Shree Cement is breaking its important support also its RSI is breaching below 40 and there is bearish MACD crossover, could soon see levels of 24083 and 23900. Short near 24300-24350.
Escort in consolidation mode for more than 3 months. Has a potential for both, breakout and breakdown. Option seller can also benefit till the time it gives a clear direction.
GAP DOWN - Can reach Target 1 straight away and then Target 2 following a possible retest. FLAT - Retest at recent resistance is possible to reach Target 1 and if breaks Target 2 is also possible. GAP UP - Wait till breaks last session's day low to reach Target 1 & Target 2.
CANFIN HOMES sell below 616.65 with sl of 622.25 for target of 1:2+,if it dosend touches our sell point and reversal with bullish engulfing or doji or bullish harami can look for buy,little risky as breakdown was not strong if it opens gapdown can look for sell,as chances are high for gapdown opening as sgx is v.down we can look for little bit retracement if it...
Ashokleyland head and shoulder pattern with trendline breakdown can look for sell at 132below with sl of last candle high above ie.,133.15 for minimun 1:2+rr
Ethereum could keep falling as it has created a rounding top of larger frame, though we have seen a morning star pattern a bullish reversal signal but it has not sustained which means Bear are much stronger.
Hindalco is at an important area… Reasons/Traits : • Cypher bullish harmonic pattern formation seen • Below 20 and 50 EMA • Trend breakdown retested and an inside bar formation seen today • RSI, MACD and Stoch are in down trend • Earlier channel breakout failed What can happen next : Scenario 1 : Price sustaining above 460 levels can take it to 472/488/510/547...
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
HCLTECH fell with every other I,T giant like wipro & techm but it looks more bearish from here on. All analysis is explained in the chart above. Short below - 1045 Targets will be 3%, 5% & 10% Please LIKE, COMMENT and SHARE to motivate and support me. I'll keep on posting new ideas on Indices & Stocks. Be sure to follow so that you don't miss any good trades...
NSE:TATASTEEL if forms any W or bullish pattern then go long or short Note: I'm not Sebi registered guy, it's for education purpose only. Please contact your advisor before taking a trade.
Info Edge (Naukri) Full body bearish candle formed with increasing volumes. Heading towards 4042 level. Only for educational purpose. Not a recommendation.
Forming the double top formation price yesterday given the breakdown and now treading below the neckline and going down with good volume. post is only for education purposes, not an advice to buy and sell.
Maruti is showing signs of Double Top pattern as it is at crucial resistance zone. If it is a clear breakout above 8400, then possibility of more upside. If it falls from here, it could move down forming Double Top pattern. There are some new regulations coming for EV in auto industry, It will be interesting to watch this out
seems down sides for dmart from here break triangle pattern down side also crossed long rend line from April 2021
Shooting Star candle formed in Vodafone Idea previous week and Now 25% down today. Those who would have spotted it, would have booked their positions before the disaster.
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Dabur shows head and shoulders pattern as marked on the chart above It recently gave a breakdown from the pattern and retraced a bit till the neckline One can look for shorting opportunities in DABUR with first target being 540 and second target being 525. SL @580 FOLLOW FOR MORE IDEAS. LIKE AND COMMENT WHAT YOU THINK ABOUT THIS ANALYSIS.