Prestige chart analysis for intraday and swing trading
Hello All, I have brought in another good set up. SRTF has broken it's consolidation range. Prior to the breakout day the volumes were building up and the breakout candle has witnessed the largest volume in the last few months which is a good sign. Now how to trade it: First of all do not let FOMO overpower you to take a trade in haste. Observe the price for a...
Looking good on the daily time frame NSE:MHRIL ~ The stock is currently trading at ₹248.75. Reported strong quarterly earnings on 22 oct as Net Profit rises 140% ~ The demand can be seen in the tourism & hospitality industry.. with the incoming of festive & new year season! ~ Look out for this stock at an entry-level above 256 & increased volumes on a closing basis.
symmetrical triangle Pattern formed and break out also given Near 1656 ( Dicsount buy at current Levels 1543) tgt= 1880 sl=1405 closing basis, Please do your own analysis also before taking any trade / or consult your SEBI registered advisor.
Consolidating in expanding channel pattern since 2009. Is finally giving breakout after more than 1 decade. Fundamentally strong company and giving technical breakout. The risk: reward is very favourable of 4:1. This is a mid-term trade with approx. 9-10 months but can deliver 100% from current market price. The are good number of support and resistance points...
Consolidation since Feb 2021 in parallel channel and ultimately breaking out soon depending upon the volume. Can enter 4h/daily close above 60,500. and hold it till December 2021. Can 2x easily. Buy the dips on the way as much as possible.
IndusTower After steep rally of 50% gain in a month, now consolidating with falling wedge pattern since a month. So, Ones it get a breakout then we may predict possible upside of 15-20% with a small stoploss below 290.
Stock has been in consolidation mode after really good up move since it's inception. 340 seems to be a very important level and we can see volumes getting squeezed on weekly charts. And whenever it touches 340, it takes a U-turn towards 250-260 support zone but this time around stock took support at 300 levels and now huge volumes can be seen on Daily Charts. Once...
Federal Bank has given a classic Mark Minervini's VCP formation Breakout. The results that they announced was also good. Stock can give some good moves from here.
SRTRANSFIN has just attempted a Darvas Box Breakout. However, there is a small hurdle before the stock can blast and that's a potential supply zone that has not been tested yet in the past.. The last time when Price reached this level, it rejected and retraced.. Keep this stock on the watchout and when the specified level is taken out, this stock will be in Blue...
NSE:IFBIND Levels mentioned in Chart. Note: Not a SEBI Registered analyst. Trade at your own discretion.
Chart is self explanatory. Entry, Targets and 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. Please consult your financial advisor before taking any trade.
NSE:GOKULAGRO Levels mentioned in Chart. Note: Not a SEBI Registered analyst. Trade at your own discretion.
Triangle breakout in ATOM/USD crypto currency on 15 minute timeframe.
Chart is self explanatory. Entry, Targets and 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. Please consult your financial advisor before taking any trade.
INDIANB (W):- 182.5 CMP, looks good for more upsides keep track :)
Chart is self explanatory. Entry, Targets and 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. Please consult your financial advisor before taking any trade.
IFBIND (D)- 1297 CMP, looks good for more upsides keep track :)