Airtel Shooting Star Daily Airtel formed shooting in daily time-frame
Second candle low is 807.25
1:1 Target 773.25
Dailychart
HCL TECH Analysis Hcl tech formed bullish Engulfing in daily chart.
SL 1066.35
Second candle low 1043.00
1:1 Target is 999.85
Nifty Analysis - Daily ChartNifty formed bullish Engulfing pattern in daily time-frame.
SL is 18178.75
Second bearish candle low is 17959.20
When third candle break the low of second candle we can short.
CGCL analysisformation of triangle pattern in stock
watch for breakout or breakdown
fundamentally a good stock
having support of long term trendline
bankniftybank nifty on Support levels, buy above 38300.
Reasons - 1day taking support on TrendLine, On Fib- 0.5 levels & back days Big supports are there.
so todays closeing depend
AXIS BANK AXIS BANK near its long term resistance area ...its took first time resistance in this area in june 2019...after that its try o break resistance again in oct. 2021 but fail to sustain ..now again its hit the resistance level ..my view is clear if its break 875 level and give a weekly closing above on it we go long but if its not happen and we get any nagtive price action or nagtive candle near resistance then we go short again form here..
Mahindra Logistics- Long Trade (Daily TF)Wedge pattern breakout with huge volumes
Target 1- 635
Target 2 - 699
Target 3 - 740
SL- 474
Buy Marico to play the moveThe stock looks bullish on 3 parameter strategy.
Sentiment: Bullish
Buy near the opening price
LT FOODS LTD (DAAWAT)LT FOODS LTD (DAAWAT) good for swing trading
weekly chart breakout
daily chart breakout
buy 115.50
1Target 127
2 target 137
3 target 147
stop loss 98
USDCHF Sell trade opportunitiesUSDCHF Sell trade opportunities
USDCHF has broken the Support trendline and closed below with a very strong Bearish candle its a good opportunity to take a sell trade with good Risk Rewards
‘Always trade with Stop Loss '
EURJPY Buy trade opportunitiesEURJPY Buy trade opportunities
EURJPY has broken the Resistance trendline and closed above its a good opportunity for a long with very good risk-reward
Always trade with Stop Loss
GOLD Buy Trade opportunityGOLD Buy Trade opportunity
GOLD was retestest support and make a Bullish candle also retrace from Fibo 0.61 Level which is very important. Its a good opportunity for a long with very good risk-reward target point also mention in the chart
Always trade with Stop Loss
trend line breakoutnifty trend line breakout and retested trend line
nifty also given non stop up side movement here it may consolidate for some days and find direction
Astra Microwave daily chart analysisStock is at important Supply zone.
For the upside movement stock has to close above 290-300 Level with good candle & Volume.
There is high chance for a retest , if it is coming for retest then 250 level should be strong support. If it break that level then upside movement will be paused for some time.
Stock has a potential to reach 380-400 level, if it close above 290-300 Range.
Keep this stock in watchlist, wait for the proper Breakout to enter. as now it is at important supply zone.
This is just a view not a recommendation to trade. Do your own analysis before making any trade.
Share your opinion in the comment section.
NSE:ASTRAMICRO
Himadri Speciality forming probable flag and pole patternHimadri Speciality is forming flag & pole Pattern in a daily chart frame.
If today's candle close above 88 range, then we can see a clear breakout and it should confirmed by next day candle.
After this breakout stock will test 93 range first, once it break 94 range, it has a potential to reach 112 range as per the pattern.
Ideal SL will be below 78.
Wait for supply zone breakout for the confirmation.
This is just a View, not recommendation to trade, do your own analysis before taking any trade.
NSE:HSCL
Channel Breakout in Mahanagara Gas LtdFrom few months stock was trading in a sideways channel, now it has given breakout with good volume.
If we observe short-term chart, stock has already given a symmetrical triangle breakout for which final target is not yet achieved.
We can expect a good upside momentum if price closes above 905.
830-845 levels should act as strong support. Considering the spike in volume we can expect a good rally in upcoming days.
Stop loss can be placed at 800 for risk takers and 830 for risk averse. All possible targets are marked on the chart.
