Dear All, Finally Nifty took a breakout of above 19550 level on weekly basis , which indeed is a very good sign as of now. Wherein, no doubt IT & Metal Industry have somehow contributed in this uprise. Moreover, we are now expecting the same from few other sectors as well, in the upcoming week. As of now, we are still with our words that ...
A hanging man candlestick occurs during an uptrend and warns that prices may start falling. The candle is composed of a small real body, a long lower shadow, and little or no upper shadow. The hanging man shows that selling interest is starting to increase. In order for the pattern to be valid, the candle following the hanging man must see the price of the asset...
Very good Acumlation in last 2 years, my stoploss is just 980₹, my first target is 1180
Super strong charts, classic cop forming, don't miss this trade, trade for swing target of 1075/85 My stoploss is just 940 for swing trade
Someone recently left a comment on my post saying Nifty FMCG is bearish. Let me tell you the reasons why Nifty FMCG is Bullish and no way bearish. Here are the reasons : 1) Weekly Timeframe is bullish 2) Daily Timeframe has test it's recent demand zone and also has created bullish price action reacting to the demand zone. Pro Tip : Always look for higher...
Nifty50 trading zone this week #support 19300 #resistance 19670 breaking flag pattern educational idea
#PAGEIND (D CHART) CMP - 36674 Isme long legged Doji Candle bani hai jo support zone ke pass bani hai it's mean ki ab trend reverse ho sakta hai InshaAllah #Im_still_learning #DYOR I'm Not Sebi Registered Just Sharing For Educational Purpose
HDFC AMC looks good for Positional Trade. W pattern breakout given on Monthly chart. Also RSI is showing strength, can be a good buy on Dips. 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...
Rectangle breakout TECHM. buy near 1225 and its first target is 1345 for swing trade
Maybe nr7 break out, veru good ACUMLATION @ 2400/2450 levels, if sustain near 2480/2500 we can see huge upside
India cement on fire after long day holding...Now I am also ready to make profit. Stock is ready to prove upside trend on 44 moving average with stochastic upside trend plus green big candle. I am a learner and this post is for my remembrance only so that I can check my knowledge. Pls do ur own research before trading, don't trust others.... Buy above d candle...
In the Weekly Chart of JSWHL , we can see that, it has made a Decision Making OR Halt Candle near Trendline. Enter on breaking its HIGH with Low as SL. Expected momentums are shown in graph.
Reliance Industries Ltd is trading in a price range of 2200 - 2800 since Sep 2021. In between this a strong support and resistance formed where 2200 act as a support and 2800 as a resistance. Last week a bullish candlestick pattern formed in Reliance called Classic Morning Star at support level. Here are the characteristics of a classic Morning Star...
In the Weekly Chart of VEDL , we can see that; it has created a Bullish Hammer Candle on W breakout trendline. Expecting a bullish momentum from here. Also, it is the highest Dividend giving Stock.
In the Weekly Chart of TATACONSUM , we can see that; the Resistance has now become Support. Also, it has created a Bullish Pinbar at Support level. Expected momentum is shown in graph.
In the Weekly Chart of KHAICHEM , we can see that; it has created a Pinbar at the Trendline. Enter on breaking its high with low as SL and hold till 90-92
Short Havells India below 1274, Target 1249. Reason for trade, lot of selling is seen in previous 5 candles, price has consolidated and if price starts trading below 1274 then it will try to touch the next swing low. Please note, I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial advisor before...
Dear All, Yesterday was another day of witnessing a major supply from upper levels in Nifty. After which, we can now observe a red candle on the chart once again. Today, being the last trading of the week, we have to specially mention about the weekly body pattern, formed until yesterday, which is like a Doji formation. So, observing a Doji after...