SBIN - Buy above 442 for 480+ target
Break out and retest done with good volume spikes and bullish indication from moving average. Events : - surprise earnings + - Double dividend + Downside side : - Banking sector is too much dependent on governance and social environment. Though, No negative news have been rotating in the market, its still a bit controversial stock. Entry - cmp Stoploss -...
Edelweiss Financial Services Ltd go long above 104
Please check my idea previously posted on 11th July, both targets on TATASTEEL have been reached successfully. :) Jul 11 I had earlier posted an idea on TATASTEEL on 13th June which was closed at cost. TATA STEEL has been in an uptrend, continuously forming higher lows. After the recent complex pullback, it seems rested and ready to move forward and challenge its...
Please check my idea posted about DMART on 21st July. Both targets have been reached. 5% return in 14 days. :) Jul 21 DMART has been facing rejection from the 3400 level since the mid of June 2021. Despite these multiple rejections, the lows that it makes are gradually becoming higher. It took support at 3250 on 18.06.21, then again on 29.06.21, then it formed...
Recent price structure with higher lows in NIFTY along with support from multiple trendlines indicates that there is a high probability of it breaking above 16000. A close above 15900 on the daily will increase the odds further. Keep an eye out for targets of 16200-16300 on a close above 16000.
On the daily charts of SBIN, it can be seen that it is taking support of its recent trendline (yellow one) and there is a year old resistance too (green one). (OPEN CHART ABOVE) Also, on the weekly charts, a breakout then a retracement kind of action is seen. Also there is a good buying pressure at the day end today. This shows that soon a breakout is expected...
Chart is self explanatory FOLLOW IF YOU LIKE THE ANALYSIS LIKE AND COMMENT WHAT YOU THINK ABOUT THIS!!
OPEN CHART FOR DEATILED ANALYSIS Follow for more such ideas Like and comment what you think about this
There is a Long Term Trendline from 2017 and has made 3 attempts to break this TL. Once in March and there was a fake out in July and now I expect a breakout of this long term Trend Line. Can go long on a breakout with volume and a retest with a Bullish followup Candle for the following targets. T1-96 T2-108
SBIN forming Cup and handle bullish pattern. Entry on DCB above 455 level for confirmation.
Laurus Labs was at a Down Movement from Past some many days and this moment had stoped with a Bullish Engulfing Candle which Engulfed past two Days. Next days was seen positive with gap up opening and also as usual a Retracment were we all can enter @CMP in tomorrow's Trading session Our Targets will be All time Highs and it's Breakout that is 695+ SL will be...
This is follow-up on Maharashtra Scooters. Can check link to related ideas. Target 1 achieved. More than 8%. 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....
Nifty breaks strong resistance levels and without retesting the breakout levels it is just flying high and high.
Go long with your risk management. Could turn out to be a good trade. At all time high.
At all time high. Trade after retest would be better.
Go with your analysis, we can see some good moves coming.