Respecting 50DMA Relative strength +ve Base breakout possible
As per the 1 Hour Chart of CADILA HEALTHCARE, we can see a beautiful Formation of "Bullish Harami" on the chart. Therefore, we are expecting a bullish momentum in CADILAHC in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 469, 473.20, and 481.20. Whereas, on the other hand, on the downside levels,...
Relatively strong sector Breakout Possible Above 50DMA and 20 DMA
Good Morning! Just as we had stated about the favourability of witnessing a closing of above 16600. Similarly, we had experienced it yesterday itself that taking a support of 16600, Nifty had beautifully taken a bounce back therefrom, and had made a high of 16936.40 approx. But on the other hand, unfortunately even after spending almost the entire day above the...
Good Morning! Just as we had stated yesterday about the likelihood of Nifty being very open to the support levels of 16700 and 16800. Unfortunately, we had also witnessed that yesterday itself, Nifty had made a low of approx 16410.20. Not just that but on a positive note, the index also managed to show us a beautiful bounce back and finally give us a closing of...
SWING TRADING WATCHLIST FOR THE WEEK BEGINNING 20-12-21 INTENT I will only be sharing the time frame and the scrip name. I will leave the trade basis aside as the intent is to engage the reader in learning the basics of finding good scrips. You can have a look at the charts and place your favorite indicators and check out if any of these fit your trade...
DATA DRIVEN ANALYSIS OF NIFTY & BANK NIFTY FOR THE WEEK ENDING 17-12-21 This is a new weekly post/series where I will briefly capture the key highlights of the 2 leading indices. This post is supported by a video that takes you through the details of how I have arrived at the analysis. I encourage you to view the video as well since not everything can be captured...
Bank Nifty 1 hr time frames levels to watch also helpful for intraday trades or scalping trades
NSE:ASIANPAINT retesting the resistance line good to short
On the 1 Hour Chart of UPL LTD., we can witness a beautiful Formation of "Bullish Engulfing" on the downside levels. Therefore, we are expecting a bullish momentum in the stock in the upcoming trading sessions. Where the stock is being expected to face a resistance initially at around the levels of 741.10, 747.80, and 755.10. Whereas, on the other hand, on the...
Good Morning! We are glad to share the accuracy of 8th Club’s Research on the Market. As just like we had stated yesterday, similarly in the yesterday’s trading session itself, we had witnessed that once again, how after not being able to cross the resistance of 17,360 on the upper side, Nifty had tumbled down to below our stated level of support which was at...
Double Bottom major base. Near 21DMA and 50DMA forming a launching base. Base Breakout possible.
I will go LONG on ISFT because: The price is forming a Round Bottom Upside potential of 300% There is a good volume blast as well Once it crosses 233 the price can give 100% Entry - 203 Target - 300/500/800 Stop loss - 122
Recent days in media stocks blasting up-side frequently. Its more of intuitional buying because every rise on the price equally increasing volume also. This the sector under perform comparing to other sector, expecting to out perform. Zeel is leader of this sector, last year decreasing it's debt gradually. QoQ result improved. Technical & fundamental is favoring...
I will buy CESC because : The price has broken the resistance after 3 years It showed a good move upwards before breaking Resistance. The price is now at support the resistance may act as SUPPORT. Entry : 93 Target : 127 Stop loss : 86
I will buy KNRCON because : It has been taking support at the trend line . It has been consolidating and give big move soon. So will be looking at buying opportunities. If it breaks the support look at shorting Entry : 289 Target : 350 Stop loss : 274
I will buy GREENPLY because : The price has broken the resistance It showed a good move upwards before breaking Resistance. The price is now at support the resistance may act as SUPPORT. Entry : 229/240 Target : 300 Stop loss : 213
DATA DRIVEN ANALYSIS OF NIFTY & BANK NIFTY FOR THE WEEK ENDING 10-12-21 This is a new weekly post/series where I will briefly capture the key highlights of the 2 leading indices. This post is supported by a video that takes you through the details of how I have arrived at the analysis. One of the reasons for starting this series is that there are many...