Bharti Airtel Sell below todays low Target 546 to 540Bharti Airtel Channel Breakdown Sell below todays low Target 546 to 540. Also derivatives data confirming the same
Channelbreak
Mrf in Descending Channel.. Mrf in Descending Channel.. keep a eye on it as it is in trending in channel as the price of the share is quite high very few traders would be trading in it.take move according to the breakout
Titan in Descending Channel.. Titan in Descending Channel.. It will give breakout in either direction. As it has in buying zone it may give dip to around 940 levels and after that it may bounce back. as it has fallen more than 10% in last few trading sessions. If you closely look at chart you will find it is in accumulation zone. it is consolidating at bottom Chances are high that it will go upside. but we will respect the market and take trade in the direction in which it will give breakout.
MGL in Channel Pattern in 5 min Chart Ready for breakoutMGL in Channel Pattern in 5 min Chart Ready for breakout. Keep a eye tommorrow for breakout. and get it into trade as soon as you see breakout.
AXIS BANK BEARISH CHANNEL BROKEN ??AXIS BANK BEARISH CHANNEL BROKEN
-FIRST SIGN "INSIDE BAR BREAKOUT"
-TRENDLINE BREAKOUT
-CONFIRMATION WILL COME ONLY AFTER A CLOSE ABOVE 402
-ONCE ACHIEVED OPENS TARGET TOWARDS 435-470
-STOP WOULD BE AROUND 380 ONLY AFTER A BREAK ABOVE 402
-"BUY ON BREAKOUT" RECOMMENDATION
Bullish view on NiftyIt looks like complex correction is in process(Triple Zigzag to be precise). So the view is bullish for short term.
Also there is a breakout of bearish channel and the Target for the same turns out to be 9600 and 9850, ideal stoploss for the setup can be below 8800.
Nearest Support levels: 9000-8800
Nearest Resistance levels: 9600-9850
NSE: ICICIBank Short term for 574+NSE: ICICIBank
After posting good results interesting pattern to take a trade
Looks good to buy at current level 535
with Stoploss between 510 to 515
And short term targets , 544,551 and 574,
Extended targets 590, 611 and 640
Keep stoploss moving :-)
NSE: Buy SBI for short term target 370Buy short term momentum play for SBI @ current level
Stop loss 319-320
Target - 354, 365 and 376
Keep stop loss training on move.
BANKNIFTY VIEW FOR INTRADAY TRADINGBANKNIFTY LOOKS LIKE TRADING INSIDE THE CHANNEL BUT CHANNEL IS BROKEN SO WE CAN EXPECT FALL ONLY AFTER RETEST IS DONE WITH A GOOD CANDLESTICK CONFIRMATION.WITHOUT RETEST AS WE KNOW MOST OF BREAKOUTS ARE FAKE OUTS.THIS FOR EDUCATION PURPOSE ONLY.
YESBANK SHORT A NEW LOW MAYBE MADEYESBANK IN WEEKLY CHART IS OSCILLATING IN A TRENDLINE FIRST TARGET IS 30 AND NEW LOWER TARGET IS LOWER CHANNEL LINE 8 RS :) ALL DEPENDS ON RESULT NUMBERS ALSO DUE ON 1st november IF RESULTS ARE GOOD TARGET FOR LONG IS 97 RS. GOODLUCK STOPLOSS IS UPPER TRENDLINE 64 RS.
NOTE: JUST FOR EDUCATION NO ADVICE GIVEN
CASTROL INDIA LONGIT WAS MOVING IN A CHANNEL LINE BUT NOW IT HAS BROKEN UPPER CHANNEL LINE WITH HUGE VOLUME PLUS BULLISH DIVERGENCE SEEN IN STOCHASTIC RSI FIRST TARGET IS 162 2ND TARGET IS 170 STOP LOSS IS 146
NOTE: please do your own analysis i am not advising anyone to take position in stock
BAJAJ AUTO SUPPORT AND RESISTANCE For past 4 days BAJAJ AUTO has been trading in a parallel channel or range and range breakout can give good movement on either side.
t.me
Key Levels for BAJAJ AUTO are:
Upper Breakout~2777
Interim Resistance~2804
Final Resistance~2830
**Lower Levels**
Lower Breakout~2714
Interim Support~2684
Final Support~2653
Watch out for these levels while trading. Please trade with caution and consult your financial adviser before trading. You can also join our TELEGRAM channel from the below mentioned link, t.me
Channel Breakout & Retest (BAJFINANCE) Can look for an aggressive buy opportunity once we see pin-bar Candle near the channel. Or one can wait for breakout of R1 level.
Election SpecialCurrently the price is moving in a channel
Election Results might skyrocket the stock price irrespective of the elected party
The price action of 16th May, 2014 (Election Result) will give you a clear picture.
Infibeam_Go LongInfeabeacm, Go Long, Channel Breakout Target 48. If breaks support then may go down till 36.
Hit a like if you like the idea
Education purpose only
Grow with RepcoRepco Home Finance is flexing it's muscle since the start of this month and it touched it's resistance line first at Rs. 474 and then at Rs. 482 in March. If Repco Home breaks it's resistance line and closes above it then it can go much higher. It's a very good company among other housing finance names with a compounded annual sales growth of nearly 31% in last 10 years and a compounded profit growth of nearly 30% in last 10 years. Average return on equity in last 10 years has been 17% and is available at a PE of 12.3 on trailing twelve month basis. So both fundamentally and technically it can be a good bet. If it closes above 474 then it could be bought with a stop loss at Rs. 433. Happy Investing :)
Channel Breakout in BPCLBPCL has given breakout on daily chart. BPCl was in downtrend since January 2018 and now it has broken its long term resistance trend line. Expecting a good up move. Lower crude oil prices will give the required thrust for cruising towards 390 or higher. Now this resistance trend line will acts as good support.
Disclaimer : This is for education purpose only
Shree CementUpdated in charts...
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
jo charts se kare pyar...woh TTK PRESTIGE se kaise kare inkaarBreakout from the channel, followed by a breakout from the DD-SS zone...target of 7100
Long on Bank NiftyFalling channel will give you some upside movement with the channel breakout. Probably will reach 25500 and max level may touch 26000 on coming days....
RBL BANKBreakdown from the channel as per weekly charts. Sell: 531, Target:462, SL: 570
Disclaimer: I am a novice in the markets, so please don't construe your trade basis this chart. I post it to see if my views holds true.
