R should be given highest priority. Above is the weekly chart of one such setup. Finolex cables gave a trend reversal signal and now the stock price is aiming towards its ATH price level. It has given a good clear breakout along with volumes ( also note the volume breakout in May) while the benchmark is falling. This fact makes this setup strong. While currently the R:R is not favorable. I would wait for a pullback towards the green line which should now act as a support and any reversal signs after testing the green line would mark my entry into this scrip with 1st target at the red line. I would request to whomsoever watches this idea, give sometime to this setup, mark your own entry/exit strategies before executing this trade. Remember, a failed plan is far more rewarding than a successful guess. You can comment/message, any feedback/suggestions/applause. Like I always say, let's learn and earn together :)
NSE:FINCABLESLong
by Ankit_Oberoi