Bharti Airtel Weak on charts.Bharti Airtel weak on all time frame. Further broken of TL as well as support level can lead to stock more weak in coming days. short below 420 for the target price of 385 with SL of 435. Short entry will take after proper confirmation.
This is for educational purpose only.
Educational
M_M Finance on bullish trendWe have seen minor retracement in this stock due to international selling pressure. Now weekly & Daily charts are on bullish mode. Can take long entry after the ascending traingle pattern BO as well as 20 EMA level above 624 for the target price of 660 with the SL of 605. This is for your education only.
Vakrangee Technical Analysis .Hello friends , Today i have the technical chart Of Vakrangee . Friends as you can see here that it is making Head and Shoulder chart pattern which means it can go down but if you see closely that it can also break and can go up . Because it is also in a symmetrical triangle type chart pattern so it can give you a breakout and can go up or it can go up from here Because as it can go up from Neck line . Its Neck line you can take is at 25.90 rs and its target i have shown in the picture is at 17.60 rs but don't be panic because if you have taken position of short selling because what is the rule of Head and Shoulder that if it give you a break out and you have sold it then you have to sell but it can come to trend line one time and if it comes to the trend line and go up than it over this trend line which i have made than you can close your position but remember that i am not telling you to buy or sell from here i have just given you idea so you can take position whatever you have taken your decision but from my opinion it can be range bound on my lower trend line but remember if it breaks the rangebound for anywhere up or down you have to see if the volume should be up from the other volume where it has given break out . Thank You . If you like this Idea and this Analysis just please like this idea and leave a comment i will surely try to improve it or if you have any doubt related to this you can write in the comment. Bye Bye .
HCLTECh on uptrend can take for long entry at pull back.HCLTECH stock can take retracement at the level of 740-760 . A minor Gap filling is seems to be pending at this level. So wait for the good entry level. if we buy at current level our SL is too huge.
Always do trading as per your Reward to Risk ratio .The ideas sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the August month performance sheet. All trading ideas freely shared here for your education & support.
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DLF - To be kept in watchlistPCR is bullish, but good resistance at 165. GAP is filled. Formed am IH&S pattern.
Vol - Green bars are more higher than red bar. Once it closes above 200 dema it will pick momentum.
MACD given buy signal. Position can be taken only if it closes above trend line. Given a close above pivot point. Good buy near 159.5. If crosses 166.35 should reach 170. Probability of showing momentum on higher side if market breadth is good.
This chart is for educational purpose only.
Stock Analysis of HDFC.HDFC - CMP - ₹1724 Dt. - 18-09-2020
On a daily chart, you can notice that the stock is moving in the range from June first week. Red lines are marked to show the range. If you noticed the price has so many times touched the below red line and changed its direction and vice versa. But the stock has tried to break the upper red line which is acting as resistance line but started falling from very next trading session. Today stock has broken the below red line and given close ₹1724.
It's a good opportunity for swing traders as well as the long term investor who is planning to take the trade.
Stock Analysis of Ambuja CementIn a daily chart, Ambuja Cement is looking very bullish. Historically, the stock takes support on 21DEMA and on last trading session the stock did the same thing and today it gave opening in green. As you can see the price is facing the resistance of the upper trend line. Today stock touches the upper trend line but failed to cross due to lack of buying volume. The stock can try again to break the trend line and horizontal line, which is working as a resistance. If stock sustains above the resistance lines, then the stock can go up to ₹237.05.
RSI is between 50-60 so the stock is not in overbought zone and can go up if gets good volume.
ACC LTD on bullish trendD time frame Resis.level broken & clsoing of the stock above 1400 level. Can buy long above 1420 TGT 1455 SL 1398. Entry will be taken after the BO level.
Always do trading as per your Reward to Risk ratio .The ideas sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the August month performance sheet. All trading ideas freely shared here for your education & support.
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Stock Analysis of Cadila HealthcarePrice touched the trend line which indicates that the price is facing the resistance. If the stock breaks the resistance at around ₹395.50 then it can go up to ₹401.50.
RSI and CCI are neutral whereas MACD has given a buy signal.
SGXNifty vs Nifty50The difference is mentioned on the chart. As you can see the white line which represents Nifty50 is flushed together against the price movement of the SGXNifty. Traders use this instrument to gather a sense of the direction of the market for the day. This is not a sure shot method of determining the open or the direction, but it offers a good indication.
Today, the SGXNifty is trading about 20 points lower (7:45am), indicating a flat open for the day. When you come into the market with a bias, this can either confirm or reject that bias and help you create a more accurate trade plan for the day.
