In the Weekly Chart of GAEL , we can see that; it is in decision making state. Possible momentums are shown in chart. Stay Tuned if it forming Cup & Handle.
Buy Birlasoft above 346 Target 1 = 355, Target 2 = 365 SL = 339.5. Reason for trade, Stock is in good up move have given pullback and now again ready to move up. Also RSI amd Moving averages are strong. 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.
Sell Chambal Fertiliser below 272 target 267, 261. Reason for Sell, Stock is in downtrend and has halted for some time between 280 to 273 range breakdown of 272 can give target of 267 and 261. It's safe to book profits at 267 levels. Please Note I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your financial...
NATCOPHARM | Excellent Flag setup CMP : 654 (Dip : 620) SL : 610 Target : 770
Sell Canfin Homes below 730 target 724, 719. Reason for Sell, RSI has become weak also have tested 732 level 4 times so the level has become weak, close below 730 will give downside move to 724,719,709. 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.
Dear All, So, Yesterday was a perfect Roller Coaster Day for every Trader. Where the Market wasn’t so good and stable for the players. Besides, we did also see a lot of profit booking across the different sectors. Well as of now, we can observe the formation of an Evening star Doji on the Day chart of Nifty, which itself is indicating that we can...
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...
Nifty Banknifty Fin nifty trade setup Nifty Looks bearish - Sell of point 18900-18800 support 18500 band banknifty - Huge sell of Points 44010 support 43600-43400 Finnifty 19421 below that it should maintain pace
Short Astral Ltd. below 1947, Target 1 = 1923, Target 2 = 1899. Reason for trade Price is consolidating between 1960 -2020 and is trading near the lower range. Every buying is getting sold at top. Once price sustains below 1947 it can go down. Please Note I am not SEBI registered advisor, this is just my view and is for educational purpose. Please consult your...
Buy IGL above 470 for target of 479. Reason for trade, Trendline breakout and RSI divergence. Also "W" pattern formed on daily time frame. 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.
Sell Bajaj Finance below 7177 target 7100. Reason for Sell, If we club 3 daily timeframe candles then it will form shooting star at top of trend. 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.
Short Glenmark pharma below 633. Reason for short Trade, Stock is trading in consolidation for 4 days Breakdown of this consolidation zone can give good move till 615. 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.
M&M Sell below 1363, Target 1349, if breaks 5th June candle low with big volumes then we can see 1318 and 1303. Reason for Trade M pattern formed on Daily Time frame also RSI is looking 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.
Dear All, Yes it was a wonderful day yesterday. Yet it was somehow a confused one, as we can also observe the formation of a Doji pattern at this upper level. Indeed we are very close to the level of 18888, and we are also observing the strength of this Crucial Resistance level, as Nifty is facing a lot of difficulty in crossing over above it....
As we can see NIFTY had been slightly positive to sideways throughout the day and also closed above the given trendline which is potentially acting as a strong SUPPORT hence we might expect a strong upmove if sustained above 18900 else we might see a negative to sideways market in coming trading sessions so keep watching everyone
Banknifty has been trading in a single candle for 4 days. It has closed near the Daily 20EMA. Market has been respecting a trend line and it taking serious rejection from the line. Its break out can give recent high 44500 as target. A kind of cup and handle is also being formed, on the hourly charts, and bullish moving averages cross over is also there. On 15...
Again the market has given a both side move. After a gap up opening market has given a fall in the first half and regain in the second half. On the daily time frame, the market has formed dragon fly doji. Previous data also shows the market has been giving gap ups while doing upward. There are chance of market following the previous data. On the hourly charts,...
Dear All, Just as we had stated yesterday, similarly almost both of our statements were proven to be absolutely on point yesterday itself. That is, after witnessing a fall in the Market, we did also witness a good recovery in Nifty, thereafter. Well as of now, as per the Day chart setup of Nifty, we can observe the formation of a Hammer pattern....