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New India Assurance Company Ltd - Good for Investment PurposeAdd "New India Assurance Company Ltd" | NSE: NIACL to your watchlist. Good, Investment Opportunity if breaks the upper resistance as shown in the image.
It is forming an inverse head and shoulder pattern.
Disclaimer: This is for educational purposes only. I am not a SEBI registered advisor. Please consult your advisor before investing.
Happy Trading and Investing :)
EXAS - long opportunity
On looking at EXAS on 15 minutes timeframe, the set up appears that price will go up. So, a buy at 126.59 with stop loss at 123.79, could be a profitable trade.
On daily, it has been attempting to cross the earlier highs. Taking entry on 15 min tf, will give a low risk entry at present level.
Reliance - Wait for the levels 💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
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Adani Power: Looking for alternative powerAdani Power
CMP 47.35
- We observe a sudden surge in the stock from 34 odd levels to 64
- the red zone has acted as a major resistance zone since 2013
- it again acted as resistance and the stock has tumbled to 47
- this could be a case of pump and dump however at current levels of 47 the stock is at multiple support zone levels
- & if the stock is able to hold on to this zone of 38-47, then the chart pattern has a strong probability to go past the big resistance zone around 66 in it's next attempt
- once it crosses, doors would open up for movement towards 96 / 115 levels
One may consider buying in staggered manner for medium to longer time horizon.
Pattern gets invalidated if trades below 34
Take care & safe trading...!!!
Disclaimer:
- The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- Do your own analysis and consult your financial adviser if need be
ONGC - PRICE ACTION ANALYSIS💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>