Folks, Long Bounty spotted in NSE:EMAMILTD
We have a classical pattern and a retest of the breakout to the demand zone in Emami Ltd. Even on a relative basis to the NIFTY FMCG this scrip is peroforming well and hence we can long in this scrip.
Restrict the entry to lower time frames like Hourly and 15m because there is a possibility price can penetrate deeper as...
All details in chart.
Nifty has taken support yesterday at critical demand zone from Intraday POV and held it for now. If it can take out the supply at the top we will see another move up to another ATH.
All the best to Y'all!
A Bounty has been spotted in PVR and Price may retrace the breakout zone for collecting more orders which were pending during the breakout. The Demand zone is a wider than most other zones I mark on my charts, this is because PA shows a lot of unfilled orders and hence price IF retraces to the zone may penetrate deeper and so it is absolutely imperative that entry...
Bounty Spotted in AARTIIND Long trade and Price Acton shows a Retest of the Breakout zone. Price has been consolidating over a period of time and has overcome the supply and thus is testing the demand zone for taking in more orders before it heads North.
All details of entry and targets on the chart.
All the best Y'all!
Over the last 12 days we have received over 550+points as bounty in Nifty Longs. We are near our last target and I am expecting another 50-100 more points but now the breadth seems awfully overburdened and hence we can expect some minor or routine correction. I am expecting a sector rotation to happen now as we cuould see many pharma stocks breaking out of...
This is a follow up to the trade idea on NSE:GRANULES posted on Nov25. Kindly see the link.
PA suggests an opportunity for long at marked zone for targets mentioned in the chart as per the original idea. Kindly take trades in lower time frames as it will reduce your risk .
All the best.