Head & Shoulder in CIPLAAn unusual Head & Shoulder has formed in CIPLA, the right shoulder is much weaker than the left shoulder and could break the neckline without a chance to get in a short position in the retest.
Daily Charts
All time high breakout in AirtelBharti Airtel is about to break the all-time high at 620-625 levels on the daily chart. This will be a crucial breakout for a bullish view. Watch the chart and trade accordingly.
Ascending Wedge in TCS ( Long ) TCS Price is forming an ascending wedge pattern which indicates there will be a price breakout soon to the long side
We can take a short position from 3267 to 3212 and then we can expect the price to go from 3212 to 3400 where we can take a long position
TATA MOTORS LONG: TARGET 325, 350SIMPLE RANGE BOUND TRADE
MFI BULLISH
SQZMOM JUST STARTED TO TURN BULLISH
VIXFIX COULD SIGNAL END OF CORRECTION ANYTIME NOW
TARGETS 325 350
SL upon breach of current support at 285 (on EOD basis)
BAJAJ AUTO LONG RANGE TRADE TARGET 4320TARGET 4320
MFI BULLISH
VIXFIX SIGNALLING END OF CORRECTION
SQZMOM SHOULD TURN BULLISH
SL 3765 upon breach (EOD basis)
UBL - Expecting breakoutOn daily chart - triangle (yellow line)
On weekly chart - channel - (purple line)
On monthly chart - (whitish line)
All are on same zone. Expecting some breakout soon.
Can be traded both the sides based on the trend lines.
Disclaimer - This is my own analysis and view. You might want to analyse yourself before trading.
ICICI BANK BREAKOUT - LONG TARGET 795Simple S/R levels based on trading range.
Enter and wait for MFI to fall some before the up move proceeds.
ESCORTSDaily
Price Action - Triangle Breakout from Bottom
RSI > 60 Bullish
MACD - Buy Signal
Bolinger Upper Band - Broken which indicate momentum
ADX needs to increase to pick more momentum
Weekly:-
MACD needs to turn Buy signal
Futures data:-
Long Buildup on breakout
ACCUMULATION WITH PRICE ACTION AND VOLUME PROFILE,1D,LONG,32% ACCUMULATION REGION:
Using Volume Profile one can identify probable accumulation or distribution regions by comparing the historical Volume at Price and current Volume at Price. Most of the times a breakout/breakdown from the region confirm accumulation or distribution.
In Titan since the rally began, current volume levels are comparable to previous volume levels when previous accumulation had happened. Current region was sideways for a considerable amount of time. So a confirmation was necessary. And it gave a breakout above the resistance line , for confirmation , ATR(14) (Average True Range) was used as a buffer.
So a confirmatory breakout has happened in 1D timeframe
ENTRY :
Entry can be taken at 1H timeframe after the probable retracement or at 10am Current Market Price
Target :
Since the current volume are comparable to the pvs rally it makes sense to assume the expected rally after current accumulation, to be of equivalent magnitude, So Fib Extension of 100% is the min Target Level. Its a provisional target level, since it is at a all-time high.
EXIT
Periodically Trailing of Stop-loss with moving average in 1D tf or when RSI Bearish Divergence is observed in 1D timeframe can be used as exit criterias.
Since the target is above all-time-high, so exiting at the target doesnt make sense. Rather better to hold the position till either the stop-loss is hit or RSI Bearish Divergence is observed.
STOP-LOSS
Stop-loss Can be Placed at the Support of Accumulation Region
**DO FOLLOW MY ACCOUNT FOR REGULAR QUALITY SETUPS. YOU MAY ENABLE EMAIL NOTIFICATION TO NOT MISS ANY IDEAS**
**PLEASE COMMENT REGARDING THE ANALYSIS, IT'LL BE HIGHLY APPRECIATED**
**THANKS** NSE:TITAN
Titan looking strong on Daily BasisAfter a brief trending period, Titan is in Accumulation Zone which once broke it will reach its All-Time High.
