Nifty Auto is at resistance levels of a trendline on monthly timeframe chart. After 2020 fall it had broke the major resistance and took support on it. Now from support zone it had made higher lows, but not the higher highs. Index had contracted for last few months so now there is high possibility it may show big move one side. This month we may witness a major...
As you can see in the chart, in the previous day's Axis Bank share has tested 760 level multiple times. . And then gave the breakout, now again the stock tested multiple times the 805 levels. . And the stock is near to breakout if stock goes above 805, we can buy this call for the target of 820. . What's your view on this comment below in the box.
HDFC bank has just given a breakout from it's double bottom pattern. But volume and Rsi indicates lower strength so we might se pullback tomorrow and that should be taken as an opportunity to enter in this golden stock Buy at 1645-1650 Targets 1700,1780 SL 1600 Long term 1800 2000 (No SL) HDFC bank is one the most fundamentally strong company and with its...
Pidilite Industries has following the trendline from last so many trading sessions. . There is a strong resistance at the level of 2479, stock has already given the breakout on Thursday. . And stock also done some correction, so for tomorrow if Stock goes above 2485, . You can buy this trade for the target of 2500 . What's your view on this comment below in the box.
Triangle pattern in ATOM/USD. wait for the breakout with high volume
BEL ready for breakout TARGET @245 BUY @215 TARGET 250 ................................................. Rationale : As you can see it maintains a support at 200 and resistance at 212. BEL is a very good company having strong fundamentals. So the diminishing triangle is forming with Higher-LOWs and will result a breakout soon. Long-term investors can buy...
Please wait for breakout with good volumes and retest before going long
ITC has broken the resistance with Huge Volume. One can go Long with the current price This is for Educational Purposes Only.
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.
Bullish flag breakout pattern with high volume in Novo Nordisk
{{Trade Setup}} 1. Price in a downward channel since May. A breakout on 4th Oct, with volume. With subsequent retest & took out high of the breakout candle indicating follow-up buying post-breakout. 2. 200MA acts as long-term support. {{Levels}} 1. Entry above 79.75. Targets of 87.4 & 99.6. SL - Daily closing below 72. Note: Please take trades after making...
Technical: 1)Consolidation of almost 2 years. 2)Strong weekly close with good volumes. 3)Momentum indicators are looking good on weekly basis. Fundamental: 1)Posting good profit results. 2)Increasing EPS. 3)Almost debt free. 4)Healthy Dividend paying company.
=after breaking trendline and sustaining above it we can expect 600 levels soon for educational purpose only
Wyckoffian Patterns that occurs in Accumulation Phase 1. Initial Sell off in panic mode 2. Preliminary support has been identified, where the big institutions and smart money players try and take bullish positions after a strong sell off 3.Automatic rally from the preliminary support has occurred 4. Secondary test of support has occurred more than twice (although...
This is follow-up on Godfrey Phillips. Can check link to related ideas. Target 1 achieved. More than 18%. Target 2 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. Please...
This is follow-up on Godfrey Phillips. Can check link to related ideas. Target 2 achieved. More than 32%. Target 3 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. Please...
The stock stays in consolidation for a very long time before a breakout. breakout happens only by news or good earnings. also there is no hope of breakout now as there is no uptrend. MACD is not that great now. hence I would recommend you o wait for while. strong resistance at 774. no proper support. Can give an entry if forms a good support level or gives a good...
we have shared our analysis here for adanient it was looking for breakout, price reacted as per our analysis and given good move