Buysignal
Buy Opportunity: MCX trading all time highMCX which is Multi Commodity Exchange is trading above all time high of 1600.
The previous all time resistance of 1600 was broken and currently it is trading at 1636 levels.
We can buy this stock at these levels and wait, keep a stop loss of 1460.
We are looking at weekly chart so our investment horizon will be for 3 months to 12 months.
** ideas are of my own *** please invest as per your risk appetite **
Stock Analysis of HDFC.HDFC - CMP - ₹1724 Dt. - 18-09-2020
On a daily chart, you can notice that the stock is moving in the range from June first week. Red lines are marked to show the range. If you noticed the price has so many times touched the below red line and changed its direction and vice versa. But the stock has tried to break the upper red line which is acting as resistance line but started falling from very next trading session. Today stock has broken the below red line and given close ₹1724.
It's a good opportunity for swing traders as well as the long term investor who is planning to take the trade.
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Relaince Buy Signal For Short TermHere i am back with New idea for Reliance based on !D analysis. there is a inside candle pattern is created at reliance 1D chart it is a very good pattern
good for buying if reliance cross 2345 level our target will be 2490 and SL will Be 2250. here is note trade according to your money management.
dont invest all money in single stock also not in single trade