Demand Zone
UJJIVAN LONG (STRONG BUYING LEVEL)BUY UJJIVAN 211 SL 202 TARGET 241/ MAXIMUM TGT 273
VERY STRONG BUYING LEVEL
Nifty 50 Chart Analysis 07-04-2021Two Critcal Points. By Analyzing Nifty 50 Chart on 07-04-2021
1) Wide Demand Zone, But Weak Support Area. 14263 - 14517
If Price breaks any of the nearest Trend Line, In Days Closing
Then, It is expected The price will fall to this support Area.
2) Strong Supply Zone, And Strong Resistance.14829 - 14881
If Price breaks this resistance at Days Closing, Then
The Ascending Triangle Pattern will be broke and index may become bullish.
Disclaimer : All Views are Personal And Educational Purpose Only.
You are exclusively responsible for your Profits and Losses.
Use the Ideas with your own Risk.
Metal Commodities Story: TIN1. Fundamentally strong company.
2. Back to back quarters good results.
3. Trading at half its book value
4. PE = 6
5. TTM EPS= 10.66
6. Grossly undervalued company.
7. Historic supply squeeze is driving Tin prices up. Has reached 10yr high.
8. Technically on the verge of break out.
9. Demand for Tin in the packaging space.
10. Stock can be a 5x to 10x multibagger from here.
Bajaj Auto Fibo+ Falling wedge+ Demand zone+ Multi time frameIn 15 mins stock is nearby its lower trendline, Currently closed to proper valuation as shown by the valuation band in 1st chart. Also standing on Demand zone .
In 2Hrs timeframe it has completed 61.80% retracement and also nearby 100 ema .
The Indicator Used:
PANEL 1:
1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts.
2) Valuation band
KEYS: Red Faded Cloud: Over Valuation.
Grey Faded Cloud: Proper Valuation.
Green Faded Cloud: Under Valuation.
PANEL 2:
1) TE-REKAB - Proprietary Indicator
KEYS:
PB: Pullback
Blue Candle: Selling Divergence
Yellow Candle: Buying Divergence
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The analysis is my POV, hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
ICICIPRULI IS GOING TO STOP FALLING ?Hello fellow traders, we can see that ICICIRULI has formed a bull flag pattern and now taking support at major weekly support zone we can see a big move in coming days after the breakout. right it's consolidating on lower time frame and volume is decreasing which is a sign of big movement in coming days.
let me know your views on this analysis ?
AMARARAJA BATTERY Trading levels for the daywatch for intraday
forming h&s
u can watchit for short term it can give good returns