NSE: KECL 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 10% to 15% gain on...
We did see a strong fall as we analysed in our previous analysis that if the last candle’s low is broken below we can see a strong fall and we did see that. Now if NIFTY manages to open flat and breaks last swing, we might see a continuation in rally and further downfall can be witnessed which can create a potential panic so plan your trades accordingly
Inside candle is formed on the weekly charts and Banknifty has closed only 130 points lower. There is a doji week and daily candle. 47400 is a major support level on the daily close. If market starts closing below it there will be a M pattern formtaion and selling can happen. Currently, it has closed around 61.8% daily fib. Reversal or bearish trades for...
NSE: RBA 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 11% to 18% gain on...
As we can see NIFTY has finally able to close above the trendline which signifies a strong buying being made hence we can expect every dip as a buying opportunity till this weekly doji kinda candle is not broken below which could lead to a strong fall so plan your trades accordingly
HDFCLife formed a double bottom and created a bullish engulfing candle on daily time frame on 4th Jan. The stock is trading near demand zone and if holds these levels, we expect to see a good upside. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India
In the Weekly Chart of NYKAA , we can see that, it is same range since 7 weeks. Now it has made a decision making candle. Enter on breaking its High with Low as SL.
In the Weekly Chart of RAIN , we can see that, after up move it has created a Halt Candle. Enter on breaking its High with Low as SL.
In the Weekly Chart of TIRUMALCHM , we can see that, it has given trendline breakout. Let it retest and then enter with SL.
In the Weekly Chart of HINDZINC , we can see that, it has mad a Inside Candle. Expected momentums are shown in charts.
In the Weekly Chart of BODALCHEM , we can see that, it is leading towards Inverted Head & Shoulder breakout. It has made a decision making candle. Expected momentum is shown in chart.
Coal India forming Cup and Handle pattern on Higher time frame. Target is huge.
Go Long above 3568.9 for Targets of 4070, and 4389.7 with SL 3295.3 Reasons to go Long: 1. On a Weekly timeframe the stock gave Trendline breakout. 2. If we draw the Fibonacci retracement tool from the swing low (point A) to the swing high (point B) then we see stock took support from the 0.5 Fibonacci level. 3. Also a bullish candlestick pattern Bullish...
Go Long above 488 for Targets of 511.8, 535.6, and 559.4 with SL 464.2 Reasons to go Long: 1. On a Weekly timeframe the stock gave Trendline breakout. 2. If we draw the Fibonacci retracement tool from the swing low (point A) to the swing high (point B) then we see stock took support from the 0.618 Fibonacci level. 3. Also a bullish candlestick pattern Bullish...
Go Long above 965.1 for Targets of 1044.7, 1124.3, and 559.4 with SL 885.5 Reasons to go Long: 1. On a Monthly timeframe the stock gave Trendline breakout. The stock was initially facing resistance from this trendline but now is taking support. 2. If we draw the Fibonacci retracement tool from the swing low (point A) to the swing high (point B) then we see...
NSE: JWL 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 11% to 20% gain on deployed...
MAHLOG | The perfect weekly close that we want Looks like the stock is bottomed out and new trend is taking place CMP : 448 (Dip : 420) SL : 375 Target : 780 #Lead
Current market sentiment suggests a slightly bearish stance as Nifty is trading higher than its 200 EMA