Price breaks pattern. NIfty auto weekly candle showing support reversal.
Pattern breakouts. Price should make the strong break of the resistance, to enter trade. Good improvement in net sales. Expecting Nifty metal index, if takes support.
I WILL LOOK AT BUYING OPPORTUNITIES AT ABFRL because : It is forming a kind of expanding pattern . It has been taking the support of the lower trend line . Now the price is again at its support level so will be looking at buying opportunities. Entry : 127 Target : 158/161 Stop loss : 119
CLEAR BREAKOUT IN DAILY AND WEEKLY TIME FRAME Above 200 MA ALSO GAVE THE CONFERMATION AFTER BREAKOUT GOOD VOLUME BREAKOUT BUY AT 130. 🤘🏻
Muthootfin has broken its major resistance. The price can reach its 52 week high again. We will be looking at holding it for a long term , good for long term investors. ENTRY : 1064 TARGET : 1400 STOPLOSS : 850
I will go LONG on RBLBANK because: The price is taking support at trend line . It has touched the support trend line again . So will look at buying opportunities. If it falls below the support trend line then short it. Entry - 165 Target - 200/210 Stop loss - 145
Entry - 583 Target - 767 Stop loss - 540
I will go LONG on IOC because: The price is taking support at trend line . It has touched the support trend line again . So will look at buying opportunities. If it falls below the support trend line then short it. Entry - 74 Target - 96 Stop loss - 68
Entry - 450 Target - 550/645/700/788 Stop loss - 425
I will go LONG on PFC because: The price is taking support at trend line . It has touched the support trend line again . So will look at buying opportunities. If it falls below the support trend line then short it. Entry - 88 Target - 103 Stop loss - 83
I WILL LOOK AT BUYING OPPORTUNITIES AT LT because : It is forming a kind of expanding pattern . It has been taking the support of the lower trend line . Now the price is again at its support level so will be looking at buying opportunities. Entry : 878 Target : 1081 Stop loss : 840
I will buy NTPC because : It has been taking support at the trend line . So will be looking at buying opportunities. Book profit once it touches the resistance. Entry : 82 Target : 101 Stop loss : 80
I will go LONG on SHREECEM because: The price is forming a Chanel or Rectangle Pattern . The price is also under Support/Resistance zone. It has touched the support (lower end of rectangle ) and may reach the resistance zone (upper end of rectangle ) . Target would be the Resistance area . Book profit when it reaches the resistance zone . Entry - 21198 Target -...
MGL has been taking support between the prices 743 and 766. The price range between 743 and 766 has been acting a major support for MGL , The price is again at its support level. So will be looking at going long on MGL. Entry : 778 Target : 957/1094/1200 Stop loss : 665
Looking like making a bullish flag. Keep eyes on Irctc, can give a big move above 1600.