🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have...
NSE:ABCAPITAL Levels mentioned in Chart. Note: Not a SEBI Registered analyst. Trade at your own discretion.
SBIN is making trendline toward upside but there is strong resistance 432.5 . As you see in the chart, Share unable to break the resistance level so many times.. . So if its break tomorrow and day after tomorrow we can see the good upward momentum. . Our Target is 442 . What's your view on this comment below in the box.
- Strong resistance at 73 getting weaker after every touch - Forming a good bullish structure - Can enter once it reaches the demand zone at 64 - First target 73 which is around 12.5% ROI and if it breaches the resistance then can hold till the there is weakness
- Daily chart - Swing/ Positional Idea - Breakout, Strong absolute and relative momentum - Strong Numbers - Looks good for a swing or position on a pullback, little extended from short term averages right now
- Weekly chart - Swing/ Positional/ Investment Idea - Coming out of 6 Month long correction/ Base - First target ATH, Can be added more on ATH Break - Risk management & Position Sizing, as per appetite and individual strategy - Earnings expected in 10 days, IMP
TARGET : ₹1230 SL :₹960 ALMOST 12% RETURN YOU CAN GET IN THIS SWING TRADE .
Sundaram Finance has been consolidating for a long time and also following the support, so can expect a good movement upwards in the coming weeks. Target of 90-100
VGUARD | Long consolidation & Breakout now retested (Investment Pick) - Can see 40% to 50% CMP : 258 SL : 218 Reference : PNCINFRA stock chart
In this chart it is forming bullish flag pattern. According to me after clear breakout in flag pattern price can go up to $0.91.Watch and play safe if there is breakout in chart then you can play long position with tight stop loss because right now market is in fear stage, so till then wait for breakout.
Hindalco has been falling from its ATH of 427.50 from 10th May onwards and has made a Falling Wedge Pattern. It has broken above with good volumes but the point to note is that it has gapped up and made a spinning top like candle in the 1Hr and 2 Hr candles which is half of the Evening Star Candle Pattern. So in the short term it could see a reversal. So it...
JINDRILL Daily: Looks good for more upside at CMP 1) Rising Wedge Breakout 2) High Volumes 3) Offshore drilling company in India’s Oil & Gas sector Comment with a 🔥 emoji if you are going to trade it.
NAVKARCORP Weekly: Looks good for more upside above 53.7 1) Inv. H&S Breakout 2) High Volumes 3) CFS (shipping container service) operator in India Comment with a 💯 emoji if you think this stock is going to be a multibagger!
CMP- 43 SL- 29.50 Target - 90, 150 19/5/21 - Ascending triangle in downtrend - acting as REVERSAL PATTERN - Look at the VOL popping in - EMA's positive crossover happening - lower trendline is being respected - Script has started making upmoves - Buy on dips is suggested if price comes around trendline - Conservative buy above 50 after breakout
Follow me on trading view : in.tradingview.com This is a series where we discuss stocks recommended by you guys: Just comment on the fav stock you want analysis on or DM me ;) 👑 Terms used if you don't know : ✣ Contraction pattern: A pattern starting with a broadening high candlestick and low candlestick and converging to a fixed point, these highs and lows...
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.