Auto sector has not participated much in the NIFTY rally, but seems that the index is getting a push now. TATA MOTORS seems to be a good candidate. After recovering from low, it is consolidating nicely at a important fib level (seems like accumulation is going on). The stock is trading above near/med/long term moving average.
will break the supply zone after reach the 1st or 2nd target
Sunpharma is continously in uptrend and had given a breakout after a good consolidation. Stock has tested its resistance and got a bounce back from that zone. Here is the reason why we can take a entry here:- 1.RSI is above 60 in both weekly and daily chart, which shows strong momentum. 2.Stock is out performing both NIFTY and PHARMA index. 3.Price taking support...
Key points highlighted in chart - support, resistance, pattern, retrenchment level, entry, stop loss and target
accumulate near 2200-2300 levels with a closing stoposs of 2100 for targets ATH and Above
The stock is down by 20% from ATH, set up look favourable with R:R 1:4 Point consider in analysis: a. Ascending Triangle b. RSI c. EMA d. Fib level The entry, exit and stop loss mentioned in chart itself. Disclaimer : Consult financial advisor
Once it gives a breakout one can surely enter. For safer side you may wait for one confirmation candle also. Happy trading !
Radico Khaitan Ltd., formerly Rampur Distillery & Chemical Company Ltd., is an Indian company that manufactures industrial alcohol, Indian Made Foreign Liquor, country liquor and fertilizers. It is the fourth largest Indian liquor company. This Festival session liquor demeaned will increase.
Fibonacci Retracement Tool.. one of my fav. Stocks is in consolidating phase. Multibagger breakout. Sl -252 (0.786 level) Target - 300,400 **For educational purposes only
SHIB pumped more than 50% yesterday, It formed a triangle pattern on 15m timeframe. So, if it breaks the resistance , it may move upto its last All Time High. If support breaks ,the support becomes the new resistance, and the new support will be 0.00001110$. COINBASE:SHIBUSD
Taking a fantastic support. Seems a good buy at this level with a SL of 20 Points. Targets are mentioned on the chart. CHART & ANALYSIS ADARSH DEY
enginersind : trade set up : 1. buy at cmp 75.05 till 73 2. keep stop loss as 66 on closing basis 3. short term targets : 84.35/96.65/ long-term targets 112.25/128.35/146.35 technical setup : 1. trendline 2. fibonacci 3. triangle 4. value note : a. stock trading exactly at strong trendline support , which is intact for more than 52 weeks . b. its...
PGIL: Proctor&Gamble Health It is currently taking support from 61.8% Fibo levels which is also its previous resistance acting as support. Can go long with SL of 5200(CLBS) for targets of 5700/6140/6660/7500
1h chart, with descending tops and bottoms, targets 1.618%, 2.618%, 3.618% and 4.618%
This scrip is in an uptrend for a while and it's consistently making HH and HL. This scrip had now given a breakout from a triangle pattern with a decent volume and also there's a volatility expansion in BB so there might be a big movement on either of the sides as it had breakout from resistance i expect it to go up. Swing traders may long now with SL of around...
Natural Gas Travelling in trendline (down side)...once its breaks up side ,its move on 450-460 range.only criteria is closed buy above 435 at 1hr candle closing basis
Stock was in good accumulation and breakout Those who are interested can Buy BALRAMCHIN Stock. Cmp is 392.75 Target 1: 421.2 Target 2: 475.45 Target 2: 529.75
Crude breaks the trend line in up side, once its breaks previous resistance(5675) it will move on 5750-800