Educational
Godrej property share on bullish Trend.We have seen on all TF Godrej property charts on bullish trend. Today we have seen the major hurdle at the level of 870. So entry can be taken in the stock above 870 level for the target price of 900 -915. Sock is trading above 50 EMA . So add the stock in your watch list & wait for the levels.
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. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
Havells on breakout level ready.On Daily charts we can see the stock at break out level. So we can take the long entry above 550 for the target level of 575 . We can see the minor hurdle in stock at 564 level so be cautious at this level. Also we can double bottom pattern is visible in the charts. so add the stock in your watch list for next trading session.
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. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
Just Dial share on bullish mode at the BO levelWe have seen on daily chart of Just Dial the major break out given above 400 level and well sustain that too. Now the for next level of the stock is 425 once the stock cross the level of 430 next target of the stock is 450 level in coming days. Now stock is moving above the 50 EMA . So add the stock in your watch list
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. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
Glenmark pharma share on bullish trend.Clear we have seen the bullishness of the stock of Glenpharma on Daily & hourly chart. The formation of Flag pattern on hourly chart is clearly visible. So we can take the stock for long entry above 392 for the next level of 408 . After this a minor resistance zone at the level of 410. Once the stock cross & sustain the level above 410 then the next level is 435. So add the stock in your watch list for next trading session.
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. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
RIL share on uptrendOn all TF RIL share trading above 50 EMA & very bullish . Also on one hourly time clearly Flag pattern is visible on the charts . So this can be taken for long entry for next level of 1560 . So add the stock in your watch list for next trading session.
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. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow & like for more educational ideas.
JSWSTEEL on bullish modeOn Daily chart of JSWSTEEL we can clearly seen the formation of Tripple bottom pattern. From the above 190 level stock can be taken for long entry for the target levels as shown in the chart. Stock has broken the zone of 180 and trading above that range. So kindly add the stock in your watch list & check the levels.
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. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow for more educational ideas.
Make friends with each candlestick try to identify the language of candles.
TVS motor again at break out level.TVS motor is closed today at 352 & throughout the day stock is struggling to break the level of 355 . Now in one hour chart Flag pattern is clearly visible . So tomorrow we can take the long entry above 353 Till next zone of 368 . If stock sustain the level of 368 then it can achieve the target of 380 in coming session. So keep the stock in your watch list for further update.
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. The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .kindly follow for more educational ideas.
If you play the blame game, you’ll never become a better trader. Accept your mistakes and practice to achieve the targets.
Educational Idea given on bharti infratel candlestic chartsYesterday educational idea given to our members and also share on trading view platform. This shows the power of candlestick chart. Look today major of the stocks are trading in green but look at the stock of bharti infratel no news nothing still stock is falling . so identify these type of patterns in charts which makes you successful trader in the market. So all the below conditions are fulfilled when the shooting star candle is appear on the daily chart as we have seen on 29-May-2020. In technical analysis, a shooting star is interpreted as a type of reversal pattern presaging a falling price. The Shooting Star looks exactly the same as the Inverted hammer, but instead of being found in a downtrend it is found in an uptrend and thus has different.
1) After the uptrend we have seen the shooting star candle on the charts. Means now it's bears turns to capture the momentum of the stock.
2) 2nd Confirmation given as the shooting star appear near the resistance zone of the stock.
3) We can put the stop loss at top wick of the shooting star candle.
4) Look see our Stop Loss is well respected & not even touched by any candle during whole trading session.
5) Stock falls & we can book the profit as per our reward to risk ratio.
This idea is sharing for educational purpose only. Please note candle stick charts are not generating any trading ideas but increase the probability of stock will move as per our direction.
Dabur india stock in bullish trendClearly we have seen the Dabur india stock on daily charts trading above 50 EMA .The break out level of 440 has been completed & successfully closed above the level. Now this can be taken for long entry as marked in the chart for next level. Once the stock trading above 480 level than can be touched 500 level very soon. So add the stock in your watch list for next trading session.
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. The idea sharing is for educational purpose only. in case any suggestion advice required feel free ask .kindly follow for more educational ideas.
EDUCATIONAL IDEAS for Bhart infratelplease see on daily charts of Bharti infratel a shooting star candle is seen at the major resistance zone of 230. From this level stock can be move to downtrend for a while. So add the stock in your watch list to see the action. This is purely for information and educational purpose. Those who are planing to buy the stock in next trading session be cautious. will keep you updated more on this.
Relaxo footwear share can be taken for long entry .Please check the daily chart of Relaxo footwear, the stock has given the clear breakout of 680 but close below the level. Nevertheless stock in bullish mode can be taken above 680 for next level of 715. once the stock cross the level of 720 than the target price is 765 in upcoming session. So add the stock in your watch list for next trading session.
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. The idea sharing is for educational purpose only. In case any suggestion advice required feel free ask .kindly follow for more educational ideas.
Bharatforg can be taken for long entryOn daily chart Bharaforg stock Break out level seen clearly & stock closing above that level which is the good sign of bullishness. So in next trading session this can be taken for long entry above the level of 335 till next level @ 365. 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. The idea sharing is for educational purpose only. in case any suggestion advice required feel free ask .kindly follow for more educational ideas.
DLF at breakout levelOn daily chart of DLF which is our favorite all time stock has been given the signal of break out from the level of 150. As indicated in charts this can be taken for the levels of 158 and 170. So add the stock in your watch list. This can be taken for long entry above 151 only. Tripple bottom formation on charts.
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. The idea sharing is for educational purpose only. in case any suggestion advice required feel free ask .kindly follow for more educational ideas.
ICICI Bank Channel Formation !!TREND ANALYSIS & TRADE SETUP
Wave Analysis & Chart Pattern .
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 8-10 Times
SHORT ON LUPIN (NSE)This analysis is only for educational purposes, Invest at your own risk!
LUPIN closed at 841.80 on Friday with a decrease in its price and very low volume .
The Pitchfork drawn shows a downtrend with the stock price approaching its resistance line.
Since the gap between the stock and its 52 week high is pretty close therefore a stop loss should definitely be placed just around 855 INR.
The stock may prove to be profitable is shorted at price range 841-836 INR and bought back at around 825-835 INR.
A down trend in both the volume and 20 period RSI can be seen.
ALL THE BEST TO EVERYONE !
Cheers!
Petronet Risk Trade Setup with small Stop Loss !! TREND ANALYSIS & TRADE SETUP
Wave Analysis & Chart Pattern .
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for entry setup, if available then Long/short.
Reward is 8-10 Times