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
M&M on monthly time frame is in OVER BOUGHT Zone. A retracement is much needed for the stock. Shooting star is formed on Daily TF.
Yet another day, and Nifty had failed to decide its new way. As it has been almost 11 consecutive days now, that Nifty has been trading in a consolidation zone. From which, just as we had stated earlier, similarly we can say that the index is somehow creating a platform for a new rally. Moreover, by Today or Tomorrow, we can expect to witness either a breakout...
As we can see BANKNIFTY looking like it has retested itself breakout level as previously acting as resistance, is now acting as support and despite of huge gap down, we saw great recovery, now it is expected to continue its bullrun if opens flat to strong
This analysis comprises of both price action and smart money concept. A huge rally is waiting in SAIL, try to use it guys !!
PEL Cmp 1029 dated 7-9-2022 Bottom PICK 1. Reversed from Support Trendline. 2. RSI Reversal 3. Bullish Engulfing Candle Buy above 1035 for tgt of 1070-1105-1140 SL 985 It is just a view, pls trade at your own risk.
NSE: GHCL 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 7% to 12% gain on deployed capital in this swing trade. The...
NSE:TATASTEEL #NSE:TATASTEEL formed beautiful ascending triangle. Trading @ resistance level, tested twice. Good for short to medium.
Just as we have been stating these days, similarly Nifty is consistently trading in an indecisive mode. Rather we can observe how the index is struggling to cross over the big candle that was made on 30th of August 2022. However, we are still with our words, that with the support of 17300 on closing basis, a cross over of above 17800 will bring a substantial...
i have done in depth analysis of Granules India daily chart. Hope you like it. Kindly press like button if you do. Thank you. 1. Granules daily chart since March 2022 is presented here. 2. Granules display a classic double bottom double top pattern, indicated by the letter W. 3. on the downside, it took 23 bars, or 36 days, to go from a high of Rs.327 to 237, a...
NSE:JSWSTEEL #NSE:JSWSTEEL formed #cupandhandle and Ascending triangle, marked on chart. Expected target 730. Check out the attached idea shared earlier with ascending triangle. SL as per your risk capacity.
Just as we had stated yesterday, similarly Nifty still seems to be in an indecisive mode. So, the level of 17800 will now be a trigger. Above the level of which, we can see a sharp rise in the Index. Moreover, this sharp rise can be utilised for partial profit booking. Also, till now, the stated level of 17300 has been a very crucial support level for the Index....
As we can see BANKNIFTY finally brokeout of its important level and closed above 39800 but now heasing towards its crucial level which ia 40000 which is also a psychological level and has acted as a strong reactive level hence we can expect BANKNIFTY to get some rejection around this level before finally continuing its bull run, we will only go long positionally...
MSUMI | Simple flag breakout - Looks good to capture 20-30% CMP : 83 (Dip : 80) SL : 86 Target : Based on pole length, can expect 20-30% in short term (or) Minimum hold until 1:3 risk reward
ASTRAL - #Breakout done and Looking Good for Retest as RSI is high at the moment. Looks good for target of - 2500 Period - within 1-3 months
Ascending Traingle breakout happened for NSE:WELCORP Can hold for short - medium term range for 3-6 months for the following targets. Target 1 - 263 Target 2 - 300 * Not a financial advice. Do your research before investing.
Good Morning! Just as we had stated on the last trading day as well, similarly, we can see that the index continues to trade within its consolidation zone of 17300-17700. It seems as if the index is somehow creating a platform for a new rally. Besides, we are still with our words that with the support of 17300 we are still positive on the Market, subject to any...