One can initiate the trade with Trailing Stop loss.
CONCOR Daily Time Frame AnalysisWelcome your valuable comments on this script
For Short Term Can Buy at Current Cpm
With Stop Loss 560 that is recent Swing Low
For Long Term wait for All Time High Breakout
All Time High Resistance 666
Share Will Strong Bullish Above 730
for Target 1000 to 1100
I am not a SEBI registered adviser. All the information provided by me are for educational/informational purposes only. Never invest more then 2 % Capital In Single trade. Trade on your own Risk and analysis
Flag BO in HINDCOPPER.Disclaimer :- This is not any buy or sell recommendation. It is just my personal view on this counter. Kindly consult with your financial or investment advisor before investing. Thank you !
There is a Flag breakout generated in HINDCOPPER on weekly chart with Bullish katana candle in this week. and if you check the daily chart then you will see the cup and handle breakout also. There is also a gap of 212 from November 2012. So, may be this time it will be fill this gap. 150 is the support level which is low of this week. and upper levels are 185-200-213-230.
Thank you !!😊
NMDC- A Short term BullThe daily chart gives us an insight that an ascending triangle is been broken from the top which has also created Higher Highs in the recent past which clearly indicates achieving some short term Targets of 165-170. The Breakout has been done by a fairly more than avg volume.
Nifty Positional View Daily TFOn a Daily TF interesting swings have happened during the March month and volatility was huge which was witnessed during the month end expiry
Typical M top pattern formation and the same is valid
Though the closing was above the 14461 looks like some covering happened at last moment
Buying seen during past two months were as not prominent as the selling pressure is clearly visible in the Daily TF where sellers are looking to dominate with good volumes
Nifty has breached all the 9/21/30/50 EMA
50EMA acting as resistance
Nifty if breaks the Gap zone marked in Yellow can touch 100day EMA ~14k
Overall long term bullish we may see some corrections happening in Nifty till 14000
wait for the right time to buy
ALKEM LAB LOOK GREAT FOR SWINGBREAKOUT IN WEEKLY AND DAILY CHARTS, BUY ABOVE 2885 WITH SL OF 2710 TARGET NEXT 4 DAILY CANDLES
Gold looking bullsh above 1760 leveltaken double bottom and retraced till 1760 , bullish above 1760 for target of 1820
Maruti Suzuki has given breakout from head & shoulder on dailyMaruti Suzuki has given breakout from head & shoulder pattern on daily time frame. Moving towards its target.
Amazon a new high again in coming days!***Trade at your own risk** educational purpose only***
1. Looking good on RSI 1hr structure and daily higher high if volume kicks in then it'll be a great
2. price should hold 3240-3250 range then it's a bull sign, SL 3220-3225
3. Target T1 - 3284, T2 - 3300-3332, T3 - 3360 in short term
BNF profit booking!***Disclaimer-- please trade at your own risk** for educational purpose only***
1. Looking weak on daily
2. narrow range expiry on 11th Feb 36000 - 35580, volatile! expected profit booking but support was strong 35550 zone
3. Expecting have some profit booking 34850 range, bnf breakdown 35600 and hold for 10-15 mins it should be a good shorting opportunity
4. Target T1 - 35350, T2 - 34950, T3 - 34850 (if it's a heavy profit booking)
5. RSI 1hr taking resistance @50, daily @72 could support @70 if sideways else 60 would be the next support (if heavy profit booking)
6. if its a positive day by any chance, T1 - 36000, T2 - 36330
The Nifty 50 index will continue to rise in an upward trend chanThe Nifty 50 index will continue to rise in an upward trend channel , but it may first fall back to the support zone in the near future. NSE:NIFTY
HUL Breakout above 2180HUL is at a resistance at 2177. If the resistance is broken, there is potential of a breakout.
Buy at 2180.
Target at 2230
Stop loss at 2155.
NSE:HINDUNILVR
