In the Weekly Chart of ASIANPAINT , we can see that, there are 2 possibilities for upcoming momentums. Trade where market takes the stock.
In the Weekly Chart of TPLPLASTEH , we can see that, after the Big Cup & Handle failure, it has created a vert strong bullish candle on trendline. Enter at 42 with SL as 38.50. Book your profits as per your RR trade plan. If you want to go long then hold till 72.
Head and shoulders in making, a break below the necline can bring in some correction, Just chart, charts speak
In the Weekly Chart of PAGEIND , we can see that, it has respected the range. From next week onwards we might see upward momentum.
In the Weekly Chart of ZYDUSWELL , we can see that, it has created a bullish hammer candle on trendline. Expected momentum is shown in chart.
In the Weekly Chart of TCS , we can see that, it has given strong Trendline breakout. Let it retest the Trendline or enter on retest with Candles Low as SL. Expected momentum is shown in chart.
In the Weekly Chart of RADICO , we can see that, it has retested the Trendline of Cup & handle breakout pattern. We might also wee W pattern breakout if it moves in upward direction. Expected momentum is shown in chart.
In the Weekly Chart of TATACONSUM , we can see that, it has given Trendline breakout but it is not strong. Let it retest the Trendline or enter on retest with Candles Low as SL. Expected momentum is shown in chart.
In the Weekly Chart of HDFC , we can see that, please take an entry if it creates a Bullish candle in Daily or Weekly Time Frame on the trendline. Trendline is shrinking in upward direction. keep a watch for good gains.
In the Weekly Chart of BAJAJFINSV , we can see that, it has made a decision making candle. It is about to form a Cup & handle if the momentum goes in upward direction. Possible momentums are shown in chart.
In the Weekly Chart of BLUESTAR , we can see that, it has given strong Trendline breakout and retested it. Enter on retested Trendline with Candle'ss Low as SL. Expected momentum is shown in chart.
In the Weekly Chart of BALKRISIND , we can see that, it has given strong Trendline breakout. Let it retest the Trendline or enter on retest with Candles Low as SL. Expected momentum is shown in chart.
NSE: MUTHOOTFIN 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...
As we can see despite the strong opening NIFTY fell unidirectionally but took support at yesterdays closing and showed slight RECOVERY in the end. Now that NIFTY can be shown signs of indecision in smaller time frame which shows NIFTY can remain sideways to negative in coming trading sessions but is BULLISH in LONGRUN until it sustains above given zone so plan...
NSE: BALKRISIND 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...
As we can see NIFTY has exactly REVERSED from our levels as analysed in our previous post after much of consolidation. Now looking at chart we can expect NIFTY to continue its BULLISHNESS unless it breaks below 19860 then we cam expect some serious retracement till 19600 till then every dip is a buying opportunity so plan your trades accordingly.
GRASIM | Cup & Handle breakout - Relatively a safe bet for 40% CMP : 1930 SL : 1700
NSE:LT Larsen & Toubro Ltd, commonly known as L&T, is an Indian multinational conglomerate company, with business interests in engineering, construction, manufacturing, technology, information technology and financial services, headquartered in Mumbai & Technical services, headquartered in Chennai. LT forms Shooting Star after an uptrend and gave closing below...