My view on Hindustan Aeronaut stock is may be given good profit for 16/08/2022 Weekly. Because this stock Volume has Increased in weekly time frame and formed Bullish Engulfing pattern with Momentum.
Today's price-action makes a (almost) Bullish Engulfing Patten in NSE:NIFTY1!
The next level of Resistance based in previous price-action (based on RSI) is shown.
As per the 2 Hour Chart of KIRLFER, we have witnessed a formation of a bullish engulfing pattern on the downside levels.
Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein, the stock is being expected to face a resistance initially at around the levels of 216.20, 221.95, and 227.90. Whereas, on the...
As per the 2 Hour Chart of SAKSOFT, we have witnessed a Formation of a “Bullish Engulfing” Pattern on the downside levels of the stock.
Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein, the stock is being expected to face a resistance initially at around the levels of 753.60, 777.50, and 814....
range breakdown with engulf candle is a bearish sign .
NSE:DIVISLAB may come to previous support zone.
sellers-
short entry at 4425-35 ,
target =previous support 3900,
SL 0.6 of bearish engulf candle
buyers- we should enter at previous support 3900-3930 to take small target of 8-10% by putting SL below zone.
Happy trading
As per the 2 Hour Chart of RUPA, we have witnessed the Formations of a “Bullish Engulfing” and a “Morning Star” Pattern on the downside levels.
Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein, the stock is being expected to face a resistance initially at around the levels of 496.10, 505.80, and...
As per the 2 Hour Chart of GAIL, we have witnessed a Formation of a “Bullish Engulfing” Pattern on the downside levels.
Therefore, we are expecting to witness a bullish momentum in the stock in the upcoming trading sessions. Wherein, the stock is being expected to face a resistance initially at around the levels of 160.10, 162.45, and 164.65. Whereas, on the...
This is Monthly Timeframe.
Finally ITC is showing some strength, sell-off started in July 2017 and
it fell more than 60% from it's all time high and made a bottom in March 2020.
And after that it started a retracement, but the retracement have crossed the 0.50 fibo level,
and now approaching the 0.60 fibo level,
that means it not a retracement anymore. It may...
I would advise my audience to buy Paytm at this price for a short term.
NOTE- I WOULD NOT BE RESPONSIBLE FOR YOUR LOSS OR GAIN!.. JUST A ANALYSIS PRESENTED IN FRONT OF YOU..PLEASE CONSULT YOUR FINANCIAL ADVISOR AND THEN INVEST ACCORDINGLY ELSE ANALYSE BY YOURSELF AND TAKE YOUR ACTIONS ACCORDINGLY.
Short term targets- 804(In a few days maybe next week)
Second...
Reliance has been trending after the trendline breakout and now the price is taking support at previous high and 20 period EMA. Which is supported by a bullish engulfing candle. If the current candle closes above 2606 which is the high of previous candle, Entry can be done here and if it doesn't then wait for the closing above current day high. Stop loss should be...
According to the daily chart there is a clear formation of Bearish Engulfing Pattern , which is further confirmed by RSI levels , and also Stochastic RSI with proper demarcation of overbought scenario in Adani Wilmar Ltd.
All the investors who chased the stock all the way to top , must be aware of the bear trap that had been laid . Sincere advice to all investors...
This is daily timeframe.
Cipla was in consolidation in long range for 8+ months.
Finally it gave range breakout and retested its resistance zone,
which is acting as a strong support now.
Selling volume decreased in last three days of last week's.
Today it gave rejection to downtrend and had formed bullish engulfing.
May be now it will give a good upmove.
Let's...
HDFC AMC is showing signs of trend reveral on weekly timeframe.
Since 2019, it is taking support and had created a support zone of 1970-2080.
This may be the right time to enter for long term, but I'm not interested in it yet.
Till now company fundamentally good.
But my concern is that it has hammered multiple time to support zone. So my eyes are on upcoming...
GARWARE Technical is following a down trend on a Daily TF in a channel pattern and recently made a bearish engulfing candle at the resistance.
Looking good to further fall by around 5% in short term period to 2550.
