ONGC as per chart it looks too good for grab
add in small qty, energy sector looks too much promising in last few days.
SL 115 for short term and 110 for medium term investors looks good.
Energystock
ALL TIME HIGH BREAK-OUT IN TATA POWERTATA POWER has broken ALL TIME HIGH that has been made 13 years back.
Volume is good.
Which indicates a strong buying opportunity.
ENTRY : Buy above 165
SL : 150 CBSL
TARGET : 180/200/220
NOTE :This post is just for educational purpose. Do consult with your financial advisor before taking any trade.
Thank you.
Coal India Swing Trade AnalysisCOALINDIA 15 min time frame analysis
Traders can go for swing trade for this one .
See the movement and Go long or Short after proper breakout and break down
Please put proper stop loss
*We are not SEBI registered
This is only for educational purpose.
Please consult your advisor before making any trade or investment
Possible Reversal on daily chart - Buy BPCL1. MACD showing strength
2. Energy sector looks bullish
3. Supported by increase in reliance
4. Possible reversal from Support trendline
5. Weekly trend is uptrend
BORORENEW convection fundamentally good available at BO levels NSE:BORORENEW at demand zone with results lined up next week it is a good script to look after if you trade with technical
Inverse Head and shoulder pattern formed!
Good accumulation at recent levels !!
Power grid Heading for a breakout!!After spending considerable time in the range of 200-240. The stock has given bullish signals on both indicators for the breakout.
The sustained price movement above 240 can be considered as a breakout.
A significant bullish move can be seen till 285-290.
TATA POWER - Swing (Fibonacci Retracement)Stock has risen from Golden Fibonacci Level of 38.2%. If sustains above TL and crosses 111 on Daily candle close then can target levels of 115, 120 and 125
HBL POWER SYSTEM - swing opportunity !!!!!!!HBL POWER SYSTEM
Breakout alert ahead.
Self explanatory chart.
For educational purpose only. I am not a sebi registered expert. Trade at your own risk. Feel free to text & Share your views.
#banknifty #hbl #nifty
WATCHOUT FOR THE BREAKOUT!!!Stock looks pretty much ready to give an inverse H&S breakout on the weekly charts, stock has also formed a bullish flag pattern on the daily charts, which can explode any moment soon. Stock retraced it's breakout levels of 80 in the previous weekly candle and jumped up again over 10% in the next week, which is also believed to be the classical kind of movement before the rally. Long position is strongly recommended with respect to the levels mentioned on charts.
Happy Trading!
Strong recovery from lower levelsI had discussed this in detail in the LIVESTREAM done yesterday.
Nifty dips analysed around 13800 has been achieved.
UBL was a potential long.
PETRONET shown here was also analysed in detail.
www.tradingview.com
Can watch it in the above link.
Swing Trading Analysis: IEX (Indian Energy Exchange)Retracment after a strong breakout. Now we can see a Pullback from demand zone.
Ballardpower breakout of 8years downtrend from Nov,2002BALLARD POWER just breakout from its resistance 16$ which price was last seen on Dec,2002. And now resistance may became support after 8years of downtrend.
***Just sharing my opinion , not an investment advice.
NTPC LongThe bottom trend line indicates that the price is making higher lows, while finding resistance at Rs.99. This provides a good entry point at CMP with a target at about 100 while keeping SL at 90.5
ONGC- Up to Date Analysis - Intraday Opportunity Hare Krishna !,
Hope you had followed my sell idea on ONGC yesterday and would be in good profit.
for those who did not , no despair..an intraday opportunity may show up in the day.
Even if you use any other method you can make money as the BIAS is sell side and target is 119.
to understand the indea please visit the related ideas link below for details
fell free to contact me
Good Luck
WTI Crude OIL Future: State of (long-term) Charts.WTI Crude OIL very long term analysis - www.researchgate.net
BUY JSW ENERGY MEDIUM TERM @ CMP 75, Stop Loss 48, TARGET 110NSE:JSWENERGY was moving in in Downward Channel on Weekly Chart, and the stock broke this channel in the 1st week on September there after we witnessed a swift rally 81.70.
Trading in better rewarding as risk is comparative lesser where you try to gauge reversal at channel extremes and take advantage of low stop loss during this reversal points. Channel breakouts on the other hand are extremely difficult to trade because stock has tremendous volatility and getting a proper entry during this high volatile period is a challenge. The ideal way is to wait for the initial volatility and euphoria to die down and let the stock consolidate and wait for channel role reversal of channel support/resistance .
NSE:JSWSTEEL after 2nd week of September there was a correction with lower volumes and the stock test the support of the channel which earlier was resisting the stock. This should be an Ideal entry point. This is a medium term trade, from increasing volumes we can make out the participation phase.
Duration should be 6-8 months for this and we can expect around 50% return on investment.
EPM POSITIVE SENTIMENTLong term trends: Evolution Petroleum Corp is showing a upward trend. In the past few months this scrip has moved 80%. The good news in the crude prices has kept the momentum going for this scrip. Currently it is priced at $9.20. The blue area shows the price movement of EPM and as seen this movement compares positively with IXE Index. This is confirmed by good volumes over the past few months. Moreover, the Relative strength benchmarked with IXE shows a sharp upward trajectory. The MACD confirms some more steam is left in this rally.
Short term: In the short term analysis, EPM is showing overbought signals. This is also confirmed by the candle stick patterns that is showing some consolidation near the $9 levels. I would expect a marginal correction to around 8.50 levels before further strength.
Overall this is a good for a short term trade in the 1-3 month horizon.
