INFOSYS DAILY CHART PATTERN ANALYSIS 02.12.2021INFOSYS as per daily chart analysis once the stock breaks 1750 level and above 1755 level then target 1785 is achievable.
Consolidation
DLF TRADE SETUP FOR TOMORROWAs you can see in the chart, DLF is consolidation from last 3 to 4 days,
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Now today stock is given the closing above consolidation, now if stock goes above 386,
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We can buy this trade for the target of ₹400.
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What's your view on this comment below in the box.
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Note: if market is opened gap down, so don't buy this trade before breakout.
Canara Bank Daily Chart Analysis 01.12.2021CANARA BANK as per daily chart analysis today the stock has broken the consolidation zone and above 207 level then the target 214 is achievable.
KRSNAA DIAGONISTICS Daily Chart Pattern Analysis 30.11.2021KRSNAA DIAGONISTICS as per daily chart pattern today the stock tried break the consolidation zone and anything above 712 level then the target is 745 level. Nifty forming an inverted hammer candle on the daily chart shows a lot weakness. So trade carefully for tomorrow.
SUNDARAM FASTNERS Daily Chart Analysis 30.11.2021SUNDARAM FASTNERS as per daily chart analysis the stock is in consolidation since jun21 and it tried to break out on the 3rd attempt and now it has taken 5th attempt today to breakout and above 892 level and target 905 level.
M&M : AnalysisNSE:M_M is trading around 850 revels which is shy above Fib's Golden retracement level. The possibility of Upmove is good as well as consolidating for a few more days, buyer's accumulation will lead to upward momentum.
Market might move up till the demand zone is attained. Another possibility is Breaking down to supply zone. Chances of happening so is thin but possibility is their because of the current market scenario where NSE:NIFTY and NSE:BANKNIFTY both are falling good every day. If NSE:M_M sustains this period then upward momentum will come soon and we can see all-time highs very soon.
The imbalance zone between the rise and fall has been covered up by the market as of now, let's see what it brings on next trading session.
PS: NO analysis is 100% follow your RR and trade with head in the game.
PPS : I'll update as soon as I get into this trade.
Tata Motors - MONTHLY Chart Analysis - 26.11.2021TATA MOTORS have support level at 428 and a similarity i find in the monthly chart is on Nov 2016 the stock went down and by December 2016 it had taken the support at 428 level and made high of 486 level. So is it a repeatation for December 2021? NEED TO WATCH OUT. However one can see a fresh buying opportunity only after full correction completed.
TATA Motors : AnalysisTata motors has given 90 degree breakout after consolidation for several months. Possibility of breakdown is good.
Note:- This analysis is done on weekly time frame hence traded accordingly.
Creation of possible supply zone at higher level depicts the upcoming fall. If this zone is a supply zone then market coming down and retesting 400 levels is a possibility.
Possibility of consolidating at higher levels for few more days is good. Wait for it to close below recent low 470 levels which tata motors is holding for quite a while now.
Fib retracement is showing market is taking support from 0.286 levels. 380 to 360 is the golden zone.
I will enter into this trade and update this analysis here.
PS: Always risk what you can afford to loose no analysis is a sure shot. Trade as per your risk appetite and RR ratio.
KRSNAA DIAGONISTICS Daily Chart Pattern Analysis 25.11.2021couldn't post yesterday due to message restriction by TradingView. Krsnaa Diagnostics as per daily chart analysis had given consolidation break out and above 713 level and target 750 level today it had made high of 747 level and still the stock has long way to go and now revised level is above 750 and target is 825 level. Happy Trading to all
ASAHI GLASS INDIA CONSOLIDATION BREAKOUTASAHI GLASS INDIA
stock looks good above 525/-
as it also forming flag and pole pattern
TATA POWER Daily Chart Analysis 25.11.2021TATA POWER had moved up to its consolidation zone between 240 -250 level and from here break out the stock will move up 275 -300 level.Happy trading to all.
Trident building baseTrident had hit its UP over last few days and considering the RSI and MA the share may hit the support to fill the gap. Probably the support at 40-45. Long term investors can accumulate and short term swing traders can use the opportunity to gain 20-40% on significant reversal. Let keep an eye.
