A clear bullish candle at a long trendline can push the price a few pips higher.
NSE: BEPL 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 13% gain on...
The stock has formed a clean and clear cup and handle pattern and can give more than 22 % returns in short period of time 2954 is the first target after that the stock can gace resistance at the 3238 levels the stock has absolutely great fundamentals and can give ggod returns for long term as well
NSE: COFORGE 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...
Deepak Nitrate Cmp 2076 dated 9-11-2023 1. Evening Star Candle 2. RSI Divergence Sell below 2065 target 2045-2020-1990-1960 SL 2125 It is just a view, please trade at your own risk.
As we can despite the weakness BANKNIFTY took support exactly at our demand zone and reversed strongly over 300++ points and closed above our demand zone showing the strength. Now looking at the global cues, we can expect BANKNIFTY to open strong and if BANKNIFTY manages to sustain its strength then we may see a unidirectional up move tomorrow so plan your trades...
#GPIL + TIGHTNESS + IB + ABOVE 644 LOOKS GOOD! + SL will be mother candle low!. + Might trigger as soon as monday!
As we can see despite breaking down the rising wedge pattern BANKNIFTY managed to break the supply zone of 43700-43900 making it strong hence any flat to weak opening around given levels could be a good buying opportunity unless the following pattern breaks below so plan your trades accordingly
USOIL WTI Bullish Engulfing study This chart is only for educational purpose
A hammer buying trade seen on 1 hour time frame RR-1.67 This chart is only for educational purpose
NSE: APTUS 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 8% to 12% gain on deployed...
As we can see BANKNIFTY has finally shown signs of reversal from our supply zone as analysed in last previous posts. We can also see more like a rising wedge pattern which also acts a catalyst for bearishness hence any closing below the trend line with flat opening could be a good selling opportunity so plan your trades accordingly
L&T Cmp 2929 dated 31-10-2023 1. Doji Candle 2. Excellent set of numbers 3. Good RRR Buy above 2952 or risky traders can buy @ mkt target 2975-3000-3050-3075-3100 SL 2850 #Earnings Update: #L&T Solid set with record orderbook backlog Rev at 51024cr vs 42762cr PBT at 4991cr vs 3936cr, Q1 at 4332cr PAT at 3855cr vs 2819cr Solid OCF 🔥 At 4181cr vs 621cr It is...
NSE: KIRLOSIND 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...
As we can see BANKNIFTY failed to sustain and remained sideways to negative throughout the day as analysed in the previous analysis ! Now if BANKNIFTY fails to break the given zone then we may again expect a negative to sideways market for coming trading session until it breaches the given supply zone so plan your trades accordingly
NSE: CUMMINSIND 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...
Gppl weekly chart looks good for more upside. Upside volumes are rising.
As we can see BANKNIFTY has been weak in the first half after opening at supply zone but it did recovered strongly in the closing hours. Now that it had again closed around SUPPLY ZONE, we can again expect some weakness in first half in opens flat to weak within that supply zone in the first half so plan your trades accordingly everyone