Even though the chart is self explanatory, I have tried to compare NSE:NIFTY with NSE:INDIAVIX Blue line is NSE:INDIAVIX Brown line is NSE:NIFTY Dashed red line is trendline support and NF breaking above that Light yellow line is support line for NSE:INDIAVIX 2 possibilities exist - 1) India Vix continues to trade below or near the support line, and...
Hey everyone , Adani power looks strong bullish momentum candle and volume And triangle breakout ....more ideas follow me CMP -275 First target -285 safe traders Second target 290 I'm not give you call. Will be post for Educational purpose...
IRCTC cMP 583 DATED 7-7-2022 1. Hammer Candle at the bottom. Buy above 585 for a tgt of 600-620-640 SL 565 It is just a view, pls trade at your own risk.
BPCL | Good chart setup, looks good for 35% - INHS and Triangle patterns. CMP : 400 (Can buy in dip upto 370 in this setup) SL : 360 Target : 550 Almost 1:10+ risk reward setup (Including dip) Lets see if we can get the annual cylinder subscription cost from BPCL itself. Wish me good luck 😝
BPCL | INHS + Trendline breakout - Looks potential for 10% CMP : 365 SL : 350 Target : 400 1:3 risk reward setup
BPCL | Reversal from trendline support again - Looks good for 20-25% Buy 70% now, remaining in dip. CMP : 328 (Dip : 320) SL : 310 Target : 395 1:4 risk reward setup
NSE:BIOCON #NSE:BIOCON formed beautiful rounding bottom. Good above 322 Happy LEarning !!
NSE:EICHERMOT #EICHERMOT formed beautiful Ascending triangle !! Happy LEarning.
Bullish tweezer on monthly chart for jubliant foodwork
Look at the bank nifty chart at resistance and see the price action at the pivot level. I have written on chart the details of the move
TCS formed shooting star with MACD divergence in 1H chart. SL and Probable targets mentioned in charts. For learning
EMAMILTD | Channel breakout - Looks potential for 16% CMP : 435 SL : 415 Target : 505 1:4 risk reward setup
STERTOOLS | Simple channel breakout - Looks potential for 60% CMP : 269 (Dip : 250) SL : 225 Target : 350, 440 1:5 risk reward setup for first target
NIFTY weekly charts are in a downward trending channel forming lower highs and lower lows. Last week's candle shows hammer with the rejection from the bottom. Strong resistance is at 15925 and support at 15500 levels. Strong moves could be seen if these levels are broken.
LICHSGFIN looks good buy as it has support at downward sloping parallel channel and has given breakout of inside candle pattern. Buying around 300-307 with SL 290 for target 324,339
In weekly time frame Hdfc Bank formed a hammer pattern. Also after hammer formation candlestick pattern gives buying confirmation with SL of 1271.60. Possible 1:1 target is 1451.7. As weekly target takes time to achieve its great to buy this in equities rather than options. You can also see positive divergence. This is for learning purposes only. Thanks
ABBOTINDIA buy with multiple reasons - 1) Bounce from Demand Zone forming a Bullish Marubozu candle 2) Trendline support 3) Bullish strength even though Nifty gapped down and closed forming doji candle Going long around 16500-17000 with stoploss of 16000 makes sense for target of 18000 and 19000