Breakdown
Breakdown in Oil India Limited (OIL)...Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistance (close above which, setup will be invalidated) are clearly defined.
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.
Breakdown in Can Fin Homes...Chart is self explanatory. Levels of breakdown, possible down-moves (where stock may find support) and resistance (close above which, setup will be invalidated) are clearly defined.
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.
Naukri Info edge wave counts and much more things.Naukri (info edge)
Friends, please go through details shared below, which are making our bearish bias very strong.
All the key levels are mentioned in chart along with stop loss and Targets.
Possible wave counts on Daily time frame
RK's mass psychological cloud is also suggesting Bearishness ahead.
Bearish divergence in MACD, RSI and STOCHASTIC too.
Currently price below lower band, RSI below 40, MACD negative and below zero line, and finally DMI bearish along with ADX bearish power up.
Breakdown with good intensity of Volume on daily chart, also with further follow up in price action.
MACD in daily Negative with Down tick below zero line
MACD in weekly Down tick below zero line
MACD in Monthly Negative with Down
Price closed below 20WMA mid Bollinger band of weekly time frame.
RSI in Daily is below 40.
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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
BEARISHNESS in KAVERI SEEDNSE:KSCL
The prices have given breakdown from the Head and Shoulder pattern in weekly timeframe. The stock is underperforming the NIFTY from 2Y which shows weakness and bearishness. The MACD indicator is bearish. The RSI is under 50 which shows weakness. The SL is around 520 levels and the target is around 340 levels. This view is for 1 to 6 months.
Disclaimer : This is my own view and analysis. This for educational purposes. This is not a recommendation, call or a tip.
BREAKDOWN in PVRBREAKDOWN in PVR
Entry: CMP
Targets: 1685
DISCLAIMER: The ideas shared are only for educational purpose. The markets are very volatile, so plan your trades accordingly. Please trade with stop loss. I am not SEBI registered.
Weekly chart analysis of ITC Stock is at important Supply Zone.
For Upside rally stock has to close above 323 level and it has a potential to reach 400+ in coming weeks.
Now, 265-275 Price range is very important demand zone. 250 will be the next major Support.
240 will be the ideal SL.
We will update once the breakout is confirmed.
This is just a view not a recommendation to trade. Do your own analysis before making any trade.
Share your opinion in the comment section.
NSE:ITC
Astra Microwave daily chart analysisStock is at important Supply zone.
For the upside movement stock has to close above 290-300 Level with good candle & Volume.
There is high chance for a retest , if it is coming for retest then 250 level should be strong support. If it break that level then upside movement will be paused for some time.
Stock has a potential to reach 380-400 level, if it close above 290-300 Range.
Keep this stock in watchlist, wait for the proper Breakout to enter. as now it is at important supply zone.
This is just a view not a recommendation to trade. Do your own analysis before making any trade.
Share your opinion in the comment section.
NSE:ASTRAMICRO
Symmetric triangle formation IPCALAB?Symmetric Triangle pattern Formation in IPCA LABORATORIES Daily Chart
Wait for proper Breakout or Breakdown.
As of now dry volume, No clear indication of stock direction.
Will update, once the breakout or breakdown confirmed.
This is just a view, not a recommendation to trade. Do your own analyses before taking any trade.
NSE:IPCALAB