Chart pattern just explains the situation
Reasons
1. Dow theory respected.
2. Breakout with volume .
3. At 4 year old Support Trendline(from 2018).
Target & SL levels mentioned @ chart !!!
Let's wait & watch how it moves!!!!
Note - Just Sharing my view....not a tip nor advice!!!
Classic dow theory states that a new low in one index not confirmed by others indicates a potential trend reversal on cards. Nonconfirmation amounts to inter-market divergences that are bullish or bearish. In this situation, the new low in bank nifty today over the last few days is not confirmed by the Nifty. Even more, the outperformance of the Midcap 100 index...
Chart insist me to go with the above titled opinion....
Reasons :
1. Stock has been respecting the expanding triangular pattern .
2. MSTC has given BREAKOUT with extra ordinary volume on 28th November.
3. Respecting the DOW theory and has formed HIGHER LOW and then BREAKOUT.
4. REVERSAL from perfect trendline Support .
Target and SL mentioned in...
Dear Chartist, trader and investor,
Deepak Nitrate is moving upward and follow the Dow Theory Tenant - Higher High and Higher low and today break the previous high and entered into suppliers zone.
Waiting for through back and then entered into a long position.
All the details are mentioned in charts.
Focus PI industries makkale, W pattern formed wait for confirmation then enter the trade. As i always say whatever we do must follow risk reward and money management rules.
Vannakm makkale, this is Vijay. We got an oppurtunity in aubank,closely watch and wait for reversal candle then enter for swing or positional.
Share with your friends nd follow makkale.
Thank you for following and if you have any questions comment below.
Vanakkam Makkale, long time no see😂😂. Yep but market is still volatile only, anyway we got Aarti Industries for swing or short term but with proper stoploss. As i always say whatever we do must follow risk reward and money management.
Thank your following and if u have any doubts, do comment below😊❤
Vannakam makkale. Seems like Namma Shree Cement took support maximum 18300 to 18400 range good support ah irrukum.
Let's see and can accumulate first 30% here but still crudeoil price surge short to mid term la issue ah irrukum but long term la pricing power to top companies vanthuruvanga.
Any doubt and questions means kindly comment below. share with your...
Expecting 14% ROI in DR. Lalpath lab scrip. But wait for the confirmation or enter at lower levels. And also don't forget market is still in bear grip so always set stoploss and follow money management.
Thank you for following and share max.
Vanakkam Makkale,this is VIJAY. Hope you all know that this year going to be a year for accumulation and also enter after the confirmation
As per technical Dabur reaching near super demand zone and also fibonacci golden area is there. But i suggest you"ll to read Dabur's fundamental and it's annual report before you're accumulating. This will be useful for the...
Focus Axis Bank makkale. Long term accumulate panaravanga take a view and also focus for swing and short term with strict stoploss.
Still NIFTY is in SELL ON RISE trend,so manage the risk.
Thank you for following.
Vanakkam Makkale. Amrutanjan bounced back from support of the trendline so expecting good upside from the scrip. But as i always say whatever we do must follow risk rewrad and money management. I personally lokoking to enter at lower levels according to market condition because dont forget that market is in bear territory. Have a profitable trade.
Comments your...
Makkale focus KEI for swing. And kindly don't forget that the market is still on sell on rise, so take trades cautiously with proper risk reward and money management.
