Looking at this candle charts last 3 days consolidation and today spinning bottom kind of candle🕯 My r:r is very good only stoploss of 3100 maximum till it's results My first target is 3300
CNXIT (NIFTY IT) | Go big on ITBEES - Relatively safe bet for 25% short term
As we can see despite the global weakness that led to the fall of NIFTY, it managed to recover sharply in closing hours which shows the strength of the index. Now we can see NIFTY staying in this range for a while unless it finally gets in a particular direction so plan your trades accordingly
NSE: DMART 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...
Banknifty has been trading in a range and closed in the same range losing 185 points. After the first hour fall the market consolidated and remained inside the first hour candle. On the hourly charts, market has closed below both the moving averages. Market has been consolidating for a few day and tomorrow is weekly expiry. Even on the smaller time frame,...
Might be a good setup from here as we are in an order block , quick scalp with good RR
As we can see today despite the weakness NIFTY mangled to sustain above 19500 level and this psychological level acted as a GOOD SUPPORT. Now following the global cues we can expect a very weak opening for NIFTY and hence looking for next eminent SUPPORT, we can see a pending GAP around 19200 which can potentially act as a SUPPORT and any signs of REVERSAL around...
The Nifty Oil and Gas sector looks bullish on daily charts. Daily Chart This week we see the weakness in the momentum when we have a negative HA candle with a strong body on the 13th of September. Now the momentum tried to recover from the weakness with 2 green HA candles. But both of these candles have a weak body. Weekly Chart The price looks bullish on...
NSE: STARCEMENT 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...
Shoe as a Industry witnessing huge demand so one can look at this stock as trade to medium term opportunity cmp 283 can add now to level of 255 with SL of 225 for target 333/370/400/433. Small hurdel near 300
In the Weekly Chart of IKIO , we can see that; it a fresh chart in forming. Halt candle is created. Possible momentums are shown in chart. If it breaks Halt Candle's High we might see a 15-20% up move. Enter on breaking Halt candle's High with Low as SL.
In the Weekly Chart of MAHLOG , we can see that; after strong breakout, it has retested properly and a Halt candle on Trendline. If it breaks Halt Candle's High we might see a 15-20% up move. Enter on breaking Halt candle's High with Low as SL.
In the Weekly Chart of LATENTVIEW , we can see that; after range breakout, it has retested properly. Enter at 420 with 416 as SL. Expected momentum is shown in chart.
In the Weekly Chart of ASAL , we can see that; after Inverted Head & Shoulder breakout, it has retested properly and created a Halt candle on Trendline. If it breaks Halt Candle's High we might see a 15-20% up move. Enter on breaking Halt candle's High with Low as SL.
In the Weekly Chart of DREAMFOLKS , we can see that; it has shown a strong up move from support. It might show a W shape recovery from support. Possible momentums are shown in chart.
In the Weekly Chart of ELGIEQUIP , we can see that; it has created a Halt candle. Possible momentums are shown in chart. If it breaks Halt Candle's High we might see a 15-20% up move. Enter on breaking Halt candle's High with Low as SL.
In the Weekly Chart of UPL , we can see that; it has made a decision making candle. If it breaks Halt Candle's High we might see a 15-20% up move. Enter on breaking Halt candle's High with Low as SL.
In the Weekly Chart of JKLAKSHMI , we can see that; it has formed a Hammer candle on Support. We might see a bullish momentum from here.