After a heavy fall, share goes in a good consolidation phase. after giving breakout it was making bullish pennant. if we can see a breakout share can go up to 847 we can use Sl of 500 Thanks
The best support zone is always the previous Accumulation zone, and IRCTC is near to this level. Only for study
#Bankbaroda Long (11 Oct) stock has faced resistant at 88 level. But now short term trend and volumes are strong. Buy at CMP- 88 SL- 82 Target- 100, 109 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
TECHM breakout of a TL making ATH now on daily chart. clb entry would be better for swing traders.
#Techm Long (14 Oct) Taking support around 50 day EMA. now crossed all moving averages. Buy at CMP-1418 SL- 1370 Target- 1540, 1589 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
NSE:BANKNIFTY Bank Nifty Update for 26th October 2021 ============================== BANKNIFTY INDEX has outperformed NIFTY and is trading on ALL-TIME-HIGH levels. Index is continuously making higher highs & now has formed HARMONIC ABCD pattern. Here's the trade setup for today: For buying: The pattern will be activated above 41,800 and a bullish momentum...
NSE:NIFTY Nifty Update for 26th October 2021 ============================== A recovery from 18,000 levels was seen in previous trading session lead by the banking stocks. Index has shown recovery from the psychological support levels of 18,000. Here's the trade setup for today: NIFTY has formed a HALF BAT HARMONIC Pattern and if the price sustains above...
Lupin tested three times 933 levels, so it's a strong resistance . . If tomorrow stock goes above 940, you can buy this trade for the target of 955-960. . Stock has already given the positive closing. . What's your view on this comment below in the box.
SBICard has been actively taking support at 200 EMA and bouncing back and hitting 1140-1160 levels, but this time it seems it isn't headed towards 200-EMA and rather it is forming a Bull Flag , one can go long once breakout done and expect an Immediate Target of 1300. Short Term Target: 1500
The stock seems to have made a bullish breakout with very high volumes for 2 consecutive days. It has high resistance around 90 levels, hence the trade should only be initiated if it crosses 90 and sustains that. The likely targets are 100 and 110. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern,...
The stock has been gaining strength and is hovering just ~5% shy of its all time high levels. I suppose it should soon meet and cross the ATH of 102.5 which is target 1, and can fly further to 110. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment section. Do...
The stock has broken out of the channel pattern coupled with high volumes. It is likely to rise up to levels of 520 if it crosses and sustains 460 levels. Please follow us for more trading setups like these. If you have any queries/suggestions related to above pattern, feel free to type below in the comment section. Do show your love by pressing the like if you...
ICICI Bank Long Gap up breakout with RSI confirmation 50 day EMA is strong support zone Buy at CMP- 745 or around 735 SL- 704 Target- 790, 820 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose.
AXIS bank triangle pattern Breakout. Need to hold this level for a good swing trade with 5% SL below the previous Swing low. ATH now.
As per fib and real key levels,trade executed. Reversal trade another best place for discipline trade
Idea is self explanatory... In weekly chart stock is giving breakout with good amount of volume. I have provided SL along with 3 targets. Keep in mind book partial profit with every target and 3rd target may take time with few consolidations. Note: I'm new to technical analysis, do your own maths. I'm open to new ideas and flaws in my analysis, so please do...
This is education purpose only. There is a decent break out in Federal. Those who can take risk can place order now with 1st target 124 and 2nd target 145. Actual stop loss is 82. But it is not necessary to wait still SL. You can follow trend line. As RSI is not supporting, Those who can't take risk wait for re-test
Goodluck India is consolidating in an Ascending Triangle formation (Daily Timeframe) with volume clearly drying up. The stock, when looked at in Weekly Timeframe, forms a Nice "High Tight Flag" pattern. Any breakout at this level has a good scope for sharp rally upward.