ICICIGI had big volume candle on 3rd Jan, if price starts trading below the 3rd Jan candle then we might see stop loss getting hit. Also volume profile showing 1241.70 is the maximum traded price for the 1 month consolidation zone. below this level we can see 1227, 1215 and 1187 levels.
Please note this is my view and is just for educational purpose. I am not SEBI...
TataChem looking good for short, ABCD pattern formed also it has taken rejection from AVWAP(Pink color line) on Daily Time frame. Also Fib Retracement level of 50% at reversal. 3 confirmations.
Inverted Head n Shoulder pattern has been formed in Interglobe Aviation on daily time frame and has given breakout of neckline. Please note, this is just my view and for educational purpose. Kindly consult your financial advisor before taking trade.
apollo Hospital has given a breakout above the 4500 price level. Also, there Is a trendline below the trend, which is indicating the upside power in this move.
Also Apollo hospital stock has given a pullback after breaking the 4640 Price level.
Anyone who want to swing dead in this talk can go. Can go long above 4800. With the stop plus near 4650.
ADANIENT expecting a down trend
ADANIENT breaked resitance and coming for retest
and have a trend line also so expecting a 3rd touch on trend line if trend line breakes we can see more fall
first we need to wait for break the support first
Service Offerings
The company offers a wide range of services primarily categorized under information technology (IT) solutions, business process management (BPM), Big Data & Analytics & engineering services.
Intelligent Automation Platform
The company have developed its own intelligent automation platform that combines the capabilities of its various IP products...
Curently Stock is at MonthlyDemand Zone. Trade is active, buy in part 1401 / 1350 / 1221.
for the target of 1659 / 1792 . strong close weekly close above 1792, Stock will move towards 1964 / 2161.
Stop loss will be weekly close below 1200.
Note: only risky traders can re-accumulate at 1062 / 1000 - For Long term Investors.
Took support at 1 year back broken resistance
broke trendline
+ve rsi divergence
Entry at above resistance zone break and restet
or
on retracement around 708-710
DISCLAIMER: For education purpose only, do your own analysis or consult your advisor before taking position.
Add "New India Assurance Company Ltd" | NSE: NIACL to your watchlist. Good, Investment Opportunity if breaks the upper resistance as shown in the image.
It is forming an inverse head and shoulder pattern.
Disclaimer: This is for educational purposes only. I am not a SEBI registered advisor. Please consult your advisor before investing.
Happy Trading and Investing :)
Breakout expected.
Go as per the Breakout .
Wait for the pull back .
Don't rush to buy/sell after breakout.
NOTE:
BLUE LINE : Major Support and Resistance line
Orange Line : Minor Support and Resistance line
