#BAJAJFINSV is at #BreakDown below 8565 if closes below this level then it can slip till 7700 and then 6500 with SL@9275
TRADE BASED ON BREAKOUT If its break we can expect a big move so don't miss it
Biocon is week below the trend line, wait for the 1-day time frame candle closing below the trend line. Safe entry will be at 391. Stop loss at 429. Safe target 1 at 371. Target 2 at 362. Target 3 at 325.
We can see the formation of a falling wedge in Nifty on weekly time frame. Wait for breakout and weekly close above the wedge for the journey towards ATH. Nifty likely to hold supports on the lower trendline.
After the Head and Shoulder breakdown the price is now at a crucial support level. We may see a reversal from the current support to the trend line. Be prepared for an outcome on either sides. Can be a good trade on either sides if volumes are good. Wait for price action.
Rounding bottom + Possible inv H&S pattern. Short below TL breakdown and for long we can expect gap filling. Long abv 598 and short below 577 around
BREAKDOWN LEVELS HDFC LTP 2415.9 HDFC target 2362 HDFC has a support at 2405 which is very crucial as it is a a break down level. SL 2442 SBI LTP 329.5 SBI target 310. SBI has a support at 320.5 which is very crucial as it is a a break down level. SL 340 KOTAK LTP 1697 KOTAK target 1606 KOTAK has a support at 1676 which is very crucial as it is a a break down...
Indigo is in day level consolidation for a long time. It is now in important support. Moreover in the recent 1 hr time frame it is making lower highs. If the market goes further down it may breakdown.
BTCUSD (DAILY):- FALLING WEDGE BREAKDOWN (Inside Rising channel breakdown also) for Target 44850
on lower time frame upward channel breakdown with breakdown - retested. keep it on radar below 354 there is gap too. (short Side) on day time frame RSI -ve diversion with bearish candle but it required followup selling so watch below 354 above 365 view is neglected.
Nifty looks weaker reacting to the lockdown news , if it breaks the level of 14240 , we can take a target of 13600. This is not a call. Just an analysis. Trade as per your own risk
Possibly a strong sell in current zone can lead a real breakdown
Short Dmart Stoploss 2935 target 2630 Study: Breadown from Trend Continuation Pattern (Flag Pattern)
The scrip has broken its recent swing low for the first time after COVID and and the same time, it also has broken the 1Yr TL that it has been pampering till now. It's a feast to SHORT now!
SBI downside breakout. Expected target mentioned.
HCLTECH had made bearish butterfly pattern. Expecting 900 level in coming sessions. Market is being bearish after long uptrend move. Do your own analysis.
DrReddy has broken a year long trendline. Let's see how big the fall would be. I honestly don't know, though expecting big downfall.
hdfclife trendline breakdown in dailychart ...