Buyingopportunity
BHARATI AIRTEL Intraday 15Min TFIn this Bharati Airtel Ltd chart, focus on 5min TF. You'll able to see that there is a ascending triangle pattern . Currently the price is at Major Resistance. The price has already reversed from that resistance. If the Price breaks the resistance, we can go LONG. The Ascending Triangle pattern is about to BREAKOUT. Bharati Airtel for 15Jun2022 can do in Intraday.
Infosys AnalysisAccumulation phase has started. Institutional investors have started to buy the dip.
Professional selling range:1708-1920
Buying range: 1590-1640
Hold Period 3-6 months.
Target: 1866(Fibonacci Retracement)
Rational: Accumulation/Distribution Technique, Price below 50 Day Exponential Moving Average
NSE:INFY
ITC Now showing Breakout SignsITC is looking very strong on charts and after a long time it's ready to give breakout above 265-270, you might see some very good movement here.
Levels are explained in charts
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
MOTILAL OSWAL FINANCIAL SERVICES above the RESISTANCE ZONE.In MOTILAL OSWAL FINANCIAL SERVICES (MOTILALOFS) a strong weekly closing above the resistance zone can be seen . after a long consolidation stock has come to point where it can show a good bull run or upside movement. Can be a good positional/short term pick with good risk reward ratio for the given target in chart. Go long with the strict stop-loss of 915 level (only on candle closing below basis). Previously when candle closed above the resistance zone ,showed a quick upside movement of 170 points move. so this time we can expect somewhat same movement. If you are long term holder this can be a good pick for the ultimate target of 1587 level.
ABOVE POSITION/ENTRY IS SUGGESTED ON THE BASIS OF SUPPORT-RESISTANCE OR DEMAND SUPPLY ZONE. TAKE THIS STUDY AS A EDUCATION, DO YOUR ANALYSIS BEFORE TAKING/ENTERING INTO THE TRADE.
THIS VIEW OF MINE IS PURELY BASED ON TECHNIAL CHART AND FOR EDUCATIONAL PURPOSE ONLY, BEWARE OF NEWS AND OTHER FACTORS WHICH CAN AFFECT THE MARKET SENTIMENT OR ANY PARTICULAR STOCK/SECURITY.
NATIONAL ALUMINIUM SWING BUYNational Aluminium is already in a strong uptrend.
Reason behind the swing:
1. Taking a support over the drawn trendline.
2. Morning star is made on the trendline support.
3. 55 EMA support.
4. Earnings announced are also good.
Entry will be when it gives a closing >=104 , as it may took a resistance from the zone of 102-104.
Entry : when closed above 104
Stoploss : 97.35 ( placed below the trendline and LOW of doji )
Target : 124+ ( previous swing high )
RR ratio --> 1:3
Disclaimer : This analysis/strategy is only for educational purpose and not be considered as any trading idea/tip. Please consult your financial advisor before you take any trade and we are no way responsible for your profits/losses. Thank you!
Will ITC be mooning soon? Buying opportunities..Looking at the chart, 234-240 had been a crucial level for ITC. For carrying up further or taking positions we might want to see its reaction to this zone. So, Go LONG if ITC sustains over this range or consolidates as it can give a good move towards 300 or above. Somehow if ITC breaks the zone towards downside, you might want to average out or buy at dips b/w 204-216. ITC must sustain over the current zone or show rejection from sellers for further rally. Before this huge move it had also formed up a Triple Bottom few days back that showed reversal and so it went pretty well. Here we will be getting up nice buying opportunities according to the setup.
Support at 1065Best stock for Long Term.
OPM - 63%
ROE - 25%
ROCE - 32.4%
ROIC - 27.5%
SALES 3Y - 22%
PROFIT 3Y - 25%
At this point many investors are in panic because of this stock going into ASM list. Any stock goes into ASM list if there is an unusual price action in very short duration of time.
At this moment just have patience. And wait for a reversal.
Support at 1065Best stock for Long Term.
OPM - 63%
ROE - 25%
ROCE - 32.4%
ROIC - 27.5%
SALES 3Y - 22%
PROFIT 3Y - 25%
At this point many investors are in panic because of this stock going into ASM list. Any stock goes into ASM list if there is an unusual price action in very short duration of time.
At this moment just have patience. And wait for a reversal.
SBI LIFE INSURANCE LONGOPEN CHART FOR ANALYSIS
Daily charts of SBI life shows that the stock has been moving in a specifies price range making continuous Higher Highs and Higher lows.
A few days back it gave a good breakout with volumes. And it showed a pull-back now and took support of the range line.
Also, if we look at the 1-minute chart of Sbi LIfe ins. (not able to upload multiple time frame chart, you may open 1-minute chart of sbi life ins), there are huge volumes towards day end which pushed the price upwards. This shows buying interest in traders.
Can take entry at this point with marked targets
Stop Loss- 1078, TRAIL STOP LOSS
FOLLOW IF YOU LIKE THE ANALYSIS
LIKE AND COMMENT WHAT YOU THINK ABOUT THIS..