NSE: JKPAPER 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 8% to 12% gain on...
THYROCARE | Channel / Trendline breakout - Trying to capture 40-50% CMP : 580 SL : 500 Target : 850 Almost 1:4 risk reward setup
Ambuja Cement (28 Nov 2023) Symmetrical triangle pattern breakout Hammer candles at support Breakout with strong volumes
A 1000 points move in one week and the market is giving a nice bullish move. On the daily charts, the market has tested the 45k levels this week and closed around 43800 levels. Nifty is trading around the ALL Time high but banknifty is still 1500 points lower than its ATH. There are chances of banknifty also forming a new ATH. Major trading levels for this...
Finance sector has finally made a new ATH and it was totally unexpected as there is a 3% move in both the finance indices. FinNifty has given a nice upside move today. It has travelled more than 1000 points after break out of the recent swing high around 19780. It has closed near to the day high which signifies some positive sentiment in the market. Even the...
NSE: NATIONALUM 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 8% to 11%...
Itc gives bullish breakout of flag and pole pattern. Resistance 480--500
TCS is forming either a bearish engulfing or dark cloud cover on daily. Potential short trade
TCI | 2 years range breakout - Ready for new heights CMP : 858 SL : 750
In the Weekly Chart of LUXIND , we can see that; after Cup & Handle failure it has made a Hammer candle. Enter on breaking Hammer candle's High with Low as SL. If it breaks Cup & Handle we might see a 15-20% up move.
In the Weekly Chart of FINEORG , we can see that, after Triangle breakdown, It is now holding its position. It has made decision making candle. Also, we might see a W pattern breakout. Enter on Decision making candle's high with Low as SL.
As we can see BANKNIFTY showed a unidirectional move as analysed in our previous post as it held up and sustained itself with the strong opening. Now watching thebgloval scenarios, we can again expect BANKNIFTY to open strong and hence until we are above the zone, every dip will be a BUYING OPPORTUNITY. There might be some volatility due to oncoming elections...
NSE: CANFINHOME 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 8% to 12%...
As per Short Term Trading Analysis Edelweiss Financial Services Ltd Looks Buy side. As per Data available on NSE Promoters are Increasing. and Volume is also Increasing. Buy This Stock Near 45-46 Level stop loss 37, target 70,80 Time Frame 7-8 Months Only For Educational Purpose.
Today's market had a clear direction in the first hour, but now the market is a little bit risky. Those who made money in the morning should opt out of trading entirely. However, the market might be sideways to bearish until 2 PM. Since today is the monthly expiry, its better to sell OTMs on a spike (44200 and 44700 with proper risk to reward). There can be a...
NSE: TTML 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 8% to 12% gain on...
Namaste! I have been tracking ITC for quite some time. Now, I see an upcoming bearish momentum in the coming weeks. Q: Why am I saying this? A: Well, all time high of ITC was Rs 367.70. It broke it's multiyear lows (of Rs 178.65) on 09 March 2020. So, it can be a long term pattern of "lower lows and lower highs". This price can be the next lower highs. Profit...
As we can see BANKNIFTY rallied over 700++ points which was much expected as we said BANKNIFTY has formed a doji and break on either side could show a unidirectional move and it did that. Now that BANKNIFTY has already rallied, we can see it closing at important supply zone which is not expected to be broken very easily. Hence, we can expect BANKNIFTY to take a...