For the past 20 days, this stock has been in trading in range. If the market sentiment is positive, this can breakout of its trading range.
We can see there is a clear range breakout and the price is near whole number ( Psychological Level) ~ 3000. If Market sentiment is positive, this might be a good buying opportunity for intraday.
Explaination mention above -: I am bullish above 565 level . Firstly ,let the market to prove us that this stock has some bullish momentum . we can't buy right now because the picture isn't clear . we will only buy above 565 for intraday purpose till 585 level. because we can see minor resistance at 565 . As you see last trading session it make hammer candle...
Follow for latest updates CMP- 297 Target- 303
Keep strict SL of 199 This is just for educational purpose.
I took a pilot position at 135.6 and I will be looking to add at minor corrections. Technical: stock quickly recovered from recent COVID-19 crash lows. It has surged around 100% from its low and held its gains. price wise, it looks strong Fundamental: This stock shows decent sales and profit growth. 5 years of sales growth - 8.28% 5 years of profit growth -...
The daily chart of Siemens India shows a good breakout with great volumes. A big green candle above its POC with moving averages crossover.
The stock has many tail that is it shows price rejection. Already formed a triangle pattern break was up-direction. Then followed up with impulsive wave and corrective wave. Currently the stock is near the small support line. Below the support line 535 can be consider as bearish. Buy 538-540 level target 554 to 568. stop-loss 10 point or based on your risk.
Technical Trade - Powerplay
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Add on every dip, we can see Rs 90 level in coming days. Hit like if you agree or comment your view on the same.
Daily demand zone coinciding in monthly demand zone plus EMA20 support.
Best Buy: 47700 Target1: 47800 Target2: 47850
This stock is making a bullish 'W' pattern in smaller time frame. Watch carefully in 15 mins & 5 mins chart. Enter above 658 with target 670 & 675 trail SL as it can break its high today USE Tight SL as market momentum is confusing! Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
Simple breakout! BUY above 280 Target - 300 Disclaimer : Only for educational purpose. Please consult your financial advisor before putting money into the market!!!
Zee Entertainment Enterprises Limited (ZEEL - NSE) generated a buy signal on 28th May 2020. after studying the trend it looks like the stock is good to buy an hold for at least a week, i.e. till 8t June 2020. This stock has had a history of resistances and is now going to set a new one. NSE:ZEEL
SIMPLE CUP AND HANDLE PATTERN ON CHART, IF IT BREAK RESISTANCE AREA , GO FOR LONG
Coal India: POSITIONAL BUY on close above 150 - 152.80 on daily charts. Expect targets of 180 levels. Maintain stop loss of 121. Overall stock market conditions are very important factor in positional calls.