This is not an recommendation. Do your own analysis before investing.
NSE:MGL
Channel pattern breakout in Devyani ?Possible Channel pattern breakout in Devyani.
Stock is at important Supply zone, today we can see a breakout candle which is also supported by decent Volume.
Stock has a potential to reach 250 range
(Channel Breakout pattern)
Stock has to close above 200 (Psychological price level) as well as today's High. If the follow up of candle close above these level, then we can see bullish rally in the coming days.
Stock has made its all time high Today.
187 will the SL for Risk averse and 170 for Risk takers.
Overall analysis is given in the chart
This is just a view, not recommendation to trade. Do your own analysis before taking any trade.
Share your opinion in the comment section.
NSE:DEVYANI
FILATEX INDIA looking Bullish on daily chartFILATEX INDIA daily reversal spotted from buying zone also having 200 ema support.
Good to buy at 112 for target of 138 with SL of 102.
INDIGO #Watchlist
#INDIGO (D):-CMP 2076 Looks Good Above 2100 For More Upsides :)
#Disclaimer:-View shared is for educational purposes only. Conduct your due diligence before making any trading or investment decisions.
#StockToWatch
Possible trend breakout in Nazara? Stock is at Very Curial Level.
Keep an eye on this stock.
If price close above 730 and sustain in that range, then we can see a good bullish movement in the stock.
Reason is very simple, if price close above that range, then major resistance as well as supply zone will break. Which confirms buyer's control over the stock.
Wait for the breakout, then only enter stock with proper Risk- Reward.
Will Update once the breakout is confirmed.
This is just a view, not a recommendation to trade. Do your own analysis before taking any trade.
NSE:NAZARA
Ascending triangle breakout in PAYTM ?Ascending Triangle Breakout in PAYTM in Daily Chart.
After the continues down fall from the listing, now, the downside momentum was paused.
Bulls are slowly taking control of the stock, Previously they tired for breakout but stock was stuck in 750-770 range.
Then stock came around 680 range where there was a strong trend line support. Next day formed inside bar candle, by that again bulls paused further downside movement.
Now, the stock broke its previous 750-770 range with good candle supported by volume.
So, 770 range will be immediate support, 720 will be next Important support
Stock has a potential to reach 930 level in coming days.
If any one taking trade now, 730 will be SL.
Any one taking position for retest, then Risk taker keep 678 as SL. For less Risk taker 697 will the SL.
Overall analysis is given in the chart.
This is just a view not a recommendation to trade. Do your own analysis before taking trade.
NSE:PAYTM
SONACOMS - Multibagger stock BreakoutTo speak about the fundamental of the company, Sonacomstar is among the Top 10 Global Differential Bevel Gear Suppliers, Among the Top 10 Global Starter Motor Suppliers for PVs, and the Largest manufacturer of differential gears for PVs, CVs & Tractors in India. Sona Comstar has an 8.7% market share in the global market in Battery Electric Vehicle (BEV) Differential Assembles, 5% in Differential Bevel Gear, and 3% market share in Starter Motor.
Now about technical,
Price has already corrected nearly 30% from all-time heights of 840. We can see the price has taken support exactly at Fib Retracement levels of 0.618, which is one of the most respected levels in Fib series. Adding to this, in a short-time frame price is in an uptrend with the support of SMA. We can enter trade when price closes above 595 in the daily time frame.
All possible targets are mentioned on the chart. This is not a recommendation. Do your own analysis before investing.
Please share your view on this in the comment.
Everest Kanto major resistance breakout in a daily chart? Major Resistance breakout in Everest Kanto.
After the continues fall, the momentum was paused from 12 May 2022 @140-155 range.
This range is tested multiple time, which helped in forming important Demand zone.
Which confirm buyer are slowly taking control, and now, we can see there is a breakout of major resistance.
Stock is having potential to reach 260 range, If it is coming for retest 175 range must act as support, for the upside rally stock has to close today's high. Ideal SL will be 163.
This is just a view, not a recommendation to trade. Do your own analysis before taking any trade.
NSE:EKC
