1. Downtrend Channel breakout possible
2. Strong participation of bulls as no pull back
3. Resistance did not push the price lower
4. Price sustaining below the resistance is a sign of strength
Dear All,
So, it has been back to back two weeks now, that we have been witnessing the magic of the Morning Star formation on the weekly chart of Nifty.
Moreover, we have observed a V-shaped recovery in the Index, i.e., from 17800 to 16800 and then from 16800 to 17800.
Well as of now, the Index is trading at a very crucial level of 17800 ....
SPL Industries (D)
Charts is looking very good and forming the VCP pattern with volume with positive relative strength
Breakout done on weekly basis
CMP - 79 ( CAN BUY AT CMP AND ON DIPS NEAR 65-66)
TARGET - 88/116.50++
SL - 62 WCB
WIPRO (Monthly)
Retesting its breakout level
Longterm View Bullish Intact
Buying Range Started : 300-380
Reversal is expected now in Wipro soon
Accumulate now!!!!!
After Breakout of 17 year consolidation
Tight range volume buying is visible on charts with heavy volume on right side of chart
Best buy 295-300
Target for both shortterm and long term are mention on chart
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Share to spread knowledge
ADANI ENT is on verge of breakout
If break & sustain above 1600 it could perform very well in coming days.
Keep an eye on it💯
DISCLAIMER
( Educational Purpose )
All investments involve risk.
Please Do your analysis before initiating Any trade
Good luck !
Buy At 632
Stop Loss 607(CLOSING BASIS)
HEY TRADERS,
THIS PREDICTION IS BASED ON A HARMONIC PATTERN AND THE HARMONIC PATTERN IS 100% ACCURATE AND10000% RISKY BECAUSE IT IS AGAINST THE TREND METHOD...
HOPE YOU ALL FIND SOME VALUE Here...SO, DON'T FORGET TO LIKE AND SHARE THIS POST. DON'T FORGET TO SUBSCRIBE.
COMMENTS WRITE DOWN...
👉NMDC has successfully broken the triangle
and retesting at the support.
👉We could see an effective upper side
movement by bulls in upcoming days.
👉Great buying opportunity Don,t miss it.
Analyse more and take your position after
the retest is successful.
👉If it doesn't break the support we could have
a huge profit.
👀Keep an eye...
Hello Traders !
I am expecting good upside move in Britannia . if breaks the falling trendline & give the daily candle close above it
DISCLAIMER
( Educational Purpose )
All investments involve risk.
Please Do your analysis before initiating Any trade
Good luck !
