Try paper trading for candlestick patterns. Buy above 145.00. Maintain strict stoploss 120 I'm not a sebi registered analyst, just for educational purpose.
As we can see NIFTY had been consolidating in the same range as of now but it has recently broken a rising channel pattern and looking it in bigger tf, we can see it forming more like an inverted flag-pole pattern which is a bearish continuation pattern. We cannot confirm the weakness unless it breaches and sustains below our level else acting as a strong SUPPORT....
Wipro for the intraday trade is looking bullish and has closed around the resistance zone. The stock after the fall has given a bullish engulfing candle on the daily charts. It has been respecting the resistance trend line. Even the RSI indicator is showing a bullish divergence in the stock. If the stock starts trading above 520 levels and sustain above it, a...
Today the markets where volatile in the first half and has consolidating in the second. Finnifty remained in a small range between 20610-680 after a good bullish candle aand closed almost flat on the daily charts. For last three trading sessions, market has been forming doji and are highly volatile. It is hitting the Stop losses and moving the direction...
NSE: BLUEJET 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 12% to 19% gain on...
Confirmation:- 1] Market structure shift 2] Imbalance area 3] M pattern target complete Target confirmation:- 1st target - imbalance area 2nd target - equal lows liquidity with imbalance
As we can see Nifty finally broke below the rising channel pattern and had been weak ever since. We can see Nifty getting continuous rejection at higher levels showing its weakness. Now the only important SUPPORT we can see is 21800 wherein any signs of rejection could be a good buy but if it fails to take support at given level then we may see another panic in...
Confirmations :- 1] Market structure shift 2] Equal lows - liquidity 3] looking for the sell candle confirmation Target :- 1] Imbalance area
ADVENZYMES | Perfect Cup & Handle is in making, breakout above 500 can fetch us 100% ROI Risk reward is attrative at current price CMP : 360 SL : 310
💎 ETC is currently exhibiting a bullish market structure and is undergoing a retest of the support zone, which was previously a resistance level. This zone may now act as support since it has been broken. 💎Analyzing past chart data reveals that there is potential for a bounce from the bullish interest zone, especially if ETCUSDT forms bullish engulfing...
BUY DLF Entry - 844 Target - 898 Stoploss - 817 Risk Reward Ratio - 1:2
BUY ONGC Entry - 265 Target - 293 Stoploss - 251 Risk Reward Ratio - 1:2
BUY BEL Entry - 198 Target - 222 Stoploss - 186 Risk Reward Ratio - 1:2
As we can see NIFTY showed a strong reversal despite touching our reversal levels but we did expect a strong movement from our demand zone. Now we can see it has closed below the channel which could potentially act as a RESISTANCE hence unless NIFTY closes inside the channel until then we cannot confirm this as a false breakdown and can expect further downfall so...
BUY ZYDUSLIFE Entry - 1001 Target - 1083 Stoploss - 960 Risk Reward Ratio - 1:2
BUY HDFCAMC Entry - 3780 Target - 4180 Stoploss - 3580 Risk Reward Ratio - 1:2
BUY ADANIPORTS Entry - 1276 Target - 1438 Stoploss - 1195 Risk Reward Ratio - 1:2
BUY GODREJCP Entry - 1231 Target - 1341 Stoploss - 1176 Risk Reward Ratio - 1:2