State Bank of India – CMP - ₹186.25 Dt. – 16-07-2020 The stock has broken the support trendline on 15-07-2020 as the stock was falling from 3 continuous sessions before closing in green on 16-07-2020. Purple line, now acting as a resistance line if stock start moving upward it can break purple line and can go up to ₹195.30. If moving down stock is expected to go...
Tata Motors – CMP - ₹102.95 Dt. – 16-07-2020 On the daily chart, the stock is moving in pattern taking the support of redline. Apart from trendline the price also takes the support of 50DEMA. If the stock breaks the 50DEMA support then the price can go up to ₹99. If the stock moves upward and crosses the above redline in the next trading session or after touching...
Adani Ports – CMP - ₹320.4 – Dt. – 14-07-2020 On the daily chart, you can the stock has made continuous low for past 3 days and in last session, the stock made black Marubozu which indicates bearishness in the market. If the market is a week in next trading session than stock can go up to the support level of ₹301.25. On the controversy, if the stock starts moving...
Grasim – CMP - ₹588.90 Dt. – 15-07-2020 On the weekly chart, you can see how the stock is falling since 2018. The stock has given closing below 20DEMA. A support level is placed at ₹581.15 and if the price breaks then it can go below ₹500 easily. Redline will act as a crucial support line but it will take a couple of months to reach there. If some good news comes...
JSW STEEL – CMP - ₹198.40 Dt. – 13-07-2020 In 4 hour, chart the stock has made a higher high and higher low pattern. Buying has increased and CCI is in the overbought zone and the price is above 50DEMA in daily chart as well. Estimated return is 8-10% if purchased around ₹200. If the stock broke the upper trendline with good volume then it can give a very good...
Update Dt. – 11-07-2020 Price is a trap between the triangular pattern and the share is near an all-time high. On 10-07-2020 the share made the all-time high of ₹420.5 and closed at ₹414.3. Price is also taking the support of 21DEMA and 50DEMA also indicates the uptrend. From 1st week of June, the share price was in consolidation form ranging between 380 to 400...
Exide Industries - CMP - ₹156.20 Dt. - 13-07-2020 In the historical daily chart, the price has respected the cross of 21DEMA and 50DEMA and gave a good trend on both sides. On 13-07-2020 the 21DEMA is all set to cross above the 50DEMA and if tomorrow it crosses above 50DEMA with good volume then the stock can give return up to 8-10% in 8-9 trading sessions. RSI...
Bharti Airtel – CMP - ₹574.7 – Dt. – 12-07-2020 The stock has made the Ascending Triangle pattern and can give a good amount of return if it gives close above ₹587.2 for 2 consecutive days and 2nd resistance level is placed at ₹603.7 and after that ₹612 which is an all-time high.
In Daily chart we have seen the shooting star candle at the Resist.level to take the short entry. Short entry can be taken below the level of 400 as we can see strong support at this level. Let's wait to BD this level. After 395 once stock move below the 20 EMA level then we can see the 390 level in the stock. So add the stock in your watch list to see the...
As per chart indicator tells target 320 and long term 450.. SL 302 and If nifty support well then we can sweet target above 340 also in next 5-10 trading session.
Dear traders, Wish you all for more successful trading days, Pound against dollar pair has closed in a lower price mark than the previous week, makes this pair to looking for a bearish week . expected to retrace the 1.24500 mark before going down.. If it breaks above the level of 1.2500 , then it may go bullish .. lets watch how GBPUSD starts july Note- Price...
MCDOWELLS LOOKS SUPER BULLISH IF CROSSED ABOVE 626. UPSIDE TARGET 635-640+ SL-619 TRADE WITH YOUR RISK MANAGEMENT
ONE CAN DO A POSTIONAL TRADE IN L_tFH IF IT CROSSES ABOVE 69.5 TARGET - 80-93 SL-61 TRADE WITH YOUR PROPER RISK MANAGEMENT.
AXIS BANK IS IN BREAKOUT ZONE. AND ONCE BREAKS WITH A GOOD VOLUME ABOVE 409 . SET A TARGET UPTO 415 -425+ SL 390-395
AS EVERYONE KNOWS ABOUT THE VOLATILITY OF MARKET. DUE TO BANKING ISSUES AND DUE TO PANDEMIC. HENCE DOING TRADING WITH PROPER RISK MANAGEMENT AS WELL AS TECHINCAL TERMS WILL LEADS TO A GOOD PROFIT. UPCOMING SUPPORT 9790 9712 9563 9413 UPSIDE HURDLES 9979 10151 10289
Dear All I have drawn few trend lines on the chart of Indigo share. A small home work for my viewers. Request everyone to read , practice & then tell me the levels of this stock. By doing this not only your knowledge will increase but also you will one step ahead to become a successful trader. Request everyone to like and share your levels....
since on a daily chart MARUTI STOCK is on its support and there is an appearance of doji,with buying volume showing some ticks,go long.this is for educational purpose only.
Ascending triangle formation noticed in TCS. At the same time, MACD Line seems to be moving towards the Signal line. If the price breaches the resistance line, go long. if the price breaches the support line, go short.