In the Weekly Chart of PAGEIND , we can see that, it has made a Hammer candle. Enter on breaking the candles High with low as SL and go very long for an year.
In the Weekly Chart of CAMS , we can see that; it has respected the Inverted Head & Shoulder. Enter on breaking the red candles High with low as SL.
In the Weekly Chart of BAJAJFINSV , we can see that, even after the breakdown, the selling is not strong. It has made a Halt candle, Enter on breaking its high with low as SL.
In the Weekly Chart of SBICARD , we can see that, after breakdown, it is holding its position and has Decision making Candle. Enter on breaking its high with low as SL.
In the Weekly Chart of HAVELLS , we can see that, finally it has given Trendline breakout and shown a recovery. Let it retest the Trendline and the enter with SL and Targets. Possible Positive momentum is shown in chart
In the Weekly Chart of WHIRLPOOL , we can see that; it is at decision making state. Enter on breaking Red Candle's High with low as SL. If it shows a up move we can see formation of Right Shoulder. Possible momentums are shown in chart.
In the Weekly Chart of ASHOKLEY , we can see that; After Cup & Handle breakout, it has formed a Decision making candle on Trendline. Enter on breaking its High with low as SL.
This is the update on the previous post, beautiful 1:3.4 RR
NSE: JAGRAN is closing with a bullish swing reversal candle supported with 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 the horizontal support for the past few days which is indicating demand. One can look for a 22% to 32% gain on...
As we can see we saw another rally in BANKNIFTY despite being sideways in the first half but closed at a crucial zone. In bigger time frame, we can see it forming W kinda pattern with multiple tests which has potentially made the zone much weaker! Hence if BANKNIFTY opens flat to weak any breaks today’s high then we may see a strong upmove but if opens very strong...
NSE: MPHASIS is closing with a bullish consolidation candle supported with 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 the horizontal support for the past few days which is indicating demand. One can look for a 13% to 19% gain on...
A bullish engulfing candle on the daily charts after a gap down opening is showing some positive momentum and there are possibility of market test 22k levels soon. Today the market remained in a bullish move from the morning and closed above the 20 ema. After a consolidation there was a good break out and market tested the resistance level of 21850. If there is...
Confirmations:- 1] strong bullish strength from weekly to 4h time frame 2] break of structure 3] Fibonacci 50% zone 4] imbalance area Target confirmations:- 1] buyside liquidity - 1:3.4 RRR
Banknifty has been trading in a wide range of 2000 points for last three week and is constantly trading around weekkly 20 ema. Though it has closed below the moving average and took a retest of 61.8% fibonacci level, giving a nice fall after it. Bullish trade in the index can be trade once it sustains above 46900-47000 zone as it will confirm a W pattern and...
NSE: NATCOPHARM is closing with a bullish consolidation breakout candle supported with 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 the horizontal support for the past few days which is indicating demand. One can look for a 12% to 18%...
As we can BANKNIFTY showed strong upmove as analysed in our previous analysis and we did see close to 2 percent upmove in single day and hence we still stand by our saying of buying the dip till our zone is respected but each time the zone gets weaker hence more of tests of the demand zone could lead to huge downfall as it would break both the trendline and the...
This is the update of my previous post on NZDUSD 4H sell setup , beautiful 1:3.5 RRR trade
NSE: VAIBHAVGBL is closing with a bullish swing reversal candle supported with 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 reversed at key support area which is indicating demand. One can look for a 12% to 19% gain on deployed capital in this swing...