AXISBANK LONG WALK FOR BETTER MOVE1. A Nice Pinbar formed at strong support area.
2. 50 EMA shows clear uptrend direction.
3. It will definitely reach 1300 round number area.
4. Will update result once it reaches their destination.
Candlestick Analysis
SMT between NIFTY and IT?Have been back-testing indulging in ICT/SMC concepts and have been noticing bearish SMTs/divergences being formed between BANK, IT and NIFTY (higher highs and lower lows) every time NIFTY proceeds to correct heavily.
Seeing how IT dumped relative to NIFTY's run today, I was hoping to find something like this.
Could be context to an incoming correction.
-GSS
Morningstar with exaggerated rsi bullish divergenceIncrease in volumes
Morning star
possible range breakout
exaggerated rsi bullish divergence
overall uptrend
Titagarh Wagons - Train not to be missed!!Titagarh Wagons is looking strong and we can expect a 45% rise in price from current levels. Other factors:
1. Hammer candle at the right level on weekly time frame signifies trend reversal, buying at right levels.
2. Volumes were higher when stock was moving up, however, it were on a lower side when stock corrected - signifying strong stock.
3. FIIs & DIIs have increased stake
4. Wagon industry provides 55000 crores opportunity and Titagarh Wagons as a market leader along with its JV partners (BHEL, ABB, Firema Italy, etc.) is the right candidate to reap benefits.
Keep following @cleaneasycharts as we provide Right Stock at Right Time at Right Price!!
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GRSE (Reversal Indication On DTF + 4hr Time Frame)Garden Reach Shipbuilders & Engineers Ltd (GRSE) is forming reversal on DTF and 4hr time frame. The stock has given reversal from 200 EMA Level on 4hr time frame. The possible upside remains for 1950, 2100 levels. Support on the 4hr time frame is placed at 1670 levels. Also, the stock has formed bullish engulfing pattern on DTF with Good volume.
Disclaimer: I am not a SEBI registered analyst. All the stocks are for educational purposes. Investors must consult a financial advisor before making any investment. It is not a buy or sell recommendation.
IIFLSEC : Momentum Stock#IIFLSEC #tws #FVG #breakout #trendingstock
IIFLSEC : Swing Trade
>> TWS & FVG Visible
>> Bounce back from FVG
>> Trending setup
>> Good Strength & Volumes
>> Low PE Stock
Swing Traders can lock profit at 10% & keep Trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
HDFCBANK | Simple channel breakout - Looks good for 30%HDFCBANK | Simple channel breakout - Looks good for 30%
CMP : 1741
SL : 1550
Target : 2250
BIRLACORPN - Weekly AnalysisIn the Weekly Chart of BIRLACORPN,
we can see that; it is at decision making point.
Possible momentums are shown in chart.
SPARC - Weekly AnalysisIn the Weekly Chart of SPARC ,
we can see that; it is at decision making point.
Possible momentums are shown in chart.
APLAPOLLO - Weekly AnalysisIn the Weekly Chart of APLAPOLLO,
we can see that; it is at decision making point.
Possible momentums are shown in chart.
KAJARIACER - Weekly AnalysisIn the Weekly Chart of KAJARIACER ,
we can see that; it has become bullish.
Let it Halt and then give a strong breakout.
Possible momentums are shown in chart.
MAZDOC - BULLISH VIEW CAN GIVE BREAKOUT Market Cap
₹ 88,216 Cr.
Current Price
₹ 4,374
High / Low
₹ 5,860 / 1,742
Stock P/E
38.0
Book Value
₹ 310
Dividend Yield
0.63 %
ROCE
44.2 %
ROE
35.2 %
Face Value
₹ 10.0
Concord biotech making a King Candle.NSE:CONCORDBIO Making King Candle on a Daily timeframe with volumes higher than usual this price action is saying something with the pharma sector on the rise due to the bio-secure act in the USA.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
Zomato Looking Good after Piercing Candle.NSE:ZOMATO Looking good after forming piercing candle with good volumes today on daily timeframe, can go to 300 will be hurdle to watch.
Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making any investment decisions.
UBL in Rising ChannelNSE:UBL is in a rising channel in the daily time frame with good volume and can continue its upward move to ATH Levels.
ABFRL took support and channel breakoutABFRL took support near 310 and also done channel breakout and 325 level breakout. should move upwards till 345. Also good volume shown.
Long trade on Wipro My view on this script bullish for intraday.
Entry Criteria: Wipro wason uptrend and it took support on TRENDLINE & BREAKOUT and RETEST recent high with good volumes.
Targets : 1:2
Entry at 553.50
Target at 559.60
# itstocks #wipro #nifty50
Banknifty Weekly Analysis Banknifty has formed Bullish Engluf candlestick pattern on weekly time. It is also taking support from multiple moving average channel.
Swing Opportunity in Jindal SteelGo Long @ 932.05 for Targets of 958.1, 996.5, and 1020 with SL 906
Reasons to go Long :
1. On a Daily timeframe if we draw the Fibonacci retracement tool from the recent swing low (point A) to the recent swing high (point B) then we see stock took support from the 0.382 Fibonacci level.
2. In addition to this a bullish candlestick pattern Bullish Engulfing (marked with orange) is formed around the 0.382 Fibonacci level.
3. Also there is a strong Trendline (marked with green color) which supports the stock.
IIFLSEC : Bounce Back from FVG#IIFLSEC #Threewhitesoldiers #fairvaluegap #momentumpick #Trendingstock
IIFL Securities : Swing Trade
>> Trending Setup
>> Stock in Uptrend
>> TWS & FVG Visible
>> Price Respecting FVG and showing Bounce back
>> Upside Potential upto 20%
>> Low PE Stock
Swing Traders can lock Profit at 10% and keep trailing.
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Disclaimer : Charts shared for Learning Purpose only, not a Trade Recommendation.
BANKNIFTY just changed it’s character in last hour!!As we can see, A sharp RECOVERY broke all it resistance leading to new NIFTY’s ATH end closed at important RESISTANCE for BANKNIFTY. Any closing above 51800-52000 level can lead to new ATH for BANKNIFTY too so plan your trades accordingly.
Rounding bottom breakout in Infosys monthlyInfosys has formed rounding bottom pattern on monthly time frame.
Entry can be made at CMP 1950 for short term purpose and buy on dip till 1800.
SL - 1700
Target 1 - 2070
Target 2 - 2240
Target 3 -2500