#accumalate #longterm
Hindustan Unilever : AnalysisNSE:HINDUNILVR has been falling for almost a week now and has touched its demand zone.
The possibility of moving up is good. Majorly there are two possibilities form here:
1) Accumulation of buyers at these levels as we have seen previously that sellers are defending highs that are made recently. that means a consolidation at this phase.
2) Moving up as it has moved down a tad bit more than expected. Forming an imbalance in between.
In either case, the market is going to go up the possibility of moving down is very thin now.
PS: Never underestimate market it has a tendency to shock you to a very core, always risk what you can afford to lose follow RR ratio, and Trade with your head in place. No analysis is 100% effective.
PPS: Im into this trade I'l update soon.
Roller Coaster Day for Nifty, Closing will be very Important.Good Morning,
Get Ready for a Roller Coaster Day.
Just like we had stated in the earlier week, we did witness that the Market has been consolidating between the levels of 17700-17900.
In addition to which, however, the index managed to give a closing of above 17700, on the last trading day. Which, altogether was a good sign for the Market and its Participants.
So, for Today, it will be suggested to watch out for the closing of Nifty and to be Cautious as today will be a Roller Coaster Day.
Moreover, This week’s 8 ke Thaat includes the following 8 picks:
CASTROLIND, INDIACEM, NATCOPHARM, ZEEL, TATACHEM, SPARC, CANFINHOME and COROMANDEL.
Regards,
Alok Daiya
Esocrts good short term trade.All observations on chart.
Price volume analysis mention.
Monthly structure positive.
Location of consolidation is ideal for short term long trade.
Check image below.
Britannia Trade Long For TomorrowAs you can see in the chart from last 10-15 day stock is consolidating behind 3700 levels.
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Today stock has given the breakout and then made a green candle.
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So for tomorrow if stock goes above 3750, you can this trade for the Target of 3900.
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Note: This is a swing trade & this is only for educational purposes.
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Don't forget to like the idea, if you think it's helpful.
BEL BHARAT ELECTRONICS BREAKOUTBhai log yahan high chance hai market upar jayega.
bcz last day humne consolidation dekha tha.
Aaj shayad yeh stok sidhe or thoda support leke upar jayega
Buy only if it breaks my rectangle area.
KDDL [Ethos Luxury Watches Retail] - 3.5yr Breakout
BUY GUIDANCE:
Never buy before 3PM (for positional trading). I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better.
SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA
TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis)
SELL GUIDANCE:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
Note:
The breakout levels are derived from the weekly line chart which is respected much more by smart money.
DISCLAIMER:
I reserve the right to be wrong.
I am not a SEBI registered analyst. Please consult your financial advisor before investing.
FORCEMOT Knocking on Ceiling ?Forcemot seems to be pushing upwards, trying to make fresh highs. Not sure if its a mere technical play or something deeper as management philosophy change, the new stunning Gurkha or just simple increased demand. Neverthless promising BUY above 1710
Near ATH - How much further ? - BHARATFORG12 weeks consolidation
At ATH
2 good quarters
pocket pivot today
good volume contraction
HINDPETRO | Promising consolidation - Looks good for 50%HINDPETRO | Promising consolidation - Looks good for 50% - Big move above 232 zone.
Making of W pattern
Consolidating in Flag
CMP : 220
SL : 200 (Just for this position)
Target : 330
1:5 risk reward setup
Vakrangee Ltdshare name : Vakrangee ltd
call type : Positional (1-2 years)
- high of 70 is acting as a huge resistance
- Range formation can be seen
- Consolidation phase around 1200 days/03yrs
- Share can change the trend from here if high
of 70 can be taken out in upcoming years
if price comes around 25,
we can initate a buying at price - 25 rs with sl of sl 15
approchable target 70, 120, 200+++
GODREJPROP Trade Setup For TomorrowAs you can see in the chart, stock is consolidating between 2200-2400 from last so many days.
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There is strong support at the level of 2200, so if Monday stock break the consolidation rectangle with the green candle.
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You can buy thia trade for the target of 2600, this is Swing trade Setup.
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What's your view on this comment below in the box
