I see Bearish Engulfing candlestick pattern on daily chart right at the supply zone ... hopping for a reversal from hear if it break the mention levels ...
After Retrace upto 0.5 Fibonacci level in Daily Time Frame & trend line breakout Buying Volume started expanding... Looks good for positional for Target of 1450, 1520, 1590, 1690(As per Fib Extensional analysis)
There’s a huge price rejection by bears at the top levels - look at the candles showing bearish engulfing the green candles in the charts. Tgt - 100-200 points SL - 200 points You may also enter PE position of 2400-2300 or Short CE above 2500 Would like to know your views too. Pls comment.
The bullish engulfing pattern has been spotted at important levels. If the stock sustains above the levels then it can be a good swing trade. Target - Upper trendline. Stoploss - lowest low of the pattern.
NIFTY, in the 15m chart has a gap down opening. Any high momentum candle will make a bullish engulfing pattern and NIFTY should be able to bounce back from there.
Hsil Big Rounding bottom And up flag Breakout Go Long for Short Term Entry at near and above 125.17 (major resistance Fibonnacci Levels) 1st Target -147 (Up Flag pattern target should be ideally acheived in 4-5 days after taking entry above 125.17 ) 2nd Target -200 3rd Target -210 (Rounding Bottom Target) RSI is also above 60 which is a buy Sign! Recent Macd...
Voltas can show more pressure if breaks 876 Sl 900 Target 844, 820
Buy - 210.50 Stop Loss - 198.70 Target - 231.50 Wait for min 15 days
Dixon has seen a massive uptrend and also in the upper band of RSi (80) and also formed bearish engulfing, so in short term, we can see a good correction. What is bearish engulfing? - A is a technical chart pattern that signals lower prices to come. The pattern consists of an up (white or green) candlestick followed by a large down (black or red) candlestick...
⭕ Swing Trading opportunity ! 30 min Chart Alert !!! ⭕ --Buy above =919.40 or CMP --Target = 932 | 939.70 --Stop-loss =912.55 --Lot Size = 950 ...
NSE:JSWSTEEL Swing Trading opportunity ! 30min Chart Alert !!! --Buy above =364 --Target = 373 --Stop-loss = 360 --Lot Size = 2700 --R:R = 2.22 --Expected Profit = 24,000 ₹ per lot (2.47 % ) Technical Reasons to trade :- 🧢 1) jswsteel break the trendline with volume 2) Volume is more than sufficient i.e engulfing pattern & bullish candlestick pattern 3)...