Cup and handle breakout. A new rally can start once it crosses 926 levels with good volumes. It can once retest the breakout levels. Can add small quantities near 900 levels
On the weekly chart, Share after hitting 3400 level on a closing basis drop down to its support level from which last time it rally. From the chart, it's clear that it makes inverted head and shoulder near 3000 and if it holds support level at 2800 then. For short term target is 3200 from the current level For Long term target is 3400 in 6 to 9 months.
NSE:ITC its price channel pattern and given breakout with good volume and crossing rsi 60 gives good hope for long Note: I'm not a Sebi registered guy, Consult ur analyst before investing
NSE:TATASTEEL Looks good for buying levels are mentioned in the chart Note: I'm not a SEBI registered guy, its only for educational purpose
PNB Daily Chart Reason for Bullish view : 1. Multiple Entry on Trendline indicates Buy on Dips. Refer Green Up Arrow. 2. Candle above 200 Moving average indicates bull run about to start for long term. 3. Daily Trendline break out with 200 MA breakout indicates confluence Trade so entred at 39.55 4. RSI Bullish Divergence in Daily Time Frame indicates Bulls are...
NSE:SBICARD SBI Card looks good for buying in multi time frame analysis In weekly, it has created hammer at very strong support, can buy above last week high, and Stop loss below previous week low In daily Piercing candle and good volume Rsi moving above 40 in daily which shows sideways or uptrend market Open interest showing short covering and long buildup...
BATA India - 30 min Analysis buy above 2100 closing basis target 2150-2200-2150-2300-2400-2500 Sl below 2050 - candle closing basis
The Idea is to go long. Targets and Stop loss shall be based on your risk taking capability and style of trading A Small retracement can happen to test back the Support so be cautious and take entry as per your own analysis If you have any doubt I'll be happy to clear it out. :)
Clear breakout in TATA Motors on a daily and weekly basis. Tata Motors already filled the gap and made strong support. You can buy it at Rs 495 and in short term, it will go to Rs 512. Once it will cross the Rs 514 then it can test the level of Rs 536 and after that, if it breaks the Rs 536 level then it will move towards the sky. # Stay Safe, Stay Healthy and...
NSE:JAYAGROGN The analysis is simple 25 ema crossing 50 ema ( faster ema is crossing slower ema from below ) which is a long signal is mixed with some more technical analysis as you can see in the chart. The stock has given a good breakout and retraced just like the textbook picture. Invest only if breaks the resistance and shows good price action (HL and HH),...
Here are given both options for Buying and selling please act accordingly Book the profit between the yellow lines And please Do notify me if I'm doing anything wrong
The trend resistance on weekly chart and other technical parameters indicates a target of 575 in a week duration
IOC Last time when the stock was at 117, we had given a Buy for IOC with target of 126 / 132 The stock retraced exactly from 126 odd levels and is now taking support at 50 day EMA sub 120 odd levels The stock is showing signs of strength and may be poised for it's 2nd target of 132 and could possibly even test the highs of 141 in medium term Above 142,...
NSE:INFY INFY may be a very good opportunity for long if gives any bullish signal or may go further down
CMP: 2477.85 Magic level In reliance completed inverted Cup and Handle Target. Now wait for magic level. Magic level above stock 2687 or index over all bullish Magic level below stock 2687 or index over all bearish. Feel free to share your feedback and queries. If you want to know about your stock please mention in comment.
Stock again into channel Strong candle at overbought territory Stoch positive signal Buy @ 710 Target 790 SL 690