Price has tapped into a monthly level and has reacted to it quite nicely. On the daily two equal lows had been taken out on the way to a demand zone. as price started to break structure upside, an untapped zone at 11rs could be a potential buy. the zone above is too risky given how much liquidity lies below it. the zone below is already tapped as price gapped up...
Price reacted from 125 min demand zone. Drawn every possible price move. If price respect all markings then targets would be 1st Safe target 1157 2nd Safe target 1120 If everything fine and market supports then finally we can see new higher highs.
Setup details Entry-236.5 near by SL- 226.4 Target- 252
SBIN - daily demand setup detail Entry- 413.5 SL-404.5 Target-430.75
CANBK L&T LICHSGFIN HINDCOPPER ESCORTS GRASIM
hi guys its a best chart in the market wait for the rejection
Hi Everyone its a good pattern have to wait for the rejection then buy or sell it
Future Consumer CMP 7.4 Buy For Target 12-17-22-26-34-42+ Add More If Get @5 SL Below 4 Holding Period - 4 to 5 Years
NIFTY50 stock BRITANNIA is at Demand Zone. As we can see, BRITANNIA is taking resistance from a trendline since 12 April 2021. Currently, it is trading near its demand zone at 3423.45. Looking at recent day's deliverable quantity, we can say buyers are taking interest in this zone. RSI is also moving above 40. We can consider BRITANNIA for a swing trade if it...
NSE:APOLLOHOSP has good demand around 3300 levels. Entry Level : 3300-3220, 3185-3130 Target : 4000-5000 Stop loss : 3115 Disclaimer : This chart is for education purpose only not a trade recommendation. I will not be responsible for your losses or profits.
Possible breakout Bullish channel sectorial analysis Disclaimer: Please consult your financial advisor, Investment/Trading in the securities market is subject to market risk, We are not responsible for your profit or loss
Breakout from ascending channel pattern Logic: 1.Breakout in the higher time frame 2.Good volume 3.Market structure 4.Higher high and lower low
Analysis: 1) Bullish Harami Cross Pattern has formed as today's close i.e. 26 May, 2021 2) RSI is converging with the stock, forming higher lows while stock has formed 2 consecutive lower lows. We consider it to be strongly bullish. 3) Stock is at very strong support from which it has previously formed new highs and shifted the trend from sideways to...
SL Below Horizontal support on DCB Trail Target
Biocon monthly demand zone trade is marked on chart. We can take trade near Proximal line and below distal line we can set stop loss. Best way to find out lower time frame demand zone in between higher time frame. In this case stop loss will be small. I have marked both trade setups. Hight time frame frame (monthly) and lower time frame (daily)
*Price has broken out of consolidation after a period of volume dry-up. Above 399, can give an upside of 11% to 446. SL 361 Thank you. Leave a like if you found this helpful.