Zeel Uptrend continuation NSE:ZEEL
Time Frame : Daily
View : Bullish for Short term, Swing and Long Term
Technical :
1. Trendline Breakout
2. Perfectly moving upside steadlily and respecting uptrend
3. Falgun Indicator : On Border i.e. breakout of 273.15 moves this stock in Bullish territory.
Pattern : Symmetrical Triangle Pattern Breakout
Buy : @ > = 274
Stop Loss : 262 - 263
Target : 280 - 299 - 327 - 356 - 375
Boom!!!
MAHLIFE Bullish All Time High Breakout NSE:MAHLIFE
Underlying : Mahindra Life
View : Bullish for Short term, Medium Term and Long Term
Finding : All Time High Breakout at 298.80 with volume
Observations:
1. Multiple time support zone 218 - 225 (1,2,3)
2. Resistance Tested 3 times and finally broke the Resistance with volume.
3. Nearest support : Refer Chart
4. Consolidation can be observed in chart with multiple time Resistance and finally both Resistance breakout with volume.
Recommendation: Immediate LONG, Buy on dips near support if opportunity arises
Only for study purposeFirst time I'm giving the BNF analysis …with positional basis..
Proper technical technical analysis ….
Reason for go long or taking CE :
1. On daily time frame Hammer candle.
2. Rising wedge patter and gave sharp rejection from trendline.
3. On 30 min time frame breakout of HL level also created HH.
4. You can see chart pattern of tringle on breaking of pattern go long with SL of 250-280 points on Spot chart.
5. One more thing if you see range of 20DEC to 31DEC in daily time frame after that breakout of 200EMA ..Same happened in 30 min time frame. Expecting the same sharp move after breakout of 200EMA.
GO LONG IN BNF …
If your doing option u can take expiry of 10th FEB or FEB end.
Only for study purposeThis one is also my first time about NF …
Here is clear inverse head and shoulder pattern so no need to analyze more and make complication.
Just on breaking of Neckline with green candle go long in NF.
BNF also looking for Bullish for next two days..
In 1 day time frame big rejection candle...
You can take option of 10th Feb. or end of Feb.
Barbeque Nation Can Give A Good Move Anytime.Barbeque Nation is forming a decent symmetrical triangle formation. it has taken 3rd support at the trendline and had also formed a rounding bottom formation which shows accumulation. Can be bought after breakout of upper trendline. MACD Crossover is also on a verge of happening, which helps the trend and big move. This stock is volatile and sometimes gives big movement and wicks, so have to be careful.
Cholamandalam Investment ( Inverted Head And Shoulder)Cholamandalam Investment has formed a good Inverted Head And Shoulder pattern with good volumes. The stock is also moving in all time zone so it can be bullish. I expect a breakout and then a retest. You can add with small quantity at breakout and remaining after retest as usual.
Get Ready for a Blast in Smallcaps!!In the chart, the orange line shows Nifty 50's move viz a viz the Small Cap index.
Both seem to move in tandem
Nifty Has given a bullish reversal today - so I'm expecting Small caps to tag along and break the previous ATH.. already it has formed an inverse HnS of sorts!
Hold on to your seat. 2022 looks pretty interesting!
Cheers!
George
INFY Trade Setup For Week As of Now My View With IT SECTOR is BULLISH...
INFY Took Resistance 1588 and then we see Profit Booking which was expected after BOOM in ITSECTOR
No we Have Some levels for NEXT WEEK ...
If infy take SUPPORT from TRENDLINE which is near- 1552-1556 then we will take trade for target of 1588
and if it broke the TRENDLINE then take trade at 1540 and target will be 1588
if infy not sustain on 1540 then we will go for agrresive short levels are mentioned on chart
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