NIFTY might go above 16000- NIFTY saw some small corrections in last 2 weeks.
- It has formed Bullish Engulfing candlestick on weekly basis.
- It may cross resistance level of 16000 in about 2 weeks and then re-test those levels for sometime.
Bullish Engulfing
BEL Formed BULLISH ENGULFING CANDLE.BHARAT ELECTRONICS formed
BULLISH ENGULFING Candle on weekly charts.
company recent results were as good as the company itself.
one can buy this stock at current price.
Buy=172.
Target =222.
Stoploss = 164.
Period= positional.(long term=3months).
Hdfc Life Channel breakout Level with Bullish EngulfingHdfc Life Channel breakout Level with Bullish Engulfing.
Figure is itself explanatory
buy above 715.
Happy trading
Education purpose only.
MUTHOOTFIN - BULLISH ENGULFINGBullish engulfing indicates a surge in buying pressure, often triggers a reversal in trend as more buyers enter the market to drive prices up further. Attractive entry levels can be obtained after receiving confirmation of the bullish reversal. Chart is self-explanatory.
Bullish engulfing candle. Go longA bullish momentum with more than avg volume in daily chart suggests some uptrend.Go long abv the hammer high with the stoploss and target as mentioned above.
Huge bullish engulfing. Might resume its uptrend. Go long.A strong bullish engulfing candle with strong volumes suggesting buy signal. Can go long immediately for risky players or enter after a slight retracement if occurs any. Don't forgot the stoploss level.wait until the target hits.
ESCORTS AT VERY IMPORTANT LEVELOne can intitate Buy position in HEROMOTOCORP with target of 1175/1200/1250
ZEEL BREAKOUT FROM CHANNELKeep an eye on this stock
logic
1. Weekly trendline support
2.Channel breakout
3.Huge volumes
4. Very good R: R
Disclaimer: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
LTTS BULLISH ENGULFING AT SUPPORT The stock took support at the range of 2480, and it formed a bullish engulfing candle at support it indicates the buying pressure we can buy and hold with the target of 2950++
Note: Please consult your financial advisor,
Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Chennai petro cup & handle formation1. Cup and handle formation
2. Bullish engulfing pattern
3. 20&50 EMA crossover
4. Rising volumes
5. Supertrend buy signal
This shall definitely fly
Only for educational purpose
NEULAND LABORITIE/ BULLISH ENGULF/ READY FOR BREAKOUT1. Long signal on Neuland Labs
2. Bullish Engulf
3. Ready to fly to 2840
4. For educational purposes only
ICICI BANK - Parallel Channel BreakoutICICI Bank on a verge of Parallel Channel Breakout.
Double Bottom at 535-540 levels + Bullish Engulfing Candle makes it a perfect confluence.
Targets Mentioned on Chart.
Bullish engulfing pattern in daily chart.Go longA bullish engulfing candle after a small correction in daily chart.May occur a hammer candle in weekly chart.A short term buying opportunity with the targets and stoploss as mentioned.
long on banksthis is the time to buy banks as bullish engulfing has made on charts also nifty had take support on 40RSI and RSnifty200 have supported.
GODREJPROP | Look Bullish for Upcoming SessionAfter Retrace upto 0.5 Fibonacci level in Daily Time Frame & trend line breakout Buying Volume started expanding...
Looks good for positional for Target of 1450, 1520, 1590, 1690(As per Fib Extensional analysis)
SBI LongThe bullish engulfing pattern has been spotted at important levels. If the stock sustains above the levels then it can be a good swing trade.
Target - Upper trendline.
Stoploss - lowest low of the pattern.
AXISBANKBULLISH PATTERN HERE.
WE HAVE SEEN BULLISH ENGULFING CANDLESTICK PATTERN .
PATTERN HAS ORMED NEAR SUPPORT AREA.
NIFTY bullish viewNIFTY, in the 15m chart has a gap down opening. Any high momentum candle will make a bullish engulfing pattern and NIFTY should be able to bounce back from there.
HSIL Swing Opportunity Go LongHsil Big Rounding bottom And up flag Breakout Go Long for Short Term
Entry at near and above 125.17 (major resistance Fibonnacci Levels)
1st Target -147 (Up Flag pattern target should be ideally acheived in 4-5 days after taking entry above 125.17 )
2nd Target -200
3rd Target -210 (Rounding Bottom Target)
RSI is also above 60 which is a buy Sign!
Recent Macd crossover for long
**Keep Trailing Stoploss**
**Been in Consolidation for good days,Time to give a breakout soon**
**Expecting a big UpMove In coming Days**
Grasim | Trendline resistance break 🎯⭕ Swing Trading opportunity ! 30 min Chart Alert !!! ⭕
--Buy above =919.40 or CMP
--Target = 932 | 939.70
--Stop-loss =912.55
--Lot Size = 950
--R:R = 2.05
--Expected Profit = 19,200 ₹ per lot (2.21 % )
--Expected Holding = 5-15 day only
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⭕ Technical Reasons to trade OR Strategy applied :- ⭕
1) Trendline break , bought near support area after retracement
2) Volume is more than sufficient i.e engulfing pattern & bullish candlestick pattern
3) Uptrend Is continuing and Trendline resistance break
4) All the possible support & resistance is mentioned on the chart
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