We can go long in Jyothy Labs with so many confirmations.
Entry- If it Comes for Retest Enter @ 163 levels else enter above 170 levels with good confirmation.
>> Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ******** This is my view about Stock/Indices Based on Technical analysis &...
When this pattern is found in an uptrend, it is considered a bullish pattern, as the market range becomes narrower into the correction, indicating that the downward trend is losing strength and the resumption of the uptrend is in the making.
What is a falling wedge pattern? The falling wedge pattern is a continuation pattern formed when price bounces between two...
SBIN seems to be in Big Green rally
As it has completed wave 1 at 428
wave 2 be expected to be ongoing
wave 3 target would be around 596
Followed by wave can go below till 428 which is the main support for it or it can bounce back at 490
For a target of 767 if it crosses 661 and sustains NSE:SBIN
Hindustan Composites Making Higher Highs in Daily Time frame, We Will go long if the Trendline will Break.
->> Always Enter With good confirmation & Maintain proper Risk Reward.
******* Knowledge Purpose only ********
->> Visit my Ideas Page for Daily Stock Analysis and check my previous stock analysis performance. I usually prefer Swing & Intraday Trades with...
Hudco is forming a wonderful set-up,
It is taking solid support at Ascending TL as shown in the chart
and also it has given Triangle pattern BO which gives double confirmation to enter on the long side.
Risk is very simple 5 % below the Trend line and Returns would not be less than 50%.
> We will only enter a trade when there is low risk and high...
This time I bring to you a brand new analysis PIDILITE. Going to break equivalent triangle for the second time on DAILY CHART. On the other hand, Moving Average(44) is also supporting the bullish analysis.
One can look for buying opportunity between 1830-1850.
SL - 1775
TARGET - 1950-1960..........
HAPPY TRADING :):):)
With MRPL ready to setup oxygen generation plants across Karnataka, along with a channel breakout, a strong Bull run is expected.
Target-56 in a day or two, 76 in mid-term and 136++ in Long term.
Please note that the above is for our analysis and educational purpose only. Do your research before investing
United Spirits has formed symmetrical triangle pattern on monthly time frame. Closing and sustaining about 583 can lead to potential breakout.
1) PRICE ABOVE 30 DAY SMA
2) RSI IS MID-RANGE
3) MARKET LEADER IN INDUSTRY
4) PROFIT AND REVENUE HAS BEEN INCREASING EVERY QUARTER FOR THE PAST 2 QUARTERS.
5) COMPANY WITH LOW DEBTS.
As you see Nifty is making Higher high Higher low.
It Means Market is bullish.
So we will buy on dip sell on high.
14880 is a stong resistance after that 15052 is second resistance.
Caution: if Nifty Give Gap up or Gap down, we will wait for the right time.
You can also give your suggestions in comment box.
It looks like Rain has completed it's correction as it is sitting on 2.618 Fib support also near the bottom of the channel. Next wave can take it towards its next Fib resistance of 3.618 that is 187.
Stoploss is 144 Weekly closing basis.