Here is my 2 cents on HDFC LIFE as why I am very bullish on the stock 1.Inverse Head and Shoulders pattern on daily and weekly time frame. 2.Decending Triangular pattern on upside, signifying continuation of major trend i.e., uptrend. 3.100 day Moving Average support. 4.3rd time taking support on the trend line. 5.Stock taking support 3rd time at 0.236 Fibonacci...
Beautiful Symmetrical Triangle pattern shaped up in CHOLAFIN. Waiting for confirmation of pattern and upside breakout. Levels mentioned on chart & given targets seems achievable. Plan your trade accordingly. Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk. "Trade what you see, Not what You Think" Happy Trading(:)
95% TRADER TRADE WHAT YOU SEE ON THE LEFT SIDE. THE PERSON READING THIS , YES YOU ! You have also traded like the 95% retailers havent you and at some point you realise that it isnt working for you! Smart money lies with the 5% , but you never realise that !
Disclaimer: Don't just blindly Trade or Invest, learn and then trade. Manage your risks properly. This analysis is purely for EDUCATIONAL purpose, just to give an idea on the price movements!! DO NOT FORGET to put your own STOPLOSS!! If the price is unable to take out the red zone in 1hr & 4hr time frame then it will consolidate in between the red and green...
Hello friends , Today i have the technical chart Of Relaxo Footwears . Friends as you can see here that it is making Inverted Head and Shoulder chart pattern which means it can go up but if you see closely that it can also break and can go down . Because it is not that much type nice Inverted Head and Shoulder . Its Neck line you can take is at rs 680.10 and its...
We have identified some technical reasons of recent fall in Indian share market in Fab-Mar 2020. After that we saw a sharp upside rally but in middle of Sep we are finding some major technical reasons which can move the market further downside.
Parallel Channel Formation In M&M, Look Good For Buying And Selling After Support And Resistance Is Taken Away . Buy After - 655 Sell Below - 595 Median Support - 630 This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
IEX has been consolidating since Jun 20 in narrow range and gave breakout 14 Sep 20 and retested its breakout level in previous day session. Formation of a good bullish candle here will make a good buy for swing / Long term. You can see inverted Head and shoulder pattern as well.
Leading Diagonals have 2 forms or shapes which is rarest of patterns seen in the markets 1st form - can be 5-3-5-3-5 structure (upside or downside) 2nd form- can be 3-3-3-3-3 structure (upside or downside) Bank Nifty ( Possible 2nd form) unfolded from 24th March 2020 In the current scenario ( a possible example of 2nd form i.e. 3-3-3-3-3- could have...
Entry 430 Stop-loss 409 Target 530 Risk/Reward 1:5 Axis bank trading at trendline support. Intermediate and short term trends are up. This pullback is an excellent opportunity to go long because of a very favourable risk to reward ratio. Don't invest more than 5% of your total capital into a single stock.
Om Namah Shivay Brothers, Nifty could be making a leading diagonal. Check the chart. Little early to confirm the same. And that will confirm the pattern and target. The target is based on the (2)/B obviously. The future possible moves are on chart. This is just education purpose only. There are no trading suggestion from this. Om Namah Shivay
The current view on NSE: TALBROAUTO is bullish. The analysis is done from the macro to micro time frame. Monthly, Weekly, and Daily timeframes were taken into consideration respectively. The volume is at play here. On bullish days the volume is too high and during consolidation and bearish days, the volume is too low. Clearly there is a bullish interest in this...
SUNPHARMA is in rectangle /ranging pattern in 1hr chart, usually after breakout the prior trend will resume. Minimum target is the height of the pattern. Breakout direction can be verified by volume If heavy volume is on the downside, then it will continue the previous trend If heavy volume on rallies and can be considered a trend reversal. : Only sharing my...
Look at the charts and make an informed decision. thank you happy trading Beware of risk involved in stock market and this is for educational purpose only.
You can be a better trader. Just read and follow. Regards
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Let everybody else speculate on the future.. "The future is uncertain and the end is always near..." For us it is alsways full of possibilities. "This is my trading journal, not a trade recommendation. Will be Posting and updating the ideas regularly in related ideas linked below, as market progresses, only for educational purposes for me and others who want to...
NSE:MANAPPURAM Hi Traders, MANAPPURAM is in Sell zone and you can open new orders based on price action. Stock has broken support and neck line of H&S pattern and start moving in downward direction. Stock Analysis * Stock forms H&S pattern and it has broken neck line . Buy Level Sell below 146 (Based on price action) Target Level TP1= 136.50 TP2=...