ICICI PRULI is facing resistance at 581 and make strong bearish candle with high sell. It has high potential to touch 551 price. Target price :- 551 Stop loss :- 587.5
Short MuthootFin Below 1346, SL of 6 - 8 points for Target of 1330. Reason for trade RSI Divergence, Weekly TF candle is shooting star. Avoid trade if opens big gap up Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you think this idea is use...
Dear All, First of all, wish you all a very Happy Independence Week and a Week of Financial Azadi. Furthermore, we are expecting that for this trading week as well we can witness a sideways momentum in the Market. So, we will have to wait and watch for a clear cut indication, i.e., either a breakout of above 19550 or a breakdown of below 19300. ...
FinNifty has closed below the swing low and for consecutive 3 weeks it has given red candle. The market tried to retrace from the 19730 levels but this time it has closed below it. On the daily chart, there is a low formation, retest and again it is forming another low. The bearish trend is confirmed and once the index start trading below the previous day low...
Nifty50 trading in given range #support 19200 #resistance 19650 19200-19650 educational idea only
Banknifty has started trading below the previous swing low and closed below it. Volume are getting low on the weekly charts and it is near to the 20 EMA, there are chance of market testing the moving average. On the daily charts, banknifty has formed a bearish candle and after retesting 50% levels it has started trading below the swing. There is a bearish trend...
Short NTPC Below 213. If you see the price taking rejection near 214 level line as shown in the chart then can enter in trade with SL of 214 and target of 210.5(near 20 EMA on Daily TF). Reason for trade, RSI is week. Stock price has broken down the consolidation zone and trading at days low. Weekly candle is big inside candle with no signs of buyers from lower...
Axis Bank looks weak below 947 can see price of 939 and 927 if trades below 947. RSI also looks weak. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before taking trade. If you think this idea is use full please like and share and follow Thank you for reading my idea
In the Weekly Chart of HINDPETRO , we can see that; it has formed a Hammer Candle on Support Trendline. Possible momentums are shown in chart. Enter on breaking its HIGH with LOW as SL.
In the Weekly Chart of ASAHIINDIA , we can see that; Decision making Candle is formed near Trendline breakout. Possible momentums are shown in chart. Enter on breaking its HIGH with LOW as SL.
In the Weekly Chart of NAZARA , we can see that; it has multiple rejections at 740-750 level. Possible momentums are shown in chart.
In the Weekly Chart of SCHAEFFLER , we can see that; Decision making Candle is formed near Trendline breakout. Possible momentums are shown in chart. Enter on breaking its HIGH with LOW as SL.
In the Weekly Chart of BAJFINANCE , we can see that; it is coming to retest the Parallel Channel Line. Let it form a Bullish Candle on channel then we can enter with SL and target.
In the Weekly Chart of HAVELLS , we can see that; Decision making Candle is formed near Trendline breakout. Possible momentums are shown in chart. Enter on breaking its HIGH with LOW as SL.
In the Weekly Chart of ORIENTELEC , we can see that; after channel breakdown, Decision making Candle is formed near Big Cup & Handle Trendline breakout. Possible momentums are shown in chart. Enter on breaking its HIGH with LOW as SL.
"Delivery Idea 13-06-23 FINPIPE (CMP: 168.1) Buy Price: 168 SL Below: 160 Target: 196"
NTPC Has created a flag pattern and Gave a retest which shows bullish movement. Keep Watching it.
Dear All, Yesterday we had got to witness a minute closing of near 19550, i.e., at 19543.10 Therefore, overall we can see that the Market is currently trading in a consolidation phase. Where it is better to wait for a clear cut indication, as of now. Furthermore, we had also witnessed a selling pressure in most of the stocks yesterday. So, with the...