Poddar Pigments after a good time correction is going into bullish zone again, the formation of 3 week tight doji pattern near the trend line breakout zone is a good sign of demand this scrip is getting. Looks like this pigments scrip will be giving a breakout soon. Stop loss should be placed @ 290 here.
*DISCLAIMER*
This analysis is only for educational...
Howdy Traders,
I feel that the market may give a little negative I because the doji candlestick pattern is seen at the higher highs followed immediately by a black candlestick, indicating that the market may provide a little negative move.
Note = If the market stays below the level of 1249 then Target- 1231.90
Buy BATA INDIA 1430, for 1480/1500/1530. Bata india formed dragonfly doji on weekly charts and bounced from there. MACD showing fantastic bullish divergence which is apparently for stock to go for bounce back trade. Invalid below 1380 on closing basis
MAITHAN ALLOYS BREAKOUT RETRACEMENT DOJI FORMATION TRADE VALID FOR ONE DAY IT IT CROSSES DOJI HIGH THEN BUY WITH 1:2 TARGET,as it has given breakout and formed doji on retracement
Dear All,
So finally yesterday, Nifty had touched the level of 17800 . However, being unable to sustain over the same, it failed to give us a closing of above the stated level, and ultimately we got to witness a closing of 17769 approx. Besides that, we had also witnessed a selling pressure in many of the stocks, yesterday.
Well Just as we had...
KPR MILL BUY ABOVE high of doji as it is breakout +support doji formation butt be carebul above it has a resistance can go for trade for minimum 1:2 target if it breaks above resistance can fly
NLC INDIA buy above high of last doji candle formed,as the stock is on support +breakout+doji on support with 1:2 minimum target
note this trade is valid only if it crosses high next day
NEOGEN CHEMICALS RISKY TRADE BREAKOUT RETRACEMENT DOJI FORMATION CAN GO FOR 1:2 AS SHOWN ION IMAGE WITH DOJI LOW AS SL,it is breakout trade with reversal candle + again reverse trade with cobnfirmation od doji high touching todays candle go for buy with 1:2 risk hai tjho ishk hai
