In the Weekly Chart of CROMPTON, we can see that, it is same range since 4 weeks and now it has created a Bullish hammer candle. Also, it will lead towards Cup & Handle breakout if s shows a up move. Expected momentums is shown in chart.
In the Weekly Chart of ORIENTELEC , we can see that, it has created 2 Pin bars near Support level. Enter on breaking its high with low as SL.
In the Weekly Chart of MOTHERSON , we can see that, it has made a Decision making candle near support. Possible momentums are shown in chart.
NSE: RVNL 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...
#orientcem #patterntrading #insidebar #insidecandle #inverseheadandshoulderpattern Orient Cement : Swing Trade / Short term (1-3 months) >> Good Trending Stock Setup >> Good Inverse Head & Shoulder Breakout >> Inside bar Formation after Breakout >> Good Strength in stock Swing Traders can lock 10% profit & keep trailing Please Like or comment if u r Liking...
Escorts Cmp 3076 dated 3-11-2023 1. Rectangle Consolidation, taken support @ lower end & at support. 2. 10% correction from top. 3. Hammer kind Candle Buy above 3100 target 3150-3190-3240-3280-3340 SL 3010 It is just a view, please trade at your own risk.
Bajaj Auto is showing ATH breakout on monthly chart with good amount of volume. Marubozu candle on ATH show's great strength of the stock. The probability of success is approx 80-90% according to the previous data. Please do not forget the Disclaimer and Disclosure. CMP : 4431 TG : 5600 SL : candle's low R/R : 3 times (Risk to Reward) Stock's selection based...
LALPATHLAB | Channel + INHS breakout - Looks potential for 40-50% CMP : 2680 (Dip : 2500) SL : 2200 Target : 4100 1:4+ risk reward setup
As we can see BANKNIFTY has been maintaining itself in the channel and getting rejected from the trendline as analysed. Now we can expect BANKNIFTY to finally break and show directional move as the lines has been tested multiple times already making them weak hence any closing around either of the side could show a potential directional move plan your trades...
Huge bullish candle breaking the trendline indicates sharp upmove from here.But should not forgot to maintain the risk also here with a trendline stoploss and a breakout candle below stoploss.
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