#zensartech 3 Strong reasons: 1 -- passed 2 major levels and string bullish engulfing candle formed... 2 -- Volumes are very good when passed current hurdle... 3- Channel Breakout... Enter above 265 with SL 250 for 300 - 330 - 350
BPCL is looking good to blast out of the 400 mark with a cup & handle formation. One can go long above 398 and expect 405 levels in the short term and 414 levels to be achieved in the long term.
Bajaj auto showing parallels channel breakout at 3160 and after breakout its retraced and continue its bullish rally towards the 3485+ target. Possible Trade: Buy BAJAJAUTO Above 3242 Stop-loss - 3160 Target 3485+
NSE:BHARTIARTL Swing Trading opportunity ! 4 Hrs Chart Alert !!! --Buy above =479 --Target = 540 --Stop-loss = 442 --Lot Size = 1851 --R:R = 1.66 --Expected Profit = 1,13,000 ₹ per lot ( 12.78% ) Technical Reasons to trade :- 🧢 1) Bharti Airtel has bullish flag pattern Formation 2) Volume is more than sufficient i.e engulfing pattern & bullish candlestick...
GUJRAT FLUOROCHEM Spot chart is forming CUP WITH HANDLE pattern. If Retest neckline may give and go up then it may give marked target to validate this pattern successfully. VIEW NEGATED BELOW - 509 (DCB).
This stock is very interesting for me. Why? Let me explain Let's start with monthly chart. Last time it touched 200 level it bounced back like anything and again it touched level of 200 and this time also it failed to break those level and more interestingly it created a W pattern with Double bottom in longer term as well. Let's look at weekly chart now. A...
This is ICICI monthly timeframe chart, which has a major trend as an uptrend. In this, 1 to 4 waves have been formed and to complete the impulse module, the 5th wave is going to be made. The third wave is extensive. The wave count of it is a bit unclear. When we count the minor waves of the 3rd wave, the 4th wave of minor waves is overlapping. But if we see the...
BTC USD in Harmonic wave Maximum length 16763 and after returned towards downward one can go for sell 16440 with a stop loss of maximum length no. and target given on the chart.
DAILY CHART DAILY SUPPORT( YELLOW) ,PRICE HAS BEEN REJECTED MULTIPLE TIMES.
EICHERMOT 1D, is at 52 WEEKS HIGH now. FUNDAMENTALS: Eicher motors posted NEGATIVE results since 3 quarters and stock still makes 52-weeks high which doesn't look sustainable to me. TECHNICALS : stock forming DOJI on top and trend reversal may happen . My view : Eichermot may fall and I'll short ONLY below the Low of doji. Trgt is near 2300 It may retrace...
Nifty presently is testing a stiff resistance zone. This resistance zone has acted as supply zone for the last 5 times and this is the sixth time it is testing it. The first time it entered this zone on Oct 2007, kept consolidating and finally failed on Jan 2008 Second time in Jan 2018 - touched and got rejected Third time tried again on late Aug 2018 and...
From, So many days consolidation happens in stock BEL, Now Trendline Breakout happen & also, It has broken previous lower high, You can take long side position accordingly descripted in the chart.
Since the last couple of trading session, DLF formed a cup and handle pattern which indicating a strong bullish move in DLF in next few trading session above 175. According to pattern depth of Cup is nearly 32 points so we can expect the same points in the projected target which can be 205-207. Possible trade: Buy DLF above 175 Stop-loss 169 Target - 190 200...
1. Almost forming Inverse Head and Shoulder pattern(blue marker) Strong buy trend in last leg 2. Broke 2 consecutive trend lines(red) 3. Expecting good upward move post US presidential elections 4. Ex CEO Re-Appointed 5. Rise in Advance and Deposits in Sept Quarter and YoY
Howdy Traders, we already know that Triangle occurs in Corrective waves and Diagonal occurs in Impulsive waves. Their are three type of Triangle 1)Expanding Triangle 2)contraction Triangle 3)barrier Triangle Their are 2 types of Diagonal 1) Leading Diagonal 2) Ending diagonal --------------------------------------------------------------------- This is the...
Possible trade: Buy Concor above 400 SL 395 Target 420+
HPCl looks bullish after making inverted H&S
After a great dip of March, market has risen sustainably and distribution has been done systematically. X-X, Y-Y and Z-Z phase distributions we can see. After this a probable big correction, we can see, which will be inevitable above the trendline. One can see blue candle crossing the trendline giving the confidence to the market and we have seen another...