This stock is taking support and trying for upside at 0.786 retracement level multiple times. Can try upmove of 70-80 points with sl of 20 points
Eicher motors on the daily time frame has been trading in a narrow range of 50-60 points which is unusual of this kind of stock. The stock on the weekly time frame has tested its 20 ema and formed a hammer doji. The stock has been falling for 2-3 weeks and can give some retracement before continuing another leg. 3 point confirmation. 1. Taking support from 20...
28/11/2022 LONG SIDE TRADE SWING(4H) ABCAPITAL CUP&HANDLE pattern brekout in 4h tf with high volume. Risk adverser can wait for retest and risk taker can initiate the trade with buy above the high. ENTRY-136.1 SL-128.25 TARGET-144 R:R-1:1 It is ICING ON THE CAKE if it comes to 133.5.
28/11/2022 LONG SIDE TRADE SWING(1H) ABB Triangle pattern breakout and retested in 4H TF(LOWER TRENDLINE SUPPORT IN DAILY TF) Closed with hammer candlestick above 50 MA Risk taker can initiate trade with trading the hammer for that: ENTRY-3104 SL-3076 TARGET 1-3159 TARGET 2-IF TARGET 1 ACHIEVED CAN FOLLOW THE RISK ADVERSE TRADE Risk adverser can trade the triangle...
BANKNIFTY chart indicates consolidation for last few hours on last trading session in 15 min time-frame. Hence on 28th you can see a sharp rise or fall at the beginning of trading session. Doji candle formed on top in 1D timeframe, so we can monitor tomorrows session for more price action which will help us more on 29th November. Please do your own research...
As we can see NIFTY respected all our given level and heading towards its initial final resistance which is 18600 levels which could potentially act as a great resistance, till now NIFTY is strong and bullish indicating every dip to be a buying opportunity and hence only 18600 level is level to concerned about and if sustained above we can see 19000++ anytime sooner
INDOBORAX | Looks good to average again CMP : 148 (Dip : 138) SL : 130
NSE:GICHSGFIN shows two features making it perfect for breakout. The price has crossed the 200 DMA and the now 21 DMA is crossing the 200 DMA, indicating a bullish trend reversal. The daily candle is bullish engulfing. Trade: Buy above 159, SL: 154, T: 162/165
NSE:RBLBANK is about to show excellent breakout. Price is crossing the 200 DMA. It is basically a trend reversal as the order will be: Price cut the 200 DMA, then 21 DMA will cut the 200 DMA and then 50 DMA will cut the 200 DMA, uptrend starts. Volume is high. A Bullish Engulfing candle is formed in daily chart engulfing whole 1 week price action. Long...
HPL | Strong breakout - Looks potential for 55% CMP : 98 (Dip : 90, 85) SL : 80 Target : 155 1:5+ risk reward setup
Naukri Cmp 3955 dated 25-11-2022 1. Friday's Candle has engulfed last 5 days candles. 2. Bullish Candle @ the support Line & after a correction of 13 %. Buy @ Cmp for target 4050-4150-4250 SL 3840 It is just a view, pls trade at your own risk. Disclaimer : I am not a Sebi registered Analyst so please do your own Analysis before taking any action. The above...
Just as we had stated on the 21st of November 2022 itself, about the probability of Nifty achieving its target of 18500. Similarly, it was finally yesterday that Nifty managed to not only achieve this stated target level, but did also make a 52 week high of 18529.70, along with an all time high closing of 18484.10. Moreover, since today is the last trading day of...
As we can see BANKNIFTY after consolidation finally showed some great upmove which was very well analysed by us in the previous analysis! Now we can expect BANKNIFTY to remain sideways if opens flat to slight gap up and If BANKNIFTY opens weak we might see a volatile market coming this FRIDAY so keep watching everyone
MPHASIS Cmp 1941 dated 24-11-2022 1. After a correction of 22 % from recent high of 2447 today reversal sign seen on chart. 2. Bullish Piercing Candle @ bottom of chart. 3. RSI reversal 4. On weekly chart Hammer candle is made. Buy above 1950 for target 2050-2150-2235-2300 SL 1895 Disclaimer : I am not a Sebi...
The stock has been following a trend line from August 22 and finally there is a break out of the trend line. Wipro on the daily time frame has closed at 398 level above the 20 EMA. IT sector might give a nice up move as the sector has been under performing. The stock and IT index has gained over 2% on the daily time frame. 3 points confirmation. 1. Trend...
Another All Time High for bank nifty and nifty is yet to test its ATH. Banknifty on the daily time frame has given a closing above 43k levels and a bullish candle. Index on the hourly time frame, has formed a nice price action for the up move and given considerable movement in the closing hour of the session. The moment is still lagging on the intraday...
Nifty on the daily time frame has given a nice closing around 18500 level. The market has been facing resistance from 18440 levels and finally nifty has crossed the resistance level. Nifty, on the hourly time frame, remained in a bullish mood and gained 100 points in the closing hour of the session. Index slow and steady gained points and the closing near the...
HBLPOWER #WondersOfPC The last two days strong green candles after the support at Midline of PC, showing strength in coming days up move. We may see stronger BO than earlier one, if overall market movement doesn't fall. CMP is good to enter For Swing trading Strick SL will of 94.5 on closing basis. Target 130