August
HINDUNILVR - A PERFECT PATTERN TO TRADE ONTHE DESCENDING TRIANGLE WITH NR7 IS A NICE MIX TO TRADE ON. SO KEEP AN EYE ON THE HINDUNILVR FOR THE COMING DAYS.
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Thank you
Have a Nice day!!
INDUSINDBK - GOT A TRIANGLE INSIDE A TRIANGLETRIANGLE PATTERNS ARE VERY MUCH RESPECTED BY THE MARKET. SO YOU CAN EXPECT A SHORT TERM BREAKOUT AND ALSO A LONG TERM BREAKOUT AS YOU CAN FIND TWO TRIANGLES FORMING THE CHARTS. WATCH OUT FOR THE MOVE........
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation, it is only for educational purpose.
Trade at your own risk.
Thank you
Have a Nice day!!
AMARAJABAT - SYMMETRICAL TRIANGLEThis chart shows the consolidation of AMARAJABAT since the start of this month (august). So we expect either an up or downward move one it breaks the pattern.
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 retracement (if it happens)
Beware : Please keep in mind and stay away from False Breakout Traps.
Also this is not any recommendation. Trade at your own risk.
NIFTY - ONE MORE INDICATION TO PROVE MARKET IS BULLISHA RESISTANCE IS PLACED FOR NIFTY AND IT IS SAID TO BREAK WITHIN THIS WEEK. NIFTY HAD A BULL RUN LAST 2 MONTHS DUE TO RELIANCE ALONE. NOW THE TIME HAS COME FOR OTHER STOCKS FOR FLY. KEEP AN EYE ON NIFTY AS WELL AS BANKING STOCKS BECAUSE THAT IS GOING TO BE IN A BULL RUN FOR THE REST OF THE MONTH.
BANK STOCKS SHOULD BE IN WATCH BECAUSE BANKNIFTY IS UNDERPERFORMING FOR A WHILE NOW
THEN IS OUR BULLS - DEFENCE STOCKS - THE VERY AMAZING NEWS IS GOING TO BE THE NEXT ROCKETS
PAINT COMPANIES (ASIAN, BERGER) ALSO IS IN THE RETRACEMENT AFTER WHICH WE CAN SEE A BULL RUN IN THAT TOO
PHARMA IS NOT GOING TO BE BULLISH ENOUGH FROM NOW ON.
ZEEL SHOULD ALSO BE IN WATCH AS THEY WERE ARE NOW IN A OVERSOLD ZONE
OTHER STOCKS INCLUDE HEVELLS, INFRATEL, AMBUJACEM
KEEP IN MIND RELIANCE IS NOT GOING TO PERFORM WELL AND CAN GIVE SHORTING OPPURTINITIES ATLEAST THIS WEEK
Beware : Please keep in mind to stay away from pharma and reliance
Also this is not any recommendation, This is only for educational purpose.
Trade at your own risk.
comment down your expection of the market in the coming days and please like if you agree with my statements