MARUTI SUZUKI 1D - Price at Important LevelMaruti Suzuki price at very important level where-in one can see multiple patterns/price action
1) Testing previous resistance
2) Approaching 200DMA
3) Approaching previous consolidation area
Price is in imp area to keep watch and add this to your watchlist
Consolidationzone
HEG VCP Trade. Pivot currently in progress.Disclaimer: This analysis is posted as my online journal for educational purposes only. This is not a buy call.
As you can see in HEG's chart above, it has risen 291% in 22 weeks and it has now experienced 3 tight contractions C1, C2, C3, with the C4 currently being in progress.
The C2 contraction was half of first, but the C3 was 18.5%. The last contraction C4 now ( the week just started today) seems to be forming in a less than 10% range. (Hopefully this tight range is maintained for the running week.)
Another positive sign is that the pivot range is forming above the centre line of the first contraction.
Contraction's less than 10% in the final contraction means that the stocks supply in the market has diminished considerably and the daily volumes are confirming this with below average numbers.
Whenever a huge demand will occur, it's very likely that the price of HEG could explode.
Will HEG explode or turn out to be dud ?
Will it experience a shakeout of weak hands ?
What are your thoughts ?
Watch this space for updates.
Thank you for following my work. Please feel free to share your thoughts, critiques & suggestions.
Trade Wisely & Trade Well.
Disclaimer:
The content provided is my personal experience sharing through technical analysis studies.
The content can only be used for education purposes and is NOT a recommendation for buying or selling stock.
Please consult your financial advisor before making a decision.
Trade at Your Own Risk.
CADILAHC - 9% Risk trade \\ Returns can be huge CONSOLIDATION ABOVE THE MONTHLY RESISTANCE AND A BO AT D CHART = GOLD MINE :) IT'S A GOOD STOCK WITH A GOOD BO AT D CHARTS
IF 9% RISK seems more than don't trade or trade less qty as per your risk-reward. TARGETS: 18% and then so on :)
💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
GMDCLTD - BULL RUN
💲💲 FOLLOW me @Averoy_Apoorv_Analysis and get these free analysis :) 💲💲
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
AUBANK - Contraction pattern below a very good support trendline🔰 MY thought process :
⭐Elliot waves for the uptrend ended while giving it an ATH now it has broken a serious trendline = downtrend but it's on its monthly support zones which were used to be resistance zones :)
⭐Also at 0.3 fibo so and making a good contraction pattern below the good uptrend line and 50dema, A buy would be initiated if it breaks the consolidation with power :)
⭐Risk will be: if it breaks the trendline for below = SL, Targets : at least ATM
🔰Am I taking this trade now: No---Reason: Already in the trades of Naukri and PPL as posted last time :) also took a small position in Coal India today as posted guys :)
Also keeping an eye on JSW steel too seems bullish to me :), All the analysis already posted :)
🔰 {Some info}
➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
➼I hope you will love my simple analysis style.
➼Feel free to suggest your view on this as learning is earning here :)
➼I take my trades on my Zerodha account :)
➼These charts are my and only my work, my thought process, just from an educational point of view and no calls.
<<<<<>>>>>
TAMO- Tata Motors in excellent uptrend, likely targets 448-54826-May-21
NSE:TATAMOTORS
Stock in excellent uptrend, but faces lots of hurdles ahead
Pro's
Strong uptrend, and consolidating.
New 52w Hi, Plus Hight and tight consolidation indicates likely upmove soon
Likely Targets: 432-448, 548-564
Cons
Overall upmove likely to face multiple resistances ahead.
Consolidation ahead could be likely long drawn, choppy, yet healthy between 300 to 430 range
Below 281, likely targets 236 to 200.
Sustaining below 200 may weaken it furthur
Tata Motors crucial support and resistances!Hey folks!
I have drawn important support and resistances for Tata Motors in this chart. These levels have been tested multiple times and I feel are reliable if the market conditions remain stable.
Disclaimer: This analysis is only for educational purposes.
TATA STEEL CONSOLIDATION ZONEAs we can see tata motor is following trendline ....
it is taking support from this trend line ...may be it will consolidate following to this tredline..
BUY ABOVE-978
SHORT Below-960
SL maintain FOR BOTH-870
if it might break then we can see fall for 1 or 2 trading session...
it might be give false breakout ...so take trade wisely
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.if agree ..LIKE IT :)
MOTHERSUMI Long and Short IdeaMOTHERSUMI after price correction Price is currently ranging in a zone
Breaking 163.50 Level Price can test 175 Levels
Weak Below 152.50 Level
Between these Levels avoid Trading
Resting on imp. Level of Fibo currently.
Silver inside candle analysis ! Silver formed inside bullish candle in 4 hour time frame, and breached consolidation zone.
Possible targets:
1) 67,500 (that is 50% Fibonacci level), if it sustain on that level then we can hold to achieve the next target.
That is
2) 68,500.
Feel Free To Ask For Any Technical/Fundamental Query
Comment Down Below
Educational Purpose Only.
BAJAJ FINANCE LTD - SHARP PULLBACKNSE:BAJFINANCE
OVERALL TREAND - STRONG BULLISH
ON 19TH NOV,AFTER WIDE RANGE OPENING BULLISH CANDLE,PRICE STRUGGLED TO MOVE HIGHER AND VOLUME ALSO ON DECLINING SIDE
AFTER WHICH SHARP DOWN MOVEMENT HAPPENED WITH WIDE RANGE BEARISH CANDLES ON HIGH VOLUME
TODAY WE CAN SEE EITHER,
>>>>>>>PRICE TEST RESISTANCE LEVELS 4652-4678 AND THEN MOVE DOWN TO SUPPORT LEVELS 4435-4411, CONSOLIDATING THERE FOR SOME TIME BEFORE MOVING HIGHER
(OR)
>>>>>>>PRICE CONSOLIDATE BETWEEN 4483-4590,AND THEN MOVE HIGHER
ICICI BANKICICI Bank has consolidated in the range of 340 to 380. Moving average band suggest the bullish trend formation.
Stock is in short term uptrend above 380.
There is high resistance at 390 and 415.
Suggest to book partial profit at these levels if you have positioned it at below levels.
If there is good momentum in NIFTY and BANK NIFTY and if it sustains above 420 we can see the next level of 445, 480 and 490.
At 490 major correction expected and suggest to exit all position.
CURRENTLY IN A CONSOLIDATION!By my PERSPECTIVE if stock want top go up it has chances to make MOUNTAIN & HILL pattern before going up!
Or it will CONSOLIDATE between CONCOLIDATION AREA !
Tommorow It has Chances to open up!
This Analysis is for EDUCATIONAL & INTELLIGENCE pourpose,Trade at your own risk!!
Manappuram Finance: AnalysisManappurna finance has given Head & Sholder + Parallel channel breakout in the daily time frame today . Possible consolidation near 143.25 level because of the previous breakout level makes it important (Purple Rectangular Area).
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Upcoming support zone will be around: 134.50. Good Shorting Opportunity.
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Stop-Loss must be over the immediate resistance level i.e somewhere about: 158.35.