Another Script supporting wonders of PC ( Parallel Channel ) #WondersOfPC GHCL (CMP: 649.15) Technicals: -Respected the midline of PC at 680 levels and went down to lower line -Recently tested the lower line of PC at 600 levels and taking support of the same -Confirming candle for close above 660 will take to the target of 860 in near short term -For Swing...
NSE:LEMONTREE #LEMONTREE reached T3 with 21% BOOK/TRAIL to safeguard your profits.
NSE:AXISBANK #NSE:AXISBANK formed beautiful #Cupandhandle pattern. Closed above resistance level. sustained above the level may show good momentum.
Another Script supporting wonders of PC ( Parallel Channel ) #WondersOfPC ROLEXRINGS (CMP: 19699.15) --> ALL 3 Parallel Channels namely PC-A, PC-B & PC-C are of SAME WIDTH & SLOPE !! Isn't it wonderous!! Current Status: -At breakout level of PC-C Upper line -If the coming days candle goes above 1895-1900, it will be confirming BO -And if not, it will test the...
Just as we had stated on the last trading day, about the probability of witnessing a breakout of 17800 level. Fortunately, we have finally witnessed a crossover and a closing of above 17800, on the last trading day itself. As of now with the support of 17300, if Nifty manages to sustain above 17800 and stably cross over above 18090, then very soon the level of...
NSE:M_MFIN #NSE:M_MFIN 1.5 year old resistance BO..... Marked supply zone for learning.
NSE:SUNPHARMA #NSE:SUNPHARMA Ascending Triangle with Demand zone marked in 15mins chart. Earlier IDEA shared with previous demand zone and stock reacted 3% upside from that zone, refer attached chart. Now sharing fresh Demand zone.....
Banknifty on the weekly time frame has given a nice up move and gained 2.5%. There is a nice doji candle on the daily time frame. The market in the second half consolidated and has closed 200 points higher. On 15 minute time frame, has closed below the 20 ema. Support :- 40250, 40050 Resistance :- 40570, 40850 Banknifty has closed above 40k on the weekly...
NMDC forms cup with handle in the daily and weekly timeframe. It is likely to breakout soon. If it breakout up side we can expect a rally towards 145-150 price range (Estimated profit 17%) with the stoploss of 119 on closing basis (Daily timeframe).
NSE: GPPL is closing with a range breakout bullish candle supported with high volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along with the trendline support over the past few days which is creating the up trend. One can look for a 8% to 11%...
NSE: CARBORUNIV is looking for a breakout with a bullish candle supported with high volumes. Today's volumes and candlestick formation indicates strong demand and stock should move to previous swing highs in the coming days. The stock has been moving along with the trendline support over the past few days which is creating the up trend. One can look for a 9%...
GUJGASLTD | 200 EMA + Trendline support + Small momentum Perfect trend reversal - Has good room to capture 50%
Another wonderful thing about the Parallel Channel The candles of NAZARA have created exact same Parallel Channels in triple! The Parallel channels in the chart namely PC-A, PC-B & PC-C are exactly of the same width and slope! #WondersOfPC Analysis of PC: -Currently, the candle has taken support at Midline of PC-C at 650 levels -Opening above the level of 659...
What a trading day it was yesterday! Where after a gap up opening, Nifty showed us a downfall in its levels during the second half. However, it also managed to show us a beautiful recovery on the same day itself, as it ultimately gave us a closing of just near to our stated crucial level of Resistance of 17800. So, somehow today will be a very crucial day for...
BPCL | Things aligned properly - Looks good for investment than short term trading Quality stock High dividend yield, Discounted price, Has atleast 60-80% room to rally. Technically a good setup aswell.
As we can see NIFTY has been hitting its trendline resistance and has been hitting the trendline multiple times making it weaker hence any closing above 17800 can show more 150-200 points upmove, on the other hand if opens weaker we can see nifty getting rejected from this trendline, if opens strong we can see another rally coming up
NSE: AXISBANK has broken out from the consolidation range. Today's volumes and candlestick indicate demand and stock should move to previous swing highs in the coming days. The stock has been moving along with the trendline support over the past few days which is creating the uptrend. One can look for a 8% to 12% gain on deployed capital in this swing...
INFO edge is at very interesting place. I would prefer short here based on Friday's closing + Volume