Tata steel Ltd had taken a clear breakout in 1hr time frame, so give an entry with appropriate Stop loss Aggressive traders enter at the breakout and conservative traders may give entry after retracement After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade 🔴DISCLAIMER ***** It's just for an educational purpose...
MGL after a big up move, taken a big retracement and now again started to take bullish reversal, so give an entry with appropriate Stop loss Aggressive traders enter at the breakout and conservative traders may give entry after retracement After reaching our targets, trail your stop loss to get maximum profit from the stock in a single...
Apollo Tyres had given a clear bullish breakout after a retracement, so give an entry with appropriate Stop loss Aggressive traders enter at the breakout and conservative traders may give entry after retracement After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade 🔴DISCLAIMER ***** It's just for an educational...
Bank of Baroda has finally closed above the resistance level after 5-6 unsuccessful attempts. Target of 89-89.5 is immediately achievable in the week itself. Time to hold on to Banking stocks as the Banknifty rally is still pending when the NIFTY is already in lifetime highs.
Positional Trade(2-3 weeks): Buy: Bank of Baroda CMP: 87.80 Target: 98 Stop Loss: 82
After a lot of consolidation Tata steel bsl is finally in a position to give a breakout. Target 100-101
Chart is self explanatory, FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT WHAT YOU THINK ABOUT THIS THANKS
Price attempting a superb breakout of a fairly long-term resistance level; A nice RSI Hidden divergence noted; A close above 1380, can move north to hit 1500 -1550 mark. SL below 1290.
Punjab National bank has tested the resistance zone/ supply zone multiple times. Hence the sellers are becoming weak now and buyers are getting stronger. If the buyers are able to close the price above the supply zone, the stock may show a good upmove.
Positional Trade(2-3 weeks): ICICI Lombard has broken out of a resistance at 1550. Buy: ICICI Lombard CMP: 1579 Target : 1640 Stop Loss: 1540
Short term Trade(3-4 days): Jindal steel and Power breaks above a falling trend line signaling a reversal on the upside. Buy: JNSP CMP: 406 Target 1: 430 Target 2: 440 Stop Loss: 394
Wait for breakout and retest then take entry. For swing trade as the analysis is on daily time frame.
NSE: KSEROMIND Kseromind has formed an Ascending triangle along with cup and handles has already given a breakout with good buying strength. Wait for pullback or retest and enter. Educational purpose only - trade at your own risk. Good luck.
As many of my followers were asking about PRINCEPIPES, here is my view, Plz read the whole If still, your setups match go for it :) Logic points -- 1) On Monthly charts, It has not given a good retracement 2) On the day chart if you make a Fibonacci retracement from the lowest part till the near term high then u will see a retracement of only 0.2 3) Such...
it has given a consolidation breakout on weekly chart with good volume. volume was considerably high during past few weeks. rally likely to continue, since it has given breakout after consolidation of 6 months.
Potential break out for Bank nifty if it sustains above 35500 in 1 hr candle. As you can see candle is at the top end of a wedge pattern in Long term and a reverse head and shoulder pattern in the short term. This can get Nifty to all time high in the coming weeks. Fingers crossed.