SARLAPOLY took support at Monthly resistsnce and Supply Zone after the BO and a pullback🔥 A Round Bottom Formation is completed now. -CMP 64.95 -Support 60 -Resistance 70/75
Stock is near All Time High Above 642 Looks good Weekly Closing basis Stock is given Weekly Breakout with Volume Strict Stop Loss is below 600 as its seems good support zone.
( *** All time high *** ) ( Daily , Weekly and Monthly Breakout ) it given good breakout with huge volume in Daily Time Frame. One can Enter above 155 and Stop Loss is below 146 Target Open ( Hourly ) On Daily Time Frame Support is 138-139 and Stop Loss Below the Support. Support seen near 149-148 in Hourly Time Frame. SO ABOVE 155 EXPECTED 10%...15%...20%
( *** All time high *** ) ( Daily , Weekly and Monthly Breakout ) One can Enter Between 740-750 and Stop Loss is below 705-700 Target Open Support seen near 710-720 in Hourly Time Frame. SO ABOVE 750 EXPECTED 10%...15%...20%
#Gujarat Ambuja Exp is trendy at the moment and Making continuous Higher High and Higher Low, At the Moment #stock is at Higher Low, followed by #Priceaction. Buy with the Calculated SL and can Ride the trend. Safe players can book 1:1.5. Do your own Analysis before any trade. #TradewithConviction
As we can see despite the weakness, BANKNIFTY managed to close strong with hammer kinda candle in daily time frame. Despite BANKNIFTY closing below the psychological level, we can still expect BANKNIFTY to show strong reversal which could also be fuelled by the approval of LIC which can have over 9.99 percent stake in HDFCBANK so plan your trades accordingly.
Shalby created Cup and Handle pattern and Gave a breakout. A good upside movement can be seen. Keep Watching it. Note: Please do not trade based on this Analysis. This is just for educational purpose. Do you own research before investing.
Deepak Nitrate Cmp 2448 dated 5-1-2024 Weekly Chart (Positional Swing trade) 1. Dark Cloud Cover @Resistance 2. RSI fall 3. Good RRR Sell below 2415 target 2375-2350-2325-2250-2200 SL 2525 It is just a view, please trade at your own risk.
ACC cmp 2260 dated 18-1-2024 1. Hammer Candle @ trendline support Buy above 2268 target 2300-2325-2350-2385-2400 SL 2200 It is just a view, please trade at your own risk.
NSE: RICOAUTO 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 8% to 13% gain on...
Hello traders! Today’s spotlight is on NSE:BHEL stock, which recently surged but is now flashing a reversal candle pattern. Here’s a quick rundown: Rapid Ascension: BHEL experienced a swift climb, catching the market’s attention. Reversal Indicators: A reversal candle pattern has emerged, suggesting a potential shift in the stock’s trajectory. Chart...
Over Sold Near Long term Support with powerful reversal Candle.. Buy wiht stoploss of 6162 Loss Expected (6.17)
Nifty on weekly and daily time frame has formed a engulfing candle and chance are there of market going down if it breaks below 21500 level for intraday. It has been taking support from the daily 20 moving average and rejection from 50% fibonacci level. If market tries to move up side it will hit the resistance levels of 21800. In case the level is crossed and...
Banknifty is taking support from the weekly 20 ema and has formed a bearish engulfing candle on the charts. The movinga averages are being respected by the market, it is hovering between both 20 and 200 ema on daily charts. A consolidation is there in between 50-61.8% fibonacci levels. It has been trading in a similar range for last 3 trading session and this...
NSE: RELIGARE is closing with a bullish spinning top 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 15% to 23% gain on...
One side fall in the stock has impacted the indices too. HDFC bank, is heavy weight in index, fell 140 point or 8.5% created a sell off. It took a retest of 200 ema and has closed below both the averages. It may give another red candle tomorrow. There stock has closed around a support zone and chance of testing 1500 levels are high. Short position can be...
SBIN is trading around the highs and if forming a bullish flag and pole pattern. For last 3 weeks it is holding on to the higher levels. A nice bullish trade can be capture for a 10-12% move in near future. A nice move it has already given and it can touch another milestone of 700 in this quater. Break out can provide a nice up move in the stock. Positional...
As we can see BANKNIFTY is showing signs of REVERSAL around trendline which has been respected by BANKNIFTY in bigger TIME FRAME. Hence if BANKNIFTY opens flat and crosses 46200 then we might see another strong unidirectional upmove in BANKNIFTY so plan your trades accordingly. JAI SHREE RAM