IMP LEVELS : 1) STRONG closing above 550 levels with the volume on 1hr 2) Good structure on D chart seems to be broken with already above avg volumes 3) IF sustains here only on D chart too or above 555 then A great upside can be seen in BHARTIARTL 4) Risk is 4% from 1hr closing candle buy point 5) Targets are - 580 levels than 610 levels in the near term ( 1:1...
MUTHHOT CAPITAL CMP 483 BUY FOR TARGET 525- 600- 650- 750- 900-1000- 1100-1200+ SL BELOW 350 - CANDLE CLOSING BASIS HOLDING PERIOD 3-5 YEARS
HSIL looks strong for positional traders. hit ATH today.
Everything has been explained thoroughly in the chart. If you have a comment related to price action/Fibs/Trendlines it will not be replied to. This is meant to be a tutorial for semi-systematic traders only. I have hidden my Keltner channel indicator to reduce an already cluttered chart but it has a very important place in my trading system. I hope to explain it...
The price is consolidating in range for more than 14 months now .. Breakout can come soon See the chart The timeframe for higher tgts can be 2-3 years
1) Some useful knowledge : Triangles can be best described as horizontal trading patterns. At the start of its formation, the triangle is at its widest point. As the market continues to trade in a sideways pattern, the range of trading narrows, and the point of the triangle is formed. In its simplest form, the triangle shows losing interest in an issue, both...
Jubilant Ingrevia is a recently listed company (Demerged from Jubilant Life Sciences) that has given a breakout from a base. It has given similar breakouts in the past since its listing in March. The results that came earlier this week has received a good response in the market.
Bharti Airtel trying to break out of a symmetrical triangle after taking support from the demand zone.
So, tomorrow if Nifty cross 15840, then we see the upward momentum. . If Nifty goes down below 15760, then we should buy pe. . If Nifty is in rangebound between 15760-15840, avoid trading on tomorrow. . What's your view on this comment below in the box.
1. Flag & Pole pattern 2. Channel breakout 3. Taking support at 0.618 fibo level 4. Strong Uptrend in Nifty Metal
TATACOFFEE has been consolidating in this range for a few sessions now. we can expect a breakout out of 195 if its accompanied by good volumes. 1HR chart also shows the same. kindly perform your own analysis and enter trade above 195.
Rounding pattern breakout on weekly Larsen & Toubro
Wipro has given a good breakout with good volumes. It can turn out to be a good swing trade.
Som Distilleries & Breweries Limited Short term buy
Entry above 189 with good volume and closing