Inside Candle Strategy using the 20MA (BANKNIFTY)This strategy does not work 100% of the time, but it does offer a good risk reward ratio.
If the pattern occurs in the first 15 min, wait for about an hour and observe the price action, and take a trade only after the breakout. Taking a trade too early may result in your SL getting triggered too soon. You want to try and make it harder for the market to trigger your stop loss, hence you should set it just above important levels and not exactly on them.
Biocon Stock very strong uptrend & bullish zone.BIocon stock long entry above the highest resist. level of 440 for the next target price of 480 -500 with SL 415.
Always do trading as per your Reward to Risk ratio .The ideas sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the August month performance sheet. All trading ideas freely shared here for your education & support.
drive.google.com
ICICI pru TView ideaAs per charts of ICICI pru keep an eye either BO or BD of the triangle pattern.
always do trading as per your Reward to Risk ratio .The ideas sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the August month performance sheet. All trading ideas freely shared here for your education & support.
drive.google.com
Ramco cement stock for long entryD BO done long entry can be taken above the price of 708 TGT level 730 SL 692 if stock sustain above the level of 735 then level of 755 can be seen.
always do trading as per your Reward to Risk ratio .The ideas sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the August month performance sheet. All trading ideas freely shared here for your education & support.
drive.google.com
Dabur long entry can be taken.W+D BO done.& closing above the level of 500 the sign of bullishness. Long entry can be taken above the price of 510 for the target level of 530-540 SL 488.
always do trading as per your Reward to Risk ratio .The ideas sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the August month performance sheet. All trading ideas freely shared here for your education & support.
drive.google.com
Apollo hospital short entry taken Apollo short entry can be taken after the BD of TL As well as Weekly Support below the level of 1550 TGT 1500-1475 SL 1595. This will provide us double confirmation.
Always do trading as per your Reward to Risk ratio .The ideas sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Watch the August month performance sheet. All trading ideas freely shared here for your education & support.
drive.google.com
ACC LTD on bullish trendACC stock again at the BO level of 1340. On daily chart we have clearly seen the W pattern forming on the charts. So after the Bo of neckline above the price of 1340 we can take long entry for the next price target of 1400 & 1453 with the SL of 1290. Once stock able to cross the level of 1400 keep your SL trail or book profit according to your reward to risk ratio. So add the stock in your watch list to see the price action movement.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
SBI Card share to take long entry.Clearly on all TFs SBI card stock is on bullish mode. Stock is making the higher highs & trading the level with 20 EMA. A small pull back has been seen on the charts. Stock is in triangle pattern & after the BO we can see very good movement in the stock. Long entry can be taken above the level of 814 for the next target price of 835. if stock able to cross the level of 840 successfully if can see the level of 850 with life time high. So add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Indigo stock for long entryIndigo stock is to take for long entry. After the BO of TL above the price of 1255 long entry can be taken for the next target level of 1292 with the SL of 1228. We have seen the Positive divergence & stock is trading above the 20 EMA level. if stock able to cross the 1300 level we shall seen the more strength in the stock. So add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
Adani Enterprise Analysis!Mixed bias on this stock. Previous rally ended with a candle with a huge wick, which suggests that supply has entered the stock and can drive prices lower. But the overall price and volume situation inside the range suggests that the stock is looking bullish and might just be in a consolidation phase and might continue with the previous momentum and rally even higher. Price has currently taken support at the 50%-61.8% Fibonacci retracement levels and has shown many tails near the zone.Even though this is a bullish sign, price needs volume to support the bullish sentiment. Additionally, price needs to move with momentum in order to prove that bulls are present in the stock. Price has touched the Fibonacci zone many times but has returned back to it twice, suggesting that buyers are exhausted and might not be able to push the prices higher. This confusion can be ended with a strong breakout on either side of the range, to confirm and prove either one of the bias right. Patience is important and will need to wait and watch how price progresses with volume.
I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏
GodrejCp Stock to take for long entryIn charts we can see the Flag & Pole pattern is forming , We can expect the stock to move around the level between 660-665 . In this range we can buy the stock for the next target price of 695-700 levels. Conservative traders can take entry after the BO level of 675. So add the stock in your watch list to see the price action movement of the stock.
Always do trading as per your Reward to Risk ratio means Never risk more than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask.
NXTdigital intraday, BTST strategyobserve the curve trade in bullish/bearish , you can easily bag in 2000-3000 per day. trade at your own risk.