Good Morning, Hope you had a great Stock Specific Momentum Trading Yesterday! Well as of now, considering the current market situations, we are still with our words to consider the level of 18090 as Resistance and the level of 17800 as support for the Market. In addition to which, since it’s a Month of Results, so more of a stock specific momentum will be...
After the result date TCS has fallen with a gap down, since a downtrending market is in place. With a long bearish candlestick, which is followed by a Doji Star shows an indecision and gives a sign of possible trend reversal. Just like the regular Morning Star, confirmation on the third day fully supports the reversal of trend. This type of Morning Star can...
BTC Moon is on the way for 2022. 1. Close the 2M candle at 57.5K 2. The BTC Top will be at 141-145K 3. Next Support will be between 30-60K If Fails to close at 57.5K 1. Next Stop at 35K 2. If That Breaks 20K or 14K
As per the 2 Hour Chart of TV TODAY NETWORK, we have witnessed the Formations of “Bullish Harami” as well as “Inverted Hammer” on the chart. Therefore, we are expecting a bullish momentum in TVTODAY in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 424.74, 433.50, and 441.75. Whereas, on the...
As per the 2 Hour Chart of WOCKHARDT LIMITED, we have witnessed a Beautiful Formation of “Morning Star” on the chart. Therefore, we are expecting a bullish momentum in WOCKPHARMA in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 435.3, 440.3, and 450.75. Whereas, on the other hand, on the...
Good Morning! Since few days now, we have been suggesting to wait and watch for either a break through down the level of 17630 or a crossover of above the level of 17800 by the index. Similarly, now that we had witnessed a closing of above 17800, i.e., a crossover of above the resistance level, we will wait and watch for today’s closing, in support of the...
A very smooth and curvy reversal of weekly trend. A successful retest and breakout of previous high will give momentum to the stock. MACD & RSI indicator is very positive. Its above 20 & 50 MA. I am very confident on this trade in a long run.
Buy above , a open close in 4hours after completion of 406 , Why ? Consolidation at downtrend !
Everything should be pretty clear from the image but I waited for the trendline to break and the chart used the previous support as the new resistance. The chart also formed a bearish engulfing pattern on the chart which was the second confirmation. The third confirmation was the downtrend momentum on the RSI which was below 50 and that was enough for me to enter...
Hinduja Global is currently down to 2800 levels. The stock is in down trend and so for those who wish to buy it (and do not want to miss it) should patiently wait for it to touch the 2650 levels. The stock can easily breach this level. Further if strong down trend on daily chart is observed then wait for it to touch 2400 levels. This would be a good place to buy...
BHEL breakout and closed on above price of 60. Buy for short term at current level of 60 with SL of 50 for Target 68, 72, 74.
NSE:TALBROAUTO Powerful Cup and Handle Breakout on Weekly Charts Buy at CMP (330) to 275 Potential : 50% - 80% Targets - 400 - 482 - 579 SL : 260 Weekly RSI > 75 and CMP above all Weekly Averages
As analysed we did see a sideways to volatile market this weekly expiry with string shirt covering at the end ! It remained between the range between 37000 to 37800 and hence these levels would again stand important and the trend could only be identified if either of these levels are breached and sustained above
NSE:BATAINDIA too showing good setup Strong Consolidation & breakout above 1235 support zone below 1100 Near 100ema crossing
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
risk: Reward ratio is 1: 2 Rest as per Charts ******** Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells “where” to act in “what direction. Unless it triggers, like, let’s say the candle doesn’t break the level which says “Buy/Sell if it breaks”, You should not buy/sell at...
Inside Candle formed on Daily. POSSIBLE TARGETS Buy Above ( 37862.40) Also Stop-Loss For Sell Side If Breaks Above then Upside Targets can't Be ruled Out ============================================ TGT 1 TGT 2 TGT 3 TGT 4 TGT 5 TGT 6 38968.40 39521.40 40074.40 40627.40 41180.40 41733.40 Sell Below ( 36756.35) Also Stop-Loss For Buyl Side If Breaks Below...