Bharat Electronics Ltd. Chart Pattern: - Rounding Bottom Pattern Breakout - Price consolidating after breakout - Price at ATH - Price once came below the previous ATH levels, but didn't sustain even a day. Previous ATH levels now act as strong support for the price. - Price closed yesterday at ATH after crossing the previous swing high. Relative Strength: -...
Resistance at 7500 Strong Support at 7000 Weekly Bullish engulfing candle Target 8400-8500 (short to medium term)
This is follow-up on Maharashtra Seamless. Can check link to related ideas. Target 3 achieved. More than 49%. Target 4 is ON. Chart is self explanatory. Entry, Targets and Trailing 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....
Bhai log yahan high chance hai market upar jayega. bcz last day humne consolidation dekha tha. Aaj shayad yeh stok sidhe or thoda support leke upar jayega Buy only if it breaks my rectangle area.
large cap stock with good dividend yield. 6-7% dividend stock
A good weekly resistance may be broken in INDIGO which can give us further up move towards 2400+ levels. Weekly Volume is good as well as RSI is around 69 which gives us possibility of further upwards move for some more time. Once can take a BUY above current levels with SL below 2248.
bhartiartl's one day time frame seems like breaking out its previous all time high's closing price, and it is expected to show a upside movement on monday..(not a call, just learning purpose)
#Ahluwalia Contra cmp @ 450 add till @ 420 target @ 590 fresh break out done
Keep this stock in radar. running in range in weekly timeframe. also watch what i said on my charts always trade with plan and risk management. good luck :)
BUY GUIDANCE: Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL...
It's been trading in range since inception and now the range is only of 10 points, any move above 85 will trigger a huge upside in the stock. On a smaller timeframe, any move above 76 will push it towards 82 and then 82 to 85 levels will be very crucial for the upside, One can initiate longs above 76 in smaller quantity and add more above 85 with SL of 65
Wipro is in his resistance zone... Hope next day it will give a good breakout which already has given the signal.
This is clearly a bullish view which is identified in IEX the basis of this if you can clearly check the chat weekly or daily time frame of nifty energy. There is a clear retracement and re-testing which has been done in nifty energy.
Crude prices has been continuously rising, and the immediate benefactor is the natural gas. With tremendous pressure on energy global supply chains gas companies are struggling to fulfil the outgoing demand. ONGC, which has also seen a hike in gas prices have reported record profits for this quarter. I have been bullish on ONGC since 110/- levels. And the reasons...
In bigger timeframe it is in downtrend for years. Now showing good up move in daily timeframe and has multiple reasons to continue bullish momentum. But not sure till where it will last. Resistance zone is near too. Let's see. This post is for information purpose only.
Tirumalchm recently gave a strong breakout in weekly tf of all time high resistance. And now sustaining near support level , expecting it to give a pull back and can reverse. Risk Reward ratio is very great. All the important levels are mentioned in the chart itself.
Fed on Weekly Timeframe. Gave breakout with good volumes. Eyes on this one. Q2 Results will also impact it so a little bit risky setup. This post is for information purpose only.
Expected Breakout @ FLUROCHEM. FLUOROCHEM has reversed from its Support Zone and is expected to break its recent highs. One should wait till breakout is executed and daily candle is closed above the breakout line or its recent Higher High. Targets can be calculated by using the difference between breakout zone and support zone. Keep tracking. Happy Investing !